Senior Regulatory Compliance Specialist

2 weeks ago

Sydney, New South Wales, Australia beBeeRegulatory Full time $140,000 - $170,000
Regulatory Change Manager

The Group Regulatory Change & Advocacy Chapter is responsible for influencing advocacy outcomes and facilitating regulatory change implementation across the Commonwealth Bank (CBA) Group to ensure we have appropriate compliance arrangements in place to safeguard our customers and preserve public trust.

This role involves gaining a detailed understanding of the regulatory change, preparing a detailed assessment including an interpretation of the new or amended requirements, determining the impact of the changes on CBA, and supporting identification and appointment of the Regulatory Change Sponsor.

Main Responsibilities:

  • Monitoring the pipeline for early identification of regulatory reforms and tracking actions.
  • Providing group-wide guidance on the implementation of regulatory changes.
  • Preparing regulatory change artefacts, including the Regulatory Change Analysis Report.
  • Obligations drafting and recording data in the group's obligations register.
  • Communicating regulatory change requirements and timeframes to impacted stakeholders.
  • Providing inputs to various regulatory change reports for senior management.

We are interested in hearing from people who have:

  • A strong operational risk management experience in the banking or financial services industry.
  • Technical knowledge of complex legislation and the ability to transform it into simple language.
  • Analytical skills with the ability to compile and prepare reports for senior management and stakeholders.
  • Excellent communication and stakeholder management skills.
  • A team-focused approach with a strong commitment to delivering customer satisfaction.

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