Senior Manager Economic Crime Risk - (2 Vacancies Available)
Commonwealth Bank of Australia · Sydney CBD Area
- 2 Vacancies Available
- Senior Manager, ECR Advisory, Institutional Banking & Markets
Help safeguard financial integrity at CommBank
Join CBA’s Economic Crime Risk (ECR) advisory teams and play a key role in managing AML/CTF, sanctions, anti-bribery and corruption (AB&C), anti-tax evasion and fraud risks. Partner with key stakeholders to strengthen economic crime risk management across CBA’s Institutional Banking & Markets (IB&M) and Group Treasury (GT) businesses.
Your impact
Reporting to the Executive Manager, ECR Advisory - IB&M, you will provide expert financial crime advice to support CBA’s IB&M and GT businesses in risk management activities, including building capabilities to support AML/CTF and Fraud/Scams reforms. Your role will involve collaborating with internal stakeholders, advising on strategic projects, customers, transactions, and products.
What you will do
- Provide advice to business units and their respective support units, offering expert guidance on economic crime risks, controls, and regulatory obligations.
- Provide expert guidance on economic crime risk policies and governance.
- Assist stakeholders within IB&M and GT to proactively identify, manage, and mitigate the economic crime risks onshore and offshore.
- Support business units in day-to-day execution of customer related matters, transactions, and product development.
- Support economic crime-related operational activities and transformation projects.
- Develop meaningful reporting to enhance risk visibility and decision-making.
- Assist the business and Group support functions to develop and execute appropriate action plans to address identified issues relating to economic crime.
- Assist in managing audits and regulatory engagements.
- Work collaboratively with other ECR and Risk teams and provide relevant support and advice as required.
- Forge strong relationships with members of the ECR and Risk community, as well as other internal stakeholders.
- Support the ongoing enhancement of CBA’s ECR framework by identifying and building technology platforms, including AI driven initiatives.
The strength of CBA’s ECR team and its value to the Group is based on the trust the organisation places in us and the integrity that underpins our conduct. As a member of our team, your conduct must enhance those attributes and the trust the organisation places in us. You will need to navigate a complex business environment, balancing the competing needs of stakeholders, and managing complex trade-offs. Throughout these complex circumstances, you will need to maintain strong collaborative relationships.
What we are looking for
- Experience in economic crime compliance, with deep knowledge of AML/CTF, sanctions, and AB&C regulations, preferably in IB&M and/or GT advisory capacity.
- Ability to assess economic crime risks related to customers, transactions, and products.
- Exposure and experience in dealing with international regulatory obligations.
- Strong stakeholder management skills, with the ability to influence decision-makers.
- Confidence when participating in forums and presenting complex risk insights.
- Strong communication and executive writing skills
Why join CommBank?
- Flexible working options including hybrid arrangements and adjusted hours.
- Career growth opportunities with access to leadership programs and mentorship.
- A collaborative culture where innovation and integrity drive decision-making.
- Employee benefits including discounts, health & wellbeing programs, and paid volunteering leave.
At CommBank, we are committed to fostering an inclusive workplace and encourage applications from diverse backgrounds.
Make an impact in financial crime compliance. Apply today.
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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