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Senior Manager, Licensing Governance and Compliance

2 months ago


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

We are seeking a highly experienced Senior Manager to lead our Licensing Centre of Excellence at Commonwealth Bank. As a key member of our Compliance team, you will be responsible for managing the Group's financial services and credit licenses, regulated roles, and Prudential Standard compliance.

Key Responsibilities
  • Manage the Group's ASIC Licence Management and APRA Prudential Governance Frameworks, including maintaining CBA's Australian Financial Services Licence (AFSL) and Australian Credit Licence (ACL) requirements.
  • Facilitate Fit and Proper compliance requirements, including Responsible Person role assessments, fit and proper assessments, and control testing.
  • Manage the Group's annual APS 310 requirements.
  • Prepare Board and Committee reporting for Licensing and Prudential Standards.
  • Engage with a broad range of stakeholders, including senior management, Business Unit and Support Unit Compliance teams, Prudential Standard Owners, and internal/external auditors.
  • Identify and deliver on opportunities to optimise, simplify, and streamline licensing and Prudential governance processes.
Requirements
  • Strong experience with financial services legislation, either as a compliance or legal professional.
  • Excellent judgement capability and an ability to make sound decisions in a timely manner using a variety of information.
  • Strong experience with managing senior and a variety of other stakeholders.
  • Excellent written and verbal communication skills.
  • Experience in analysing and interpreting data.
About Us

At Commonwealth Bank, 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.