At Commonwealth Bank of Australia, we strive to support flexibility.
We are the leading provider of integrated financial services in Australia, committed to continuously improving governance practices and ensuring they align with business, stakeholders', and customers' needs.
In Financial Services, we partner with various areas of CommBank to provide specialist advice, support, and services in finance, audit, treasury, property, procurement, climate strategy, and investor relations.
Do work that matters.
Your role is to support the Group CFO, Executive Leadership Team, and the Board in making efficient and confident decisions on the investment portfolio and inform them on its effectiveness and efficiency.
You will provide leadership across key areas including:
* Overseeing a professional and highly valued audit service for the business and Group's Audit & Risk Committees.
* Providing objective assurance on risk management to key stakeholders (e.g. Group Executives and their leadership teams) to secure the financial wellbeing of the Bank's customers.
* Identifying issues together with risk and commercial insights as part of high-quality audit reports, which help customers make informed decisions.
See yourself in our team.
The Group Audit and Assurance team provides independent and objective assurance of the effectiveness of the Groups risk management, controls, and governance processes.
We aim to keep pace with digital technology and continually reimagine ourselves with the latest global best technology and innovation.
To meet evolving customer expectations and the pace of change, we support the business with new insights and risk coverage that puts customers first and continue to provide insightful assurance to the Board.
We have embedded digital assurance into audit activities, injecting Artificial Intelligence (AI) into routine control testing and using digital tools to improve the overall experience for employees.
The next phase of our transformation enables continuous, data-driven assurance across the 3LoA.
We're interested in hearing from people who will aspire to:
* Assist the EM in building a dynamic, risk-based Audit Plan and provide input to refresh this at least quarterly to capture key and emerging risks.
* Oversee effective and efficient assurance to enable complete and collaborative delivery of the Regulatory Compliance and Financial Crimes Audit Plan.
* Effectively lead and participate in all aspects of audit (Planning, Fieldwork, Reporting, and Audit closure) and ensure delivery against set timelines, proactively identifying and addressing any issues through to audit closure.
* Administer audits within the audit electronic workflow system, including high-quality working paper documentation, key date fields, audit status, and timely approval of key audit stage gates.
* Test Privacy Compliance requirements by re-engineering and identify opportunities for process improvements in auditable areas.
* Draft and review issues based on issue writing standards, agree on factual accuracy with the Auditee. Support the EM in presenting Very High and High-risk rated issues to the Management.
* Prepare simple, pragmatic, and easy-to-read reporting for EM's review, including audit reports and inputs to senior management and Board committees.
* Support the QA program by delivering QA file reviews, adhering to QA standards, and addressing any QA feedback promptly and effectively.
* Use analytics during audits to drive efficiency and provide deep risk insights (e.g. KRI monitoring to drive audit scope, targeted sample selection, and audit testing).
* Collaborate with audit peers and management to provide a holistic end-to-end view of risks across business and functions.
* Support the EM in building and sustaining independent objective relationships with Line 1, Line 2 risk management, Project Steering committees, professional services firms, and external auditors to ensure appropriate assurance coverage is provided.
Other qualities you may possess include:
* Excellent commercial acumen.
* Strong analytical and commercial skills with demonstrated ability to draw insights from analysis.
* In-depth understanding of the risk and control environment together with a good working knowledge of relevant policies.
* Demonstrated information governance and risk management experience as well as knowledge of data protection and/or privacy.
* Familiarity with national and international privacy laws and regulations, with an understanding of the privacy regulations relevant to the Australian market.
* Ability to demonstrate independence and objectivity when faced with challenging and/or controversial decisions.
* Demonstrated capability to build and maintain relationships, both internally and externally, across functions and experience levels, and successfully embed and reinforce a strong compliance culture.
* Exceptional influencing skills and ability to manage through influence in a matrixed organisation.
* Highly proficient analytical and writing skills together with sound strategic and tactical understanding of the appropriate handling of procedural and process issues.
* Self-starter with ability to self-direct as needed.
* Proven problem-solving and change management skills.
* Data protection and exposure on policies and procedures on privacy.
* Privacy impact assessment, privacy governance model.
Working with us means:
We advocate and facilitate a culture of inclusion and respect, celebrating all cultures, abilities, genders, expressions of gender, and sexual orientation.
Our people bring their diverse backgrounds and unique perspectives to build a respectful, inclusive, and flexible workplace.
We are working hard to recruit people who represent the diversity of our customers and society.
If you're excited about this opportunity but don't meet every single requirement, or your experience doesn't align perfectly, we still want to encourage you to send in your application.
At CommBank, we inspire you with work that makes a difference, surround you with talented people who 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 everyday.
We're determined to make a real difference for Australia's first peoples. We encourage all interested applicants to apply.