Compliance - Expression of Interest

2 weeks ago


Sydney, New South Wales, Australia Commonwealth Bank Full time

Express your Interest in joining Commonwealth Bank's Compliance team.


Given CommBanks commitment to building a simpler, better bank, we are seeking expressions of interest from a number of levels including Senior Analyst, Manager, Senior Manager, Executive Manager and Head of.


Do work that matters:


Risk Management (RM) is responsible for developing and communicating CBA's risk management frameworks to allow CBA to take conscious exposures to credit, market, operational, compliance and insurance risks within the approved risk appetite.


RM has policy teams that specialise in the different risk types as well as business unit risk teams to provide oversight.

These areas collaborate with each other and specific areas within CBA to implement the Risk Management frameworks.

See yourself in the team:


As Compliance Professional at CBA, you will be responsible for providing oversight to ensure business activities, transactions and processes are conducted in accordance with the Compliance Management Framework, and that the Compliance Management Framework is effectively implemented within the support functions.


Your day could look like but not limited to:

  • Contributing to the design, implementation and on-going improvement of processes and procedures.
  • Understanding the regulatory environment and analysing and performing assessments on the impact of proposed, new and amended laws, regulations and industry codes.
  • Identifying legal and regulatory compliance obligations for the support functions, and reviewing the adequacy of controls and level of compliance with these obligations.
  • Evaluating, assessing and advising on compliance issues and incidents, and working with compliance teams or other business areas on crossBusiness Unit compliance matters;
  • Reporting on compliance exposures for the support functions, specifically in the preparation of reporting for Non-Financial Risk Committees or other compliance reporting as needed.
  • Assisting in the planning, coordination and performance of compliance monitoring to agreed schedules.
  • Contributing to ensuring the Compliance Risk Management Framework is implemented and operating effectively, including supporting the assessment of compliance risks.
  • Developing and providing compliance training to Line 1 risk on key compliance processes and obligations as required.
  • Advising Line 1 teams on a range of compliance matters.
  • Building strong working relationships with the respective business unit, Line 1 risk and business stakeholders.
We work in an outcomes driven environment, where the emphasis is on great team-work to achieve results. Ideally you will bring experience with knowledge of risk and compliance, gained within financial services. You will also be able to demonstrate strong stakeholder management.

We're interested in hearing from people who have:

  • Compliance/Legal/Privacy knowledge and experience within the financial services sector.
  • Sound knowledge of Compliance risk management frameworks, tools and techniques.
  • A demonstrated selfstarter with the ability to adapt to changing business requirements.
  • Demonstrated experience in compliance monitoring/assurance activities.
  • Ability to influence and communicate effectively with stakeholders.
  • Teamwork focus with excellence in driving results and delivering customer satisfaction.

Working at CommBank


At CommBank, we support our people with the flexibility to balance where work is done with at least half their time each month connecting in office.

We also have many other flexible working options available including changing start and finish times, part-time arrangements and job share to name a few.

Talk to us about how these arrangements might work in the role you're interested in.

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Advertising End Date: 19/11/2023

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