Address
Form of workSee yourself in our team
Business Banking (BB) offers a wide range of services and solutions to small to medium businesses, enterprises and large corporations, regional and agribusiness customers, as well as stockbroking and margin lending services to retail customers.
The BB Line 1Risk and Controls teams are aligned to product teams to support them in meeting their strategic objectives. You will be supporting the Merchants product team in executing their end-to-end responsibility for the management and oversight of risks across the entire value chain of their products and suppliers. This includes effectively identifying, understanding and managing risks to ensure the business is operating within BB risk appetite.
Do work that matters
As a Senior Analyst Risk and Control Line 1, you will be responsible for supporting the Merchant Solutions product teams with end-to-end management of risks and compliance obligations, including identification and assessment of risks and compliance obligations applicable to the business profile, development and assessment of controls, as well as management of issues and incidents. You will be a trusted advisor for all Risk and compliance matters, which include providing advice to the product teams and ensure adherence to regulatory and policy requirements.
Key responsibilities
Business Profile Management: ensuring risks and obligations are identified, captured in the Business Profile and assessed in accordance with the Risk and Control Self-Assessment (RCSA) Standard and Procedure and the Obligation Management Standard (OMS) and the Risk in Change (RIC) Standard.
Controls: supporting the product team with development and assessment of controls to mitigate identified risks, including risks that arise from changes to systems, processes and operations. Overseeing the Control Assurance Program (CAP) testing, including coaching and guidance to team members on process, the development of test scripts and reporting on assurance findings.
Issue and Incident Management: overseeing and providing guidance to the product teams with regards to issues and incident management, including conducting root cause analysis, identifying and implementing control uplift, as well as completion of remedial actions.
Risk Culture: drive a proactive risk culture through collaboration with business partners and Line 2 teams to determine the optimal course of action of Risk and change matters.
Data quality: ensure data quality in risk management system (RiskInSite) to support senior business leaders in effective governance, oversight and management of operational risks.
We are interested in people who have
Business knowledge: sound understanding of the Merchants business and its strategic priorities.
Risk and Compliance mindset: knowledge/experience in Operational Risk and Compliance Management Frameworks; ability to analyse/identify risks and recommend appropriate actions; experience in Risk in Change is highly regarded.
Effective stakeholder management skills: ability to build relationships and manage different stakeholder’s expectations.
Strong communication skills: ability to communicate effectively with stakeholders across different teams and different levels of seniority.
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.
