First listed on: 18 May 2018

Risk Executive, Global Markets Operational Risk & Product Governance 

  • We are game changers
  • We see risk as an investment
  • We perform interesting and challenging work

See yourself in our team

The IB&M Operational Risk & Product Governance team is responsible for the Operational Risk Management Framework and Product & Development Framework for the Risk Management of Institutional Banking & Markets. This includes providing guidance, oversight and challenge to the business with respect to its implementation. The team has oversight of activities end-to-end so needs to understand and work closely with many functions – such as Compliance, Operations, Finance, IT, Market Risk and Credit Risk.

You will be joining an existing team of individuals from a variety of backgrounds including consulting, Investment Bank Risk and Front Office roles. We want diversity of experience which enables increased learning opportunities for you and the team.  

Do work that matters

Reporting to the Executive Manager, Operational Risk & Product Governance Global Markets and Treasury, you will conduct proactive line 2 review activity over key components of the risk management framework for IB&M and maintain oversight over activities to ensure the adequacy, efficiency and effectiveness of the framework. In this role, some of your key responsibilities include:

  • Perform “deep dives” into targeted areas of concern or where greater transparency is required. This maybe as a result of an internal concern or triggered by an external incident. Support will be in the form of data / information gathering and analysis. It may also include process mapping, detailed reviews on controls, processes and products;
  • Support in carrying out the Product Governance aspects of the role, including risk engagement on new product development with the primary responsibility for identifying risks associated with the product;
  • Engagement (including review and approval) on key projects that may lead to changes in risks and controls within the Business.

We’re interested in hearing from people who possess:

  • Previous experience in financial services. Potentially this could be big 4 background / consulting, business analyst, finance product control, market / operational risk management;
  • Strong interest in Global Markets & Treasury operations. An understanding of Fixed Income, Currency & Commodities (FICC) products (preferred);
  • Experience in successfully communicating with and influencing your peers and management;
  • A commercial mind, able to balance risk and business goals.

At CommBank, we’re committed to building a diverse and inclusive workforce reflecting the customers, businesses and communities we serve. As a value’s driven organisation, we nurture and support our people; through focussing on skill and talent development, collaboration, flexibility and internal promotion. With service in mind at every touch point, we take accountability for the role we play in securing and enhancing the financial wellbeing of people, businesses and communities. At CommBank you can be you.


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