Posted:
7/10/2025, 5:00:00 PM
Location(s):
Sydney, New South Wales, Australia ⋅ New South Wales, Australia
Experience Level(s):
Mid Level ⋅ Senior
Field(s):
Legal & Compliance
Manager Financial Crime Compliance Risk Assessments
See yourself in our team
The Financial Crime Compliance team (FCC) is a combined Risk function designed to support, build and enhance sustainable and effective financial crime capability and operations within the Bank, to ensure compliance and effective risk management.
FCC Risk Assessments will comprise a group of full time risk professionals tasked with undertaking detailed review and challenge of risk assessment items coming to FCC.
Do work that matters:
Reporting to the Senior Manager FCC Risk Assessments, this role will be responsible for managing FCC risk assessments for the CBA group. The FCC Risk Assessments team will review and challenge all risk assessments on new and existing Products and Channels, annual reviews of RCSA and CSA and oversee and manage the EWRA.
Additionally, this role will support in ensuring all policy and related documentation concerning the assessment methodology meets relevant Australian, CBA and regulatory standards and expectations.
On any given day, you will
Assist the Business and Group support functions to complete financial crime related Risk Assessments.
Assist in the development of reporting and a management tool for Risk Assessments.
Assist in the delivery of CBA’s major Financial Crime risk assessment tasks including Product, Technology and Channel Risk Assessment and Enterprise Wide Risk Assessment (EWRA).
Assist in the identification and uplift of controls for financial crime across the Group.
Oversee the FCC control environment ensuring appropriate design and operating effectiveness aligned to the RCSA , CSA and EWRA risk methodology thresholds.
Assist in the development and managing of the Risk Steward Guides (RSGs) across AML/CTF, AB&C, Sanctions and Anti-Tax Evasion.
We are interested in hearing from people who have
Experience in a risk and compliance role
Strong understanding and application of operational risk and compliance frameworks.
Understanding of the financial crime regulatory environment, obligations and controls.
Excellent co-ordination and stakeholder management skills with proven experience to influence senior stakeholders.
Clear oral and written communication.
Leverages and interprets data and engages experts to extract the insights.
Project management and delivery of vendor systems is highly desirable.
Degree qualified in Finance, Business, Law or relevant discipline is preferred.
Relevant industry accreditation or certificate is desirable (AFMA, ACAMs etc).
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.
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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Website: https://commbank.com.au/
Headquarter Location: Sydney, New South Wales, Australia
Employee Count: 10001+
Year Founded: 1911
Last Funding Type: Post-IPO Debt
Industries: Banking ⋅ Finance ⋅ Financial Services ⋅ Wealth Management