Manager Risk and Controls Line 1, Financial Services

Financial Services (FS) partners with all areas of CommBank to provide specialist advice on financial management and strategy. This advice covers finance, audit, treasury, investor relations, environmental, property and procurement. The FS Line 1 Risk Oversight (FS L1RO) team governs and supports the lines of business within Financial Services in achieving excellence in risk management and operating an effective control environment. FS L1RO aims to achieve a demonstrable uplift in risk management and controls activities across Financial Services.

Do work that matters

Your role is to support the FS L1RO team in providing robust oversight, governance, and management of non-financial risks and controls within Financial Services. You’ll be responsible for driving consistency, simplicity and efficiency into the risk reporting and governance processes. You will engage and influence a broad range of stakeholders to uplift risk capability across FS.

This is a broad and dynamic role where the ability to engage a large and varied stakeholder group and translate policy into practice is a critical success factor.

See yourself in our team

This role is wide reaching which includes, however not limited, to the following:

Responsible for preparing risk reporting for FS non-financial risk committees and forums, ensuring that high-quality, relevant and consistent information is provided to oversee and manage operational and compliance risk and to facilitate decision-makingApply experience and knowledge to identify opportunities for improvement in risk reporting processes including automation, and drive uplift design and implementationResponsible for the design and implementation / support the business to design and implement controlsResponsible for ensuring risks are profiled and captured in the Risk Profile (RCSA) and update when risk trigger events occurManage root cause analysis of issues and incidents, identifying and implementing control improvementsConduct and manage Control Assurance Program (CAP) testing, including the development of test scripts, and report on assurance findingsPrepare information to support the strategic planning process and conduct analysis, tracking and reporting on the Risk Appetite Statement (RAS)Administer governance forums, including preparation, minuting and action managementParticipate in Group wide working groups for improving the risk and control environment, with a view to manage impacts and positively influence outcomes for FS

We’re interested in hearing from people who will aspire to

Self-driven, proactive and able to work independentlyAbility to analyse/identify risks and opportunities then recommend appropriate actions and controlsFacilitation, influencing and consulting skills, the ability to build relationships with stakeholders at all levelsAbility to navigate ambiguity and apply professional judgementStrong written and verbal communication skillsStrong problem solving and analytical skillsProven ability to lead change and process improvement4+ years of experience in finance or accountingTertiary Qualifications – hold a tertiary qualification in accounting, finance, or an equivalent business-related disciplineAccounting qualification – CPA or CA

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.

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Advertising End Date: 18/08/2026