Senior Product Manager
2x Permanent roles | Full time | 50% office attendance
Do Work That Matters
Be part of a team that's passionate about helping Australian businesses succeed. In CommBank's Business Banking team, you'll partner with customers to support their ambitions, backed by market-leading technology, a collaborative culture and opportunities to grow your career.
In this opportunity, you'll join the Bank Guarantees team as a Senior Product Manager responsible for complex product, risk, governance and customer outcomes. You'll help shape the future direction of the portfolio while driving strategic initiatives that improve customer experience, reduce risk and strengthen operational performance.
You'll bring proven Senior Product Manager experience and product leadership capability. While Bank Guarantees experience is not required, you'll be comfortable operating in a complex environment, influencing stakeholders and leading significant outcomes.
As part of the Bank Guarantees team, you'll help shape how emerging technologies and AI capabilities can be used to improve customer outcomes, simplify operations, strengthen controls and increase team effectiveness.
See yourself in our team
In this role, you will:
- Lead strategic product initiatives and portfolio priorities.
- Drive product enhancements that improve customer, operational and risk outcomes.
- Influence product prioritisation using evidence-based insights and data.
- Lead complex incidents, issues and remediation activities where required.
- Support delivery of regulatory, governance and risk commitments.
- Design and implement control improvements.
- Build strong relationships across Product, Operations, Technology, Risk and frontline teams.
- Present recommendations and proposals to senior stakeholders and governance forums.
- Contribute to the long-term strategy and direction of the Bank Guarantees portfolio.
- Identify opportunities to leverage AI, automation and digital capabilities to improve efficiency, controls and customer outcomes.
We're interested in hearing from people who:
This opportunity will suit an experienced Senior Product Manager looking to apply their capability in a complex product, risk and remediation environment.
- Are currently operating as a Senior Product Manager or can demonstrate equivalent experience.
- Have experience leading complex product, operational, customer, risk or regulatory outcomes.
- Have a track record of successful stakeholder influence and delivery.
- Have led initiatives across multiple teams and business units.
- Have experience navigating ambiguity and competing priorities.
- Demonstrate strong customer, commercial and risk judgement.
- Can build trusted relationships and drive outcomes through influence.
- Have an interest in AI, automation and digital innovation and the role these tools can play in enhancing product management and delivery.
- Can identify opportunities to improve existing processes and challenge traditional ways of working.
- Are comfortable working across business and technology teams to deliver practical solutions.
- Think strategically about future-state operating models rather than simply optimising current processes.
- Bring a relevant tertiary qualification or equivalent industry experience.
*While we will provide support on Bank Guarantees systems, nuances and strategic priorities, candidates should demonstrate initiative and self-learning. There is ample publicly and internally available information on Bank Guarantees, and we would expect candidates to have developed a foundational understanding of the product before interview.
If this sounds like the next opportunity for you please apply and the Talent team will be in contact regarding next steps
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
- Current Senior Product Manager experience or equivalent product leadership experience
- Experience leading complex product, operational, customer, risk, or regulatory outcomes
- Track record of successful stakeholder influence and delivery
- Experience leading initiatives across multiple teams and business units
- Experience navigating ambiguity and competing priorities
- Strong customer, commercial, and risk judgment
- Ability to build trusted relationships and drive outcomes through influence
- Interest in AI, automation, and digital innovation
- Ability to identify process improvements and challenge traditional ways of working
- Ability to work across business and technology teams to deliver practical solutions
- Strategic thinking about future-state operating models
- Relevant tertiary qualification or equivalent industry experience
- Foundational understanding of Bank Guarantees and initiative for self-learning
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.
