Operational Risk and Compliance Specialist Opportunity
We are seeking an experienced professional to strengthen our Retail Operations division's risk and compliance capabilities.
This role offers a unique opportunity for operational risk professionals to broaden their impact across a new business area, particularly in retail banking or home lending environments.
You will be a proactive and autonomous risk partner to our Everyday Banking Operations team, delivering line of sight risk advisory services.
Risk Advisory & Change Management:
* Lead and own risk assessments for business and product change initiatives.
* Advise on emerging risks and control implications.
* Perform and lead proactive risk identification initiatives.
Operational Risk & Compliance:
* Design, implement, and assess controls aligned to operational and compliance risk frameworks.
* Drive control uplift initiatives and support control assurance activities.
* Lead structured root cause analysis and resolution planning for incidents.
Risk Reporting & Governance:
* Draft reports and deliver insights through dashboards and trend analysis.
* Enhance data quality across systems and support external assurance activities.
What You Will Bring
We are looking for a candidate who combines technical depth, commercial practicality, and strong stakeholder influencing skills:
* Proven experience in operational risk and compliance within financial services.
* Expertise in control design, implementation, and assurance.
* Strong communication and advisory skills.
* Resilience, adaptability, and ability to navigate complex stakeholder dynamics.
* Tertiary qualifications in risk, business, or related disciplines and professional certifications are advantageous.
Development Opportunities
At Commonwealth Bank, we are committed to building a diverse and inclusive workforce reflecting the customers, businesses, and communities we serve.
As a values-driven organisation, we nurture and support our people through focusing on skill and talent development, collaboration, flexibility, and internal promotion.
Our company is removing non-core functions from its portfolio to focus on core banking operations. We are scaling up new technologies to better meet customer needs.