Commonwealth Bank of Australia

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Group Audit & Assurance (GA&A) provide independent, objective and commercial risk focused assurance to the Board Audit Committee to assist the Group in securing and enhancing the financial wellbeing of its stakeholders. GA&A were recognised by Ernst & Young and PwC as the leading internal audit function among Australian peers in the financial services industry.

See yourself in our team

The Financial Risk Audit team is a newly formed function within GA&A focusing on the group’s Financial Risk particularly related to the frameworks, policies and models associated with Credit Risk, Market Risk, Funding, Liquidity and Capital.

Do work that matters

The Markets, Funding and Liquidity Frameworks and Policies team reviews the effectiveness of our frameworks and policies that seek to mitigate the risks associated with our internal and external obligations in these areas and the risk associated with the market related transactions in the relevant portfolios.

The team will work closely with the Models team as well as the audit teams that cover Retail, Business and Institutional Banking. Your work will ultimately contribute to high quality audit reports focused on Group’s credit policies, standards and procedures.

This work aids our stakeholders make a difference to their business and protects the Group and our customers.

Your Responsibilities:

• Oversee effective and efficient planning and delivery of audits and assist your Executive Manager in building a dynamic, risk-based Audit Plan to appropriately capture key and emerging risks
• Effectively support, supervise and deliver assigned scope areas of the audit from Planning, Fieldwork, Reporting, and through to audit closure including administration of key audit stage-gates in the audit electronic workflow system
• Interview customers & conduct process walkthroughs to understand & risk assess the business’ risk and control environment
• Solve problems by applying innovative thinking and actively participate in processes to capture and act on innovation ideas, which improve the way we work
• Draft issues and agree factual accuracy and ratings with the Team Leader and the stakeholders, as well support the Executive Manager in preparing simple, pragmatic and easy to read audit reports and issue logs
• Create and develop independent and objective relationships within GA&A, the bank and externally to enable effective knowledge sharing and collaboration.

We’re interested in hearing from people who have:

• Extensive understanding and experience in risk or internal or external audit covering key risk management and finance processes/controls
• Depth of knowledge of the markets, liquidity and funding risk and the controls used to mitigate these risks.
• Strong communication (written and verbal) and senior stakeholder engagement with the ability to present and influence senior management Knowledge of, and experience in, internal/external audit and risk management (desirable)
• Relevant internationally recognised auditing or professional accounting qualifications

Is this your next challenge, apply Now!

If you're already part of the Commonwealth Bank Group (including Bankwest), 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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Advertising End Date: 31/07/2021