The Commonwealth Bank of Australia (Bank) is Australia's leading provider of integrated financial services. They are committed to continuously improving governance practices and ensuring that they are aligned with business, stakeholders and customers’ needs.

The Financial Services division, led by the Group CFO, partners with all areas of the Commonwealth Bank to provide financial control and specialist advice on financial management and strategy. This advice covers finance, audit, treasury, investor relations, security and property. 

See yourself in our team

Group Treasury forms part of the wider Financial Services division.  Group Treasury is responsible for the Group’s funding and liquidity management, capital forecasting and execution, and asset and liability management. Group Treasury works closely with the business units across a number of areas providing strategic assistance and advice to support the decision-making processes of the Asset & Liability Committee (ALCO), Executive Committee and the Board.

Group Treasury Finance provides management accounting and product control support for Group Treasury Front Office operations, including Portfolio Management (Asset & Liability Management, Liquidity Investment Portfolio [LIP]), Group Funding & Liquidity and Capital & Regulatory Strategy desks.  It also provides daily and monthly accounting and performance management and planning for front office desks, the Treasury leadership team and Group Finance.

Do work that matters

The Group Treasury Finance team collaborates closely on issues so the interaction and resources between team members is flexible. Your role is to manage the daily reporting process for Chief Investment Office within the Group Treasury Finance team.

Some of the key areas you will be providing support include:

• Key interface between Treasury Front Office, Business Units, Group Finance and Risk teams
• Manage a calendar of Treasury Finance management reporting deliverables
• Advisory role on reporting process improvements and support to related projects.
• Seek customer feedback, address issues in the context of continual process improvement and provide a high level of customer service. 
• Assist on the continuous improvement agenda of the Treasury Finance team

Your Responsibilities:

• Management Reporting: Manage range of management reporting outputs including:
  • Daily P&L Reporting process for Group Treasury Chief Investment Office (CIO) in particular for Asset & Liability Management (ALM) Desk and Liquids Investment Portfolio (LIP)
  • Month end reporting – Management Pack analysis for Chief Investment Office
• Daily Performance Analysis: Ongoing oversight on Chief Investment Officer NII & OBI performance reporting analysis issues, including engagement with counterparties in Product Control & Transfer Pricing teams.
• Project Support: Support as a business user key ongoing transformation and continuous improvement projects.
• Continuous Process Improvement: Drive a culture of continuous improvement to streamline and optimize existing processes.
• Change Control: Ensure continuity of delivery from automation solutions through a thorough change control process.
• Financial & Balance Sheet Controls: Coordinate a regular review of key Treasury balance sheet positions for Group Treasury Chief Investment Office. Support periodic review of financial reporting controls and reconciliations in line with group policy. Implement all audit recommendations as per agreed deadlines.
• Statutory Reporting: Support role in Treasury’s half year and year end statutory reporting processes.
• Stakeholder Management: Build and maintain a productive relationship with the key stakeholders across the Group
• Assist other team members with workload as required, including taking on role as backup to other Treasury Finance team members.
• Demonstrable ability in managing and balancing priorities. Ability to manage multiple concurrent engagements effectively.

We’re interested in hearing from people who have:

• Proven communicator with stakeholders, who can demonstrate capacity to work to tight deadlines.
• Working knowledge of financial products (such as Fixed Income, FX & IR Derivatives, Debt Issuances, etc.)
• Ability to analyse & solve complex problems involving transactions spanning multiple Business Units
• Experience with database query tools (particularly SQL), excel, Tableau and/or Ability to price simple financial products will be looked upon favourably.

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Advertising End Date: 04/09/2024