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Add expected salary to your profile for insightsAbout UsAt The Mutual Bank, we are a member-owned values-driven organisation that puts people first. We are committed to our values integrity, respect and care that guide how we serve our members, support our community, and empower our team. As a member-owned bank, we pride ourselves on delivering exceptional service and safeguarding our members financial wellbeing.When you join our team you can expect: A values-led workplacecommitted to integrity, respect, and care. Permanent full-time positionwith flexible work arrangements. Genuine career progressionopportunities within a supportive environment. Excellent employee benefitsand wellbeing initiatives. Make a differencein the lives of our members and the local community.About the RoleThe AML and Fraud Manager is a second line role reporting directly to the Chief Risk Officer. This position is responsible for setting and maintaining the Banks Anti-Money Laundering (AML) and fraud risk frameworks, ensuring compliance with AUSTRAC obligations and other regulatory requirements. The role provides independent oversight, challenge, and guidance to the Financial Crimes Function in the First Line, supporting the Banks broader risk management objectives. In addition to AML responsibilities, the role is accountable for assisting the business in managing external and internal fraud risks through the development of robust frameworks, oversight, and challenge.Key ResponsibilitiesDesign and maintain the Banks AML and fraud risk frameworks in alignment with AUSTRAC and industry standards.Complete and maintain the Banks annual Money Laundering Risk Assessment, ensuring it reflects current risk exposures and regulatory expectations.Provide second line oversight and challenge to the Financial Crimes Function in the First Line, ensuring effective implementation of AML and fraud controls.Stay abreast of regulatory developments and industry trends to inform continuous improvement of the Banks financial crime risk posture.Monitor compliance with AML/CTF obligations and escalate material risks or breaches to senior management.Assist the business in managing external and internal fraud risks through frameworks, oversight, and challenge.Extensive experience in Anti-Money Laundering (AML), Counter-Terrorism Financing (CTF), and fraud risk management within a banking or financial services environment.Strong understanding of relevant regulatory frameworks such as AUSTRAC, AML/CTF Act, ASIC, and industry best practices.Expertise in conducting complex investigations into financial crime, fraud, and remediation cases, with a strong focus on data analysis and root cause identification.Familiarity with fraud detection technology and tools, such as machine learning models or transaction monitoring systems.Experience in change management or process improvement initiatives within a risk and compliance function.Professional certifications such as CAMS (Certified Anti-Money Laundering Specialist), CFE (Certified Fraud Examiner), or equivalent.Experience leading large-scale remediation programs related to compliance breaches, operational failures, or fraud incidents.Proficiency in data analytics and the ability to work with large data sets to identify trends, assess risks, and provide actionable insights.Unrestricted practising certificate and experience in contract law and financial services regulation, with a proven ability to develop commercial solutions.Possesses post-qualification legal experience within the financial services sector.Why Join Us?Be part of a values-driven organisation making an impactWork with a collaborative and supportive teamEnjoy flexible work arrangements and professional development opportunitiesApply NowIf youre ready to lead with integrity and help shape the future of financial crime prevention at The Mutual Bank, wed love to hear from you.Applications will close on 28 July 2025. For further information on this role please contact Heidi Brimble on 0419 106 755 .Applicant will be required to participate in relevant background checks.How do your skills match this job?How do your skills match this job?Sign in and update your profile to get insights.Your application will include the following questions:Which of the following statements best describes your right to work in Australia? How many years'' experience do you have as a Fraud Manager? How many years'' experience do you have in the financial services industry? What''s your expected annual base salary? How much notice are you required to give your current employer?To help fast track investigation, please include here any other relevant details that prompted you to report this job ad as fraudulent / misleading / discriminatory.Featured jobLake Macquarie City CouncilSpeers Point, Newcastle, Maitland & Hunter NSW8d agoResearching careers? Find all the information and tips you need on career advice. #J-18808-Ljbffr