Senior Legal Counsel, Lead Commercial Lawyer

1 week ago


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

At the Commonwealth Bank of Australia, we're looking for a seasoned Senior Legal Counsel to join our Business Banking Legal team.

This role offers a unique opportunity to provide strategic legal advice and drive commercial outcomes in financial services law.

As a Senior Legal Counsel, you'll work closely with our senior stakeholders to develop and implement legal strategies that align with our business goals.

You will be responsible for providing high-level analytical and critical legal decision-making capabilities to assist us in achieving our objectives in a safe and customer-focused manner.

We're seeking a commercially focused lawyer with strong technical skills and experience in financial services law who can contribute at senior levels.

The ideal candidate will have a proven track record of delivering complex legal projects and collaborating effectively with cross-functional teams.

Key responsibilities include:

  • Providing strategic legal advice on general banking and financial services matters
  • Advising on new product and service innovation and enhancements utilizing digital and emerging technologies
  • Assisting with regulatory matters, including breach advices and responses to regulator requests
  • Negotiating contractual terms with clients and counterparties

We're interested in hearing from candidates with:

  • Tertiary qualifications in law and 5+ years of post-admission/qualification experience
  • Strong commercial and technical legal skills, with the ability to quickly grasp and resolve complex issues
  • Excellent communication and negotiation skills, with the ability to build relationships with stakeholders
  • A thorough understanding of the commercial and regulatory environment affecting Business Banking

We offer a competitive salary package, estimated to be around AU$160,000 - AU$200,000 per annum, depending on experience. This includes a base salary plus superannuation and other benefits.

As a valued member of our team, you'll enjoy flexible working arrangements, including part-time or job share options, to support your work-life balance.


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