The Colonial First State Strategy team is responsible for driving the company’s strategic and business planning, including responding to industry trends, competitive intelligence and providing strategic advisory. This includes working closely with the CFS Leadership Team to develop a long-term roadmap that delivers positive member outcomes and business growth.
We currently have a 12 -14 month fixed term contract opportunity available for a Manager, Strategy within this team as a result of parental leave. The role reports to the Head of Strategy, part of the Product, Marketing & Strategy team.
As Manager, you will assist in providing business insight and direction on the strategic issues facing the business. This will require you to undertake extensive analysis supporting CFS strategic initiatives, support the business planning cycle and to develop presentation materials and position papers.
The role presents a valuable opportunity to build on existing strategy capability and manage and support strategic initiatives which help shape the business, as well as generating proprietary insights from syndicated research and other data sources.
See yourself in our team:
As Manager, Strategy you will have responsibility for preparation of presentations and position papers for CFS Strategy and CFS Leadership Team discussion and will drive input and analysis for the CFS Business Plan and annual Business Performance Review. You will provide CFS related information requests to internal stakeholders and be expected to distil strategic insights from industry syndicated research, industry papers, and analyst reports to the business and undertake competitor and industry trend analysis.
The role will require you to develop strong working relationships with key related teams including Product, Marketing, Client Operations and Advice Relationships and to deliver stand-alone strategic problem solving on prioritised business issues. You will be involved in producing presentations for the Head of Strategy and be accountable for managing and developing the CFS Strategy Analyst. In addition, you will look to drive key projects or business initiatives when required.
We’re interested in hearing from people who have the following profile:
A previous background in the superannuation / wealth management industry is essential
Some previous experience of working at a strategic level
Strong ‘practical problem solving’ through the application of strategic models and frameworks
The ability to obtain information from multiple sources, complete analyses and present the information in a clear and concise manner
A proven ability to build relationships and communicate effectively with stakeholders at all levels
The ability to work efficiently under time pressure, be flexible, and work as part of a team
Able to work independently and manage own work effort for discrete deliverables
Advanced Microsoft Excel and PowerPoint skills
CBA has entered into an agreement with KKR to sell a 55% interest in its CFS superannuation and investments business for total cash consideration of $1.7billion (implying a total valuation of $3.3billion). CBA will retain a 45% shareholding in CFS.
KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate and credit, with strategic partners that manage hedge funds. KKR aims to generate attractive investment returns for its fund investors by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies.
The sale is expected to complete in the first half of 2021. As this is a role to work in the CFS business, the successful candidatewill initially be employed by the CBA Group but on sale completion, their employment will transfer to a new entity that will employ the CFS business employees from completion.
Whether you’re passionate about customer service, driven by data, or called by creativity, a career here is for you.
Our people bring their diverse backgrounds and unique perspectives to build a respectful, inclusive and flexible workplace. One where we’re driven by our values, and supported to share ideas, initiatives, and energy. One where making a positive impact for customers, communities and each other is part of our every day.
Here, you’ll thrive. You’ll be supported when faced with challenges, and empowered to tackle new opportunities. We really love working here, and we think you will too.
We’re determined to make a real difference for Australia’s first peoples. We encourage all interested applicants to apply.If you're already part of the Commonwealth Bank Group (including Bankwest), you'll need to apply through Sidekick [link removed] to submit a valid application. We’re keen to support you with the next step in your career.
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