Senior Operational Risk & Compliance Advisor

Commonwealth Bank of Australia; Sydney; Hybrid; AUD 140,000 - 210,000; Full time

Job summary

Commonwealth Bank of Australia in Sydney is seeking an experienced operational risk professional to join the RO Risk Advisory team within the Chief Controls Office. You will act as a trusted advisor to strengthen risk and compliance capabilities and uplift the control environment across Everyday Banking Operations.

The RO Risk Advisory team partners with Retail Operations to deliver Line 1 risk advisory services across incident management, change management, controls design, and governance.

Qualifications

• Proven experience in operational risk and compliance within financial services, ideally retail banking.
• Expertise in control design, implementation, and assurance and Issue management.
• Familiarity with risk platforms like IBM Open Pages (RiskInSite), and frameworks such as ORMF and CMRS.

Responsibilities

• Provide risk advisory across incident and issue management.
• Lead risk assessments for change initiatives under the CMRS.
• Design, implement and assess controls aligned to risk frameworks.
• Draft reports and dashboards for governance and assurance activities.
• Collaborate with senior stakeholders to embed risk mitigations.

Skills

Operational risk

Compliance

Stakeholder management

Risk advisory

Education

Tertiary qualifications in risk

Professional certifications

Tools

IBM Open Pages

RiskInSite

CMRS

ORMF

Job description

Commonwealth Bank of Australia in Sydney is seeking an experienced operational risk professional to join the RO Risk Advisory team within the Chief Controls Office. You will act as a trusted advisor to strengthen risk and compliance capabilities and uplift the control environment across Everyday Banking Operations.

The RO Risk Advisory team partners with Retail Operations to deliver Line 1 risk advisory services across incident management, change management, controls design, and governance.