Operational Risk Senior Manager

Senior Manager,Operational Risk

12 Month Secondment Opportunity

Shape how operational risk is managed across one of Australia's largest and most complexorganisations. Join the Operational Risk Management Framework (ORMF) Oversight Centre of Excellence and help strengthen the way operational risk is managed across the Group.

In this highly visible role, you will partner with senior stakeholders across the business to drive better risk outcomes, simplify riskpracticesand support informed decision-making. Working at thecentreof the Group’s operational risk framework, you will influence how risk is understood,managedand embedded across a broad range of strategic initiatives and business activities.

If you enjoy solving complex problems, influencingstakeholdersand turning framework requirements into practical, value-adding outcomes, we would like to hear from you.

About Risk Management

Risk Management develops and deploys the frameworks that enable the Group to take considered exposures to credit, market, operational, compliance and insurance risks within Board-approved appetite.

We support the Group toidentify, assess,manageand report risk effectively, helping deliver safe,sustainableand positive customer outcomes.

About the Team

The Operational Risk Management Framework Oversight Centre of Excellence (ORMF OversightCoE) exists tooptimiseoperational risk management across the Group.

The team partners with businesses, Line 1 Risk and Line 2 Risk and Compliance teams to provide oversight, guidance, training,insightsand tools that support effective risk management. We are focused on helping the Groupanticipaterisk, make informeddecisionsand continuously improve risk practices whilemaintainingan effective and fit-for-purpose Operational Risk Management Framework.

Why This Role?

This is an opportunity to influence operational risk practices at an enterprise level.

You will work closely with senior stakeholders across the Group, helping translate risk frameworks into practical outcomes andsupportinga strong risk culture throughout theorganisation.

No two days are the same. You may be developing practice guidance, influencing framework enhancements, coaching risk role holders, supporting strategicinitiativesor driving continuous improvement across operational risk management practices.

Your Impact & Contribution

• Partner with Line 2 BU/SU Operational Risk teams to strengthen andoptimiseoperational risk management practices across the Group.

• Support the ongoing development and maintenance of an effective Operational Risk Management Framework.

• Provide practical,commercialand value-adding advice that supports strategic businessobjectives.

• Build trusted relationships across Business, Line 1 Risk, Line 2 OperationalRiskand Compliance teams.

• Help drive consistency in how operational risk is managed and embedded across theorganisation.

• Develop communications, reporting and guidance tailored to senior leadership audiences.

• Coach and support Business Profile Owners, RiskOwnersand Control Owners in meeting their risk management obligations.

Key Responsibilities

• Develop,maintainand implement Practice Guides andsupportingguidance for key operational risk roles,demonstratingwhat effective risk management looks like in practice.

• Strengthen and simplify Group-wide operational risk practices to support improved risk outcomes and operational efficiency.

• Partner with operational risk stakeholders across the Three Lines of Accountability to provide challenge,adviceand support.

• Contribute to the design,enhancementand continuous improvement of the ORMF and associated standards, including Risk and ControlSelf Assessment(RCSA), Control Assessment Program (CAP), Incident Management and Change Management Risk.

• Support framework implementation through process improvement, toolenhancementsandoperationalisationactivities.

• Deliver training, communications and engagement initiatives that build risk capability across the Group.

• Contribute to strategic projects and initiatives that enhance the effectiveness of operational risk management.

• Support collaboration across CBA and ASB through the One Risk operating model.

We'reInterested in People Who

• Build strong relationships and influence a broad range of stakeholders.

• Communicatecomplex concepts clearly and effectively.

• Combine operational riskexpertisewith sound commercial judgement.

• Enjoy solving problems and navigating ambiguity.

• Can influence outcomes without relying on formal authority.

• Thrive in fast-paced environments with competing priorities.

• Demonstrate resilience,adaptabilityand a continuous improvement mindset.

• Have experience delivering initiatives involving diverse stakeholder groups.

• Bring strong consulting,facilitationand presentation skills.

Skills & Experience

You may bring experience from banking, financial services, insurance,consultingor other large, complexorganisations.

We'reinterested in candidates who have:

• Strong operational risk management experience and understanding of risk frameworks.

• Experience partnering with senior stakeholders to influence outcomes and drive change.

• Knowledge of regulatory expectations and the broader risk management environment.

• Experience developing policy, framework,governanceor risk management practices.

• The ability to translate complex requirements into practical solutions.

Qualifications

• Tertiaryqualificationin business, finance, risk management,lawora relateddiscipline.

• Postgraduate qualifications areadvantageousbut not essential.

• Experience in operational risk, governance,complianceor related risk disciplines.

• Experience across Line 1, Line 2, Line3and/or advisory environments will be highly regarded.

• Knowledge of APRA prudential standards, ASICregulationand broader operational risk management principles.

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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