Senior Audit Manager – Business Banking (Payments)
Do Work That Matters
This role offers a unique opportunity to shape risk oversight across Business Banking’s payments ecosystem ensuring robust controls, strong governance, and compliance in a critical area of banking.
Group Audit & Assurance (GA&A) is CommBank’s internal audit function. Our purpose is to provide clear, evidence‑based assurance that strengthens risk culture, enhances controls, and supports effective governance across the Group.
See Yourself in Our Team
We’re looking for a Senior Audit Manager to join our Business Banking Audit team, bringing deep payments domain expertise combined with strong audit and risk leadership capability to deliver meaningful assurance outcomes that protect the bank and its customers.
You’ll play a critical role in supporting audit delivery across a highly visible, customer-focused portfolio, including:
- Everyday Business Banking (Deposits and Payment Acceptance)
- Payments (all domestic and international payments)
- Business Banking Digital and Transformation
- Business Customer, Channel and Data
- Business Lending (all lending products)
- CommSec
Your Impact
In this role, you will operate as a leader and trusted advisor, shaping risk outcomes and driving excellence across the audit lifecycle, with a particular focus on payments, digital channels and operational resilience.
You will:
- Oversee delivery of audits across Payments, Payment Acceptance, Operational Resilience and Operational Risk Management, contributing to a dynamic, risk-based Audit Plan that reflects key and emerging risks in the payments ecosystem
- Lead end-to-end audit engagements (Planning, Fieldwork, Reporting and Closure), ensuring high quality outcomes, efficiency and alignment to Internal Audit methodology
- Provide clear, pragmatic and commercially relevant insights to senior stakeholders, strengthening risk management practices across payments, merchant services and digital banking
- Build and maintain trusted relationships across the business, influencing stakeholders at all levels including senior leadership
- Drive continuous improvement and innovation in audit delivery, including leveraging AI and data analytics techniques
We’re interested in hearing from people who have:
This role requires deep, end-to-end payments expertise combined with strong audit and risk capability. You will have:
- Proven experience in internal or external audit within business banking
- Strong knowledge of payment systems and services, including:
- Domestic payments (ACH, NPP / real-time payments)
- International payments (SWIFT, remittances)
- Card payments (debit/credit)
- Digital wallets and emerging payment methods
- Understanding of end‑to‑end payment workflows, supporting technology platforms, and key risk/control points
- Familiarity with fraud prevention, payment security, and scheme/network rules
- Strong analytical capability, including exposure to AI tools and intelligent agents to enhance audit insights and delivery
- Deep knowledge of risk management frameworks, including operational, compliance, fraud and third-party risk
- Demonstrated ability to lead teams, manage stakeholders and deliver strategic insights
Working at CommBank
At CommBank, we support our people with the flexibility to balance where work is done, with at least half your time each month connecting in the office. We also offer a range of flexible working options, including adjusted start and finish times, part-time arrangements, and job sharing. Talk to us about how these could work for 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
- Proven experience in internal or external audit within business banking
- Strong knowledge of payment systems and services (ACH, NPP/real-time payments, SWIFT, remittances, card payments, digital wallets)
- Understanding of end-to-end payment workflows, supporting technology platforms, and key risk/control points
- Familiarity with fraud prevention, payment security, and scheme/network rules
- Demonstrated ability to lead end-to-end audit engagements (planning, fieldwork, reporting, closure)
- Deep knowledge of risk management frameworks including operational, compliance, fraud and third-party risk
- Strong analytical capability, including exposure to AI tools and intelligent agents to enhance audit insights and delivery
- Demonstrated ability to lead teams, manage stakeholders and deliver strategic insights
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.
-
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.
-
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.
-
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.
