Senior Manager Risk and Controls, Technology Finance

"At CommBank we are proud to support flexibility, let's discuss what this means for you"

The Commonwealth Bank of Australia (Bank) is Australia's leading provider of integrated financial services. They are committed to continuously improving governance practices and ensuring that they are aligned with business, stakeholders and customers' needs.

In Financial Services, we support the Group's strategy of building tomorrow's bank today for our customers, through a focus on three key priorities of trust, resilience and capital generation. Financial Services partner with all areas of CommBank to specialist advice, support and services in finance, audit, treasury, property, procurement, climate strategy and investor relations.

Technology delivers the Group's information technology functions to ensure the highest levels of customer service through world-class process excellence and technology innovation.

See yourself in our team

Tech Finance is responsible for the provision of financial control, reporting and planning services to the Technology division. We work closely with our stakeholders to help them understand their cost bases and deliver current and future strategic and financial plans.

Technology Finance's mission is to "influence strategic outcomes through transparent insights and passionate people".

Your team forms part of the wider Technology Finance Team of approximately 90 people and provides financial management, planning and controls services to Group and Business Unit CIOs.

Technology Finance's primary role is to:

• Provide insights, analysis and advice in relation to past and future financial performance
• Provide robust financial control and effective management reporting
• Provide decision support and reporting for Technology strategic initiatives and investment programs
• Develop and deliver meaningful insights to drive better business outcomes, including cost optimisation and simplification
• Provide guidance and advice to the business leaders on the financial performance of the business, the financial plans and forecasts and the financial impacts of change initiatives

Do work that matters

Your role is to support the Executive Manager, and the Technology Finance Leadership Team with providing robust financial control and risk advice. This includes partnering closely with finance and risk colleagues and leaders to strengthen financial controls, enhancing the risk culture and embedding the Bank's risk frameworks across the broader team, and facilitating the execution of Technology Finance's strategic initiatives.

As well as, but not limited to:

• Take ownership of existing financial control guidance applicable to IT costs and develop overarching principles that are consistent with Group policies and accounting standards.
• Partner with the broader Technology Finance team to ensure consistent adoption of financial and operational risk control guidance and devise appropriate updates to existing guidance and/or targeted risk reviews to address potential areas for concern.
• Identifying and implementing delivered risk and control improvements as part of change initiatives.
• Act as a key point of contact for the team on financial control and risk requirements and represent the team from a Line 1 Risk perspective within the Financial Services community.
• Co-ordination and management of financial controls across the broader team, including implementation of training, workshops, leadership forums and completion of regular risk reporting.
• Coordination of semi-annual Directors Questionnaire (DQ) processes.
• Build and maintain productive relationships with Finance, Risk and Business stakeholders.

We're interested in hearing from people who possess

• Strong risk management skills, with the ability to apply frameworks and policies in a practical setting to deliver improved risk outcomes for the Group.
• A working knowledge of financial control frameworks and ability to interpret and apply accounting standards
• Strong critical thinking and problem solving skills and the demonstrated ability to navigate ambiguity to deliver solutions that improve processes, reporting and/or risk posture.
• Strong stakeholder management skills with proven experience in advising, challenging and influencing senior stakeholders and business outcomes.
• Self-motivated and results-oriented, with demonstrated ability to think and plan strategically to drive outcomes.
• Attention to detail.
• Strong team leadership skills with ability to develop team members and a high performing team.
• Enterprise-minded and collaborative team player who demonstrates a strong commitment to teamwork and delivering outcomes that benefit the broader team.
• Demonstrated ability to manage multiple deliverables simultaneously.
• Excellent verbal and written communication skills.
• Risk Mindset - All CommBank employees are expected to proactively identify and understand, openly discuss and act on current and future risks. People management and leadership experience including the ability to work autonomously, prioritise and manage workload, leveraging staff, experience in uplifting team performance, providing constructive feedback and the development of staff and team culture.

Is this your next challenge? Apply now!

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: 02/09/2024