Director, Business Development Transaction Banking at Commonwealth Bank

Sydney, New South Wales, Australia -

Full Time

Start Date

Immediate

Expiry Date

04 Apr, 26

Salary

0.0

Posted On

04 Jan, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Transaction Banking, Business Development, Client Management, Stakeholder Management, Negotiation, Financial Modelling, Data Analysis, Process Design, Payments, Cash Management, Risk Management, ERP, APIs, SaaS, Innovation, Team Leadership, Thought Leadership

Industry

Financial Services

Description

You’re a highly experienced transaction banker Understands the deal cycle to win transaction banking mandates Permanent, full time role based in Sydney 2x positions available See yourself in our team: Transaction Banking Solutions delivers tailored working capital solutions—including payables, receivables, cash and treasury management—that empower our clients to: Innovate and transform how they engage with their customers Drive cost efficiencies across their operations Mitigate fraud, operational, and transition risks Accelerate business growth through data-driven insights from Australia’s largest bank Join us and experience the future of transaction banking, where AI, data, and fintech partnerships are reshaping how we connect with and support our clients. Do work that matters: You will be responsible for executing the business development strategy for Transaction Banking within the Institutional Banking and Markets (IB&M) segment. In this role, you’ll engage with clients and stakeholders across all levels of the Group, contributing to the success of Transaction Banking Solutions through strategic sales execution and effective client management. Reporting to the Executive Director, Business Development, you’ll be part of a high-performing team of Transaction Banking specialists located across Australia. As a Director, you’ll work closely with senior stakeholders and clients to drive growth and deliver exceptional outcomes, including but not limited to: Originate and retain strategic transaction banking mandates Build deep relationships with treasury and finance teams Lead cross-functional teams in responding to tenders and proposals Partner with Relationship Coverage teams to develop and execute client plans Identify innovation opportunities in payments and cash management Collaborate across product, operations, and delivery teams for seamless execution Structure and negotiate complex deals for institutional and government clients Apply technical acumen (ERP, APIs, SaaS) to support solution design Lead thought leadership initiatives to position the bank as a trusted advisor Stay ahead of market trends and regulatory developments Champion continuous improvement and foster a high-performing, inclusive team culture We’re interested in hearing from people who Are committed candidates with a strong foundation in a corporate or institutional banking. You bring: Extensive experience in transaction banking at a leading domestic or global bank Proven success in business development and solution consulting for institutional clients A self-driven, results-oriented mindset with a track record of exceeding targets Strong internal network-building and stakeholder management skills Excellent interpersonal, collaboration, and negotiation capabilities Analytical strength in financial modelling, data analysis, and process design Deep understanding of transaction banking products (payments, cash management, merchant acquiring and corporate cards) A risk-aware mindset aligned with CommBank’s standards Tertiary qualifications in finance, accounting, business, or related fields (or equivalent experience) Prior experience in business development or account management in transaction banking is highly desirable This opportunity offers exposure to a broad range of stakeholders across all levels of the business. You’ll be part of a focused, intelligent, and driven team that shares a passion for delivering the best possible experience for our clients. As the successful candidate, you’ll benefit from a structured career path within the IB&M business, supported by a competitive market salary, annual performance incentives, and a flexible, inclusive working environment. 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. We're aware of some accessibility issues on this site, particularly for screen reader users. We want to make finding your dream job as easy as possible, so if you require additional support please contact HR Direct on 1800 989 696. Advertising End Date: 30/01/2026 Whether you’re passionate about customer service, driven by data, or called by creativity, a career with CommBank is for you. Our people bring their diverse backgrounds and unique perspectives to build a respectful, inclusive and flexible workplace. One where we’re driven by our values, and supported to share ideas, initiatives, and energy. One where making a positive impact for customers, communities and each other is part of our every day. Here, you’ll thrive. You’ll be supported when faced with challenges, and empowered to tackle new opportunities. We really love working here, and we think you will too.

Responsibilities

You will be responsible for executing the business development strategy for Transaction Banking within the Institutional Banking and Markets segment. This includes engaging with clients and stakeholders, originating and retaining strategic transaction banking mandates, and leading cross-functional teams.