Risk Management Specialist

2 months ago

Lindfield, New South Wales, Australia Commonwealth Bank Full time
About the Role

We are seeking a highly skilled Risk Management Specialist to join our Business Banking team. As a key member of our team, you will be responsible for supporting the completion of supplier risk and governance activities, improving the supplier governance control environment, and ensuring compliance with the Supplier Lifecycle Framework.

Key Responsibilities

  • Support business owners with risk advice on various supplier risk assessments as part of supplier governance obligations.
  • Identify, initiate, and manage actions to mitigate risks and improve processes, including the completion of risk buy-down activities.
  • Manage data quality and maintain various databases, synthesizing information to produce regular reporting and insights.
  • Work closely with the wider Group's procurement community of stakeholders to ensure relevant supplier and risk management frameworks.

Requirements

  • Experience or exposure to procurement, supplier management, governance, and/or operational risk management.
  • Strong written and verbal communication skills.
  • Ability to think critically and analytically, using data-driven insights to solve problems.
  • Understanding of risk mitigation strategies and the ability to assess the risk introduced through outsourcing/introduction of new suppliers.
  • People leadership skills, including coaching and guiding others.

About Us

The Commonwealth Bank is a leading financial institution committed to delivering exceptional customer experiences. We are passionate about creating a workplace that is inclusive, diverse, and supportive of our employees' growth and development.

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