Associate Director Regulatory Risk

**Associate Director, Regulatory Risk**

**Do work that matters**:
The IB&M Non-Financial Risk and Conduct team (IB&M Chief Controls Office) is a central, Line 1 team of risk professionals supporting IB&M to achieve better risk outcomes.

The team supports IB&M businesses across Australia, Asia, Europe and North America, manage non-financial risks, comply with regulatory obligations, and embed a customer centric and market integrity approach to activities. This includes the identification and assessment of key risks that could impact the way in which IB&M achieves its objectives.

**See yourself in our team**:
**Your responsibilities**:
**Privacy SME for Regulatory Management & Engagement NFR&C function**:

- Providing trusted and timely privacy and records management SME advisory and support in relation to Australian regulatory and Group requirements
- Working with Line 2, support IB&M global locations to meet and implement Group requirements.
- Discharge Line 1 Privacy accountabilities under the CBA Group privacy framework
- Develop and maintain excellent and constructive working relationships with all relevant CBA Group and IB&M stakeholder groups and functions (Group Privacy, Line 1 Risk, Operations, Technology, Legal, Compliance, Line 2 Operational Risk, etc)

**Assessments & Evaluations**:

- Privacy impact assessments for IB&M initiatives and processes
- Supplier Risk Governance assessments for IB&M suppliers and third parties
- Internal access risk assessments for IB&M IT services
- Regulatory change applicability assessments for privacy
- IB&M Product governance and analytics data governance assessments

**Privacy Support**:

- Manage IB&M front door for privacy support requests and respond to ad hoc enquiries.
- SME guidance to identify and close privacy incidents and issues.
- SME support to embedded risk teams in completing Compliance Self Assessments and Risk & Control Self Assessments
- Deliver training to embedded risk teams and provide online resources through the IB&M Privacy Hub

**Control Environment & Risk Management**:

- Perform privacy controls owned by NFR&C and design, document, implement and embed business processes, procedures and controls to ensure compliance with regulatory expectations.
- Keep under review the effectiveness of design and operation of IB&M privacy controls, and make recommendations for changes where appropriate
- Support change initiative owners to Identify required privacy controls and actions required to manage impacts to privacy risk.

**Skills and Experience**:

- Experience in an advisory role in relation to Australian privacy regulatory requirements.
- Knowledge of risk management and/or compliance in a financial services setting
- Pro-active outcome-focused approach; able to work autonomously.
- Strong organisational skills and the ability to deliver a program of work alongside diverse BAU activities
- Ability to develop constructive working relationships with large and varied stakeholders.
- Strategic and conceptual thinking and problem-solving skills.
- Excellent written and oral communication skills
- International perspective, experience in working offshore or with offshore teams preferred.
- Experience advising on de-identification and analytics preferred

**Working at CommBank**

At CommBank, we’re committed to building a diverse and inclusive workforce reflecting the customers, businesses and communities we serve. As a value’s driven organisation, we nurture and support our people, through focusing on skill and talent development, collaboration, flexibility and internal promotion.

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