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Salary
$68k – $154k per year (Estimated)
Location
In office (Sydney)
Employment
Full-Time
Overview
Company
Impact
Profile match
Commonwealth Bank of Australia is the country's largest bank, established by federal legislation in 1911 as a government-owned institution and fully privatised by 1996. It serves roughly one in three Australians across retail deposits, home lending, business banking and institutional markets, and holds the largest share of the domestic mortgage market. The bank has invested unusually heavily in technology for its size, rebuilding its core systems and pushing the CommBank application into a broader financial and lifestyle platform, and it runs the venture arm x15ventures to build and buy adjacent digital businesses.

Do work that matters.

CommBank’s Chief Investment Office (CIO) is looking for an Executive Portfolio Manager to join our global investment team responsible for identifying and executing investment opportunities across foreign exchange and developed market interest rates.

In this senior role, you'll help shape and execute global macro investment strategies, combining macroeconomic insight, market expertise and disciplined portfolio management to drive portfolio performance.

This is a rare opportunity to influence investment outcomes at scale while working alongside some of Australia's leading investment professionals.

See yourself in our team.

The Chief Investment Office sits within Group Treasury and manages the Group's non-traded market risks, including interest rate and foreign exchange exposures, as well as the investment of liquid assets and shareholders' funds.

Within CIO, the Tactical Portfolios & Strategy team identifies and executes investment opportunities across global financial markets. The team combines macroeconomic research, market expertise and disciplined portfolio management to develop investment strategies across asset classes, helping enhance the risk-adjusted performance of CIO's portfolios.

In this role:

You will play a key role in developing and executing global macro investment strategies, with a particular focus on foreign exchange and developed market rates.

You may also;

  • Identify and express macro investment opportunities across global markets
  • Translate macroeconomic and monetary policy developments into actionable investment strategies
  • Construct and actively manage portfolios to generate sustainable risk-adjusted returns
  • Evaluate portfolio performance, risk exposures and drivers of return
  • Contribute to investment debate, idea generation and portfolio strategy across the broader investment team
  • Coach and support the development of other investment professionals

We're interested in hearing from people who have

  • Deep experience in global macro trading or active portfolio management
  • Significant expertise across foreign exchange or developed market interest rates
  • A proven track record of generating alpha through disciplined risk taking and portfolio management
  • Strong understanding of macroeconomics, central bank policy and global financial markets
  • Sophisticated portfolio construction and risk management capability
  • Experience translating investment views into trade expression, position sizing and portfolio decisions
  • The ability to clearly articulate and challenge investment ideas within a collaborative environment

Experience gained within hedge funds, institutional asset managers, proprietary trading environments or global markets businesses will be highly regarded.

Working with us

Whether you're passionate about markets, investment strategy or helping shape the future of one of Australia's largest balance sheets, you'll find opportunities here to make a meaningful impact.

At CommBank, we're committed to supporting our people with flexible working options, career development opportunities and a culture that values performance, collaboration and wellbeing.

If you're looking for a rare opportunity to apply your global macro expertise within a sophisticated investment environment, we'd love to hear from you.

Advertising End Date: 30th September 2026

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.

We're aware of some accessibility issues on this site, particularly for screen reader users. We want to make finding your dream job as easy as possible, so if you require additional support please contact HR Direct on 1800 989 696.

Advertising End Date: 30/09/2026
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