Overview
The Commonwealth Bank of Australia (Bank) is Australia's leading provider of integrated financial services. They are committed to continuously improving governance practices and ensuring that they are aligned with business, stakeholders and customers’ needs.
Institutional Banking and Markets (IB&M;) is responsible for managing the Group’s relationships with major corporate and government clients and institutional investors, and provides a full range of capital raising, transactional and risk management products and services. IB&M; Finance supports the business in providing financial control, financial analysis and insight, product control, regulatory accounting and related project and strategy implementation support. Product Control is a global team responsible for the independent oversight and financial control of the Global Markets business, including daily P&L; production and analysis, month end accounting, General Ledger balance sheet reconciliations and other tasks across the full product range.
Responsibilities
- Lead the daily and monthly P&L; reporting and reconciliation for Commodities & Carbon desks.
- Partner with trading desks, finance, and risk teams to investigate and resolve trade, position, and cash exceptions.
- Drive system and process enhancements to improve reporting accuracy and operational efficiency.
- Provide strategic input into new product initiatives, including carbon markets and electricity expansion.
- Manage audit walkthroughs and support governance forums such as NFRC and PC forums.
- Ensure compliance with internal control frameworks and contribute to non-financial risk reporting.
Qualifications
- Typically 5+ years in Product Control or a closely related field, ideally at Senior Manager level.
- Strong understanding of traded market risk products, including complex derivatives.
- Proven leadership experience with inclusive and outcome-driven style.
- Demonstrated success in delivering systems/process uplift and automation, using VBA, SQL, Tableau Prep, PowerBI, Alteryx or similar tools.
- Deep knowledge of risk management and internal control frameworks.
- Accounting qualification – CPA, CA, CFA or similar.
Working with us means
Whether you’re passionate about customer service, driven by data, or called by creativity, a career here is for you. We advocate and facilitate a culture of inclusion and respect, celebrating all cultures, abilities, genders, expressions of gender and sexual orientation. Read more about our commitment to inclusion and diversity on our website.
Our people bring their diverse backgrounds and unique perspectives to build a respectful, inclusive and adaptable workplace. We are working hard to recruit people who represent the diversity of our customers and our society. If you\'re excited about this opportunity but you don\'t meet every single requirement, or your experience doesn\'t align perfectly, we still want to encourage you to send in your application. You may just be the perfect candidate for this opportunity or another within CommBank.
Additional information
At CommBank we will inspire you with work that makes a difference, surround you with talented people that respect and value each other, and empower you to grow professionally and personally. Most of all, making a positive impact for customers, communities and each other is part of our every day.
We’re determined to make a real difference for Australia’s first peoples. We encourage all interested applicants to apply. If you’re already part of the Commonwealth Bank Group (including Bankwest), 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.
Apply Now to live your best life, by doing your best work with us. 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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