ESG Risk and Strategy Senior Manager

2 weeks ago


Sydney, New South Wales, Australia Commonwealth Bank of Australia Full time
Environmental and Social Risk Management Role

The Commonwealth Bank of Australia is seeking a Senior Manager ESG Risk and Strategy to play a key part in shaping and driving the Environmental and Social (E&S) considerations into the financial risk assessment process. This role is part of the larger Credit Strategy and Analytics team responsible for Business Banking Credit Policies and Credit Strategies for all Business Bank (BB) products within Risk Management.

As a Senior Manager ESG Risk and Strategy, you will be accountable for providing E&S expertise in line with best practice and industry leading frameworks, taxonomies and methodologies for establishing credit settings that will help Business Bank appropriately manage risk. You will partner closely with the Line 1 business partners and Group E&S teams to drive the implementation of E&S strategy with respect to the Business Bank lending portfolio.

Key responsibilities of this role include:

  • Project managing key initiatives aligned to E&S strategy and targets
  • Developing effective business partnering relationships with key stakeholders, including an ability to influence sound decision making which adequately considers risk and customer outcomes
  • Reviewing and helping enhance tools and processes used to identify, assess, and monitor E&S risks by leveraging the latest industry insights and widely used frameworks
  • Participating in the development and enhancement of existing risk strategies to support climate resilience of the business and its customers
  • Representing Business Bank Risk Management to provide input and guidance into Group wide ESG ambition, strategies, risk policies, frameworks, taxonomies, methodologies


Qualifications for this role include a Bachelor degree in business, commerce, economics, science, environmental science, engineering or similar fields, and strong Banking/Financial Services experience within Business Banking and/or Credit Risk. Environmental and Social Risk Management is desirable with an understanding of current frameworks and guidance on E&S obligations, risks and opportunities. You must also have strong analytical, presentation and communication skills and ability to interact at the executive management level, including ability to explain complex concepts in simple language. A proven ability to build effective relationships with a record of accomplishment in collaborating, influencing and driving outcomes with key stakeholders is also required. This role requires strong project management skills with ability to execute to deadlines.

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