• Full time, Permanent role

• Hybrid working

• Supportive and collaborative team with development opportunities

Do work that matters: 

We’re undergoing a rapid transformation, and Risk Management is centre stage. You’ll be part of a movement where you’ll play an integral role in our ongoing commitment to do the right thing by our customers and the communities we serve.

The FCC Financial Crime Intelligence Unit (FCIU) is a Group-wide function that provides industry-leading intelligence, research and analytical capabilities for the proactive identification of emerging financial crime trends and effective management of financial crime risk through the delivery of clear findings and recommendations.

The FCIU facilitates information sharing with both internal and external stakeholders, including but not limited to regulatory, law enforcement, and security agencies.

See yourself in our team: 

No day is ever the same in a Risk role at CommBank. You’ll be challenged with new problems and new solutions in a role that allows access to multiple aspects of our business and a variety of project types.

You will lead the Strategic Intelligence team and will oversee the execution of FCIU’s collection capability, Strategic Projects, governance and reporting. 

The role will also be responsible for managing the Group's relationship with the Australian Transaction Reports and Analysis Centre (AUSTRAC) Fintel Alliance, including collaboration on related projects.

This will be done by examining the insights and observations from internal and external data sources to test propositions on how certain criminal behaviours might be undertaken within a banking environment. Your team will then be responsible for acquiring the necessary data to test these propositions with support from the FCIU Data Analytics team. 

Analysis of this data will inform updates to the Group MLRO, recommendations to the Executive Financial Crime Risk Committee (EFCRC), referrals to other Group stakeholders (i.e. Group Fraud Management Services, Regulatory and Compliance Operations) and proposed projects with AUSTRAC Fintel Alliance.

On any given day, you will:

• Establish and maintain a pipeline of internal and external data sources in support of FCIU’s collection capability.

• Undertake data surveillance for high-risk typologies to identify changing behaviours among customers which may require intervention and engagement with government and industry.

• Develop hypotheses regarding the likely criminal activity being undertaken based on leads identified via FCIU  collection and reporting.

• Disseminate intelligence reports involving financial crime risk(s) involving Group customers, products and channels to relevant Group stakeholders.

• Identify and communicate Red Flags and Typologies to the FCC Financial Crime Analytics team to assist the Group with the detection of potential ML/TF activity.

• Review and present FCIU intelligence reporting and proposed actions to the FCC Leadership Team and EFCRC.

• Oversee the development of  indicators derived from FCIU operations and other sensitive sources to enable probability based-risk scores to be assigned to customers and high-risk criminal networks.

• Review and update FCIU SOPs and related User Guides.

We’re interested in hearing from people who have:

• Deep operational and strategic intelligence experience including demonstrated expertise in managing related analysis, testing and investigations.

• Successfully directed research / analytics / intelligence professionals to develop rules based models and surveillance capabilities.

• Strong ability to interpret key insights from complex data and deliver concise communications outlining emerging financial crime risk(s) and associated impacts.

• Demonstrated experience in the drafting and presentation of intelligence reporting to senior stakeholders.

• Proven ability to develop and implement new capabilities and processes within an intelligence function.

• Demonstrated experience in the production of governance material including SOPs and User guides.

• Able to be security cleared with Australian intelligence and law enforcement bodies.

Working at CommBank

At CommBank, we’re committed to building a diverse and inclusive workforce reflecting the customers, businesses and communities we serve.

As a value’s driven organisation, we nurture and support our people, through focusing on skill and talent development, collaboration, flexibility and internal promotion.

With service in mind at every touch point, we take accountability for the role we play in securing and enhancing the financial wellbeing of people, businesses and communities.