Risk and Controls Senior Manager

11 hours ago


Lindfield, New South Wales, Australia Commonwealth Bank Full time

At Commonwealth Bank, we offer a complete range of transaction, lending, and trading solutions to over 1 million small-medium enterprise customers.

We're seeking a Risk and Controls Senior Manager to collaborate closely with Product teams to help them achieve their strategic objectives.

This role involves supporting the Merchants Solution Domain in managing and overseeing risks across their product and services to deliver good customer outcomes.

You'll identify, understand, and effectively manage risks to ensure the business is operating within Group risk appetite.

This includes ensuring third party risk is appropriately mitigated by safely onboarding, managing in life, and offboarding third parties.

You'll contribute to broader BB wide supplier risk and governance initiatives as a subject matter expert.

Your key responsibilities include:

  • Cultivating a proactive risk culture through collaboration with business partners, procurement, and Line 2 teams.
  • Advising on all aspects of supplier lifecycle and governance activities including supporting business owners with risk advice on various supplier risk assessments.
  • Designing and implementing controls to enable better risk and compliance outcomes.
  • Upholding data quality in key systems providing essential support to business partners in governing, overseeing, and managing third-party risks.
  • Partnering with the business to manage risks, compliance obligations, and operations within risk appetite.

The ideal candidate will have prior experience or exposure advising and/or managing third-party arrangements.

A strong understanding of operational risk and compliance management frameworks is essential.

You'll need to be able to analyse/identify risks and recommend appropriate actions.

Effective stakeholder management skills are also required.

You'll partner with the business to understand risk as an enabler for growth and success.

The salary for this role is approximately $170,000 per year, depending on location and experience.



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