AML Compliance Analyst

DBC Philippines is the shared services company of Deep Blue Company (DBC) - an innovative Australian scale-up reimagining the experience in the 'sale to settlement' for residential property buyers, sellers and real estate agents across Australia. Our group of brands includes Conveyancing.com.au, First Class Legal and bytherules - three leading Property Law firms.

The main responsibility of the AML Compliance Analyst is to support our response to Australia's Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Tranche 2 reforms, which will bring conveyancers and other designated non-financial businesses and professions (DNFBPs) under the AML/CTF Act for the first time. Reporting to the AML Compliance Officer, you will play a central role in designing, implementing, and managing AML/CTF compliance obligations for our conveyancing clients and internal stakeholders, ensuring readiness ahead of the legislative commencement date.

You will be responsible for

Review and advise on Know Your Customer (KYC) and Customer Due Diligence (CDD) procedures for conveyancing transactions
Identify and assess money laundering, terrorism financing, and fraud risks specific to the conveyancing industry
Support the development and application of risk-based approaches to client onboarding and ongoing monitoring
Assist in the preparation and review of suspicious matter reports (SMRs) and threshold transaction reports (TTRs) as required
Leverage experience in fraud detection to identify red flags relevant to property transactions
Conduct transactional monitoring and review alerts in accordance with established escalation processes
Collaborate with stakeholders to investigate potential AML/CTF breaches or suspicious activity
Liaise with conveyancers, legal practitioners, and other designated service providers to assist in compliance readiness
Prepare management reporting and compliance dashboards for senior leadership and board-level committees
Participate in industry working groups and maintain relationships with AUSTRAC and other regulatory bodies as required
Assist with internal audits and regulatory examinations, including preparation of responses and evidence packs

Your required experience and skills

A Bachelor’s Degree (2:1 or above preferred) or relevant work experience required

In-depth understanding of Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) requirements, along with the financial crime risks related to various services in the legal industry

Experience in AML, Know Your Customer (KYC), and Due Diligence monitoring, including relevant processes and systems

Strong ability to manage processes efficiently, maintaining accuracy and attention to detail

A recognized AML or Compliance qualification is desirable, but not essential

Exceptional communication and stakeholder management skills

Highly organized, with the ability to work effectively under pressure and meet deadlines

Capable of contributing ideas for process improvements and adapting easily to changes in procedures

Positive attitude with a solution-focused approach in all aspects of work

Proficient in Microsoft Office applications and other productivity tools

Ability to work independently and collaborate with other departments as needed

WORKING LOCATION AND REQUIREMENTS

This role works in a WORK-FROM-HOME SETUP (may require a small amount of onsite training) and in order to be considered for this opportunity you must be able to demonstrate your home working environment is as follows:

conducive home office (free from noise and distraction)

main internet: wired internet of at least 100mbps

reliable back up internet: at least 20mbps speed