Senior Operational Risk Lead - 12-Month Secondment

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

Job summary

Commonwealth Bank is seeking a Senior Manager, Operational Risk for a 12‑month secondment to lead the ORMF Oversight CoE and strengthen risk practices across the Group. You will translate frameworks into practical outcomes and embed a strong risk culture, partnering with senior stakeholders across the business.

The role focuses on developing guidance, influencing framework enhancements, coaching risk role holders and driving continuous improvement in operational risk management practices across

Qualifications

• Strong operational risk management experience and understanding of risk frameworks.
• Experience partnering with senior stakeholders to influence outcomes and drive change.
• Knowledge of regulatory expectations and the broader risk management environment.
• Experience developing policy, framework, governance or risk management practices.

Responsibilities

• Develop, maintain and implement Practice Guides and supporting guidance for key operational risk roles, demonstrating what effective risk management looks like in practice.
• Strengthen and simplify Group-wide operational risk practices to support improved risk outcomes and operational efficiency.
• Partner with operational risk stakeholders across the Three Lines of Accountability to provide challenge, advice and support.
• Contribute to the design, enhancement and continuous improvement of the ORMF and associated standards, including Risk and Control Self Assessment (RCSA), Control Assessment Program (CAP), Incident Management and Change Management Risk.

Skills

Operational risk management

Stakeholder influence

Regulatory knowledge

translating complex requirements

Education

Tertiary qualification in business, finance, risk management, law or related discipline

Job description

Commonwealth Bank is seeking a Senior Manager, Operational Risk for a 12‑month secondment to lead the ORMF Oversight CoE and strengthen risk practices across the Group. You will translate frameworks into practical outcomes and embed a strong risk culture, partnering with senior stakeholders across the business.

The role focuses on developing guidance, influencing framework enhancements, coaching risk role holders and driving continuous improvement in operational risk management practices across