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Manager Risk and Control Enablement - Growth and Business Banking

Commonwealth Bank

Job Description

About The Business & Your Team

Business Banking (BB) manages relationships with Commonwealth Bank’s small-medium enterprise customers, mid-market corporate customers, and regional and agribusiness customers, providing a wide range of financial services and solutions.

Everyday Business Banking (EBB) delivers reliable and innovative solutions that meet the everyday banking needs of customers from the smallest businesses to the largest corporates. This includes Transaction and Deposit products, Merchant Solutions, Payments and Digital banking.

EBB Customer and Risk Team supports the business achieve exceptional customer outcomes through trusted advice, implementing and maintaining robust and sustainable risk culture and practices.

Do work that matters

You will join a team partnering with the EBB Growth and Better Business (GBB) and Commercial Deposits (CD) Business to ensure safe delivery of enhancements or new propositions led by GBB/CD or impacting the businesses. You will act as a trusted advisor, challenger and facilitator to ensure Risks and Compliance Obligations impacted by new or enhanced propositions are identified, assessed, appropriately mitigated, enabling transparent and informed decisions by the business and key stakeholders. This role will have specific focus on applying judgment and pragmatism to execute Risk in Change and Regulatory Change processes with pace and pragmatism whilst ensuring appropriate risk and customer outcomes.

Reporting to the Senior Manager Risk and Control Enablement, responsibilities include:
  • Ensuring risks are identified, assessed and captured in Risk in Change Assessments, Risk Profile (RCSA) and updated when risk trigger events occur
  • Ensuring the correct risk and controls overlay the end to end process mapping and documentation management to support the control process
  • Support the business to design and implement controls to enable better risk and compliance outcomes
  • Identify, lead and manage the continuous improvement of the business control environment by using data to generate insights and reports
  • Manage root cause analysis of issues and incidents, identifying and implementing control improvements
  • Identify, initiate and manage actions to mitigate risks and to strengthen controls, including issues identified through audits and other external processes
  • Maintain various databases (including RiskInSite) and monthly management reporting
  • Synthesize risk data from various sources
  • Manage data quality / maintain various databases (including RiskInSite and the Risk in Change PEGA application) and provide insights on Weekly basis
  • Contribute to a proactive risk and control culture and collaborate with the business
  • Work effectively with Line 2 colleagues to remediate any significant data integrity issues within the BU.
  • Adhere to the Code of Conduct .

We’re Interested In Hearing From People Who Have
  • 3+ years’ experience in risk/banking/financial services/other relevant experience
  • Ability to analyse/identify risks and opportunities and recommend appropriate actions partner with the business to use risk to enable it to grow and change
  • Influencing skills, the ability to build relationships with stakeholders at all levels
  • Facilitation and presentation skills
  • Controls design experience, Understanding of risk mitigation strategies
  • Tertiary qualifications in finance, accounting, economics, law, technology or engineering
If this sounds like the role for you then we would love to hear from you. Apply today!

If you're already part of the Commonwealth Bank Group (including Bankwest), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.

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Advertising End Date: 04/08/2021