Chief Financial Officer, London Branch

We are seeking a CFO for our London Branch. This is a senior leadership position that will be a critical role within the London Branch and Commonwealth Bank of Australia's Institutional Banking & Markets (IB&M), Finance Global leadership team, reporting directly to the Global CFO, IB&M.

About us

The Commonwealth Bank of Australia (CBA), is an Australian multinational bank with businesses across New Zealand, Asia, the United States, and the United Kingdom. We provides a variety of financial services, including retail, business and institutional banking, wealth management, and broking services. CBA is the largest Australian listed company with over 47,000 employees and brands including Bankwest, ASB Bank (New Zealand) and Commonwealth Securities (CommSec).

Do work that matters:

IB&M’s purpose is to combine global connectivity and capability to build a better Australia. As well as providing CBA with essential transaction banking and treasury services, IB&M plays a critical role helping clients and the Group build a prosperous future. The strength of our own balance sheet, power of our data and deep industry and global insights contribute to the role we can play to support the economy and build a better Australia.

This role contributes to the strategic direction of the business, demonstrating a high level of knowledge of business challenges, proposed solutions, and appropriate levels of influencing skills. Informing the business with timely, relevant, and meaningful management reporting and performance information accompanied by a high level of regulatory reporting, controls, and reporting systems knowledge. The CFO role is a key member of the London Branch Management Committee, IB&M Finance Global Leadership Team and holds directorships on the Boards of the London Branch Subsidiaries.

To successfully deliver in this role, you will require strong business acumen and conceptual thinking skills combined with experience managing rigorous & disciplined financial controls whilst being passionate about developing high performing teams.

Key attributes include:

• Extensive Executive Manager level experience in a finance function within banking, bringing a deep understanding of key IB&M products and services.
• High level understanding of regulatory reporting, controls, and reporting systems knowledge.
• Demonstrated competence and experience in implementing and managing rigorous, disciplined financial controls, financial management systems, and enterprise performance measures.
• Possess a detailed understanding of risk management and internal control processes, procedures and issues.
• Resilience and composure in an uncertain and fast-moving environment.
• Critical thinking and analytical skills with a high degree of commercial acumen and ability to drive results across a large organization.
• Established record of inclusive leadership of a diverse range of people to achieve high quality outcomes. This role will be leading a team of 7 individuals.
• Ability to communicate articulately, effectively and knowledgeably on issues relevant to the business, and influence decisions.

Our leadership philosophy

At CommBank, leadership is a privilege, and at its core is a real desire to make a difference in the lives of our people and customers. Leadership is not tied to a title it is a collection of beliefs and behaviours that energises others to achieve collective and sustainable outcomes. Please visit the Leadership Hub for more information on our Leadership Principles.

Our leaders put customer outcomes first, are always learning and pursue our purpose with Care, Courage and Commitment.

Please apply if you are keen to explore this leadership opportunity further.

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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Advertising End Date: 25/08/2024