Business System Owner

3 days ago


Sydney, Australia Commonwealth Bank of Australia Full time

Business System Owner

**Your Business**

Group Operations is the engine room of the CBA Group dedicated to running, improving, and transforming the processes that deliver products, services and productivity benefits to the CBA Group's customers. Our Financial Crime Services (FCS) are accountable for leading a complex and diverse shared services for Financial Crime Operations across CBA domestically and internation
- ally.

**Your Team & Purpose**

The Business Systems Owner team is dedicated to supporting Financial Crime Services. We work across multiple Business Units, spanning global locations and various financial crime disciplines including Anti-money laundering/Transaction Monitoring, Payments Sanctions Screening, Customer Sanctions Screening, Pep Screening, Enhanced Customer Due Diligence of High-Risk customers, on-boarding, ongoing due diligence and maintenance, and Law Enforcement Agency Notices.

Our immediate team's purpose is to detect, deter, and disrupt financial crime by managing and providing access to best-in-class systems and tools for our operations staff to perform their day-to-day tasks.

**The Business Systems Owner plays a critical role in bridging technical business needs, acting as the advocate for our Financial Crime Operations systems and ensuring it evolves to meet changing requirements. This role ensures that the system supports Financial Crime Services objectives, complies with regulations, and meets user needs.**

**On any given day you will**

**Strategy & Roadmap**:

- Review and contribute to system strategy, roadmap and BAU enhancements backlog to meet business objectives.
- Contribute to COO strategy and consulted about other strategic initiatives related to particular systems.

**Collaboration & Communications**:

- Proactive collaboration with wider stakeholder groups and support business change management.
- Uplift team's capability relating to AML/CTF & Sanctions processes including training, Comms and awareness.

**Systems Management and change delivery**:

- Maintain an overall understanding of the business functionalities and business controls to ensure continuity of optimal system performance and business outcomes are met. (e.g. review reporting to identify issues, perform CAP testing)
- Drive and oversee the day-to-day management to maintain system relevance, reliability, & security of FCO systems.
- Partner with various technology teams to manage IT incidents and crisis management to ensure systems downtime are minimised.
- Drive and support different project initiatives (risk remediation, Continues improvements, technology changes etc.).
- Conduct business impact assessment of technical or process changes and approve change requests to FCO systems.
- Own and drive FCO system maintenance plans and continues improvements opportunities.

**Performance Monitoring and Reporting**:

- Prepare periodic reporting to share FCO's systems performance and overall status including incidents, problem records, and change delivery with stakeholders.

**Risk Management and Compliance**:

- Ownership of business-related risks, issues, incidents and problems management.
- Responsible for the mitigation of risks for the service over its full lifecycle.
- Responsible for managing and reviewing user's access.

**Supplier Management Governance**:

- Liaise with FCO's service suppliers and manage service-level agreements (SLAs) and contracts, ensuring the suppliers meets performance expectations and addressing any issues with external partners.

**We are interested in hearing from people with**:

- Financial Crime Compliance expertise within the transformation scope
- Hands on experience designing and building automation solutions to deliver transformative change
- Previous experience in system management or product management is desirable.
- Experience in Agile practices
- Experience managing resources and multiple priorities operating in an Innovation, Design and delivery environment
- Technology literate and able to identify opportunities to deliver a step change using emerging technologies.
- Strong passion and drive to innovate and lead change
- Demonstrable business and communication acumen and strong communication skills
- Service Management, Supplier Governance and Product Management or Owner experience is a plus

We're aware of some accessibility issues on this site, particularly for screen reader users. We want to make finding your dream job as easy as possible, so if you require additional support please contact HR Direct on 1800 989 696.

Advertising End Date: 06/11/2024

Job ID REQ221167



  • Sydney, Australia Commonwealth Bank Full time

    **Your Business** Group Operations is the engine room of the CBA Group dedicated to running, improving, and transforming the processes that deliver products, services and productivity benefits to the CBA Group’s customers. Our Financial Crime Services (FCS) are accountable for leading a complex and diverse shared services for Financial Crime Operations...


