Compliance Officer (AML/CTF) - (Part Time)

About Teams Squared:

We are a team augmentation company dedicated to connecting exceptional remote talent with global organizations.

Job Description:

We are seeking an experienced AML/CTF Compliance Officer to join our team in a fully remote capacity. Applicants must be currently based in Australia, as this role requires in-depth knowledge of Australian AML/CTF legislation, AUSTRAC requirements, and the local regulatory environment.

The ideal candidate will have hands-on experience implementing and maintaining AML/CTF compliance programs, conducting customer due diligence, managing regulatory reporting, and ensuring compliance with Australian Anti-Money Laundering and Counter-Terrorism Financing obligations. This role requires a detail-oriented professional with excellent analytical skills who can work independently while supporting compliance and risk management initiatives across the business.

Responsibilities:

• Monitor and maintain compliance with the Anti-Money Laundering and Counter-Terrorism Financing.

• Conduct Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), Know Your Customer (KYC), ongoing customer due diligence, and customer risk assessments.

• Perform AML/CTF risk assessments for customers, products, services, and business activities.

• Review and investigate unusual or suspicious transactions and escalate matters where appropriate.

• Prepare and submit regulatory reports to AUSTRAC, including Suspicious Matter Reports (SMRs), Threshold Transaction Reports (TTRs), and International Funds Transfer Instruction (IFTI) reports where required.

• Conduct sanctions screening, Politically Exposed Person (PEP) screening, and adverse media checks.

• Assist in developing, implementing, reviewing, and maintaining the organization's AML/CTF Program, policies, procedures, and controls.

• Conduct compliance monitoring, quality assurance reviews, and internal audits.

• Deliver AML/CTF guidance and training to internal stakeholders.

• Monitor legislative and regulatory developments and recommend updates to compliance frameworks.

• Liaise with regulators, auditors, and internal stakeholders regarding AML/CTF compliance matters.

• Maintain accurate compliance records and documentation in accordance with regulatory requirements.

Qualifications:

• Bachelor's degree in Law, Commerce, Finance, Business, Risk Management, or a related discipline.

• Minimum of 3–5 years of experience in an AML/CTF Compliance role.

• Must be currently residing in Australia with unrestricted Australian working rights.

• Demonstrated experience working within the Australian regulatory environment is required.

• Strong knowledge of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth), AUSTRAC Rules, and associated regulatory requirements.

• Experience conducting KYC, Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), sanctions screening, PEP screening, and transaction monitoring.

• Experience preparing and submitting AUSTRAC reports, including Suspicious Matter Reports (SMRs), Threshold Transaction Reports (TTRs), and International Funds Transfer Instruction (IFTI) reports.

• Strong understanding of AML/CTF risk management frameworks, compliance monitoring, and regulatory reporting.

• Excellent analytical, investigative, problem-solving, and communication skills.

• Experience using AML compliance systems and screening platforms is highly preferred.

• CAMS, ACAMS, ICA, or other AML/CTF certifications are highly desirable.

• Ability to work independently in a fully remote environment.

Benefits:

• Competitive compensation package in foreign currency.

• Fully remote work.

• Regular initiatives for training and professional development.

Note: Only candidates who make it to our shortlist will be contacted for further discussions.

Teams Squared is a proud equal opportunity employer. We value diversity and are consistently committed to creating an inclusive environment for all team members.