DO WORK THAT MATTERS

Risk Management (RM) is responsible for developing and deploying the risk frameworks to allow the Group to take conscious exposures to credit, market, operational, compliance and insurance risks within a Board-approved appetite.

Risk Management ensures that the Group has appropriate strategies and frameworks in place to assess, manage and report on credit, market, operational, compliance and insurance risks. We do this by:

• Establishing frameworks to manage risks that are consistent with the Group’s business objectives;
• Identifying, assessing and reporting risks to the Board, Risk and Audit Committees, Executive Committee and Business Units;
• Assessing the impact of proposed changes in laws, regulations and industry codes; and
• Working collaboratively with the Business Units to achieve the optimal risk and return outcomes for the Group within the risk appetite approved by the Board.

WE’RE INTERESTED IN HEARING FROM PEOPLE WHO HAVE:

• Experience managing work relationships and business stakeholders preferred
• Knowledge and experience or interest in financial crime or risk management in financial services is highly regarded
• Understanding of the financial crime regulatory framework with knowledge of the AML / CTF, Sanctions and ABC risk environment will be valuable
• Experience in intelligence work, including information collection and development of intelligence reports would be ideal
• Experience identifying, escalating problem solving risks, issues and incidents to senior management preferred
• Tertiary qualification in a degree which has an Engineering component, preferred
• An understanding of coding and programming languages – exposure to one or more of the following VBA, SQL, Python, MATLAB, C or C++ - preferred but not essential
• SAS and SQL experience preferred but not essential
  If you have the right skills and experience we’re looking for, please apply now!

• Provide business support and expert advice
• Apply the Group’s FCC framework and risk mitigation strategy and support the maturation of this framework
• Contribute to efforts to reduce the potential impact of current and emerging FCC risks on CBA customers, through a focus on high risk customers and customer segments
• Contribute to strategic planning initiatives and execution of these strategies within FCC
• Contribute to Regulator relationship management Data analysis and intelligence activities as required
• Support the EM and Senior Manager in the execution of FCC objectives
• Reduce the potential impact of current and emerging FCC risks on CBA customers
• Recommend mitigating strategies and actively manage emerging events, ensuring strategies are implemented which effectively manage the associated risk.
• Ensure that clear and concise documentation is produced.
• Drive insights into trends and anomalies - including root cause analysis.
• Lead stakeholder engagements and ensure that key tasks are defined and the appropriate priority is assigned.
• Work with the Financial Crime Intelligence Unit, Financial Crime Compliance, and relevant business units to understand and document Money Laundering related risks and controls.
• Complete coverage assessment of money laundering risks, showing linkages between AML risks and the control environment.
• Analyse data, assist line manager with technical and non-technical initiatives.