Risk and Controls Senior Manager

1 month ago


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

We are seeking a highly skilled Risk and Controls Senior Manager to join our team at Commonwealth Bank. As a key member of our Business Banking Line 1 Risk Chapter, you will play a critical role in ensuring the effective management and oversight of risks across our products and services.

Your primary responsibility will be to identify, understand, and effectively manage risks to ensure the business operates within our Group risk appetite. This includes collaborating with Product teams to achieve their strategic objectives, with a focus on achieving NPS +30.

Key Responsibilities
  • Cultivate a proactive risk culture through collaboration with business partners, procurement, and Line 2 teams.
  • Advise on all aspects of supplier lifecycle and governance activities, including supporting business owners with risk advice on various supplier risk assessments.
  • Design and implement controls to enable better risk and compliance outcomes, including proactively identifying opportunities to enhance the design and resiliency of business processes and controls.
  • Uphold data quality in key systems, providing essential support to business partners in governing, overseeing, and managing third-party risks.
  • Partner with the business to manage risks, compliance obligations, and operations within risk appetite, including ensuring risks are profiled and captured in the Risk Profile (RCSA) and updated when risk trigger events occur.
Requirements
  • Procurement and supplier management experience, with prior experience or exposure advising and managing third-party arrangements.
  • Risk and Compliance mindset, with sound knowledge and experience in Operational Risk and Compliance Management Frameworks.
  • Effective stakeholder management skills, with the ability to build relationships and manage a large group of stakeholders with conflicting priorities.
  • Business Acumen, with an understanding of the business and its strategic priorities.
  • Strong communication skills, with the ability to communicate effectively with stakeholders across different teams and different levels of seniority.


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