# Manager Operational Risk at Commonwealth Bank of Australia

Commonwealth Bank of Australia is hiring a Manager Operational Risk. Level rates it Little AI ●○○○; you can [apply on Commonwealth Bank of Australia](https://jobsbylevel.com/go/8fbef824-bab2-46f5-88b1-6856a6edabd7?utm_medium=ai-agent).

AI Level 1, AI centrality 35 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 35 out of 100)
- Location: Sydney CBD Area
- Posted: October 22, 2026
- Apply: https://jobsbylevel.com/go/8fbef824-bab2-46f5-88b1-6856a6edabd7?utm_medium=ai-agent
- Free CV review for this job: https://jobsbylevel.com/cv-review?job=manager-operational-risk-at-commonwealth-bank-of-australia-59daeb

## Description

Manager Operational Risk See yourself in our team: Risk Management (RM) is responsible for developing the risk frameworks to allow the Group to take conscious exposures to credit, market, operational, compliance and insurance risks within the approved appetite. The Group Support Units (GSU) Line 2 Risk team provide independent review and challenge of Non-Financial Risk Management activity within the Support Unit (SU) businesses (Marketing & Corporate Affairs, Financial Services, Group Strategy, Legal & Group Secretariat, Human Resources and Risk Management). The team includes a diverse group of Line 2 Operational Risk, Compliance and Assurance professionals. See yourself in the team: As an Operational Risk Manager, you will support the Senior Manager and Executive Manager to embed and monitor adherence with the Operational Risk Management Frameworks (ORMF). Your main focus will be to support operational risk activities across GSU, working with Line 1 and other Line 2 risk teams to ensure there is adequate implementation, management and oversight over the Group’s Frameworks. Your day could look like but not limited to: Supporting operational risk management activities such as assessment of risks, controls, issues and incidents, with a focus on providing relevant insights linked to key business initiatives and key risks; Having a pragmatic approach and exercising judgment to ensure compliance with the ORMF while maximising the benefit for the business and customers; Providing a ‘bigger picture’ as to how risk activities support the business in achieving its strategy; Applying industry and business knowledge to proactively identify and pursue meaningful risk activity; Performing ‘deep dives’ and other reviews to provide assurance and an independent Line 2 opinion on risk management; Reporting on risk exposures in the preparation of reporting for Non-Financial Risk Committees or other risk reporting as needed; Building strong working relationships with Group functions, Line 1 risk and business stakeholders. What successful candidates will look like? We work in an outcomes driven environment, where the emphasis is on great team-work to achieve results. Ideally you will bring experience in operational risk, gained within financial services. You will also be able to demonstrate strong stakeholder management and critical thinking capabilities, with the ability to apply judgment to achieve pragmatic outcomes. We're interested in hearing from people who have: Demonstrated operational risk management experience within banking or financial services, including hands-on application of risk frameworks, risk assessments, controls, issues and incident management Strong knowledge of operational risk management frameworks, tools and techniques, with the ability to provide risk advice and challenge stakeholders Experience undertaking risk monitoring, assurance and control testing activities and using the outcomes to drive risk improvements A strong understanding of key business processes, risks and internal controls within a complex, regulated environment Demonstrated operational risk management experience within banking or financial services, including hands-on application of risk frameworks, risk assessments, controls, issues and incident management Strong knowledge of operational risk management frameworks, tools and techniques, with the ability to provide risk advice and challenge stakeholders Experience undertaking risk monitoring, assurance and control testing activities and using the outcomes to drive risk improvements A strong understanding of key business processes, risks and internal controls within a complex, regulated environment If this sounds like the role for you then we would love to hear from you. Apply today! At CommBank, we're committed to creating an accessible, inclusive and respectful workplace. If you require support or adjustments, please let us know. We welcome applications from people of all backgrounds and we're

The description is cut here. Read the full offer: https://jobsbylevel.com/jobs/manager-operational-risk-at-commonwealth-bank-of-australia-59daeb

Source: https://jobsbylevel.com/jobs/manager-operational-risk-at-commonwealth-bank-of-australia-59daeb

## Cite this page

Level. https://jobsbylevel.com/jobs/manager-operational-risk-at-commonwealth-bank-of-australia-59daeb.

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