MLRO - Payments / Crypto - Remote/ Melbourne

MLRO, Australia:

OSL are seeking a highly experienced Money Laundering Reporting Officer (MLRO) in Melbourne to lead and strengthen our financial crime compliance framework as the business expands its regulated activities across payments, digital assets, structured products, yield products, and security products under the Australian licence.

This role is responsible for overseeing AML/CTF governance, regulatory engagement, and financial crime risk management across the Australian business, ensuring the company operates efficiently, compliantly, and in line with both local regulatory expectations and global standards.

The position will play a critical role in supporting business expansion and regulatory readiness in Australia, with a strong focus on AML governance, regulatory engagement, transaction monitoring oversight, and scalable compliance infrastructure. The ideal candidate will bring deep expertise in payments or crypto, combined with strong regulatory management capability and experience working directly with ASIC and AUSTRAC.

Key Responsibilities

• Act as the designated MLRO for the Australian regulated entity, overseeing all AML/CTF obligations and financial crime controls
• Lead and enhance the Australian AML/CTF compliance framework, ensuring alignment with regulatory requirements and global compliance standards
• Partner closely with the Chief Compliance Officer and senior leadership team to support strategic growth initiatives and regulatory expansion
• Provide regulatory oversight and compliance guidance across payments, structured products, yield products, security products, and other regulated business lines
• Maintain strong working relationships with ASIC, AUSTRAC, and relevant regulatory stakeholders, ensuring timely and effective regulatory engagement
• Manage suspicious matter reporting, transaction monitoring oversight, sanctions controls, customer risk assessments, and ongoing AML governance processes
• Drive the development, implementation, and continuous enhancement of AML policies, procedures, systems, and controls
• Support licensing applications, regulatory reviews, audits, and remediation programmes from a financial crime compliance perspective
• Conduct enterprise-wide AML/CTF risk assessments and provide actionable recommendations to mitigate financial crime risks
• Collaborate closely with Legal, Risk, Operations, Product, and Engineering teams to ensure compliant implementation of new products and services
• Provide leadership, mentorship, and operational support to the existing compliance and MLRO function as the business scales
• Monitor regulatory developments and advise the business on emerging financial crime risks, regulatory changes, and industry best practices
• Drive a pragmatic and commercially focused compliance culture while maintaining strong regulatory standards
• Support the design and implementation of scalable compliance infrastructure suitable for a fast-growing global payments and digital assets business

Requirements

• 8–10+ years of leadership-level experience in AML/CTF, financial crime compliance, or regulatory compliance within a payments or crypto services industry
• Mandatory experience within the payments industry; crypto or digital asset experience is highly preferred
• Strong experience operating in regulated financial environments in Australia
• Proven experience serving as an MLRO or senior financial crime compliance leader within a regulated entity
• Deep understanding of Australian AML/CTF regulations, financial crime frameworks, and regulatory expectations
• Strong working relationships with ASIC and AUSTRAC, with demonstrated ability to manage regulatory matters efficiently and pragmatically
• Experience overseeing transaction monitoring, sanctions compliance, suspicious matter reporting, and financial crime investigations
• Familiarity with complex or institutional financial products, including structured products, securities, or yield-related offerings, is advantageous
• Strong commercial mindset with the ability to balance regulatory compliance, operational efficiency, and business growth
• Excellent stakeholder management skills, with the ability to influence senior leadership and external regulators
• Ability to operate in a fast-paced, high-growth environment with evolving regulatory requirements
• Strong analytical, problem-solving, and decision-making capabilities
• Australian resident status is mandatory
• Remote job possibility for the right profile with flexibility to travel