The Company Robert Half are supporting a global institutional bank - being the 2nd largest bank in the world by asset size. Our client are proactively expanding onto overseas markets and currently has over 30 offices operating. Operating in a sophisticated financial market like Australia, our client strive to not only meeting Head Office expectation but also to establish higher standards as soon as it suits. It is on this basis that Internal Control & Compliance Department has significantly contributed to a number of Compliance Projects/ Initiatives and has become highly regarded within the group. Job Responsibilities The Head of Compliance is responsible for managing the Internal Control & Compliance Department. The key role of the Head of Compliance is to ensure that the business conducts its work in full compliance with all Australian and international laws and in full compliance with Head Office and internal rules and regulations. The Head of Compliance is specifically responsible for the development, implementation, and management of the Compliance and Financial Crime framework for the bank. This includes ensuring adherence to regulatory requirements, safeguarding the bank from financial crime risks, and ensuring the integrity of all operational and transactional processes. · Lead the bank's Compliance Program, ensuring the creation and implementation of a robust compliance framework aligned with local and international regulations (including Head Office prescribed guidance); · Provide strategic direction for the Compliance function and resources, ensuring consistency with the bank's overall objectives and risk appetite; · Escalate Compliance-related risks, regulatory developments, and value-add internal policy improvements; and · Ensure optimal resourcing, structure and organisation of workflow to support achievement of Compliance initiatives. · Oversee and provide support to the Financial Crime team in respect of AML, CTF, sanctions, fraud and ABC; · Review, approve and enforce Financial Crime policies and procedures, ensuring compliance with regulatory requirements; · Support and where necessary drive investigations into financial crime-related matters, ensuring timely escalation, appropriate remedial actions, and regulatory reporting; and · Ensure optimal resourcing, structure and organization of workflow to support achievement of Financial Crime initiatives. · Conduct regular Compliance and Financial Crime specific reviews, including identification of gaps, vulnerabilities, best practice and emerging risks; · Assist first line in developing policies by initiating, reviewing and generally contributing to the improvement and enhancement of processes, risk management and compliance culture. Key Requirements · Must have experience working in a Head of Compliance level role in an institutional, wholesale or corporate banking organisation. · Strong technical Compliance knowledge, specifically, relevant compliance regulations and requirements. · Working knowledge of AML/CTF & Sanctions regulatory requirements; · Strong practical experience in creating and setting a Compliance Management Framework； · Strong team leadership and ability to structure a Compliance team to meet objectives, · Strong knowledge of local regulatory standards, guidance notes, expectations and obligations across APRA, ASIC and AUSTRAC; A broad knowledge of Corporate and Institutional banking products, services and business processes, etc. Apply Today Please send your resume by clicking on the apply button. Your application will be assessed within 3 business days. Please note only shortlisted candidates will be contacted. Learn more about our Sydney recruitment services: https://www.roberthalf.com.au/recruitment-agency-sydney By clicking 'apply', you give your express consent that Robert Half may use your personal information to process your job application and to contact you from time to time for future employment opportunities. For further information on how Robert Half processes your personal information and how to access and correct your information, please read the Robert Half privacy notice: https://www.roberthalf.com/au/en/privacy. Please do not submit any sensitive personal data to us in your resume (such as government ID numbers, ethnicity, gender, religion, marital status or trade union membership) as we do not collect your sensitive personal data at this time.