Compliance Manager – Business Banking Compliance at Commonwealth Bank
Wales, Wales, Australia -
Full Time


Start Date

Immediate

Expiry Date

20 Oct, 26

Salary

0.0

Posted On

24 Aug, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Yes

Skills

Industry

Financial Services & Insurance

Description

Key responsibilities include:

  • Dedicated compliance advisor supporting Asset Finance, Business Financial Assistance (BFA) and Group Credit Structuring (GCS) teams but with an opportunity to work across other product areas
  • Partnering with the business to meet regulatory obligations and drive good customer outcomes
  • Providing practical and solutions-based advice, independent review, challenge, direction and training;
  • Advising and supporting Line 1 Risk teams to identify and comply with regulatory obligations (excluding Financial Crime related obligations) relevant to Business Lending products;
  • Reviewing and managing compliance issues and incidents, including review and assess root cause analysis, data quality and proposed remediation, rectification, and prevention plans
  • Managing engagement with Regulators (ASIC, APRA, ACCC, BCCC, OAIC) in relation to relevant Business Lending, Financial Difficulty and Collections & Recoveries related matters (e.g. ASIC breach reporting).

What will you need to succeed in this role?

We’re interested in hearing from people who have:

  • Line 2 Regulatory Compliance advisory experience in financial services is desirable, preferably specific to Business Lending and credit products. However, individuals with experience in the financial services industry are welcome to apply.
  • Knowledge of relevant compliance obligations and requirements (e.g. applicable laws and regulations) that apply to Business Lending and the financial services industry
  • Sound reasoning and decision-making skills with an ability to support decisions and clearly articulate commercial, regulatory and customer implications of analysis and findings.
  • Strong interpersonal skills and an ability to communicate effectively and interact/advise in verbal/written communications at all stakeholder levels.
  • Strategic and analytical thinking and solid business acumen.
  • Ability to prioritise, schedule and meet challenging deadlines with autonomy and self-sufficiency.
  • A willingness to learn, an inquisitive and open mind and a collaborative working style.


Responsibilities
Loading...