Overview
Anti-Money Laundering Analyst Jobs in Surry Hills, New South Wales, Australia at Police Bank Ltd.
Title: Anti-Money Laundering Analyst
Company: Police Bank Ltd.
Location: Surry Hills, New South Wales, Australia
Who we are?
At Police Bank, we exist to serve those who serve. For over 60 years, we’ve supported our members with trusted, straightforward banking. We’re evolving into a more modern, member-first organisation one that combines strong foundations with forward-thinking ideas, where people are empowered to make an impact and do meaningful work.
The Opportunity
This is an exciting opportunity to play a key role in protecting the business and our members by helping detect, prevent, and investigate financial crime risks. Working in a fast-paced and collaborative environment, you’ll contribute to strengthening our anti-money laundering framework while supporting a culture of compliance, integrity, and continuous improvement. This role offers exposure to a broad range of AML activities and the opportunity to work closely with stakeholders across the business.
What you’ll be doing
KYC Outreach – Existing High-Risk Members
You will manage outreach to high-risk members requiring additional due diligence, collecting and verifying information such as Source of Funds (SoF), Source of Wealth (SoW), identity documentation, and the purpose of the banking relationship. You’ll review submissions for completeness, follow up where further information is needed, and ensure all records are accurately maintained and audit-ready.
ECDD – New-to-Bank High-Risk Members
You will perform Enhanced Customer Due Diligence (ECDD) on high-risk members escalated during onboarding, assessing risk across member profiles, expected activity, jurisdiction, products and services, and screening outcomes including PEP, sanctions, and adverse media results. Based on your assessment, you’ll prepare recommendations to approve, escalate, or decline cases for Senior Management review.
BAU Responsibilities
You will investigate suspicious transactions and member behaviour, prepare Suspicious Matter Reports (SMRs) where required, and support ongoing transaction monitoring and rule enhancement. The role also involves conducting enhanced due diligence reviews, partnering with internal teams on AML risk initiatives, and keeping up to date with evolving AML/CTF regulations and emerging financial crime risks.
What we’re looking for
We’re seeking someone with experience in AML, financial crime, risk, or compliance within banking or financial services, with a strong understanding of AML/CTF legislation and regulatory expectations.
You’ll have excellent analytical and investigative skills, with the ability to assess complex information and make sound risk-based decisions. Strong attention to detail, excellent written and verbal communication skills, and the ability to manage competing priorities are essential.
Experience with transaction monitoring systems, member onboarding reviews, or suspicious matter investigations will be highly regarded. Most importantly, we’re looking for someone who is curious, solutions-focused, and passionate about financial crime prevention.
Why join us
We know people do their best work when they feel supported, trusted, and connected to purpose.
At Police Bank, you’ll find:
- Meaningful work – what you do directly supports our members and community
- Real impact – your ideas and contributions won’t get lost in layers
- Trusted environment – we value outcomes over hierarchy
- Flexibility – we support balance in how you work
- Growth – opportunities to develop, stretch, and progress your career
What can we offer you?
💼 Work-Life Balance & Wellbeing
Enjoy flexible and hybrid working options, generous parental leave, and unique leave types that support your wellbeing and life circumstances. Access wellbeing programs, EAP support, and regular health initiatives.
💰 Rewards & Benefits
Benefit from competitive superannuation, salary packaging options, novated leasing, and exclusive access to financial services and employee discounts. Plus, earn through our referral program.
📚 Learning & Development
Grow your career with study support, paid study leave, professional membership reimbursement, and access to online learning resources.
🎉 Recognition & Community
Be celebrated through awards, milestone recognition, birthday perks, and volunteer leave—while contributing to a supportive and purpose-driven workplace.
What happens next?
If you’re passionate about helping people achieve their property goals and want to be part of an organisation that puts members first, we’d love to hear from you. Apply now!
No recruitment agencies please. We've got this. Thank you!
Police Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, religion, gender identity or expression, sexual orientation, age, marital or disability status. This role is open to Australian and New Zealand Citizens and permanent residents only.
