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senior risk manager
Senior Risk Manager
x15ventures
Risk
Sydney / Melbourne
The Opportunity
Who we are
We’re a venture-scaler powered by CommBank. That means we build, buy, and invest in startups that could benefit the bank’s 15 million customers and beyond.
Because of what we do, we’re really neither corporate, nor startup – instead we’re happily navigating the space between both worlds. We're close enough to benefit from the bank’s strategy, scale, and stability, but separate enough that we have the autonomy to try new things.
What it’s like to work here
We’re a community of galvanisers, thinkers, and doers. We have a big, bold vision, which so far no-one has nailed (including us). That excites, rather than deters, us.
We never lose sight of the impact we can have on people’s lives, and the role that each of us plays in shaping the bank of the future. We don’t take ourselves too seriously and make time to connect to celebrate and grow our people.
At x15, we’re guided by three values: Care, courage, and commitment. And what does that mean? We’re aware, attuned, and always act to help our people and our customers. We’re more than just job titles and we don’t hide the human stuff. We lead with grit and grace and do what's right – even if it's hard. And, whatever happens, we always find a way.
Where would you fit?
The Chief Controls Office is the first line of defence for risk management across x15’s portfolio of digital ventures. We play a vital role in helping our ventures grow safely by identifying and managing risks early, and by embedding practical and efficient controls into the way we work.
Our mission is simple: to support x15 in solving real customer problems while delivering excellent outcomes for both our customers and the business.
Role overview
We’re looking for a risk leader to join x15ventures, reporting directly to the Head of Risk. This is a rare opportunity to shape the risk culture and strategy across our growing portfolio of nine digital ventures — while also playing a key role in the build, buy and invest strategy that powers the next wave of innovation for CommBank.
In this role, you’ll be at the forefront of new technologies and emerging businesses in financial services and beyond. You’ll partner closely with founders, venture leaders, and CBA stakeholders to deliver innovation at pace — ensuring it happens in a safe, sound, and secure way.
You will to need to apply strong risk management principles to new and emerging areas, while driving transformation and working with high-performing team across all competencies including product and technology. You’ll have the independence to make an impact and the opportunity to influence key stakeholders by building and maintaining strong relationships across x15ventures and CommBank.
On any given day, you will
Play a hands-on role in managing risk for strategic and innovative initiatives.
Work with senior stakeholders to explain and manage risk, compliance obligations, and operations within appetite.
Support ventures as they scale by driving risk uplift through action planning, delivery, and reporting.
Provide thought leadership to transform and strengthen risk management practices.
Partner with the business to embed a strong risk culture, governance, and reporting.
Identify and communicate risk management requirement, providing insights to senior leaders and governance committees.
Build and maintain strong relationships with ventures, CBA business partners, Line 2 Risk, and Group Audit.
What Will Help You Succeed
Proven experience in Operational Risk, Compliance, or Program Delivery.
Knowledge of financial crime, payments, and financial services licensing obligations.
Experience working with financial services, technology, and transformation programs.
A passion for digital innovation and staying ahead of emerging industry trends, controls, and risks.
A strong track record of building relationships and influencing stakeholders at all levels.
Ability to think critically and analytically, using data-driven insights to solve problems.
Confidence working across multiple ventures and initiatives simultaneously.
Why Join Us?
Enjoy a flexible and dynamic startup environment
We nurture a safe space for our people to show up as they are!
Competitive salary and bonus structure
Opportunities for professional growth and development
Access to the best in class benefits that CommBank offers.
Research shows that people from underrepresented backgrounds sometimes hesitate to apply for roles if they don't meet every requirement. If this is you, don’t worry - we still encourage you to apply. We are committed to creating a workplace that supports long-lasting and meaningful careers for everyone, and your unique skills and perspective might be just what we’re looking for!
About x15
What is x15ventures?
We're a venture scaler powered by CommBank. We build, buy and invest in startups that will benefit the bank's 15 million customers and beyond.
We're navigating the space between corporate and startup worlds and harnessing the collision of careers, ideas and expertise to help build and scale the next generation of digital businesses.
© 2023 CBA New Digital Businesses Pty Ltd ABN 38 633 072 830 and Australian Credit Licence 516487, trading as x15ventures. x15ventures is a trade mark of CBA New Digital Businesses Pty Ltd. CBA New Digital Businesses Pty Ltd is a wholly owned but non-guaranteed subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124. CBA New Digital Businesses Pty Ltd is not an Authorised Deposit-taking Institution for the purposes of the Banking Act 1959 and its obligations do not represent deposits or other liabilities of Commonwealth Bank of Australia. Please refer to the venture websites for specific venture-related disclosures and other important information. Read our Privacy Policy.
© 2023 CBA New Digital Businesses Pty Ltd ABN 38 633 072 830 and Australian Credit Licence 516487, trading as x15ventures. x15ventures is a trade mark of CBA New Digital Businesses Pty Ltd. CBA New Digital Businesses Pty Ltd is a wholly owned but non-guaranteed subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124. CBA New Digital Businesses Pty Ltd is not an Authorised Deposit-taking Institution for the purposes of the Banking Act 1959 and its obligations do not represent deposits or other liabilities of Commonwealth Bank of Australia. Please refer to the venture websites for specific venture-related disclosures and other important information. Read our Privacy Policy.