Senior Audit Manager, Models, AI and Data
Lead enterprise-wide model and AI risk assurance at enterprise scale
Influence strategy, regulation and risk outcomes across the Group
Senior leadership exposure across Audit, Technology and Risk
Do work that matters:
You'll help shape how CommBank governs, develops, validates and monitors models and AI by providing independent assurance that supports innovation, regulatory confidence and long-term sustainability.
This role provides independent assurance over the Bank's model risk framework and modelling practices across credit risk (APS 113), market risk (APS 116), interest rate risk in the banking book (APS 117), fraud detection and other decisioning models. You will also oversee AI and emerging model methodologies, including AI where relevant.
See yourself in our Team:
You'll be a senior leader within Group Audit & Assurance, part of an award-recognised internal audit function. The Models, AI and Data Audit team partners closely with audit, risk and business leaders to provide deep expertise across AI, GenAI, Agentic AI, models and data risk. We operate at the intersection of risk, regulation, quantitative modelling and governance.
Your Impact:
Lead complex, high-risk AI and model audits and advisory engagements
Provide independent assurance over model development, validation, implementation and ongoing performance monitoring
Assess compliance with prudential standards including APS 113, APS 116, APS 117 and broader CPS 220 expectations
Shape audit strategy and risk-based scoping across models, AI and data themes
Act as a senior SME and trusted advisor to Audit leadership and stakeholders
Build strong partnerships across Technology, Risk, Legal and Compliance
Coach and develop talent within the audit team
We're interested in hearing from people who have:




Strong academic background in a quantitative discipline (e.g. mathematics, statistics, econometrics, physics, engineering or similar)
Extensive experience in audit, risk, compliance or assurance roles
Deep experience in model development, model validation, model risk and quantitative risk management
Strong familiarity with APRA prudential standards relevant to models, particularly APS 113, APS 116 and APS 117
Understanding of AI governance and model risk management
Experience engaging with senior leaders and regulators
Ability to balance technical depth with commercial judgement
Excellent leadership, communication and influencing skills
If this sounds like your next career opportunity, please apply now!
Why join us?
Lead one of the most progressive models and AI risk audit portfolios in the market
High visibility role influencing enterprise-wide risk outcomes
Strong leadership pathways and professional development
Inclusive, flexible and purpose-driven culture
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. We also have many other adaptable working options available including changing start and finish times, part-time arrangements and job share to name a few. Talk to us about how these arrangements might work in the role you're interested in.
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.
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Advertising End Date: 24/03/2026

📌 Senior Audit Manager Models, Ai And Data (Sydney)
🏢 Commonwealth Bank Of Australia
📍 Sydney