# Manager - ECR Model Risk & Governance at Commonwealth Bank of Australia

Commonwealth Bank of Australia is hiring a Manager - ECR Model Risk & Governance. Level rates it Little AI ●○○○; you can [apply on Commonwealth Bank of Australia](https://jobsbylevel.com/go/36a48feb-969c-44a2-846c-75ef5ffca562?utm_medium=ai-agent).

AI Level 1, AI centrality 31 out of 100. Sydney CBD Area.

## Details

- Company: [Commonwealth Bank of Australia](https://jobsbylevel.com/companies/commonwealth-bank-of-australia)
- AI level: AI Level 1 (score 31 out of 100)
- Location: Sydney CBD Area
- Posted: October 22, 2026
- Apply: https://jobsbylevel.com/go/36a48feb-969c-44a2-846c-75ef5ffca562?utm_medium=ai-agent
- Free CV review for this job: https://jobsbylevel.com/cv-review?job=manager-ecr-model-risk-governance-at-commonwealth-bank-of-australia-0ec5ba

## Description

See yourself in our team Economic Crime Risk (ECR) sits within CBA’s Risk Management function and is responsible for setting the strategy, frameworks and oversight that protect the Group, our customers and the community from financial crime, fraud and scams. A critical part of this accountability is ensuring that ECR-owned models are effectively governed, continuously monitored and operating within risk appetite throughout their lifecycle. The ECR Model Risk & Governance team ensures our Financial Crime and Fraud models are well controlled, compliant with the Group Model Risk Management Framework and supported by strong, consistent governance practices - so they remain fit for purpose in a rapidly evolving economic crime environment. What your role will involve Reporting to the Executive Manager, ECR Model Risk & Governance, you will help lead model risk and governance across all ECR-owned models spanning Financial Crime and Fraud. You will make sure required controls are executed, model performance and risks are visible, and issues are surfaced and actioned early. You will be the day-to-day connection point between model owners, developers, independent validators and the central Model Risk and Model Policy governance teams - running the governance rhythm, preparing clear reporting and dashboards, and facilitating governance sessions with senior stakeholders. This is a hands-on role that combines governance discipline with practical analytical capability. You won’t need to build models, but you will need enough data science understanding to read model documentation, interpret performance results and ask the right questions. On any given day, you will Govern the model suite Maintain an accurate, current view of all ECR-owned Financial Crime and Fraud models, ensuring Group Model Register (GMR) records are complete, current and reflect each model’s lifecycle status Coordinate scheduled governance activity; fit-for-purpose reviews, model risk assessments, performance monitoring reviews, validations and approvals - keeping model owners ahead of due dates Ensure models remain compliant with the Group Model Risk Management Framework and supporting standards, with required controls executed and evidenced Track open model risk findings, actions and risk acceptances, driving timely and well-evidenced closure with model owners Partner across the model lifecycle Work closely with model owners, developers and validators to support validations, fit-for-purpose reviews and remediation activity Engage with the central Model Risk and Model Policy governance teams to ensure alignment to policy, standards and governance expectations Review model documentation, performance results and monitoring outcomes, and provide constructive challenge on performance, drift, limitations and remediation plans Run governance and reporting Plan, prepare and facilitate regular governance sessions with senior stakeholders, including agendas, papers, decisions and action tracking Build and maintain dashboards and reporting (e.g. Power BI) on model estate health, findings, upcoming obligations and model performance Translate technical model outcomes into clear, decision-ready insights for ECR leadership and governance committees Support internal audit, assurance and regulatory reviews with robust, audit-ready outputs Build model risk and governance maturity Establish consistent governance rhythms, reporting cycles and escalation pathways Uplift governance processes, templates and documentation to improve scalability and consistency, without adding unnecessary bureaucracy Identify control gaps or emerging model issues early and ensure they are raised, rated and managed in line with Group issue management standards Help build artefacts that build the maturity of the function, e.g. playbooks, checklists, guidelines, Standard operating Procedures, etc. Support the Executive Manager across the model governance agenda, representing the team in working groups and forums

The description is cut here. Read the full offer: https://jobsbylevel.com/jobs/manager-ecr-model-risk-governance-at-commonwealth-bank-of-australia-0ec5ba

Source: https://jobsbylevel.com/jobs/manager-ecr-model-risk-governance-at-commonwealth-bank-of-australia-0ec5ba

## Cite this page

Level. https://jobsbylevel.com/jobs/manager-ecr-model-risk-governance-at-commonwealth-bank-of-australia-0ec5ba.

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