Automated Control Assurance Lead – Risk & Compliance

Commonwealth Bank; Sydney; On-site; AUD 140,000 - 200,000; Full time

Job summary

Commonwealth Bank is seeking a Control Assurance Manager within Retail Bank's Controls and Customer Outcomes team to drive automated controls and stronger risk governance. You will develop and enhance an end-to-end control assurance framework, integrate continuous assurance, and coordinate CAP testing across Line 1 teams.

The role focuses on designing, implementing, and embedding robust controls, using advanced analytics, and partnering with stakeholders to achieve sustainable risk improvements

Qualifications

• Strong background in operational risk management, with expertise in Automated Control Assurance, benchmarking, and advanced analytical procedures.
• Ability to influence and consult, building relationships with stakeholders at all levels.
• Aptitude to analyse risks/opportunities and recommend actions.
• Exposure to AI-driven control testing is desirable.
• Critical, analytical thinking with data-driven problem solving for risk and assurance outcomes.
• Demonstrated leadership to drive a positive, professional team.
• Strong written and verbal communication skills.

Responsibilities

• Supporting RBS to design and implement automated controls enabling better risk and compliance outcomes.
• Ensuring the effective design of automated controls for new and changing processes and support the business through the implementation.
• Supporting RBS in the design, development, and embedment of a continuous assurance model.
• Conducting and managing Control Assurance Program (CAP) testing, including the development of test scripts, and report on assurance findings.

Skills

Operational risk management

Automated control assurance

Benchmarking

Advanced analytics

Influencing & consulting

Stakeholder management

Risk identification

Automated testing

Leadership

Communication skills

Job description

Commonwealth Bank is seeking a Control Assurance Manager within Retail Bank's Controls and Customer Outcomes team to drive automated controls and stronger risk governance. You will develop and enhance an end-to-end control assurance framework, integrate continuous assurance, and coordinate CAP testing across Line 1 teams.

The role focuses on designing, implementing, and embedding robust controls, using advanced analytics, and partnering with stakeholders to achieve sustainable risk improvements