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Product owner and value stream lead

Sydney
Commonwealth Bank
Posted: 14 February
Offer description

* Y ou're an accomplished Product Owner / Value Stream Lead with a deep customer obsession and a passion for delivering measurable business outcomes

* You thrive in complex, regulated environments and know how to balance pace, innovation and strong risk discipline

* Together, we're building tomorrow's bank today for our business customers

See Yourself in Our Team

At CommBank, our purpose is building a brighter future for all. We're committed to reimagining customer experiences, leading in technology and AI, and delivering simpler, safer and better banking.

CommBiz sits within Business Banking's Digital & Transformation portfolio and supports thousands of Business and Institutional customers to manage their day-to-day banking.

CommBiz Reinvented is a major modernisation program transforming our flagship digital platform for business and institutional customers. We're reshaping CommBiz to be a globally leading digital experience — intuitive, insight-led, resilient and future- ready .

We are currently hiring two Product Owners (Executive Manager level) reporting to the Crew Lead, CommBiz Reinvented.

Do Work That Matters

As a Product Owner and Value Stream Lead, you will:

* Set the vision, strategy and roadmap for your value stream

* Deliver customer value, manage delivery, risk and platform evolution

* Manage cross-functional squads across Product, Technology, UX, Data and Risk

* Translate enterprise strategy into tangible outcomes for business customers

* Drive innovation that positions CommBiz for the future, including technology and AI-enabled processes and experiences

* Deliver measurable improvements in customer satisfaction and digital NPS

* Embed cyber, resilience and risk excellence into everything we build

You will operate as an enterprise leader — influencing stakeholders, shaping trade-offs, and ensuring delivery is aligned to Business Banking's broader strategic agenda.

On Any Given Week, You Will

* Define and evolve your squad and your value stream roadmap

* Own backlog prioritisation and make clear, outcome-based trade-offs

* Partner with Technology and enterprise service domains to execute transformation initiatives

* Influence senior stakeholders (GM+ level) and represent CommBiz in key forums

* Remove blockers and create clarity across squads

* Drive delivery at pace while maintaining strong risk and compliance outcomes

* Lead with a true product mindset — focusing on product market fit, building alignment and simplifying complexity

We'd Love to Hear from You If You Have

* Proven end-to-end product ownership in agile or scaled agile environments

* Experience leading large-scale digital, technology or transformation initiatives

* Strong background in Business, Corporate or Institutional customer solutions

* Demonstrated success delivering digital, payments, platform or ecosystem innovation

* Experience working with AI-enabled use cases or domain transformation (desirable)

* Exceptional stakeholder leadership and executive presentation capability

* Strong commercial acumen and analytical depth

* A courageous, accountable and customer-first leadership style aligned to our values of Care, Courage and Commitment

Why Join Us?

This is a rare opportunity to:

* Shape the future of Australia's leading digital business banking platform

* Influence enterprise-level strategy and technology transformation

* Deliver market-leading customer experiences

* Lead exceptional cross-functional teams

* Play a critical role in achieving our ambition of NPS +30 and building tomorrow's bank today

If you're a collaborative enterprise leader who obsesses over customers, leads as an owner, and wants to create meaningful impact at scale — we'd love to hear from you.

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

Advertising End Date: 01/03/2026

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