Executive Manager Compliance Risk Bankwest

Executive Manager Compliance Risk Bankwest

Do work that matters:

Bankwest has a rich heritage. We’re proud to be part of the fabric of Western Australia with a strong culture built on local support. We’ve always been innovative, evolving over time to look after a growing regional market and seeking out new customers. With the support of a strong partner in CBA, we share a belief in the value of our brand, our potential for growth and a big aspirational Vision.

We're building tomorrow’s bank today, which means we need creative and diverse engineers to help us redefine what customers expect from a bank. Envisioning new technologies that are still waiting to be invented and reimagining products that support our customers and help build Australia’s future economy.

See yourself in the team:

Reporting into the General Manager for RBS Compliance and the purpose of the role is to lead the Bankwest Compliance Risk team to provide specialised advice to each Bankwest line of business team to ensure our retail products are made and distributed in compliance with all financial services regulations.

Your day could look like but not limited to:

• Inspire team of compliance advisers to be pro-actively engaged with business teams and providing high quality advice to achieve compliance outcomes and mitigate risk

• Compliance representative at Risk Forums providing compliance insights and advice

• Ability to apply regulatory knowledge to new products and distribution avenues supporting Bankwest with its strategic objectives

• Oversight of advice provided by team members and escalation point for complex and significant matters;

• Building effective partnerships with colleagues across business teams, Risk and Compliance

• Effective and constructive contribution to the Retail Compliance Leadership Team and the broader Risk Management function, with a focus on collaboration and embedding a risk culture across the function.

• Lead, manage, coach and develop your function.

• Actively and effectively develop your direct and indirect reports.
   

What will you need to succeed in this role?

The successful candidate will have substantial knowledge of compliance, financial services regulation and retail banking products and distribution. The appropriate candidate will also have experience in providing compliance advice to business teams as they designing products and distribution processes delivering, managing and remediating issues and implementing regulatory change. They will also have the ability to build strong relationships, and have strong stakeholder engagement skills, including experience in dealing with senior management. It’s also desirable if you have:

• Financial Services industry, regulation knowledge gained either in Australia, or in major overseas markets.

• Experience in compliance roles, including role(s) with a focus on developing compliance frameworks.

• Strong understanding of different regulatory environments including APRA prudential requirements, ASIC requirements and requirements from other key domestic or international regulators.

• Strong understanding of compliance and compliance management principles, frameworks and generally accepted industry practices.

Working at CommBank

At CommBank, we support our people with the flexibility to balance where work is done with a hybrid approach of at least half your time each month connecting in office. We also have many other flexible working options available including changing start and finish times, part-time arrangements and job share to name a few. Talk to us about how these arrangements might work for you.

If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), 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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