Risk and Control Enablement Manager Line 1

Organization:

At CommBank, we never lose sight of the role we play in other people’s financial wellbeing. Our focus is to help people and businesses move forward to progress. To make the right financial decisions and achieve their dreams, targets, and aspirations. Regardless of where you work within our organisation, your initiative, talent, ideas, and energy all contribute to the impact that we can make with our work. Together we can achieve great things.

Job Title: Risk and Control Enablement Manager Line 1

Location: Bangalore

Business & Team: Tech CCO - The Supplier Risk team

Impact & contribution:

The Supplier Risk team is responsible for ensuring that new and changing Supplier processes are assessed, awareness is raised and risk mitigations are in place. This is achieved through validating the effective design & implementation of controls at supplier environment to ensure that the organization's supply chain is secure and compliant with regulations, also aligning with business objective. The successful candidate will be responsible for identifying, assessing, and prioritizing technology risks associated with third-party suppliers and vendors and play a key role in ensuring appropriate risk behaviours

Roles & Responsibilities:

• Adhere to the Code of Conduct. The Code of Conduct sets the standards of behaviour, actions and decisions we expect from our people
• Support Senior Manager in effective validation of complex supplier or material vendors control environment with knowledge to assess the emerging technologies (Cloud Computing, IOT, AI, etc.,) to enable compliance and support business through new and changing processes aligning with business objectives
• Identify technology risks associated with Supplier/Third Party and compliance outcomes, providing guidance and advice to mitigate the identified risks
• Lead and coach team members to perform Supplier Technology Risk Assessment and conduct root cause analysis of issues and incidents and provide advice on control improvements to Line 1 as per CBA’s Operational Risk Management Framework(ORMF)
• Oversee the effective design of controls for all new and changing processes and operations at supplier environment, and advise business leaders throughout the implementation process.
• Review and provide ongoing feedback to junior team members on the appropriateness and quality levels of testing and testing documentation in line with expected standards
• Set expectations and manage quality deliverables, maintain various databases (status trackers, SRG workload and Risk in Site tool) and provide business leaders with insights on monthly management reporting.
• Lead a proactive risk and control culture and collaborate with the business.
• Drive continuous improvement of the Group’s Control Environment and process through the provision of insights and reporting to enable the timely and effective remediation of risks
• Accountable to provide guidance to stakeholders to ensure the correct risk and controls overlay the end to end process mapping and documentation management to support the control process.
• Partner with Line 2 colleagues to determine and lead out optimal course of action to remediate any significant data integrity issues within the BU/SU.
• Ensure the team follow the agreed Standard Operating Procedures, apply the mandated templates and ORMF requirements.
• Role-model the Group’s values and behaviours', and provide coaching to the team on their behaviour and required skills;

Essential Skills:

Risk Mindset, Ability to analyse

,Influencing and consulting skills,

,Written and verbal communication

,Risk Framework knowledge & Controls knowledge

Qualifications:

• 8+ years’ experience in banking/financial services/other relevant experience
• Sound knowledge and prior work experience in Information Security/Risk Management/Supplier Management/Information Technology/Cloud Risk Assessment
• Understanding of Supplier IT and Operational risk together with IT control Policies
• CCSK, CISSP, CISA/CISM certification is a plus

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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