Senior Audit Professional

Senior Audit Manager, Market Risk

The Commonwealth Bank of Australia 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.

Key Responsibilities:

• To provide independent and objective assurance of the effectiveness of the Groups risk management, controls and governance processes.
• Deliver assigned scope areas of the audit from Planning, Fieldwork, Reporting, and through to audit closure including administration of key audit stage-gates in the audit workflow system.
• Interview customers & conduct process walkthroughs to understand and risk assess the business' risk and control environment.
• Draft issues and agree factual accuracy and ratings with the Executive Manager and stakeholders; and prepare simple, meaningful and easy to read audit reports and issue logs.
• Supervise, coach and support development of more junior team members working on audits where you are the Team Leader.
• Assist your Executive Manager in building a dynamic, risk-based Audit Plan to appropriately capture key and emerging risks.
• Solve problems by applying innovative thinking and actively participate in processes to capture and act on innovation ideas, which improve the way we work.
• Create and develop independent and objective relationships within GA&A, the bank and externally to enable effective knowledge sharing and collaboration.

Requirements:

• 8+ years relevant experience in risk management (Line 1 or 2) or audit.

• Tertiary Qualifications – hold a tertiary qualification. Bachelor's degree in Commerce, Actuarial Studies, Finance, Business, Engineering or equivalent practical experience and/or internationally recognised audit qualification.

• Risk modelling and / or validation experience covering traded and / or non-traded market risk models used for Interest Rate Risk in the Banking Book (APS 117), Market Risk (APS 116), Operational Risk and / or Credit Risk.

• Internal audit experience at an authorised deposit-taking institutions (ADIs) or other financial services firm.

Benefits:

Whether you're passionate about customer service, driven by data, or called by creativity, a career here is for you. At CommBank, we advocate and facilitate a culture of inclusion and respect, celebrating all cultures, abilities, genders, expressions of gender and sexual orientation. Our people bring their diverse backgrounds and unique perspectives to build a respectful, inclusive and flexible workplace. We are working hard to recruit people who represent the diversity of our customers and our society. 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. You may just be the perfect candidate for this opportunity or another within CommBank.

At CommBank we will inspire you with work that makes a difference, surround you with talented people that respect and value each other, and empower you to grow professionally and personally. Most of all, making a positive impact for customers, communities and each other is part of our every day. We're determined to make a real difference for Australia's first peoples. We encourage all interested applicants to apply.