Senior Manager, Risk & Controls Strategy & Delivery

Commonwealth Bank; Sydney; On-site; AUD 210,000 - 260,000; Full time

Job summary

Commonwealth Bank is seeking a Senior Manager Risk and Control Advisory and Delivery to support the Global Head of Line 1 Risk & Valuation Control. You will drive consistency, governance and oversight of non-financial risks and controls within IB&M Finance, engaging senior stakeholders to uplift risk capability.

Your day-to-day will include preparing risk reporting for committees, identifying process improvements, designing controls, managing CAP testing, and coordinating governance forums to

Qualifications

• Strong Line 1 Risk & Controls experience within a complex, highly regulated organisation.
• Proactive, driven and able to lead work independently and deliver outcomes.
• Demonstrated ability to identify and assess risks, strengthen control environments.
• Excellent stakeholder management and influencing capability across all levels.
• Banking/financial services experience is highly regarded.

Responsibilities

• Prepare risk reporting for non-financial risk committees and forums with high-quality, relevant information for oversight and decision-making.
• Identify opportunities to improve risk reporting processes, including automation, and drive uplift of design and implementation.
• Design and implement controls or support the business to do so.
• Ensure risks are profiled in the Risk Profile (RCSA) and updated when trigger events occur.
• Lead root cause analyses of issues and incidents, implementing control improvements.
• Conduct and manage CAP testing, develop test scripts, and report findings.
• Prepare information for strategic planning; track and report on the Risk Appetite Statement (RAS).
• Administer governance forums, including minutes and action management.
• Participate in group-wide working groups to improve risk and control environments.

Skills

Line 1 Risk & Controls

Stakeholder management

Risk reporting

Governance

Change leadership

Education

Tertiary qualifications in accounting/finance/risk

Job description

Commonwealth Bank is seeking a Senior Manager Risk and Control Advisory and Delivery to support the Global Head of Line 1 Risk & Valuation Control. You will drive consistency, governance and oversight of non-financial risks and controls within IB&M Finance, engaging senior stakeholders to uplift risk capability.

Your day-to-day will include preparing risk reporting for committees, identifying process improvements, designing controls, managing CAP testing, and coordinating governance forums to