Senior Compliance Manager BB Compliance

cba; Sydney; On-site; AUD 140,000 - 190,000; Full time

Job summary

Commonwealth Bank in Sydney is seeking a Senior Manager - Business Banking Compliance (Scams Prevention Framework) to lead specialist compliance advisory and regulatory change efforts across SPF and related scam legislation.

You will partner with BB Compliance to promote SPF consistency, provide updates on regulatory developments, and deliver SPF training to embed knowledge across the team. A law degree is highly desirable to support complex guidance and governance.

Qualifications

• Demonstrated practical experience in Compliance Advisory and/or Regulatory Change within the banking/financial services sector.

Responsibilities

• Providing specialist compliance expertise and interpretation on the SPF, scams legislation, regulatory expectations and Group requirements.
• Supporting BB Compliance Advisors to promote consistent interpretation and application of SPF across BB.
• Providing regular updates on SPF regulatory developments, emerging issues and guidance through BB Compliance team meetings and other forums.
• Developing and delivering SPF training and capability uplift to embed knowledge across BB Compliance.
• Acting as the primary BB Compliance liaison with the Group Regulatory Change and Framework team and Line 1 Regulatory Change team regarding SPF.

Skills

Compliance advisory

Regulatory change

Stakeholder management

Regulatory interpretation

Written communication

Project management

Training delivery

Education

Law degree

Job description

Senior Manager - Business Banking Compliance (Scams Prevention Framework)

See yourself in our team:

Business Banking (BB) Compliance sits within the Group Compliance Line 2 function at CommBank. The team partners with BB Line 1, support and central compliance teams to manage regulatory change and compliance risk and provide practical advice and independent oversight.

Your business partners:

BB provides a broad range of banking, payments, lending and specialist solutions to business customers ranging from small businesses to large corporates.

Do work that matters:

BB Compliance provides expert advice and oversight across regulatory and compliance risk, regulatory change, issues and incidents, and governance reporting.

Key responsibilities for this role includes:

• Providing specialist compliance expertise and interpretation on the SPF, scams legislation, regulatory expectations and Group requirements.
• Supporting BB Compliance Advisors to promote consistent interpretation and application of SPF across BB.
• Providing regular updates on SPF regulatory developments, emerging issues and guidance through BB Compliance team meetings and other relevant forums.
• Developing and delivering SPF training and capability uplift to embed knowledge and expertise across BB Compliance.
• Acting as the primary BB Compliance liaison with the Group Regulatory Change and Framework team and Line 1 Regulatory Change team regarding the SP F .
• Representing BB Compliance in SPF consultations, advocacy and relevant enterprise working groups.
• Coordinating SPF governance, planning, prioritisation and management reporting.
• Identifying and escalating emerging SPF risks, issues and themes across BB.
• Providing specialist input on SPF regulatory change , implementation, incidents, issues and compliance assessments.
• Sharing insights and lessons learned to promote consistency and build capability across BB Compliance.

We're interested in hearing from people who have:

• Demonstrated practical experience in Compliance Advisory and/or Regulatory Change within the banking and financial services industry.
• Strong regulatory interpretation skills, with the ability to translate complex requirements into clear, practical guidance.
• Strong stakeholder management, negotiation and influencing skills, with the ability to align diverse stakeholders to business, customer and risk objectives.
• Excellent written and verbal communication skills, with the ability to produce clear, concise and high-quality materials for senior stakeholders.
• Strong project management and organisational skills, with the ability to coordinate complex regulatory activities, manage competing priorities and deliver to tight deadlines.
• Ability to provide constructive challenge and exercise sound judgement to support good customer and compliance outcomes.
• Experience developing and delivering training and building capability across diverse stakeholder groups.
• Strong working knowledge and practical understanding of the SPF, including applicable legislation, rules, codes and regulatory requirements, and their application within banking, or the ability to quickly develop deep subject matter expertise.
• A commitment to CBA's values of Care, Courage and Commitment.
• A relevant tertiary qualification, particularly in law, and/or strong knowledge and practical understanding of payment products and payment systems is highly desirable.

At CommBank, we're committed to creating an accessible, inclusive and respectful workplace. If you require support or adjustments, please let us know. We welcome applications from people of all backgrounds and we're particularly committed to making a positive difference for Aboriginal and/or Torres Strait Islander Peoples. For support please contact 1800 989 696.

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