Role purpose

The Manager - Market and Liquidity Risk will support the CommSec Line 2 Financial risk team across financial risk modelling, capital, analytics and oversight across market and liquidity risk profile. The role is responsible for strengthening risk measurement frameworks, stress testing, scenario analysis, risk appetite monitoring and model governance to support effective management of CommSec’s financial risks.

You will provide technical leadership across market risk, liquidity risk, collateral adequacy, concentration risk, margin-related exposures and financial risk reporting, partnering closely with stakeholders across Risk, Product, Finance, Technology, Data and the business.

This is a secondment opportunity until 30 June 2027.

Key responsibilities

- Contribute to the development, enhancement and governance of financial risk models across market risk, liquidity risk, collateral coverage, stress testing and concentration risk.

- Improve methodologies used to measure CommSec’s exposure to market movements, liquidity demands, client concentrations, collateral adequacy and margin requirements.

- Provide oversight of KRIs, RAS metrics, early-warning indicators and limit frameworks.

- Perform stress testing and scenario analysis to assess portfolio, client, security and book-level risk exposures for the CommSec suite of products.

- Review and challenge model assumptions, data quality, methodology choices and reporting outputs.

- Translate complex risk modelling outcomes into clear insights and recommendations for senior stakeholders and governance forums.

- Partner with Technology and Data teams to improve automation, controls, data lineage and reporting infrastructure.

- Ensure financial risk models and reporting processes are well documented, controlled and aligned with model risk governance expectations, including through policy authorship.

- Lead engagement with business stakeholders, Model Risk, Internal Audit and governance forums on model methodology, findings, limitations and remediation actions.

About you





You are a financial risk professional with solid quantitative capability, practical market-risk judgement and the ability to communicate complex modelling outputs clearly. You are comfortable challenging assumptions, influencing senior stakeholders and improving frameworks in a fast-moving financial services workplace.

Your skills and experience

- Experience in market risk, liquidity risk, traded risk, treasury risk, quantitative risk analytics or financial risk modelling will be highly valued.

- An understanding of stress testing, scenario analysis, exposure modelling, collateral risk, concentration risk and liquidity-risk measurement.

- Knowledge of financial markets products, ideally including equities, exchange-traded options, margin lending, collateral and settlement risk.

- Analytical skills using tools such as Python, SQL, R, SAS, Excel/VBA or similar.

- Ability to prepare senior-level reporting, methodology papers, risk commentary and governance materials.

- Strong stakeholder-management skills, including experience presenting to senior management or risk committees.

- Postgraduate qualification in quantitative finance, statistics, mathematics, actuarial studies, economics, finance, engineering or a related field.

At CommBank, we're committed to creating an accessible, inclusive and respectful workplace. If you require support or adjustments, please let us know. We welcome applications from people of all backgrounds and we're particularly committed to making a positive difference for Aboriginal and/or Torres Strait Islander Peoples. For support please contact 1800 989 ***.

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: 14/10/2026

📌 Market and Liquidity Risk Manager (8 Month Secondment) (Sydney)
🏢 Commbank
📍 Sydney