Katrina Smith
Brisbane,QLD
Summary
Dynamic Financial Crime Risk and Governance professional with a proven track record in second-line oversight within Corporate & Institutional Banking. Recognized as a trusted advisor to senior leaders and key stakeholders, providing independent challenge, regulatory interpretation, and enterprise-level assurance across complex portfolios. Expertise includes end-to-end governance, risk, and control uplift programs, effectively identifying control weaknesses and driving remediation efforts that withstand scrutiny from auditors and regulators. A strong commitment to enhancing control environments and fostering transparency enables organizations to manage financial crime risk while safeguarding customers and the integrity of the financial system.
Overview
18
18
years of professional experience
Work History
Manager, Financial Crime Risk Management – Corporate & Institutional Banking
NAB
05.2023 - Current
- Lead second-line financial crime governance and regulatory assurance across high-risk Corporate & Institutional Banking portfolios.
- Provide independent challenge to first line on control design, risk ownership and regulatory compliance.
- Design and execute assurance programs across Transaction Monitoring, Complex Corporate products, Customer Due Diligence, record keeping and data quality.
- Produce executive and Board-ready risk narratives for MLRO, Internal Audit and senior governance forums.
- Translate AML/CTF obligations into practical, defensible operating models across onboarding, monitoring, investigations and reporting.
- Provide guidance and advice for Fraud Policy Implementation, identifying business impacts and recommended treatment plans whilst considering emerging legislation such as the Scams and Prevention Framework.
- Drive enterprise-wide remediation of control weaknesses identified through audits, reviews and risk assessments.
Manager, FCC AML Operations
ING Bank Australia
01.2021 - 01.2023
- Led large-scale AML operations and regulatory reporting including complex investigations, TTR's and Fraud.
- Implemented control frameworks, QA and governance across transaction monitoring and investigations.
- Delivered remediation programs responding to regulatory and audit findings.
- Produced senior management reporting on compliance, risk and control effectiveness.
Team Lead, AML Detection
Bank of Queensland
01.2020 - 01.2021
- Managed detection teams, rule refinement and typology uplift.
- Created new alerts based on regulatory publications.
- Implemented financial crime workflow tools, managing regulator review and acceptance.
AML Investigations Analyst
Bank of Queensland
01.2017 - 01.2020
- Conducted investigations, AUSTRAC reporting and sanctions screening.
Treasury Operations
BOQ & Investec
01.2008 - 01.2017
- Managed SWIFT payments, nostro reconciliations and sanctions screening
- Managed payments requiring investigations due to correspondent banking escalations, formatting issues or financial crime concerns.
- Maintained an up-to-date knowledge of global economic trends affecting treasury operations for informed recommendations on potential impacts or opportunities within the organization''s financial strategy.
- Streamlined treasury operations, implementing efficient processes to improve productivity and reduce operational errors.
Skills
- Second Line Risk
- Financial Crime Advisory and Assurance
- Financial Crime Governance
- AML/CTF Compliance
- Fraud Risk Advice and Guidance
- Transaction Monitoring
- Typologies & Emerging Risks
- Process and Control Mapping
- Stakeholder Engagement
- Root Cause Analysis
- Staff Management
Core Expertise
- Second Line Risk & Assurance
- Financial Crime Governance
- AML/CTF Regulatory Compliance
- Transaction Monitoring Oversight
- Typologies & Data Quality
- Stakeholder Engagement
- Internal Audit & Remediation
Timeline
Manager, Financial Crime Risk Management – Corporate & Institutional Banking - NAB
05.2023 - Current
Manager, FCC AML Operations - ING Bank Australia
01.2021 - 01.2023
Team Lead, AML Detection - Bank of Queensland
01.2020 - 01.2021
AML Investigations Analyst - Bank of Queensland
01.2017 - 01.2020
Treasury Operations - BOQ & Investec
01.2008 - 01.2017