Director Risk and Control Advisory
Institutional Banking and Markets (IB&M;)
is responsible for
managing the Group's relationships with major corporate and government clients and institutional investors, and
provides
a full range of capital-raising, transactional and risk management
products
and services.
The Institutional Transaction Banking business leads account management
activity
to deliver scalable and client-centric transaction banking solutions for our institutional clients. The business brings together product distribution, client service, data management, and transformation activities under a unified operating model.
As a Line 1 Risk Advisor, you
are responsible for
partnering with the business to support effective management of non-financial risks and regulatory obligations across the business portfolio.
You will provide trusted risk advice and constructive challenge to business stakeholders, helping ensure risks are appropriately
identified
, assessed,
managed
and
monitored
in line with the Group's risk appetite, regulatory
expectations
and operational risk framework.
Working closely with business leaders, business
teams
and Line 2 partners, you will support the ongoing enhancement of the control environment, drive accountability for risk ownership and contribute to a strong risk culture that delivers fair customer outcomes and sustainable business performance.
Key Accountabilities
Partner with business stakeholders to
identify
, assess and manage operational, conduct and regulatory risks
Provide practical risk advice and constructive challenge to support informed decision-making
Support business leaders in managing risks within appetite and escalating emerging concerns appropriately
Build trusted relationships with stakeholders to influence risk outcomes and strengthen risk ownership




Risk & Control Management
Facilitate risk and control assessments, ensuring risks are appropriately understood and managed
Support the design,
implementation
and ongoing monitoring of key controls
Identify
control weaknesses, emerging
risks
and opportunities to improve control effectiveness
Monitor risk indicators and metrics to provide insights into the health of the control environment
Incident, Issue & Remediation Management
Support the investigation and assessment of incidents, near misses and control breakdowns
Contribute to root cause analysis and development of sustainable remediation actions
Monitor issue remediation activities and challenge progress where
Ensure incidents and issues are managed
in accordance with
governance and reporting requirements
Change & Emerging Risk
Provide risk support and challenge for business initiatives,
projects
and change programs
Assess impacts arising from regulatory,
operational
and strategic change
Identify
emerging risks and support proactive mitigation strategies
Contribute to thematic reviews and deep dives to
identify
systemic risk themes and improvement opportunities
Governance & Reporting
Prepare risk reporting, insights and analysis for governance forums and leadership teams
Support governance committees through quality reporting, action
tracking
and risk insights
Escalate material risks,
incidents
and issues in
a timely
and transparent manner




Risk Culture & Capability
Promote a culture of accountability,
transparency
and constructive challenge
Support risk capability uplift across the business through coaching and education
Reinforce robust conduct and risk management behaviors through
day to day
engagement
Act as a role model for effective Line 1 risk ownership
We're
interested in hearing from people who have:
Experience in
Non-Financial Risk, Conduct or Compliance roles within Business or Institutional Banking with Product and/or Distribution experience
Subject matter
expertise
in transaction banking and data risk within Banking or Financial Service organisations
Strong understanding of risk management frameworks, control
environments
and regulatory obligations
Experience leading risk assessments, incident management, issue
remediation
and governance activities
Demonstrated ability to provide constructive challenge and influence business stakeholders
Strong analytical,
problem-solving
and critical thinking skills
Excellent communication and stakeholder management capabilities
Ability to balance commercial
objectives
with disciplined risk management
A proactive mindset, strong
judgement
and commitment to fostering a positive risk culture
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: 06/07/2026

📌 Director Risk And Control Advisory (Sydney)
🏢 Commonwealth Bank Of Australia
📍 Sydney