Manager Line 1 Risk

cba; Sydney; Hybrid; AUD 150,000 - 210,000; Full time

Benefits offered by this job

Flexible working options

Career development opportunities

Supportive team culture

Job summary

CommBank is seeking a Manager Line 1 Risk, Wealth and Private to join the Insurance Retail & Advice Partnerships team. You will partner with Wealth Partnerships to provide practical risk guidance, identify and monitor incidents, and design controls to protect customers while supporting risk governance activities.

The role emphasizes collaborative leadership and strong stakeholder engagement in a dynamic banking environment.

Qualifications

• Experience in risk advisory, operational risk, compliance, governance or controls management.
• Strong analytical and problem-solving skills with the ability to identify opportunities for improvement.
• Excellent stakeholder management and communication skills.
• Commercial acumen and the ability to balance risk outcomes with business objectives.

Responsibilities

• Partner with stakeholders across Wealth Partnerships to provide practical risk advice and guidance.
• Identify, monitor and support the resolution of incidents, issues and emerging risks.
• Challenge existing processes and drive continuous improvement in risk management practices.
• Design and strengthen controls that protect customers and improve business outcomes.
• Support risk governance activities, including risk profiling, monitoring and reporting.
• Collaborate with internal and external partners to manage risk across multiple products and customer solutions.
• Help leaders make informed decisions through balanced commercial and risk-based recommendations.

Skills

Risk advisory

Stakeholder management

Analytical thinking

Problem solving

Commercial acumen

Job description

Manager Line 1 Risk

See yourself in our team

Retail Banking Services (RBS) is the public face of CommBank, delivering banking, wealth and investment solutions to more than 10 million personal and small business customers across Australia.

Within RBS, the Insurance Retail & Advice Partnerships (IRAP) team supports the distribution of insurance products and advice referrals that help customers build financial wellbeing and confidence for the future.

As Manager Line 1 Risk , Wealth and Private you'll join a collaborative and high-performing team that partners closely with the business to enable better risk decisions and stronger customer outcomes. Reporting to the Executive Manager, Chapter Lead Wealth & Private Risk, you'll play an influential role in supporting the business to manage risk effectively while continuing to grow and evolve.

Why join us?

• Join a supportive and highly collaborative team culture.
• Help shape how risk decisions are made across Wealth Partnerships.
• Work alongside experienced leaders who are passionate about development and career growth.
• Be part of a team with a strong track record of internal progression and promotion opportunities.
• Enjoy flexible working arrangements that support balance and wellbeing.

Do work that matters

As a trusted risk partner, you'll provide guidance, challenge and support to help the business operate within risk appetite while achieving its strategic objectives.

You’ve:

• Partner with stakeholders across Wealth Partnerships to provide practical risk advice and guidance.
• Identify, monitor and support the resolution of incidents, issues and emerging risks.
• Challenge existing processes and drive continuous improvement in risk management practices.
• Design and strengthen controls that protect customers and improve business outcomes.
• Support risk governance activities, including risk profiling, monitoring and reporting.
• Collaborate with internal and external partners to manage risk across multiple products and customer solutions.
• Help leaders make informed decisions through balanced commercial and risk-based recommendations.

We’re interested in hearing from people who have

• Experience in risk advisory, operational risk, compliance, governance or controls management.
• Strong analytical and problem-solving skills with the ability to identify opportunities for improvement.
• The confidence to constructively challenge stakeholders while building strong working relationships.
• A proactive mindset focused on finding solutions, not just identifying problems.
• Experience within banking, financial services, wealth management, superannuation or related environments. Experience from a Big 4 consulting firm or financial services regulator is highly sought after and will be viewed favourably
• Excellent stakeholder management and communication skills.
• Commercial acumen and the ability to balance risk outcomes with business objectives.

Working with us

At CommBank, we’re committed to supporting our people to thrive both professionally and personally. We offer a range of flexible working options and ask our people to spend at least half of their time each month connecting with colleagues in the office.

If you’re looking for a role where you can make an impact, continue developing your career and work with a supportive team that values growth, we’d love to hear from you.

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Advertising End Date: 19/10/2026