The Role
Lead and execute controls testing and assurance for Business Banking, assessing design and operating effectiveness of automated and IT controls. Analyse data to identify trends and risks, provide practical remediation recommendations, maintain documentation, and support automation and AI-enabled continuous monitoring initiatives while partnering with stakeholders across Risk, Business Banking, Technology and Audit.
Summary Generated by Built In
- Work at the intersection of risk, data and automation to strengthen Business Banking's control environment and support sustainable growth.
- Partner with senior stakeholders across Business Banking, Risk and Technology to deliver meaningful assurance insights and drive continuous improvement.
- Be part of a team transforming controls assurance through automation, analytics and innovative monitoring approaches.
See yourself in our team
The Business Banking Chief Controls Office (CCO) drives simpler, stronger and more effective risk and regulatory outcomes across Business Banking through transparency, consistency and actionable risk insights. We achieve this through robust governance practices, consistent application of enterprise frameworks and policies, and specialised centres of excellence.
Within CCO, the Controls Centre of Excellence plays a critical role in strengthening the business control environment and enabling sustainable growth. The team works closely with business and risk leaders to uplift control maturity, embed automation and analytics, and transition from traditional point-in-time testing toward a more proactive and continuous assurance model.
As a Senior Analyst, Controls Assurance, you'll support Business Banking by delivering high-quality controls testing and assurance activities, helping identify risks, strengthen controls and improve customer and business outcomes.
Do work that matters
As a trusted partner to Business Banking, you'll play an important role in increasing the strength and efficiency of the control environment through automated controls assurance, data-driven insights and continuous monitoring.
You'll work collaboratively with control owners, risk teams, product partners and technology stakeholders to identify opportunities for improvement and implement practical, sustainable solutions.
Your impact
Reporting into the Controls Excellence team, you'll:
- Execute controls testing activities in line with the Business Banking automated controls assurance framework.
- Assess the design and operating effectiveness of automated, semi-automated and relevant IT controls.
- Analyse data, evidence and control outcomes to identify trends, emerging risks and improvement opportunities.
- Provide practical recommendations that strengthen the control environment and support business outcomes.
- Maintain high-quality assurance documentation and accurate records.
- Support initiatives that simplify processes, improve control effectiveness and enhance assurance capabilities through automation and AI-enabled solutions.
- Build strong relationships across Risk, Business Banking, Technology and Audit stakeholders.
We're interested in hearing from people who have
- Experience in operational risk, controls assurance, audit, compliance or risk management within banking or financial services.
- Experience testing automated controls, application controls, IT general controls, or business process controls in a regulated environment.
- Strong analytical and critical thinking skills, with the ability to interpret data and solve complex problems.
- Exposure to data analytics, continuous monitoring or automation initiatives.
- Experience using analytical tools such as SQL, Python, Alteryx or similar (highly regarded).
- Exceptional stakeholder management and communication skills.
- A curious mindset and passion for driving better risk and control outcomes.|
Why join us?
This is an opportunity to join a forward-thinking team that is helping redefine how controls assurance is delivered across Business Banking.
You'll gain exposure to:
- Strategic risk and control initiatives.
- Advanced assurance and automation practices.
- Senior stakeholders across Business Banking and Risk.
- A culture that values innovation, continuous learning and continuous improvement.
- Meaningful work that directly supports customers, colleagues and business performance.
Working with us
At CommBank, we're committed to creating a workplace where diverse backgrounds, experiences and perspectives are valued. We support flexible ways of working, with team members spending at least half of their time each month connecting in the office, alongside a range of other flexible work options to support individual circumstances.
If you're passionate about risk, controls, data and continuous improvement, and want to play a key role in strengthening one of Australia's largest Business Banking businesses, 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.
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.
Skills Required
- Experience in operational risk, controls assurance, audit, compliance or risk management within banking or financial services.
- Experience testing automated controls, application controls, IT general controls, or business process controls in a regulated environment.
- Strong analytical and critical thinking skills, with ability to interpret data and solve complex problems.
- Exposure to data analytics, continuous monitoring or automation initiatives.
- Experience using analytical tools such as SQL, Python, Alteryx or similar.
- Exceptional stakeholder management and communication skills.
- A curious mindset and passion for driving better risk and control outcomes.
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
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The Company
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.
