Jessica Smith

Director – Risk Consulting

Jessica is a senior risk and compliance professional with over 15 years of AML/CTF experience spanning a variety of institutions including banks, investment funds, international payments companies, money remitters, corporate bookmakers and cryptocurrency exchanges. 

Jessica is an innovative and trusted risk professional who is passionate about helping businesses navigate complex regulatory changes. She possesses deep knowledge and experience in risk, legal, governance and compliance across the full spectrum of financial services.

As a qualified lawyer and compliance professional, Jessica combines her personable nature with her extensive financial services background to provide innovative, strategic, commercial and pragmatic solutions for clients.

Jessica regularly contributes to regulatory reform. Most recently, she drafted submissions, attended roundtables with Treasury and regulators as well as engaged with industry bodies on changes to the Australian AML/CTF regime and payments reforms.

Experience

• Assisting clients with AUSTRAC and ASIC regulatory investigations, disputes, enforcement matters and remediation programs.
• ML/TF risk assessments: supporting businesses to plan and conduct a comprehensive risk assessment to determine risk management measures required.
• AML/CTF compliance policies and frameworks: assisting clients with the design of tailored AML/CTF Programs based on ML/TF risks identified from a risk assessment, and the systems and controls to identify, mitigate and manage those risks.
• AML/CTF independent review: providing a comprehensive independent review to close any potential compliance gaps and develop a plan to sustain or improve the control environment.
• AML/CTF advisory services: providing bespoke advisory services to clients on complex areas of AML/CTF compliance, as well as tailored advice to support regulator engagement.
• Board and senior stakeholder advisory: guiding executive teams on regulator governance and reporting clarity.