Operations Governance Analyst
About Netwealth
Netwealth isn't just a company. We're shaping the future of wealth in Australia. Our award-winning platform and NextGen technology empower advisers and investors to achieve more, and we're proud to be recognised as one of Australia's most innovative FinTech businesses.
Since 1999, we've grown rapidly by challenging the status quo. We move fast, think big, and stay agile. Free from unnecessary bureaucracy so we can deliver smarter solutions for our clients and create real impact.
But what truly sets us apart? Our people. We're a team of curious, optimistic and courageous individuals who collaborate to make life better for more Australians. We value authenticity, and agility, and we believe in creating an environment where you can do your best work, grow your career, and feel part of something meaningful.
If you're looking for a place where your ideas matter, where innovation is celebrated, and where you can help shape a brighter financial future, join us at Netwealth.
The opportunity
Due to team growth we are looking for x2 Analyst to join our team!
As a key member of the Service, Administration & Support Administration team, the Operations Governance Analyst is responsible for supporting the Head of Operations Governance and providing support relating to daily functions of the Operational Governance Division.
This role is primarily focused on carrying out the tasks relating to transaction monitoring, reporting and due diligence as specified within Netwealth’s AML-CTF Program. In addition, the incumbent will work on projects and deliverables relating to Netwealth’s compliance with legislative and business requirements, including AML-CTF, KYC, fraud, privacy, incident management and remediation within Protecht as well as implementation of SAS strategic goals.
Responsibilities include:
Benchmarking case maintenance and identify areas for efficiency and process improvement.
Assess transaction patterns and identify potential issues indicating suspicious activity and investigate complex transactions and customer relationships to determine potential money laundering risks.
Conduct detailed investigations by reviewing customer documentation, transaction history and other relevant data sources.
Review and analyse daily transaction alerts generated by the internal transaction monitoring system.
Assist in developing and implementing new transaction monitoring rules based on emerging typologies and regulatory updates.
Ensure timely lodgement of all compliance issues and incidents relating to fraud, privacy and processes.
Interact and facilitate key relationships with internal stakeholders to ensure the SAS Operational Governance Division interacts effectively with other departments within Netwealth, such as Sales, Investment Operations, Product, IT and Risk & Compliance.
About you:
You have 5+ years of experience in risk/compliance, administration, project implementation, or a related role within the financial services sector.
Relevant experience in compliance or financial crime investigation is preferred.
You have sound knowledge of financial regulations and compliance requirements.
You have a solid understanding of AML-CTF regulations.
You have demonstrated experience with transaction monitoring systems and data analysis tools.
Life At Netwealth
At Netwealth, we believe a fulfilling career is built on growth, balance, and belonging. Our people are our greatest strength, and we’re committed to supporting you at every stage of life because when you thrive, so do we.
We're proud to be recognised as one of Australia's top 5 companies for Career Development (endorsed by WORK180). From further education and diverse training opportunities to strong support for internal mobility. Your career can grow here.
Our flexible hybrid model supports balance, with just 4 days in the office each fortnight. When you’re in, you’ll enjoy working from one of our modern, thoughtfully designed spaces across Australia – including our state-of-the-art Melbourne CBD office. All locations feature contemporary facilities to make your day comfortable, and in Melbourne, you’ll also enjoy perks like end-of-trip amenities and daily breakfast to make your commute easier.
We offer benefits designed for your wellbeing and personal development, including;
Family-friendly support: Paid parental leave and a fully funded school holiday program
Wellness perks: CU Health (virtual healthcare), income protection, flu shots, wellness weeks, retail discounts and financial wellbeing services
A vibrant culture: social events, trivia nights, and corporate sports
Employee Resource Groups: LGBTQIA+, DAWN (Development and Accelerating Women at Netwealth), Culture Group and Carers Group
Community Impact: Paid volunteering and our Netwealth Impact Group
We're proud of our inclusive and diverse workforce and encourage everyone to bring their genuine selves to work. It's one of our core values. We're committed to equity and inclusion through our gender equality, disability, LGBTQIA+, wellbeing and cultural initiatives. And we're certified by WORK180, Family Friendly Workplaces and Great Places to Work.
If you're excited by the opportunity but don't meet every requirements, we still encourage you to apply. Research shows people often hesitate unless they tick every box. We value potential and passion just as much.
Need adjustments during the recruitment process? Contact us at people@netwealth.com.au
Apply now and help us shape a brighter financial future!