Manager Financial Crime Transaction Reporting Governance

Mō te tūranga | About the Role   

Reporting to the Senior Manager Financial Crime Compliance, you'll provide independent oversight of Westpac NZ's Financial Crime Reporting and Transaction Monitoring frameworks, ensuring robust governance, effective controls, and compliance with regulatory obligations and Group requirements. 

You'll work closely with stakeholders across Risk, Operations, Technology, Legal, Product and Compliance to drive strong financial crime outcomes while providing expert guidance and challenge on reporting, monitoring, controls, and governance. 

Key Responsibilities include:  

• Provide independent Line 2 oversight and challenge of financial crime reporting and transaction monitoring risk management practices 

• Oversee the design, effectiveness, testing, and continuous improvement of reporting and monitoring control frameworks 

• Ensure regulatory reporting obligations are met, including oversight of Suspicious Activity Reports (SARs), Prescribed Transaction Reports (PTRs), and related reporting processes 

• Review and challenge reporting decisions, governance practices, and transaction monitoring outcomes 

• Identify, escalate, and support remediation of control weaknesses, data quality issues, and systemic risks 

• Partner with Line 1, Operations, and Technology teams to strengthen systems, data integrity, and reporting processes 

• Assess financial crime reporting and monitoring impacts for new products, services, and business initiatives 

• Maintain policies, standards, and procedures in line with regulatory requirements and Group expectations 

• Monitor emerging regulatory developments, financial crime threats, and industry best practice 

• Support regulatory engagements, reviews, audits, and assurance activities 

Nā tāu rourou | What will you bring?   

• 5+ years' experience in financial crime, regulatory reporting, transaction monitoring, compliance, or risk within financial services 

• Strong understanding of AML/CFT regulatory reporting obligations, including SAR and PTR requirements 

• Experience in risk management, control design, assurance, testing, or governance frameworks 

• Knowledge of transaction monitoring processes, controls, and operating environments 

• Ability to analyse complex issues and provide practical, risk-based recommendations 

• Strong communication, stakeholder management, and influencing skills 

• Experience within a bank or large financial institution is advantageous 

• Knowledge of the New Zealand AML/CFT regime and Financial Intelligence Unit reporting expectations 

• Exposure to financial crime systems, analytics, data governance, or model governance 

• Experience supporting regulatory reviews, audits, or remediation programmes 

Westpac Hei Wāhi Mahi | Working at Westpac   

Immersing yourself in a supportive team environment, and receive some of the best banking, and lifestyle benefits in the market along with: 

• 4 weeks standard holiday + 5 additional days of wellbeing leave to support you to be your best  

• Additional purchased leave options up to 4 weeks per year 

• Banking benefits, insurance discounts and superannuation scheme  

• Career growth – we promote internal capability; we have programmes that recognise star performers 

• Generous parental leave – and top up government paid parental leave 

• School holiday subsidy - help you balance work and family during school holiday 

• 2 Volunteer days per year