Executive Manager Financial Crime & Regulatory Compliance Audit

Sydney CBD Area
Not disclosed
01 Sep 2020
01 Oct 2020
Approved employers
Approved employer
Contract type
Full time
Experience level

“At CommBank we are proud to support flexibility, let’s discuss what this means for you”

Group Audit & Assurance (GA&A) provide independent, objective and commercial risk focused assurance to the Board Audit Committee to assist the Group in securing and enhancing the financial wellbeing of its stakeholders. GA&A were recognised by Ernst & Young and PwC as the leading internal audit function among Australian peers in the financial services industry.

See yourself in our team

The Financial Crime & Regulatory Compliance team is responsible for appropriate coverage of key risks across all CBA Business lines, Support Functions and CBA Offshore branches. This includes coverage of a range of Financial Crime topics such as AML, Embargo & Sanctions, Anti-Bribery & Corruption (AB&C), and Regulatory Compliance reviews.

The team adds value to the Group by:

  • Oversee and deliver a professional and highly valued audit service to the business and Group’s Audit & Risk Committees
  • Provide objective assurance on risk management to key customers (e.g. Group Executives and their leadership teams) to secure the financial wellbeing of the Bank’s customers
  • Identify issues together with risk and commercial insights as part of high quality audit reports, which help customers to make a difference to their business

Do work that matters

  • Developing and executing of the Financial Crime and Regulatory Compliance audit program, manage and lead large and diverse teams and engage with senior stakeholders in Financial Crime function
  • Build and deliver a dynamic, risk-based audit plan and provide input to refresh this at least quarterly, to appropriately capture key and emerging risks
  • Effectively lead, supervise and direct all aspects of the audit from Planning, Fieldwork, Reporting, and through to audit closure
  • Be an agent of change by sharing learnings, support and drive appropriate use of analytics to strengthen and accelerate the audit findings and work closely with senior stakeholders to conclude audit findings and recommendations that can enable pragmatic business change
  • Create and maintain key relationships with the Group Auditor and the GA&A executive and leadership teams, including subsidiary audit teams. Ensure all stakeholders and contributors are consulted on Group reporting and Board and senior stakeholder messaging
  • Build and sustain independent and objective relationships with Line 1, Line 2 risk management, Project Steering Committees and professional services firms ensuring appropriate assurance coverage is provided

We’re interested in hearing from people who possess

  • Experience of working in Financial Crime testing functions in a large financial institution or in professional services firms with an extensive understanding of Compliance Risks on how the bank identifies, assesses, manages, monitors and reports on its obligations
  • Experience in, with strong knowledge of key AML/ CTF and AB&C laws, prudential standards, regulations, directives, and regulatory expectations relating to Data Privacy, Conflicts Management, Personal Account Dealing, Information Barriers, Mis-selling and Conduct & Treating Customers Fairly (TCF) etc., and FCC & Regulatory compliance risks
  • Internationally recognized auditing or professional qualifications (such as ACAMS, ICA, CIA)
  • Ability in building strong customer relationships based on credibility, rapport and trust
  • Proven ability in deriving audit insights

If this sounds interesting to you, APPLY NOW!

If you're already part of the Commonwealth Bank Group (including Bankwest), 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: 30/09/2020

For further information, and to apply, please visit our website via the “Apply” button below.

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