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Senior legal counsel – payments and business banking

Sydney
Commonwealth Bank
Compliance Director
Posted: 4 June
Offer description

Overview

Join the legal team supporting Payments and Everyday Business Banking at CommBank. We are a collaborative group of experienced lawyers advising on strategic initiatives, product innovation, and complex legal and regulatory matters across banking, payments, and digital channels.

Responsibilities

You will advise on a broad range of matters, including:

* Payments, retail and business banking and financial services regulation
* Core transaction banking products including deposit accounts and payment acceptance
* New payments, digital and technology-enabled products and services, including API-enabled and AI-supported solutions
* Customer terms and bespoke commercial agreements
* Strategic commercial transactions and complex contracting
* Regulatory change, risk and business transformation initiatives
* Customer issues including scams, complaints, breach reporting and remediation

You will collaborate closely with product, risk and compliance stakeholders and other legal teams, providing practical advice on complex and often novel issues in a fast‐paced environment.

Qualifications

* Approximately 7–12 years of relevant post‐admission experience, including at least 4 in private practice
* Experience advising on complex matters within financial services, payments, fintech or technology environments (desirable)
* A solid understanding of relevant regulatory frameworks such as financial services and payments regulation, privacy, AML, and consumer protection
* Strong legal judgment and technical capability, with the confidence to guide practical, compliant solutions where regulatory or customer risks arise
* Strong communication skills and the ability to engage effectively with stakeholders across a broad range of functions and seniority levels
* A collaborative and solutions‐focused approach, with a genuine interest in technology and digital transformation
* Integrity, humility and a strong team mindset, including openness to feedback and peer review

We welcome applications from experienced practitioners seeking challenging work, a strong team culture and the opportunity to continue broadening their practice and professional capability.

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