Senior Manager, AI Risk & Operational Compliance

Commonwealth Bank; Sydney; On-site; AUD 180,000 - 260,000; Full time

Job summary

Commonwealth Bank in Sydney seeks a Senior Manager Operational Risk to provide independent Line 2 risk oversight across AI-led technology change and ongoing risk management, partnering with business, technology, product and risk stakeholders.

The role focuses on risk assessment of AI, data quality, privacy, cybersecurity, governance and resilience, with strong change-management experience and ability to influence senior stakeholders.

Qualifications

• Senior-level operational risk, technology risk or change risk experience within financial services or a regulated environment.
• Experience providing risk oversight for significant technology transformation and AI-led change initiatives.
• Strong understanding of operational risk frameworks, change governance, control design and risk appetite.
• Practical knowledge of AI risk considerations, including governance, data quality, model risk, human oversight, privacy, cyber security and resilience.
• Awareness of compliance obligations relevant to technology and AI-led change, with ability to ensure they are considered in delivery.
• Experience influencing senior business and technology stakeholders and constructively challenging fast-moving change initiatives.

Responsibilities

• Provide independent Line 2 operational risk advice and challenge across AI-led technology change, transformation programmes and strategic initiatives.
• Assess risk and control design throughout the change lifecycle, including governance, data, model and technology dependencies, testing, implementation readiness and post-implementation monitoring.
• Identify and evaluate operational risks arising from AI, automation and emerging technologies, including human oversight, explainability, data quality, privacy, cyber security and resilience.
• Challenge business cases, risk assessments, control frameworks and implementation decisions to support safe, responsible and sustainable change within risk appetite.
• Oversee change-related incidents, emerging risks, root-cause analysis and remediation, and promote timely escalation of material issues.
• Provide clear, evidence-based insights and recommendations for senior management, governance forums and risk committee reporting.

Skills

Senior risk management

AI risk

Change governance

Stakeholder management

Analytical skills

Job description

Commonwealth Bank in Sydney seeks a Senior Manager Operational Risk to provide independent Line 2 risk oversight across AI-led technology change and ongoing risk management, partnering with business, technology, product and risk stakeholders.

The role focuses on risk assessment of AI, data quality, privacy, cybersecurity, governance and resilience, with strong change-management experience and ability to influence senior stakeholders.