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Commonwealth Bank

Manager Risk and Controls

Posted Yesterday
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In-Office
Melbourne, Victoria, AUS
Mid level
In-Office
Melbourne, Victoria, AUS
Mid level
Lead risk and controls activities for Business Banking, driving projects and change to embed non-financial risk controls, advising frontline teams, maintaining risk data, uplifting risk maturity, and influencing senior stakeholders to ensure effective governance and safe delivery.
The summary above was generated by AI
  • Opportunity to join an energetic, high performing team making real impact in Business Banking through applied risk management, with Risk Projects and Change focus.

  • Business profile support for Relationship Managed Segments including close engagement with senior leaders across Business Banking

  • A challenging and rewarding role that requires you to think critically and solve for a diverse array of problems, with support from Senior Manager and Executive Manager and a high degree of autonomy.

Do work that matters:

In Business Banking (BB), we secure and enhance the financial wellbeing of our people, businesses and communities. We do this by offering a wide range of services and solutions to our Relationship Managed (RM) small-medium enterprise customers, large corporate customers, and regional and agribusiness customers.

Commercial Banking (CB) predominantly services metro-based business customers with annual turnover from $3m to $150m. Major Client Group (MCG) predominantly provides specialised and dedicated service to our largest customers in BB including listed entities and those who have an annual turnover more than $150m per year.

Regional and Agribusiness (RAB) predominantly services regional/rural business customers with annual turnover from $1m to $150m, and Small Business Banking (SBB) supports our business customers with annual turnover below $3m.

See yourself in our team:

The Non Financial Risk Line 1 Team, part of the wider Business Banking Distribution Risk (BBDR)function, aim to be trusted risk advisors – leveraging our collective expertise to enable Business Banking’s success. We are a full service Line 1 Risk Management team with a balanced focus on Non Financial Risk, Projects & Change, Framework and Fundamentals.

Our team is responsible for ensuring that strong risk management practices and behaviours are embedded across the business segments. We achieve this through ensuring risk frameworks and controls are effectively implemented and ensuring the Leadership Team has the right level of risk governance.

Key responsibilities will include:

  • Projects and Change: Enable and lead the delivery of initiative to enhance the non-financial risk impacts, embedding controls and providing safe and sustainable delivery support for our Distribution businesses, ensure risk and associated procedural changes are delivered effectively, minimizing disruption for frontline employees and customers.

  • Uplift Initiatives: Support initiatives across the business to drive an increase in business risk maturity.

  • Controls – supporting various stakeholders to review, and embed controls, supporting the safe delivery of changes.

  • Advisory – Supporting general advisory and enquiries from frontline teams, ensuring we are a trusted Line 1 advisory team with a strong connection to the businesses we support.

  • Data Quality – maintaining quality risk data in various databases (including RiskInSite).

  • Risk Culture and Capability – ensuring the risk culture and capability is continually improved across our stakeholders.

We’re interested in hearing from people who have:

  • A risk mindset – proactively identify risks, seek to understand risks, desire to discuss and resolve risks, and applying sound judgement when assessing risks and their impacts.

  • Ability to problem solve – think critically about a given problem, using data and other relevant information, in order to propose a solution that reduces risk and enables Business Banking outcomes.

  • Autonomous operators – ability and willingness to operate with initiative, running with an assigned portfolio of work.

  • Presenting and influencing skills – ability to present to senior stakeholders and influence all stakeholders to achieve a desired outcome.

  • Relationship skills – ability to build rapport with business stakeholders in order to act as a trusted risk advisor.

  • Organisation, prioritisation and planning skills – ability to manage multiple competing priorities.

  • Proven experience within risk & compliance with a demonstrated understanding of Operational Risk and Compliance frameworks and methodology

  • A minimum of 2-5 years’ experience in banking/financial services or other relevant sectors, with an Operational Risk or Compliance background. RiskInSite and Business Banking experience highly regarded.

Your Development:

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.

If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.

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: 28/06/2026

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