Opportunity to join Line 1 Non-Financial Risk & Conduct (NFRC) within Institutional Banking & Markets (IB&M)
Permanent, full-time role
Sydney CBD-based
See yourself in our team:
Join a purpose-driven Line 1 NFRC team supporting IB&M, including Global Institutional Banking Coverage (GIBC) and Global Economic & Markets Research (GEMR).
This role reports to the Director, Risk & Control Advisory.
Do work that matters:
IB&M manages CommBank’s relationships with major corporate and government clients and institutional investors. Our purpose is to build Australia’s future economy and to be Australia’s leading corporate and institutional banking franchise.
GIBC leads banking relationship management and provides risk management and capital solutions to clients across the financing spectrum to support their strategic objectives.
GEMR provides clients with regular, real-time research and insights enriched by CommBank’s internally generated data, which highlight changes in the economy across income, savings, expenditure and lending.
Within the Line 1 NFRC team, you will partner with GIBC and GEMR to identify, assess and effectively manage risks, ensuring the business operates within IB&M’s risk appetite.
Key responsibilities:
Identify, triage and manage non-financial risks, issues and incidents. Lead root cause analysis, define and prioritise remediation and monitor closure.
Identify changes in the internal and external risk landscape that may impact the business.
Lead the Risk & Control Self-Assessment (RCSA) process, including key control identification, control efficacy assessments and control improvement plans.
Design, implement and test effective controls for new and changing business processes.
Prepare and deliver high-quality, concise risk reporting and governance packs for forums and senior stakeholders, including escalations where appropriate.
Collaborate with Line 2 (independent risk), Line 3 (assurance), Legal, Compliance, Technology and Data teams to ensure robust risk outcomes and validate remediation.
Champion and embed Group risk frameworks across IB&M and promote continuous improvement to uplift risk capability across the business.
What we’re looking for:
Minimum 3-5 years’ experience in a non-financial risk role within financial services.
Proven track record in governance, control design, risk assessments and remediation.
Excellent written and verbal communication, with experience preparing executive reports and governance packs.
Strong stakeholder management and influencing skills, with the ability to engage senior stakeholders and business partners (such as Technology, Data, Legal, and Compliance).
Commercial mindset, with the ability to balance business objectives and robust risk management.
Technical proficiency with Excel and data visualisation tools such as Power BI and Tableau is highly valued.
Chartered Accountant (CA) or relevant risk certification (e.g. ORX, IRM) and a tertiary qualification in finance, commerce, risk or a related discipline - or an equivalent combination of experience and qualifications.
If this sounds like the role for you then we would love to hear from you. Apply today!
If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.
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