Senior Audit Manager, Wholesale Credit Risk

4 weeks ago


Sydney, New South Wales, Australia Commonwealth Bank Full time
Overview

The Commonwealth Bank of Australia (Bank) is Australia\'s leading provider of integrated financial services. They are committed to continuously improving governance practices and ensuring that they are aligned with business, stakeholders and customers' needs. In Financial Services, we support the Group's strategy of building tomorrow's bank today for our customers, through a focus on three key priorities of trust, resilience and capital generation. Financial Services partner with all areas of CommBank to specialist advice, support and services in finance, audit, treasury, property, procurement, climate strategy and investor relations.

Our Group Audit and Assurance (GA&A) team is the internal audit function for the Group. Their primary purpose is to provide independent and objective assurance of the effectiveness of the Groups risk management, controls and governance processes. GA&A has increasingly embedded digital assurance into audit activities, injecting Artificial Intelligence (AI) into routine control testing and using digital tools to improve the overall experience for employees. The next phase of our transformation is enabling continuous, data driven assurance across the 3LoA.

The Wholesale Credit Risk Audit team focuses on the Credit Risks within the wholesale (IB&M and Business Banking). As a Senior Manager for Wholesale Credit Risk (WCR), you will provide objective assurance on credit risk management including segment portfolio management and work closely with the business audit teams to ensure adequate coverage. You will also liaise with Line 2 for audit delivery and business monitoring.

Responsibilities
  • Delivering a professional and highly valued audit service to the business
  • Providing objective assurance on risk management to key customers (e.g. Group Executives and their leadership teams) to secure the financial wellbeing of the Bank's customers
  • Provide commercial insights as part of high quality audit reports, which can help customers in their business
  • Your role is to support the Executive Manager in making efficient decisions on the WCR portfolio and inform them on the effectiveness and efficiency of the portfolio.
Qualifications / What we\'re looking for
  • Solid knowledge and experience in Wholesale Credit Risk management and/or Wholesale Credit Audit in major financial institution
  • Strong communication (written and verbal) and senior stakeholder engagement with the ability to present and influence senior management, and experience in internal audit and risk management (desirable)
  • Good project management and organizational skills to deliver time-bound priorities
  • Relevant internationally recognised auditing or professional accounting qualifications and / or International Credit related professional qualification; Relevant internationally recognised auditing or professional accounting qualifications and experience with SQL or Tableau preferred
Working with us / Diversity and inclusion

At CommBank, we advocate and facilitate a culture of inclusion and respect, celebrating all cultures, abilities, genders, expressions of gender and sexual orientation. Read more about our commitment to inclusion and diversity on our website. Our people bring their diverse backgrounds and unique perspectives to build a respectful, inclusive and flexible workplace. If you\'re excited about this opportunity but you don\'t meet every single requirement, or your experience doesn\'t align perfectly, we still want to encourage you to send in your application.

We're determined to make a real difference for Australia's first peoples. We encourage all interested applicants to apply. If you're already part of the Commonwealth Bank Group (including BankWest), 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.

Location: Sydney, New South Wales, Australia

Salary: A$200,000.00-A$250,000.00

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