Organization:
At CommBank, we never lose sight of the role we play in other people’s financial wellbeing. Our focus is to help people and businesses move forward to progress. To make the right financial decisions and achieve their dreams, targets and aspirations. Regardless of where you work within our organisation, your initiative, talent, ideas and energy all contribute to the impact that we can make with our work. Together we can achieve great things.
Job Title: Operational Risk Analyst – Model Risk Management
Location: Bangalore, Manyata Tech Park
Business and Team:
Model Risk & Validation provides independent Line 2 assurance and oversight of models and AI use cases across the Group, operating in line with internal policies, regulatory guidance, and industry best practices.
Impact and Contribution:
You will support enterprise-wide model risk reporting, governance forums, and regulatory engagements, contributing to the effective oversight of models across the Group.
Roles & Responsibilities:
Support model portfolio reporting and regulatory submissions.
Assist in maintaining model risk dashboards and management information.
Support development and compliance of model risk policies and standards.
Track operational risks, controls, issues, and remediation actions.
Provide governance and committee support including documentation and minutes.
Support reporting automation and continuous improvement initiatives.
Essential Skills:
2–4 years of experience in operational risk, governance, analytics, or regulatory reporting.
Conceptual understanding of models and model risk management (working experience not mandatory).
Exposure to regulatory reporting, audits, or risk committee support.
Experience with Tableau, Power BI, or similar visualization tools preferred.
Working knowledge of SQL or an equivalent programming/coding language preferred.
Strong critical thinking, communication, and learning agility.
Core Competencies
Strong critical thinking and problem-solving mindset.
Ability to synthesize information and identify risks, gaps, and trends.
Clear written and verbal communication skills.
Flexibility and willingness to learn different aspects of model risk management and governance.
Strong attention to detail and ability to manage multiple tasks.
Education Qualifications:
MBA (Finance, Risk Management, Analytics, or related specialization) OR
B. Tech / B.E. in Engineering, Technology, Mathematics, Statistics, or a related quantitative discipline.
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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