AML & Sanctions Analyst

About the Role

Join Kiwibank's Customer Verification - AML & Sanctions Team as an experienced financial crime analyst, where you'll expand your expertise in anti-money laundering (AML), combating financing of terrorism (CFT), transaction monitoring, sanctions screening, and investigations linked to financial crimes.

Key Responsibilities

• Analyze alerts triggered by transaction monitoring systems to identify suspicious activities and document clear reasoning for decision outcomes.
• Prepare and submit Suspicious Activity Reports (SARs), including recommendations for further action.
• Evaluate international payments for potential sanctions hits and act accordingly to ensure compliance.
• Collaborate with the team to meet service-level agreements (SLAs) that guarantee adherence to AML/CFT and sanctions laws.
• Establish and maintain effective relationships with internal departments and external agencies such as the New Zealand Police Financial Intelligence Unit.

Candidate Profile and Required Skills

• Practical experience in AML/CFT, sanctions compliance, financial crime detection, or transaction monitoring within banking or financial services sectors.
• Strong understanding of AML/CFT and sanctions regulations along with common financial crime patterns.
• Proficiency in drafting Suspicious Activity Reports and conducting thorough investigations.
• Exceptional attention to detail paired with strong analytical, research, and written communication skills.
• Capability to interpret legislative mandates and apply them effectively in business processes.
• A proactive approach to continuous improvement with involvement in enhancing processes.
• Excellent interpersonal skills with confidence working across various stakeholders.

Additional Information

You do not need to meet every qualification listed to be considered for this role. Kiwibank welcomes applicants who align with their core values (Ngā Kauwaka) and who flourish in a diverse and inclusive workplace. The opportunity is based in Lower Hutt or Hastings, featuring hybrid working arrangements. Benefits include staff banking advantages and discounts on everyday products.

Application Details

Applications are open until Friday, 31 July, with ongoing resume reviews throughout the advertising period. The position may be closed earlier if filled.

Why Work at Kiwibank

At Kiwibank, you will have the support to enhance your skills and career potential. We value flexibility, professional growth, and meaningful challenges in a supportive and ambitious environment where you can truly belong and thrive.