Compliance Manager (AML)

Company: Bank of China (4th largest bank in terms of assets internationally)
Position: Compliance Manager (AML)
Department: Legal & Compliance
Location: Sydney CBD
Term: This is a TWO Year Term Contract, with the possibility of becoming an on-going role after contract period has ended.
Interviews: Interviews will be conducted via phone/video conference until further notice.
Closing Date For Applications: 3/9/2026
Agencies Please Note: This role is not open to agencies.

Bank of China in Australia
Bank of China Limited Sydney Branch was established in 1942 and was the first Chinese bank to establish operations in Australia. Since resuming banking operations in Australia in 1985, Bank of China, (including Bank of China Limited and Bank of China (Australia) Limited) has dedicated itself to promoting the Australia-China trade and economic relationship. Building on decades of local market financial experience and expertise, Bank of China has built a fast and highly efficient global service network supplying a diversified range of financial products. Bank of China offers a comprehensive range of financial products, and to date is the only Chinese bank operating in Australia holding a licence to deal with both retail and wholesale customers.
 
Overall Responsibilities

• Assist in developing and implementing the latest AML/CTF Program and relevant Head Office policies from line 2 perspective
• Perform regular review/ update of AML policies and procedures in meeting regulatory and Head Office's requirements
• Update the AUSTRAC Regulatory Registry to document relevant regulatory updates and actions
• Act as a subject matter expert for corporate and institutional banking customer types, and provide clear and proper advice timely to first line in relation to KYC/CDD queries
• Review high risk customer applications, and enhanced due diligence cases
• Perform regular sample checks on KYC cases, including EDD, OCDD, etc. and provide feedback to Line 1
• Contribute to the ongoing enhancement of the customer lifecycle management process
• Be familiar with KYC system and functions, make system refinement recommendations, and provide support in ongoing system testing
• Participate in AML projects as directed.

 
Required Skills/Experience: 

• Subject matter expert for corporate and institutional banking customers KYC
• 3+ years proven CDD/KYC advisory experience
• 5+ years of experience in banking industry
• CAMS an advantage
• Be able to work under minimum supervision and deliver desired results
• Proactive and strong problem solving skill
• Effective communication skill, both verbally and in writing
• good team player
• Clear understanding of the customer lifecycle management framework and process
• Good knowledge of AML, AUSTRAC requirements regarding KYC, CDD, EDD, OCDD, and banking products
• Proficiency in Microsoft office.

To be eligible to apply for this position, you need to be a permanent resident or Australian citizen.