Controls Testing & QA Specialist (AML/CTF) - AUSTRAC

📋 Description

• Design and execute periodic controls testing across AML/CTF workflows aligned to AUSTRAC obligations and risk priorities.
• Maintain and enhance the testing methodology (scope, sampling, evidence standards, pass/fail criteria, remediation tracking).
• Conduct testing using defined scripts and develop scripts for gaps; evaluate design vs operating effectiveness and document results.
• Perform thematic reviews and emerging risk testing (new products, policy updates, AUSTRAC guidance).
• QA across onboarding/KYC, ongoing due diligence, PEP/sanctions screening, transaction monitoring, investigations, and record-keeping; ensure regulatory reporting controls and timely submissions.
• Draft MI dashboards and governance reporting; communicate outcomes and remediation recommendations to Compliance, Operations, Product, and stakeholders.