Risk and Controls Analyst Line 1 - Sydney, CBD

Two opportunities available – Join our Controls Excellence team in either a permanent role or a 12-month max-term contract/secondment and help strengthen Business Banking's risk and control environment.Make a real impact – Influence how controls are designed, tested, automated and monitored across one of Australia's largest business banking franchises.Develop highly sought-after risk skills – Gain exposure to senior stakeholders, strategic risk initiatives, data-driven controls, and continuous improvement programs that shape the future of Business Banking.

The Team

We currently have two exciting opportunities available within our Controls Excellence team:

Permanent Full-Time Analyst position, replacing a team member who has recently progressed through an internal promotion.12-Month Max-Term Contract / Secondment Analyst opportunity, providing exposure to a broad range of risk and controls initiatives across Business Banking.

The Business Banking Central Controls Office (CCO) focus is on driving simpler and better risk and regulatory outcomes through provision of transparency, consistency and insight to our Business Banking divisions. We do this through robust Governance practices, the application of Frameworks and Policy in a consistent manner across BB and via centres of excellence where specialised resources are required for targeted risk focus areas.

The Controls Excellence function in the BB CCO is responsible for supporting all Lines of Business in improving the strength of our control environment, through automation and rigorous testing. The Controls Assurance team is responsible for ensuring that we have a current and accurate view of the health of our control environment by performing control testing on behalf of the business.

Do work that matters

This role will support the BB CCO Controls Excellence Team to increase the strength and efficiency of BB’s control environment through control testing, automation, rationalisation and continuous monitoring. As trusted partners of Business Banking, we will collaboratively find innovative solutions to drive the most efficient controls environment across BB.

Your Impact

Working with our Manager Risk and Control Advisory and Delivery, as an Analyst you’ll be responsible for:

Conduct design and operating effectiveness testing in line with the Group’s Controls Assessment Program (CAP)Assist in planning and scheduling the controls testing program to ensure accurate representation of Business Banking Risk ProfilesRecommend, design, and build fit-for-purpose controls to uplift the risk and controls environmentMonitor and resolve data quality exceptions related to controls

We’re Interested In Hearing From People Who Have

Experience in banking, financial services, or operational risk management (Business Banking or Big 4 experience highly regarded)Strong written and verbal communication skills, with the ability to think critically and analyticallyA data-driven approach to problem solving and risk identificationThe ability to influence and build relationships across all levels of the organisation

Risk and Controls Analyst

The role is putting the customer at the centre of our risk decisions.We are an outcomes focused team.You have an eye for detail.

Working with us

Whether you’re passionate about customer service, driven by data, or called by creativity, a career with CommBank is for you. Our people bring their diverse backgrounds and unique perspectives to build a respectful, inclusive, and flexible workplace with flexible work locations. One where we’re driven by our values, and supported to share ideas, initiatives, and energy. One where making a positive impact for customers, communities and each other is part of our every day.

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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Advertising End Date: 25/08/2026