Manager Regulatory Engagement Business Banking Compliance at Commonwealth Bank

Sydney, New South Wales, Australia -

Full Time

Start Date

Immediate

Expiry Date

30 Apr, 26

Salary

0.0

Posted On

30 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Regulatory Engagement, Compliance Management Framework, Regulatory Change Implementation, Stakeholder Relationship Building, Regulatory Submissions Drafting, Regulatory Enquiries Management, ASIC Reportable Situations, Regulator Interaction, Risk Oversight, Governance Reporting, Legal Collaboration, Stakeholder Summarization, Regulatory Obligations Guidance, Record Keeping, Team Collaboration, Regulatory Capability Development

Industry

Financial Services

Description

Manager Regulatory Engagement, Business Banking Compliance Your business Business Banking Compliance sits within the Group Compliance Line 2 function at CommBank. The team partners closely with Business Banking Line 1, support and central compliance teams to manage and advise on Business Banking regulatory engagements, implement regulatory change, and embed the Compliance Management Framework, while enabling good customer outcomes and business success through practical advice and the provision of independent monitoring and assurance. Your business partners Business Banking offers a wide range of services and solutions from Transactional Banking, Payments and Merchant Acquiring to Business Lending, Credit Structuring and Business Financial Assistance in addition to specialised services and transformative digital technology and innovation. We support the full spectrum of customers’ needs from the smallest businesses to the largest corporates. Your team Business Banking Compliance is a high-performing, collaborative team of solution-focused professionals who enable strong business outcomes. We provide expert advice and oversight across regulatory and compliance risk, product design and distribution, issue and incident management, governance reporting to senior management and the Board, and manage Regulatory Affairs. Reporting to the Head of Regulatory Affairs, the Manager Regulatory Engagement plays a key role, working closely with business partners and regulators, supporting Senior Managers in Regulatory Affairs. Regulatory Affairs sits alongside Compliance Advisory and Compliance Strategy within Business Banking Compliance, manages all Business Banking regulatory engagements with Australian Financial Services regulators, including State and Territory regulators, and CommBank’s engagements with the RBA. Key responsibilities of this role include: Building effective working relationships with internal stakeholders and regulators, with guidance from senior team members. Supporting Business Banking Line 1 teams to coordinate and deliver information requested by regulators. Assisting with proactive and transparent engagement with regulators including ASIC, APRA, BCCC, RBA and ACCC. Supporting engagements with state and territory-based authorities governing statutory trust accounts relevant to specific professions. Drafting and coordinating regulatory submissions and responses, including ASIC Reportable Situations and regulatory enquiries, under appropriate supervision. Working closely with Regulatory Legal teams and other internal partners on regulatory matters. Preparing clear summaries, analysis and supporting materials for senior stakeholders. Helping ensure regulatory communications are accurate, consistent and aligned with organisational standards. Supporting Business Banking teams with guidance on regulatory obligations and engagement approaches. Maintaining accurate records of regulatory interactions, commitments and outcomes. Assisting with regulatory reporting and governance materials for Board and Executive committees. Contributing to a collaborative team environment and developing regulatory capability over time. Your skills & experience We’re looking for a motivated and adaptable team player who brings the following skills and experience: Around 5 years’ experience supporting regulatory or compliance activities within a regulated environment. Experience assisting with regulatory submissions and responses, including ASIC Reportable Situations and regulatory enquiries. Exposure to working with internal stakeholders and regulators, ideally within Financial Services or Business Banking. Strong written communication skills, with attention to detail. Good organisational skills and the ability to manage competing priorities and deadlines. Sound judgement, with the ability to seek guidance and escalate issues where appropriate. A working knowledge of ASIC, APRA, BCCC, RBA and ACCC, including an understanding of their roles, regulatory expectations and requirements within the Australian financial services environment. Alignment with CBA’s values of Care, Courage and Commitment. A degree in Law or a related discipline is preferred. Working at CommBank At CommBank, we’re committed to building a diverse and inclusive workforce reflecting the customers, businesses and communities we serve. As a value’s driven organisation, we nurture and support our people, through focusing on skill and talent development, collaboration, flexibility and internal promotion. With service in mind at every touch point, we take accountability for the role we play in securing and enhancing the financial wellbeing of people, businesses and communities. 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: 12/02/2026 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

The Manager Regulatory Engagement supports Business Banking Line 1 teams in coordinating information requests from regulators and assists with proactive and transparent engagement with various Australian financial services regulators like ASIC, APRA, and RBA. This role involves drafting and coordinating regulatory submissions and responses, preparing materials for senior stakeholders, and ensuring regulatory communications are accurate and consistent.