  • Sydney, New South Wales, Australia Challenger Limited Full time $120,000 - $180,000 per year

    Challenger Limited is an ASX-listed investment management firm managing $123.9 billion in assets (as at 30 June Life with us is fast moving and always exciting. Together we're driving to deliver our vision to provide our customers with financial security for a better retirement.We achieve this goal by providing a work environment where people from diverse...


  • Sydney, Australia Thales Full time

    We’re inventing the future, right here, right now, at Thales. We design the critical security solutions of tomorrow by combining the curiosity to explore, the intelligence to question and the vision to create. Together we solve complicated problems by combining our experience in the market with our leading research and development capabilities. A great...


  • Sydney, Australia Westpac Banking Corporation Full time

    Business Application Owner - **Permanent full-time role**: - **Hybrid Working Model - Currently 2 day in the office** **How will I help?** **Your key responsibilities include**: - Acting as the intermediary between end-users and IT to ensure the business/user requirements are delivered in IT solutions - manage and co-ordinate test lifecycles (timeline,...

  • Business Broker

    3 days ago


    Sydney, New South Wales, Australia Retail Business - Hospitality Brokers Full time $80,000 - $120,000 per year

    Join Our Team - Hospitality Business BrokerSydney|Hybrid|High-Earning PotentialWe're looking for a commercially savvy Business Consultant with hospitality business experience (ideally backed by sales or business broking background) to join Retail Business, Sydney's No.1 Hospitality Brokers.𝐖𝐡𝐚𝐭 𝐲𝐨𝐮'𝐥𝐥 𝐝𝐨:* Appraise, market &...

  • Business Broker

    4 days ago


    Sydney, New South Wales, Australia Retail Business - Hospitality Brokers Full time $80,000 - $120,000 per year

    𝐉𝐨𝐢𝐧 𝐨𝐮𝐫 𝐓𝐞𝐚𝐦 - 𝐇𝐨𝐬𝐩𝐢𝐭𝐚𝐥𝐢𝐭𝐲 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐁𝐫𝐨𝐤𝐞𝐫𝐒𝐲𝐝𝐧𝐞𝐲 | 𝐅𝐥𝐞𝐱𝐢𝐛𝐥𝐞 | 𝐇𝐢𝐠𝐡-𝐄𝐚𝐫𝐧𝐢𝐧𝐠 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥We're looking for a commercially savvy Business Consultant with...


  • Sydney, Australia Commonwealth Bank Full time

    **Do Work That Matters** CommBank is recognised as leading the industry in technology and operations with its world-class platforms and processes, agile IT infrastructure, and innovation in everything from payments to internet banking and mobile apps. Our Financial Crime Domain (FCD) provides delivery and change management support to Financial Crime...


  • Sydney, Australia YSP Business Full time

    We are seeking an enthusiastic professional to join our team as Business Development Consultant to promote training and educational products with a unique model. We are looking for a passionate, confident and driven sales representative to join our team. As a YSP team member you will be working within a network of professionals and business owners to help...

  • Service Owner

    2 weeks ago


    Sydney, Australia Cognizant Full time

    **About the job**: What makes Cognizant a unique place to work? The combination of rapid growth and an international and innovative environment! This is creating many opportunities for people like YOU — people with an entrepreneurial spirit who want to make a difference in this world. At Cognizant, together with your colleagues from all around the world,...


  • Sydney, Australia Commonwealth Bank Full time

    **Product Owner (Senior Manager), Risk System Modernisation - Consumer Finance** The purpose of this role is to lead a team of SMEs to design and implement future state Credit Risk systems for best-in-class processing and decisioning across Consumer Finance. **Your business **Retail Banking Services (RBS) is the public face of CommBank, delivering a...