Manager Ib&M Supplier Risk Management

Manager IB&M Supplier Risk Management
Manager IB&M Supplier Risk Management
You are confident and energised by engaging with people.
This role is designed to create lasting change.
You will be part of an innovative and people-focused culture
See yourself in our team
Our Institutional Banking and Markets (IB&M) Non-Financial Risk and Conduct team is responsible for the management of non-financial risk for IB&M's global operations across Australia, Asia, Europe and North America. This includes the identification and assessment of key risks that could affect the way in which the IB&M business achieves its objectives and ensuring these are mitigated as appropriate.
The Non-Financial Risk and Conduct team is responsible for developing the non-financial risk strategy and supporting the business to proactively reduce risk exposure in the business in the context of IB&M's risk appetite. The Non-Financial Risk and Conduct team is the central conduit between the business, Line 2 risk and regulators.
Do work that matters
Reporting into the Senior Manager, Supplier Risk Management, you'll be responsible for supporting the IB&M business in proactively managing the risks associated with our supplier arrangements both domestically and internationally, and supporting the business comply with all relevant internal policy and regulatory obligations.
Your day could look like;
Ensure new suppliers to IB&M are managed in line with the Supplier Lifecycle Framework (SLF) and ensure activities are appropriately completed in collaboration with Line 2 risk and compliance, Group Supplier Risk partners and Group Procurement
Ensure risk assessments for existing suppliers are maintained and refreshed on a regular basis in line with the SLF and adequately assess the risks and controls associated with 3rd party including outsourced activities
Risk assessments are approved in accordance with the SLF and any issues requiring remediation are appropriately managed and tracked to completion
Work with business owners, IB&M international branches and Group Supplier Risk partners to ensure appropriate governance and monitoring of outsourced activities
Identify areas for remediation and ensure the Group's issues management framework is applied where required
Provide Subject Matter Expertise to IB&M domestic and international businesses on the Group Supplier Lifecycle Framework and other internal and external supplier-related requirements
Provide specialist advice on the effective design of controls for suppliers. Drive consistency in how risk profiles, risks, controls, mitigation strategies and issues are articulated, documented and assessed across all suppliers and locations within IB&M
Partner with all relevant Group teams (Procurement, Compliance, Technology, Privacy, Legal, Cyber, Financial Crimes etc.) to ensure timely delivery of the required Supplier Risk assessments.
Draft packs and papers for relevant governance forums to provide oversight and insights on key Supplier Risks across IB&M
Develop and conduct communication and training to increase awareness in relation to Supplier Risk Management
Champion and drive a continuous improvement mindset that optimises the risk culture of the business when it comes to Supplier Risk Management
We're interested in hearing from people who have;
Risk Mindset: All Commbank employees are expected to proactively identify and understand, openly discuss and act on current and future risks
Sound strategic and conceptual thinking and problem solving skills
Sound experience in Operational Risk management, experience in Supplier Risk Management is preferred
Sound inductive reasoning ability and negotiation / facilitation / influencing skills
Ability to develop constructive working relationship and effectively manage a large and varied stakeholder group at all levels of seniority across IB&M, its business partners and the Group
Ability to identify / analyse key risks / threats and opportunities, diagnose problems and issues and recommend appropriate actions
Sound organisational and project management skills
Capacity to work in a busy and agile environment with the ability to meet objectives / targets while delivering outstanding service
Understanding of financial markets and the institutional banking industry a plus
Confidence and ability to work independently
Working at CommBank
At CommBank, 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.
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Advertising End Date: 06/03/2024
Job ID REQ206105