Do work that matters: Retail Banking Services (RBS) supports more than 10 million personal and small business customers. Within RBS, Customer Digital and AI (CDAI) delivers key retail digital banking capabilities, including the CommBank app and online banking experiences. The CommBank Yello Crew is part of CDAI and leads CommBank Yello, our customer recognition and rewards program. See yourself in our Team: As a Risk Manager for CommBank Yello, you’ll be a confident risk advisor and provide practical operational risk support across the supplier and non-supplier third-party lifecycle and change risk (CMRS) for Yello and partnerships-related initiatives. While most of your work will be third-party/supplier risk, you’ll also support change risk activities making you a key partner in delivering safe, innovative, and customer-focused outcomes. You’ll work closely with stakeholders across RBS and the Group and contribute to Yello’s long-term objectives. Your Impact: In this role you’ll provide pragmatic operational risk support to CommBank Yello and help lift risk capability across the domain. You’ll be comfortable working with ambiguity, taking ownership end-to-end, and getting things done. A key focus is helping the Yello crew build and embed supplier risk governance. You’ll use Group frameworks as your guide and create fit-for-purpose processes, routines and artefacts from scratch. On any given day, you will: Provide operational risk advice across risk in change (CMRS), controls, issues and incidents. Support onboarding and ongoing governance for suppliers including non-supplier arrangements. Support risk assessments for existing third parties, maintaining and refreshing them regularly in line with the Third-Party Supplier Governance Framework. Assess and guide supplier control assurance, including evidence requirements and remediation actions Support identification and closure of supplier-related issues and incidents, with clear recommendations and follow-through. Identify opportunities to strengthen and simplify the control environment through deep dives into business processes and technical solutions. Collaborate with the broader risk community (L1 Risk COEs, CCO, L2 Op Risk, GSRA and Compliance) We're interested in hearing from people who have: Extensive experience in operational risk (or compliance) with proven experience across risk in change, controls, issues and incidents. Supplier / third-party risk experience (highly desirable), or a strong operational risk foundation with the ability to learn and apply supplier frameworks quickly. Demonstrated ability to work autonomously and proactively, including establishing new risk routines/processes. Experience supporting complex initiatives involving data/technology, compliance or regulatory considerations. Ability to interpret technical and high-level solutions and recommend appropriate controls to manage material risks. Strong stakeholder management and clear written and verbal communication. Experience reviewing critical processes to identify “what can go wrong”, control gaps and optimisation opportunities. 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. 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. Advertising End Date: 03/03/2026