Organization At CommBank we never lose sight of the role we play in other people s financial wellbeing Our focus is to help people and businesses move forward to progress To make the right financial decisions and achieve their dreams targets and aspirations Regardless of where you work within our organisation your initiative talent ideas and energy all contribute to the impact that we can make with our work Together we can achieve great things Job Title Financial Crime Operations - Risk Controls - Senior Analyst Location Bangalore Business Team Financial Crime Operations Impact contribution We are seeking a proactive and detail-oriented Risk Controls Senior Analyst to join our team at a leading bank The ideal candidate will have an inquisitive mindset the ability to challenge existing processes and a passion for driving efficiency This role is critical in strengthening the bank s risk management framework and ensuring operational resilience in a dynamic financial environment Roles Responsibilities Risk Management Identify assess and mitigate risks across various banking functions ensuring compliance with internal policies and external regulations Continuously monitor and evaluate risk exposure proposing appropriate controls to address emerging challenges Conduct root cause analysis of incidents providing actionable recommendations to prevent recurrence Driving a strong risk awareness across the business contributing to the prioritization design and implementation of the operational risk principles into the business Controls Framework Develop implement and maintain a robust controls framework to ensure alignment with regulatory and organizational requirements Perform periodic reviews and testing of controls to identify gaps and areas for improvement Collaborate with business units to design and refine control processes that support operational efficiency Challenging Current Practices Review and analyse existing workflows identifying inefficiencies or outdated practices Proactively challenge the status quo by proposing creative solutions and process improvements Drive a culture of continuous improvement by promoting best practices and operational excellence Stakeholder Engagement Act as a trusted advisor to senior management providing insights and recommendations on risk and control matters Collaborate with cross-functional teams including Compliance Audit and Operations to align risk management strategies with business goals Managing the interface between the business internal audit second line of defence and other critical functions as well as the wider risk and controls teams Prepare and present detailed reports on risk and control assessments to relevant stakeholders Regulatory Compliance Stay updated on regulatory developments and ensure timely implementation of changes within the organization Support regulatory audits and inspections by providing necessary documentation and insights Essential Skills Min 7 years of relevant experience in business management operations or a similar field Substantial experience in leadership roles managing teams and projects Experience in the same or similar industry can be beneficial for understanding industry-specific challenges and opportunities Experience in liaising with various stakeholders including executives department heads and external partners Excellent verbal and written communication skills to effectively interact with internal and external stakeholder Ability to lead and motivate teams providing clear direction and support Strong problem-solving skills to address challenges and identify opportunities for improvement Exceptional organizational and time management skills to handle multiple tasks and deadlines efficiently Ability to adapt to changing circumstances and handle unexpected challenges Educational Qualifications A bachelor s degree in business administration management finance or a related field is typically required A master s degree e g MBA or other advanced degrees can be advantageous 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 We re aware of some accessibility issues on this site particularly for screen reader users We want to make finding your dream job as easy as possible so if you require additional support please contact HR Direct on 1800 989 696 Advertising End Date 08 10 2025

📌 Financial Crime Operations - Risk & Controls - Senior Analyst (Karnataka)
🏢 Commonwealth Bank of Australia
📍 Karnataka