Senior Manager Economic Crime Risk - (2 Vacancies Available)

CommBank; Sydney; Hybrid; AUD 180,000 - 240,000; Full time

Benefits offered by this job

Discounts

Health & wellbeing programs

Paid volunteering leave

Job summary

CommBank is seeking a Senior Manager in Economic Crime Risk Advisory within Institutional Banking & Markets and Group Treasury. You will provide expert financial crime guidance to support IB&M and GT, helping to manage AML/CTF, sanctions, AB&C regulations and fraud risks.

You will collaborate with internal stakeholders on strategic projects, customers and products, and lead the development of risk reporting and governance.

Qualifications

• Experience in economic crime compliance and regulation.
• Ability to assess risks across customers, transactions and products.
• Exposure to international regulatory obligations.
• Strong communication and written skills.

Responsibilities

• Provide guidance on economic crime risks, controls and regulatory obligations to business units and support teams.
• Offer guidance on economic crime risk policies and governance.
• Identify and mitigate economic crime risks for IB&M and GT, onshore and offshore.
• Support day-to-day customer-related matters, transactions and product development.
• Support operational activities and transformation projects related to economic crime.

Skills

Economic crime

AML/CTF

Sanctions

AB&C regulations

Stakeholder management

Executive writing

Job description

Senior Manager Economic Crime Risk - (2 Vacancies Available)

Senior Manager,ECR Advisory,Institutional Banking & Markets

Help safeguard financial integrity at CommBank

JoinCBA’s Economic Crime Risk (ECR) advisory teamsand play a key role in managing AML/CTF, sanctions, anti-bribery and corruption (AB&C), anti-tax evasion and fraud risks. Partner with key stakeholders to strengthen economic crime risk management acrossCBA’sInstitutional Banking & Markets(IB&M)and Group Treasury (GT) businesses.

Your impact

Reporting totheExecutive Manager, ECR Advisory - IB&M,youwillprovideexpert financial crime adviceto supportCBA’s IB&M and GTbusinesses inrisk managementactivities, including building capabilities to support AML/CTF and Fraud/Scams reforms.Your role will involvecollaboratingwith internal stakeholders, advising onstrategicprojects, customers,transactions,andproducts.

Whatyou willdo

• Provide adviceto businessunits and their respective support units, offering expert guidance on economic crime risks, controls,and regulatory obligations.
• Provideexpert guidance on economic crime risk policies and governance.
• Assiststakeholderswithin IB&Mand GT to proactivelyidentify, manage, and mitigate the economic crime risks onshore and offshore.
• Support business units in day-to-day execution of customer related matters,transactions,and product development.
• Support economic crime-related operational activitiesandtransformation projects.
• Develop meaningful reporting to enhance risk visibility and decision-making.
• Assistthe business and Group support functions to develop and executeappropriate actionplans to address identified issues relating to economic crime.
• Assistinmanagingaudits and regulatory engagements.
• Work collaboratively with other ECR and Riskteams and provide relevant support and advice asrequired.
• Forge strong relationships with members of the ECR and Riskcommunity, as well as other internal stakeholders.
• Support the ongoing enhancement of CBA’s ECR framework byidentifyingand building technology platforms, including AI driven initiatives.

The strength ofCBA’sECR teamand its value to the Group is based on the trust the organisation places in us and the integrity that underpins our conduct.As a member of our team, your conductmust enhance those attributes and the trust the organisation places in us. You will need to navigate a complex business environment, balancing the competing needs of stakeholders, and managing complex trade-offs.Throughout these complex circumstances, you will need tomaintainstrong collaborative relationships.

Whatwe arelooking for

• Experiencein economic crime compliance, with deep knowledge of AML/CTF,sanctions, and AB&C regulations,preferably inIB&Mand/or GT advisory capacity.
• Ability to assess economic crime risks related to customers, transactions, and products.
• Exposure and experience in dealing with international regulatory obligations.
• Strong stakeholder management skills, with the ability to influence decision-makers.
• Confidencewhenparticipatingin forums and presenting complex risk insights.
• Strong communicationand executive writingskills
• Flexible working options including hybrid arrangementsand adjusted hours.
• Career growth opportunities with access to leadership programs and mentorship.
• A collaborative culturewhereinnovation and integrity drive decision-making.
• Employee benefits including discounts, health & wellbeing programs, and paid volunteering leave.

At CommBank,we arecommitted to fostering an inclusive workplace and encourage applications from diverse backgrounds.