Senior Internal Audit Manager

Your Business And Team:

In Financial Services, we support the Group’s strategy of building tomorrow’s bank today for our customers, through a focus on three key priorities of trust, resilience and capital generation. Financial Services partner with all areas of CommBank to specialist advice, support and services in finance, audit, treasury, property, procurement, climate strategy and investor relations.

The Commonwealth Bank of Australia (CBA) is Australia's leading provider of integrated financial services. We are committed to continuously improving governance practices and ensuring that they are aligned with business, stakeholders and customers’ needs. Group Audit and Assurance (GA&A) are the internal audit function for CBA and its International Branches. Our primary purpose is to provide independent and objective assurance of the effectiveness of the Groups risk management, controls and governance processes.

Evolving customer expectations, competitive threats and pace of change requires GA&A to support the business with new insights and risk coverage that puts customers first whilst providing insightful assurance to the Board. As digital technology disrupts and transforms entire industries and ways of working, GA&A is committed to keeping pace and continually reimagining ourselves with the latest global best technology and innovation.

Over the last three years GA&A has increasingly embedded digital assurance into audit activities, injecting Artificial Intelligence (AI) into routine control testing and using digital tools to improve the overall experience for employees.

By reducing administrative overhead, GA&A has increased our team’s capacity for high value judgement-based activities and expanded our support to include sharing knowledge and tools that create better risk coverage across the Bank for all Three Lines of Assurance. With global-best digital tools that harness the power of data, analytics and AI, GA&A are delivering smarter, faster and safer outcomes to address current and emerging risks and provide better assurance outcomes for our customers and community.

Your Role:

The GA&A Europe audit team is responsible for covering CBA’s wholly owned subsidiary, CBA (Europe) NV in Amsterdam and CBA International Branches in London and New York. We are recruiting an experienced Senior Audit Manager to be located in London. The Senior Audit Manager role is a pivotal role within this team and your role is to support the audit team to successfully execute the Annual Audit Plan. This role will report into CBA (Europe) NV’s Head of Internal Audit in Amsterdam.

Your Responsibilities:

The key responsibilities in this role in order to support the overall delivery of the Annual Audit Plan are:

• Coordinating and performing local regulatory required and thematic audits, as well as supporting group-wide end-to-end product and/or thematic audits sampling CBA London Branch in line with GA&A audit methodology.
• Drive appropriate use of analytics and AI, to achieve audit efficiency and deeper insights (i.e. the use of analytics on lead-in reviews, and KRI monitoring to drive audit scope and targeted audit testing).
• Preparing simple, pragmatic and easy to read reporting for review, including audit reports, issue logs and inputs into risk-and governance reports.
• Deliverables include Planning, Fieldwork, Reporting, through to audit closure including administration of key audit stage-gates in the audit electronic workflow system.
• Validating closure of audit and regulatory issues in compliance with CBA’s issue validation policies.
• Performing continuous monitoring to capture key and emerging risks to ensure the Audit Plan remains dynamic and relevant.  
• Monitoring and assessing local regulatory changes impacting GA&A’s Annual Audit Plan.
• Create and develop independent, objective, and high impact relationships within GA&A, the bank and externally to enable effective knowledge sharing and collaboration and buy-in to strategic initiatives.

Your Qualifications And Experience:

• Relevant professional credentials (e.g. CIA, CFA, FRM or ACA/FCA).
• Experience in the financial services industry covering Institutional Banking and Markets products (i.e. Global Markets and Lending). Specific knowledge and experience in auditing and/or experience in Line 2/1 roles in Commodities would be an added advantage.
• Extensive knowledge of local regulatory requirements (i.e. Bank of England - BoE, Prudential Regulation Authority - PRA, and Financial Conduct Authority - FCA).
• Demonstrated ability in building strong customer relationships based on credibility, rapport and trust.
• Experience in auditing through agile discipline is desired but not necessary.
• Ability in deriving commercial insights, such as simplifying overly complex processes.
• Strong influential communicator with the ability to build successful relationships with a broad range of stakeholders.
• Excellent project management and organizational skills to deliver across multiple competing and time-bound priorities.
• Strong communication (written and verbal) and stakeholder engagement with the ability to present and influence management.
• Team player, who can build strong relationships based on credibility and trust, work collaboratively with management and control functions, driven by a proactive, self-starting mentality and strong analytical skills.
• Appetite for occasional international travel to participate on audit assignments.

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: 07/10/2025