Senior Manager Compliance at Commonwealth Bank
Sydney, New South Wales, Australia -
Full Time


Start Date

Immediate

Expiry Date

28 Nov, 25

Salary

0.0

Posted On

28 Aug, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Good communication skills

Industry

Banking/Mortgage

Description

SEE YOURSELF IN OUR TEAM:

The Compliance function consists of teams aligned to each business and support unit, as well as central teams, driving better compliance, regulatory and customer outcomes across the CommBank Group.
You will be joining the high-performing Line 2 Business Banking (BB) Compliance team at an exciting time, supporting CommBank’s ambitious BB growth agenda. In a newly established team seen as crucial business partner for BB and the wider Compliance function, you’ll report to the BB Compliance Executive Manager - Strategy, Framework and Execution and provide Line 2 Compliance advice and support, working across BB and closely with the broader BB Compliance, Central Compliance and Line 1 Risk teams.

Responsibilities
  • Providing extensive compliance advice in relation to Open Banking and Consumer Data Right obligations across Business Banking Lines of Business, including CommSec, Everyday Business Banking, and Business Lending.
  • Collaborating closely with Retail Banking Services to ensure business unit alignment across the Group.
  • Proactively advocating for continuous improvement, including ensuring recommendations and deliverables are sustainable and consistent for the Group.
  • Assessing Business Banking Incidents against regulatory obligations and working in accordance with the Compliance Framework.
  • Supporting engagement with key regulators (ACCC, OAIC), including drafting correspondence and exemption requests.
  • Reviewing customer communications (including CommBank website) and internal collateral, including customer consent flows, email notifications, Standard Operating Procedures, and educational communications.
  • Act as the subject matter expert for Open Banking and Consumer Data Right within Business Banking.
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