Job Description

Financial Crime Manager / Senior Manager (Deputy MLRO)

Westpac Europe GmbH (WEG) | Frankfurt, Germany

About Westpac

Westpac Group is Australia's oldest bank and company, helping customers, businesses and communities prosper for over 200 years. With operations across Australia, New Zealand, Europe, Asia, the UK and the US, Westpac Institutional Bank supports corporate, institutional and government clients through a range of banking and financial services solutions.

Westpac Europe GmbH (WEG) is Westpac's European banking subsidiary, headquartered in Frankfurt. WEG provides institutional banking services to corporate and financial institution clients throughout Europe and plays a key role in supporting Westpac's global Institutional Bank strategy.

Operating in a highly regulated environment, WEG maintains a strong focus on risk management, regulatory compliance and financial crime prevention.

How will I help?

Reporting to the Money Laundering Reporting Officer (MLRO), you will play a critical role in supporting the oversight and management of Financial Crime Risk across WEG. Acting as the Deputy MLRO and Deputy Central Office, you will help ensure the bank meets its obligations under German and European AML, Counter Terrorism Financing and sanctions regulations.

You will work closely with senior management, regulators, auditors and stakeholders across Europe and the broader Westpac Group, providing expert advice, oversight and challenge on financial crime matters while helping drive a strong risk culture throughout the organisation.

Key Accountabilities

• Support and deputise for the MLRO across all Financial Crime obligations.
• Assist in maintaining and enhancing WEG's AML, CTF, sanctions and Financial Crime framework.
• Conduct and oversee financial crime risk assessments, control testing and monitoring activities.
• Review and investigate Financial Crime alerts, escalations and suspicious activity matters.
• Support the preparation and submission of regulatory reporting where required.
• Manage relationships with regulatory authorities, auditors and internal stakeholders.
• Coordinate the remediation of audit findings, regulatory actions and control improvements.
• Oversee outsourced Financial Crime service providers and monitor performance against agreed standards.
• Support governance forums, committee reporting and management information production.
• Monitor regulatory developments and ensure policies, procedures and controls remain aligned with evolving requirements.
• Contribute to strategic Financial Crime projects, regulatory change initiatives and system enhancements.
• Deliver guidance and training to business stakeholders on Financial Crime obligations and emerging risks.

What's in it for me?

This is an excellent opportunity to join a respected international banking organisation and play a key role within WEG's Financial Crime function.

In return, you'll benefit from:

• A highly visible role with direct exposure to senior leadership and regulatory stakeholders.
• The opportunity to act as Deputy MLRO within a regulated banking environment.
• Exposure to complex international Financial Crime, AML and sanctions matters.
• A collaborative and inclusive culture that values expertise, ownership and continuous improvement.
• Career development opportunities within Westpac's global Institutional Bank network.
• Competitive remuneration and benefits package.

What we're looking for

• Significant experience in Financial Crime, AML, Compliance, Risk or a related discipline within banking or financial services.
• Strong understanding of German and European AML, CTF and sanctions regulations.
• Experience working with regulators, auditors and senior stakeholders.
• Demonstrated ability to assess risk, challenge effectively and influence business outcomes.
• Strong analytical and problem solving skills with attention to detail.
• Experience managing control frameworks, monitoring activities and remediation programmes.
• Ability to work independently while building strong relationships across multiple stakeholder groups.
• Excellent verbal and written communication skills.
• Fluent German and English language skills.
• ACAMS, ICA or similar Financial Crime qualifications would be advantageous.
• University degree in Law, Finance, Business, Risk, Compliance or a related field.

How to Apply

If you're an experienced Financial Crime professional looking to take the next step in your career and play a pivotal role in strengthening WEG's Financial Crime framework, we'd love to hear from you.

Click Apply to submit your application.