Aspire logo

Compliance Officer and MLRO Australia

Aspire

Sydney, New South Wales, AustraliaFull-timeNo compensation foundPosted 5mo agoVerified open 4 days ago

Most applications go out cold — see where you stand first. No sign-up to start.

At a glance

Compensation
No compensation found
Location
Sydney, New South Wales, Australia
Schedule
Full-time
Work Authorization
Not specified

Job overview

Aspire is hiring a Compliance Officer and MLRO Australia. Aspire is seeking a strategic Compliance Officer and MLRO for its Australian business. This role involves overseeing the established Payments business and incoming Investment business (ASIC), as well as managing the Anti-Money Laundering program for both businesses (AUSTRAC). The successful candidate will serve as the statutory AML/CTF Compliance Officer and be nominated as a Responsible Manager on Australian Financial Services License(s).

Key focus areas include Act as the primary Responsible Manager (RM) for the AFSL, Oversee "Organizational Competence" and maintain license conditions, and Manage breach reporting and serve as the designated MLRO.

Successful candidates bring Current Resident Of Australia, 7+ Years Financial Crime Experience, and Deep Understanding Of Corporations Act 2001 And AML/CTF Act 2006. Important skills include Oversight Of Payments Business, Oversight Of Investment Business, Managing Anti-Money Laundering Program, Statutory & Regulatory Leadership, Organizational Competence, and Maintain License Conditions. Preferred (not required): Dealing With Crypto-Assets, Dealing With Complex Payment Flows, and Scaling A Compliance Function.

Skills & qualifications

RequiredNice to have

Skills

Oversight of Payments BusinessOversight of Investment BusinessManaging Anti-Money Laundering ProgramStatutory & Regulatory LeadershipOrganizational CompetenceMaintain License ConditionsManage Breach ReportingMaintain AML/CTF ProgramEnsure Full Compliance With AML/CTF Act 2006Regulatory LiaisonOperational ComplianceLead Compliance Framework for New Product LaunchSign Off on Target Market DeterminationsSign Off on Product Disclosure StatementsOversee Transaction MonitoringOversee IFTI/SMR ReportingOversee Sanctions ScreeningAdvisoryPartner With Product and Sales TribesDesign Compliant Customer JourneysKYCOnboardingSuitabilityDeep Understanding of Corporations Act 2001Deep Understanding of AML/CTF Act 2006AML Program ManagementLeading Senior Stakeholders in Implementing Financial Crime InitiativesProactively Manage Financial Crime RisksStrong Grasp of Artificial Intelligence ConceptsAbility to Apply AI Tools and FrameworksDealing With Crypto-AssetsDealing With Complex Payment FlowsScaling a Compliance Function

Qualifications

Current Resident of Australia7+ Years in Financial Crime, Compliance, or Legal Within Fintech, Banking, or Wealth Management in AustraliaPrevious Experience as an MLRO/AML OfficerPrevious Experience as an AFSL Responsible Manager or Immediate Readiness to Step UpACAMS Certified or Equivalent

Full job description

About The Company

Founders today are building global companies from day one — but the systems that manage their money were built for a different era. Aspire exists to change that!

We’re building the financial operating system for global founders, bringing banking, software, and automation into a single platform so businesses can move faster across borders and stay focused on building.

Aspire is built by people who think from first principles, care deeply about solving hard problems, and take real ownership of their work. Our team brings global experience from leading fintech and technology companies, and many of us are former founders and operators who understand what it takes to build thoughtfully, make trade-offs, and deliver at scale in a global environment.

Backed by leading global investors including Y Combinator, Peak XV, and Lightspeed, Aspire has been trusted by more than 50,000 startups and growing businesses worldwide to manage their finances since 2018. Together with partners like J.P. Morgan, Visa, and Wise, we’re building for the next generation of global companies.

About The Role

We are looking for a strategic compliance leader to hold the "keys to the castle" for our Australian business. As the Compliance Officer & MLRO, you will wear two critical hats: oversight of our established Payments business and incoming Investment business (ASIC) and managing the Anti-Money Laundering program for both businesses (AUSTRAC)

You will serve as our statutory AML/CTF Compliance Officer and be nominated as a Responsible Manager (RM) on our Australian Financial Services License(s) (AFSL). This is not just an advisory role; it is a decision-making role responsible for protecting our license to operate while enabling our product expansion.

Key Responsabilities

  • Statutory & Regulatory Leadership (The Licenses)

ASIC : Act as the primary Responsible Manager (RM) for our AFSL. oversee "Organizational Competence," maintain license conditions, and manage breach reporting.

AUSTRAC: Serve as the designated MLRO. Maintain and maintain the AML/CTF Program, ensuring full compliance with the AML/CTF Act 2006.

Regulatory Liaison: Act as the primary contact point for ASIC, AUSTRAC, and external auditors.

  • Operational Compliance (The Product)

New Product Launch: Lead the compliance framework for the launch of our Payments and Investment products, including signing off on Target Market Determinations (TMDs) and Product Disclosure Statements (PDS).

Financial Crime Operations: Oversee transaction monitoring, IFTI/SMR reporting, and sanctions screening.

Advisory: Partner with the Product and Sales tribes to design compliant customer journeys (KYC, Onboarding, Suitability) that convert well without compromising the law.

Minimum Qualifications

Residency: You must be a current resident of Australia

Experience: 7+ years in Financial Crime, Compliance, or Legal within Fintech, Banking, or Wealth Management in Australia.

Regulatory Knowledge: Deep understanding of the Corporations Act 2001 and the AML/CTF Act 2006 Including the amendments.

Statutory Experience: Previous experience as an MLRO/AML Officer is required. Previous experience as an AFSL Responsible Manager (or immediate readiness to step up) is highly preferred.

AML Program management: Experience leading senior stakeholders in implementing financial crime initiatives, including Tranche 2 reforms, and proactively manage financial crime risks.

Has a strong grasp of artificial intelligence concepts and the ability to apply AI tools and frameworks to solve real world problems at Aspire

Preferred Qualifications

Experience dealing with crypto-assets or complex payment flows.

Experience scaling a compliance function from "start-up" to "scale-up."

ACAMS certified or equivalent

By submitting this application, I confirm that all the information given by me in this application for employment and any additional documents attached hereto are true to the best of my knowledge and that I have not wilfully suppressed any material fact. I confirm I have disclosed if applicable any previous employment with Aspire. I accept that if any of the information given by me in this application is in any way false or incorrect, my application may be rejected, any offer of employment may be withdrawn or my employment with Aspire may be terminated summarily or I may be dismissed. By submitting this application, I agree that my personal data will be processed in accordance with Aspire's Candidate Privacy Notice

You've read the whole posting — now see how you match it.