Manager, Risk and Controls (Business Lending Line 1 Risk) - Sydney

Please note: Our Talent Acquisition team will be taking a scheduled break over the festive period beginning 24 December. We will resume reviewing applications and responding to enquiries from 5 January. We appreciate your understanding and patience during this time and wish you a safe and enjoyable holiday season.

Join Our Team:
Business Banking (BB) provides a diverse range of services to businesses of all sizes, from small enterprises to large corporations, regional and agribusiness customers, as well as stockbroking and margin lending services for retail customers.

About BB Line 1 Risk Chapter:

Our BB Line 1 Risk Chapter collaborates closely with Product teams to help them achieve their strategic objectives, with a focus on achieving NPS +30. In this role, you will support the Business Banking Payments teams in executing their end-to-end responsibility to manage and oversight risks across their products and services to deliver good customer outcomes. This includes working across both payments and credit-related processes as part of our broader Line 1 oversight responsibilities. Your responsibilities include identifying, understanding, and effectively managing risks to keep the business operating within the BB risk appetite.

Key Responsibilities

• Provide risk support to the Payment Pricing & Billing Centre of Excellence on resolving critical pricing and billing risk issues.
• Detect and formulate responses to changes in the internal and external risk landscape that may impact the business risk profile.
• Partner with the business to manage risks, compliance obligations and operations within risk appetite.
• Prepare reporting to accountable owners, governing forums and committees, to create transparency of risk outcomes.
• Proactively identify opportunities to enhance the design and resiliency of business processes and compliance.
• Recommend the business on areas of prioritisation for investment, intervention and enhancement to mitigate risk.
• Partner and advise the business on preparing responses to issues, near misses, and emerging risks or threats to resilience.
• Advocate for the use of appropriate tools, practices and frameworks to enable execution of risk reduction and proactive risk management.
• Contribute to recommendations that support the execution of the business strategy, including strengths, vulnerabilities and enhancements.

We're interested in people who have:

• Experience in financial services and/or data and technology, with strong understanding of risk and compliance frameworks.
• Proven ability to identify, assess and mitigate risks through effective controls and process improvements.
• Strong problem-solving capability, including using data-driven insights to support decision-making.
• Excellent verbal and written communication skills, with the confidence to advocate for strong risk practices.
• A positive attitude and growth mindset.
• Line 1 risk experience desirable but not essential.

If this sounds like the role for you then we would love to hear from you. Apply today!

We support our people with the flexibility to balance where work is done with at least half their 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 in the role you're interested in.

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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Advertising End Date: 29/01/2026