Senior Manager, Coverage Strategy Risk Assessments

See yourself in our team:

Financial Crime Analytics (FCA) is part of the Financial Crime Compliance team and is responsible for the maintenance of and enhancements to the Group's AML systems by way of data modelling and continual systems optimisation.

We are responsible for analysing financial crime data, implementing detection strategies which mitigate risk and prevent financial crime.

Do work that matters:

As a Senior Manager Coverage Strategy Assessments, you’ll lead a team of risk managers and be responsible for ensuring coverage assessments are created and maintained demonstrating coverage of international and domestic regulator red flags against the groups products taking into account Product, KYC and Transaction Monitoring controls.

This is a 12 month Fixed Term/Secondment opportunity.

On a day-to-day basis, you’ll: 

• Support the GM in the execution of FCC objectives
• Provide business support and expert advice
• Apply the Group’s FCC framework and risk mitigation strategy and support the maturation of this framework
• Reduce the potential impact of current and emerging FCC risks on CBA customers
• Contribute to strategic planning initiatives and execution of these strategies within FCC
• Contribute to Regulator relationship management including the provision of data analysis and intelligence activities
• Lead a team of risk advisors, and provide guidance on analytical approaches and risk management strategies.
• Recommend mitigating strategies and actively manage emerging events, ensuring strategies are implemented which effectively manage the associated risk.
• Ensure that clear and concise documentation is produced by the team.
• Drive insights into trends and anomalies - including root cause analysis.
• Prioritise and manage work allocations across the team and provide recommendations on aligning tasks to strategic priorities
• Lead stakeholder engagements and ensure that key tasks are defined and the appropriate priority is assigned.

We are interested in hearing from people who have: 

Please note that we are interested in hearing from people who might not meet all the following criteria.  We are open to working with the right candidate to fill any skill gaps during your journey at CommBank. 

• Experience and technical knowledge of Transaction Monitoring systems and rule development
• Experience leading teams and providing technical guidance
• Experience in executing Financial Crime Compliance risk assessments
• Experience managing work relationships and business stakeholders
• 5+ years’ experience in financial crime or risk management in financial services is highly regarded

If this sounds like you apply now!

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 flexible 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.

Advertising End Date: 26/11/2024