Senior Analyst Operational Risk at Commonwealth Bank

Sydney, New South Wales, Australia -

Full Time

Start Date

Immediate

Expiry Date

26 Jan, 26

Salary

0.0

Posted On

28 Oct, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Risk Management, Compliance, Stakeholder Management, Critical Thinking, Data Analysis, Control Testing, Monitoring, Assurance, Problem Solving, Communication, Teamwork, Accountability, Curiosity, Operational Risk, Financial Services

Industry

Financial Services

Description

Full time, Permanent role Hybrid working Supportive and collaborative team with development opportunities See yourself in our team: Risk Management (RM) is responsible for developing and communicating CBA’s risk management frameworks to allow CBA to take conscious exposures to credit, market, operational, compliance and insurance risks within the approved risk appetite. This team provides Line 2 operational risk and compliance oversight for the Group Support Units (GSU) which includes Marketing, Corporate Affairs, Finance, Property, HR, Strategy, Mergers Acquisitions and Divestments, Legal, Group Secretariat, Speak-Up, Environmental and Social, Customer Advocate and Risk Management. See yourself in the team: As an Operational Risk Senior Analyst, you will support the Senior Manager and Executive Manager to embed and monitor adherence with the Operational and Compliance Risk Management Frameworks. Your day could look like but not limited to: Supporting operational and compliance risk management activities such as assessment of risks, controls, issues and incidents, with a focus on identifying root cause and providing relevant insights based on risk and compliance data; Having a pragmatic approach and exercising judgment to ensure compliance with the risk frameworks while maximising the benefit for the business and customers; Monitoring external and internal data to proactively identify and pursue meaningful risk activity; Supporting ‘deep dives’ and other reviews to provide assurance and an independent Line 2 opinion on risk and compliance management; Supporting the preparation of reporting for Non-Financial Risk Committees or other risk reporting as needed; Building strong working relationships with Group functions, Line 1 risk and business stakeholders. What successful candidates will look like? We work in an outcomes driven environment, where the emphasis is on great team-work to achieve results. Ideally you will bring experience with risk and compliance, gained within financial services. You will also be able to demonstrate sound stakeholder management and critical thinking capabilities, with the ability to derive insights from qualitative data. We're interested in hearing from people who have: Risk management/Audit/Consulting experience in banking or professional services highly advantageous Demonstrated experience in monitoring/assurance activities, including control testing, issues and incidents monitoring; A demonstrated self-starter with a strong sense of accountability and curiosity. 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. 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: 04/11/2025 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

As an Operational Risk Senior Analyst, you will support the Senior Manager and Executive Manager to embed and monitor adherence with the Operational and Compliance Risk Management Frameworks. Your role includes assessing risks, controls, and incidents while providing insights based on risk and compliance data.