How do I become a financial crime analyst
Get qualified to work as a financial crime analyst with a course recognised across Australia. Speak to a training provider to learn more.
Related career opportunities
Browse occupations related to Financial Crime Analyst.
Common questions
The weekly salary for a Financial Crime Analyst in Australia typically ranges from $1,308 to $2,385. Increase your earning capacity by obtaining specialist qualifications in criminology, law, or forensic accounting.
Courses.com.au Team
There are no clear employment figures for Financial Crime Analysts working in Australia right now. They are employed by corporate organisations, non-profits and government agencies across all industries — especially in the banking and financial services sector. Many Financial Crime Analysts aspire to work for the Australian Transaction Reports and Analysis Centre (AUSTRAC), which is the Australian government’s financial intelligence agency.
Courses.com.au Team
You can launch your career as a Financial Crime Analyst in Australia with a Bachelor of Criminology and a Graduate Certificate in Fraud and Financial Crime. Alternately, if you have a background in business banking, information technology, law, or accounting, the Master of Fraud and Financial Crime or Master of Forensic Accounting and Financial Crime are great choices.
Source: Australian Government Labour Market Insights 2023
Courses.com.au Team
Further reading
What is the Role of a Business Analyst?
14th October 2022
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10th November 2023Financial Crime Analyst careers
Financial Crime Analysts are corporate professionals who detect, investigate, and disrupt financial crimes such as money laundering, tax evasion, terrorism financing, welfare fraud, banking scams, identity theft, embezzlement, corruption, and more. They develop and implement operating procedures, ICT tracking, and other internal controls to identify and flag irregular transactions and suspicious financial behaviour for investigation.
As a Financial Crime Analyst you could be developing operating procedures in collaboration with the compliance department, compiling supporting data (including financial transaction logs) during a business banking customer review, meeting with personnel from AUSTRAC (Australian Transaction Reports and Analysis Centre) to discuss information sharing, assisting the risk management team with a financial risk management review, or checking the backups to ensure the integrity of the organisation’s financial records.
Financial Crime Analysts spend their workdays analysing data, developing internal controls, and writing reports and recommendations that may be used as the basis for legal proceedings. To succeed you will need keen attention-to-detail and an unwavering commitment to accuracy and data integrity.
