Director G20 Regulatory Reform Oversight
- Recruiter
- CommBank
- Location
- Sydney CBD Area
- Salary
- Competitive salary
- Posted
- 12 Nov 2019
- Closes
- 19 Nov 2019
- Ref
- 40071009_12102019
- Approved employers
- Approved employer
- Job role
- Business analyst
- Contract type
- Permanent
- Hours
- Full time
- Experience level
- Director
Do Work That Matters:
Institutional Banking and Markets (IB&M) is responsible for managing the Group's relationships with major corporate and government clients and institutional investors, and provides a full range of capital raising and risk management products and services.
The division also performs an important internal role for the Group by providing FICC market, equity derivatives, lending and capital markets execution capabilities to other CBA business units that allows them to capture opportunities with their customers.
See Yourself in Our Team:
The IB&M Non-Financial Risk and Conduct function supports is responsible for developing the non-financial risk strategy and supporting the business to proactively reduce risk exposure in the business in the context of IB&M‘s risk appetite. The Non-Financial Risk and Conduct team is the central conduit between the business, Line 2 and regulators.
The Regulatory Reform team, within NFR&C, is accountable for managing global regulatory change initiatives to ensure IB&M meets its regulatory compliance objectives as well as address strategic business considerations.
Key Responsibilities Will Include:
You will be accountable for providing subject matter expertise and support for IB&M leaders in relation to G20 regulatory reform compliance obligations. You will also provide support on regulatory engagements in line with the Group’s regulatory engagement approach and protocols.
Specifically, you will:
- Support the business in ensuring adherence with G20 regulatory reform risk frameworks including policies by developing, implementing and improving our risk approach and control environment across IB&M, its divisions and global locations.
- Monitor IB&M’s adherence to G20 regulatory reform compliance obligations and advise on remediation activities required to meet regulatory requirements.
- Work with Line 2 to provide appropriate and timely regulatory reporting.
- Champion and drive a continuous improvement mind-set that optimises the risk culture and control environment of the business.
- Support the business to respond appropriately to changing Board and regulatory expectations, business practices, processes and implementing new controls.
As the Regulatory Reform team works in a project-based environment you may also be required to sponsor/lead some projects and initiatives. In addition your direct reports may also be required to be contribute to projects and initiatives.
We’re Interested in Hearing From People Who Have:
- Experience dealing with regulatory and compliance issues within a major financial institution, audit firm or other major company.
- Previous experience of successfully delivering regulatory reform change programs across G20 reform agenda
- Knowledge of current applicable regulatory requirements relevant to regulated financial institutions in Australia and / or other global locations, preferable in IB&M Business
- Experience in senior stakeholder management, able to influence, communicate clearly and deliver on a strategic agenda in a complex business under intense regulatory scrutiny
- Strong negotiation and influencing skills that enable constructive working relationships with senior leaders in the business unit and the Group;
- Ability to improve processes from a risk and controls perspective
- Excellent written and oral communication, experience with drafting business processes, procedures and controls highly desirable
We’re all about making your search for your dream job at CommBank as easy as possible, which is why we’re moving to a new system. We’ll be making the change from the 15th Nov to 2nd Dec, so you won’t be able to apply for any jobs with us during that time. But we will be back and better than ever soon.
At CommBank, we're committed to building a diverse and inclusive workforce reflecting the customers, businesses and communities we serve. As a value's driven organisation, we nurture and support our people; through focussing on skill and talent development, collaboration, flexibility and internal promotion. With service in mind at every touch point, we take accountability for the role we play in securing and enhancing the financial wellbeing of people, businesses and communities. At CommBank you can be you
Applications close: 14 Nov 2019 AUS Eastern Daylight Time
For further information, and to apply, please visit our website via the “Apply” button below.
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