Compliance Manager & MLRO

TransferMate– a subsidiary of CluneTech – was established in 2010 when we began working with regulators around the world to secure licenses to operate as a global payment’s provider. With a global payments network covering 200+ countries and territories, TransferMate have established partnerships with some of the largest banks, fintechs and software providers in the world. The combination of our regulated network, award winning technology and strategic partnerships culminated in 2022 when the business achieved Unicorn status.

Our team is dedicated to delivering the best possible experience for our partners and their customers. We know that a happy team is one that performs at the highest level and our #OneTeam ethos encourages mutual support, respect, recognition, and rewards. In Ireland, we have been recognised as a Great Place to Work for 9 consecutive years, with 35 offices worldwide, we do business across 100+ countries on a daily basis.

About the Role

As the Compliance Manager and MLRO for the ANZ region, you will lead within TransferMate's global Compliance function for the region. You will ensure TransferMate's operations across Australia and New Zealand meet regulatory, AML / CTF, financial crime and non-financial crime obligations while enabling responsible business growth in the payments and fintech ecosystem.

The candidate will contribute to the collaborative mission and vision by assisting with the day-to-day management and integration of an effective compliance program.

As Compliance Manager and MLRO, you will be responsible for:

• Ensuring compliance with local laws and regulations, including ASIC obligations, AFSL conditions, Corporations Act, and AUSTRAC AML/CTF Rules as well as DIA requirements in New Zealand
• Maintaining and continuously improving the local regulatory compliance frameworks to ensure that all regulatory requirements in Australia and New Zealand, including the various AUSTRAC, ASIC and DIA guidances, are embedded in local policies and procedures;
• Preparing and filing SMRs with AUSTRAC and SARs with the DIA and respond to any follow-up inquiries or audits.
• Anticipating local compliance obligations and regulatory changes (both from a financial crime and non-financial crime perspective) and ensure these are addressed in a practical and scalable way;
• Leading regulatory engagements and manage relationships with regulators and supervisors in Australia and New Zealand around AML/FT and compliance matters more broadly
• Representing the TransferMate compliance function on a variety of workstreams and industry bodies to develop regulatory strategies that align with global objectives and ensure controlled and compliant growth;
• Overseeing the day-to-day operations of the local AML/CFT and sanctions and compliance programme, including transaction monitoring and the filing of reports to AUSTRAC, as well as responding to enquiries made by regulators or law enforcement;
• Report on TransferMate’s compliance programme to the Board of Directors and prepare and submit the Annual Compliance Report to AUSTRAC.
• Conducting program level benchmarking assessments, and overseeing program improvements where necessary
• Acting as the point of escalation for regulatory matters and providing compliance advisory to the business
• Compliance oversight of regulatory reporting and providing support to other team charged with regulatory reporting
• Conducting periodic reviews and audits to ensure compliance programs are in line with regulations, ensuring global-level controls are suitable for the local market

Skills/Requirements

• Experience in a similar senior compliance or risk role within a global organization, preferably in B2B payments
• Industry certification RG146
• Previous experience as a Responsible Manager within an AFSL Licensee is desirable
• Experience in dealing/liaising with financial regulatory authorities (ASIC, AUSTRAC, AFCA, DIA)
• Understanding of payments products including International Funds Transfer Instructions (IFTI) reporting
• Ability to understand/interpret new and existing regulatory requirements;
• Strong time management and organizational skills
• Strong understanding of AML/CTF Framework / KYC and sanctions management experience
• Strong understanding of financial services legislation, licensing requirements and regulatory requirements
• Excellent verbal and written communication skills
• Experience and comfortable in establishing relationships with different departments and stakeholders
• Previous experience in dealing with the Regulators & Auditors
• Attention to detail

Benefits

• Competitive annual leave and additional days per length of service
• Remote working and flexible working hours
• Maternity and paternity leave
• Compassionate leave

TransferMate is an Equal Opportunity Employer and is committed to the principle of equal employment opportunity for all employees. We are committed to building and maintaining a culture which is free from discrimination and harassment and where all employees can bring their best selves to work.