Senior Analyst, Strategic Initiatives - Financial Crime Operations at Commonwealth Bank

Sydney, New South Wales, Australia -

Full Time

Start Date

Immediate

Expiry Date

12 Mar, 26

Salary

0.0

Posted On

12 Dec, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Crime, Regulatory Operations, Data Analysis, Process Automation, Stakeholder Management, Project Delivery, Risk Management, Communication, Problem Solving, Change Management, Quality Control, Operational Processes, Workforce Planning, Capability Uplift, Compliance, Technical Concepts

Industry

Financial Services

Description

Do work that matters: Join our Financial Crime Operations (FCO) Strategy & Performance team and be a part of our mission to eradicate financial crime. We are looking for a dedicated Senior Analyst Strategic Initiatives to support Financial Crime Services in achieving our vision: “To relentlessly pursue the elimination of financial crime.” FCO is accountable for the development, implementation and ongoing leadership of the Group’s financial crime operations shared service. FCO leads the Group’s approach to managing Anti-Money Laundering and Counter Terrorism Financing (AML/CTF), Sanctions risks and obligations through the provision of AML/CTF, KYC, Sanctions, ECDD and other operational services. The Role: You will be part of the FCO Strategic Initiatives & Governance function, responsible for supporting and enhancing the performance of FCO operational teams via strategic projects, workforce planning, capability, change, quality control as well as uplift across policy, process and risk. As a Senior Analyst Strategic Initiatives, you will support FCO by identifying and implementing opportunities in multiple initiatives to streamline and enhance processes. Enabling productivity and quality uplift, and ongoing compliance to the ever-changing nature of financial crime operations. Your efforts will directly contribute to enabling our operational teams to provide world-class prevention and detection of financial crime and safeguard the Group and wider community through our expertise, insights and quality. On any given day you will: Rigorously challenge process, people, and technology designs to identify and prioritise opportunities to increase capacity, decrease risks, eliminate errors & rework, and improve end-to-end customer and colleague experience. Identify opportunities for process automation and partner with technology partners to implement changes. Translate financial crime policies and standards into operational processes and business requirements. Assess and document the Current and Future states of business functions and processes to identify and recommend improvements. Support the project delivery / scrum team to break down work and translate requirements into functional specifications using appropriate method (e.g. backlog creation, user stories, etc.). Identify relevant stakeholders, select appropriate techniques and processes to derive and manage requirements. Define problems and opportunities. Perform data analysis that can be used to support or challenge business initiatives; and achieve desired customer outcomes. Effectively communicate requirements to stakeholders and manage conflicts, issues, and changes across various BUs i.e. Maintain effective relationships across FCS, FCC and other BUs Work with stakeholders to understand their needs, concerns and operating environment to define clear problem statements. Contribute to the conversion of business needs into functional designs with the intent of achieving desired outcomes. Contribute to assessment of dependencies and associated risk and compliance implications of requirements and solutions. Assist with developing and delivering on a roadmap of initiatives We’re interested in hearing from people who: Have demonstrated experience within Financial Crime, regulatory or law enforcement operations. Are a self-starter who is pragmatic, adaptable, curious and eager to learn about new processes and policies. Are confident to question, truly understand and constructively challenge to find better ways to do things. Are able to present business and technical concepts in simple terms. Are able to work well with dynamic technical teams, business stakeholders and 3rd party providers. Have a risk Mindset to proactively identify, understand, openly discuss and act on current and future risks. Are confident communicators who influence and collaborate effectively with a diverse range of stakeholders and influence decision-making at all levels of the business. Are able to take ownership of work and deliver outcomes in an ambiguous or changing environment. From here, the opportunities are endless At CommBank, we’re determined to make a real difference for Aboriginal and/or Torres Strait Islander Peoples. You’ll be part of a community that’ll support you professionally and personally, every step of the way. Beyond your team, you’ll also have the opportunity to network across our Indigenous Employee Network, linking to other Aboriginal and/or Torres Strait Islander employees across CommBank. We support our people with the flexibility to balance where work is done, with at least half their time each month connecting in the office. 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: 19/12/2025 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

The Senior Analyst will support the Financial Crime Operations by identifying and implementing opportunities to streamline and enhance processes. This role involves rigorous analysis of processes, technology, and stakeholder needs to improve operational efficiency and compliance.