Manager Line 1 Risk
See yourself in our team
Retail Banking Services (RBS) is the public face of CommBank, delivering banking, wealth and investment solutions to more than 10 million personal and small business customers across Australia.
Within RBS, the Insurance Retail & Advice Partnerships (IRAP) team supports the distribution of insurance products and advice referrals that help customers build financial wellbeing and confidence for the future.
As Manager Line 1 Risk, Wealth and Private you'll join a collaborative and high-performing team that partners closely with the business to enable better risk decisions and stronger customer outcomes. Reporting to the Executive Manager, Chapter Lead Wealth & Private Risk, you'll play an influential role in supporting the business to manage risk effectively while continuing to grow and evolve.
Why join us?
- Join a supportive and highly collaborative team culture.
- Help shape how risk decisions are made across Wealth Partnerships.
- Work alongside experienced leaders who are passionate about development and career growth.
- Be part of a team with a strong track record of internal progression and promotion opportunities.
- Enjoy flexible working arrangements that support balance and wellbeing.
Do work that matters
As a trusted risk partner, you'll provide guidance, challenge and support to help the business operate within risk appetite while achieving its strategic objectives.
You'll:
- Partner with stakeholders across Wealth Partnerships to provide practical risk advice and guidance.
- Identify, monitor and support the resolution of incidents, issues and emerging risks.
- Challenge existing processes and drive continuous improvement in risk management practices.
- Design and strengthen controls that protect customers and improve business outcomes.
- Support risk governance activities, including risk profiling, monitoring and reporting.
- Collaborate with internal and external partners to manage risk across multiple products and customer solutions.
- Help leaders make informed decisions through balanced commercial and risk-based recommendations.
We're interested in hearing from people who have
- Experience in risk advisory, operational risk, compliance, governance or controls management.
- Strong analytical and problem-solving skills with the ability to identify opportunities for improvement.
- The confidence to constructively challenge stakeholders while building strong working relationships.
- A proactive mindset focused on finding solutions, not just identifying problems.
- Experience within banking, financial services, wealth management, superannuation or related environments. Experience from a Big 4 consulting firm or financial services regulator is highly sought after and will be viewed favourably
- Excellent stakeholder management and communication skills.
- Commercial acumen and the ability to balance risk outcomes with business objectives.
Working with us
At CommBank, we're committed to supporting our people to thrive both professionally and personally. We offer a range of flexible working options and ask our people to spend at least half of their time each month connecting with colleagues in the office.
If you're looking for a role where you can make an impact, continue developing your career and work with a supportive team that values growth, we'd love to hear from you.
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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Skills Required
- Experience in risk advisory, operational risk, compliance, governance, or controls management
- Strong analytical and problem-solving skills
- Ability to constructively challenge stakeholders while building strong working relationships
- Proactive, solutions-focused mindset
- Experience in banking, financial services, wealth management, superannuation, or related environments
- Excellent stakeholder management and communication skills
- Commercial acumen and ability to balance risk outcomes with business objectives
- Experience with a Big 4 consulting firm or financial services regulator
Commonwealth Bank Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Commonwealth Bank and has not been reviewed or approved by Commonwealth Bank.
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Leave & Time Off Breadth — The bank offers additional Life Leave, the option to purchase up to four extra weeks, pet leave, and paid volunteering leave alongside flexible-working options. Public materials indicate these leave features compare well within Australian banking.
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Parental & Family Support — Permanent employees can access up to 18 weeks of paid parental leave, and superannuation is paid for up to 34 weeks of unpaid parental leave. These provisions extend support for new parents beyond standard settings.
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Wellbeing & Lifestyle Benefits — Access includes CBHS Health Fund, Fitness Passport, a 24/7 wellbeing platform with telehealth, an Employee Assistance Program, and employer‑paid income protection for up to two years, alongside staff banking perks and share plans. This combination provides day‑to‑day value across health, protection, and financial perks.
Commonwealth Bank Insights
What We Do
Australia’s leading provider of financial services including retail, premium, business and institutional banking, funds management, superannuation, insurance, investment and sharebroking products and services. We are a business with more than 800,000 shareholders and over 52,000 employees. We offer a full range of financial services to help all Australians build and manage their finances.
