Manager - ECR Model Risk & Governance in Sydney

Economic Crime Risk (ECR) sits within CBA’s Risk Management function and is responsible for setting the strategy, frameworks and oversight that protect the Group, our customers and the community from financial crime, fraud and scams. A critical part of this accountability is ensuring that ECR-owned models are effectively governed, continuously monitored and operating within risk appetite throughout their lifecycle. The ECR Model Risk & Governance team ensures our Financial Crime and Fraud models are well controlled, compliant with the Group Model Risk Management Framework and supported by strong, consistent governance practices.

What your role will involve:

• Govern the model suite
• Maintain an accurate, current view of all ECR-owned Financial Crime and Fraud models, ensuring Group Model Register (GMR) records are complete, current and reflect each model’s lifecycle status
• Coordinate scheduled governance activity; fit-for-purpose reviews, model risk assessments, performance monitoring reviews, validations and approvals
• Ensure models remain compliant with the Group Model Risk Management Framework and supporting standards
• Track open model risk findings, actions and risk acceptances
• Partner across the model lifecycle
• Work closely with model owners, developers and validators to support validations, fit-for-purpose reviews and remediation activity
• Engage with the central Model Risk and Model Policy governance teams
• Review model documentation, performance results and monitoring outcomes
• Run governance and reporting
• Plan, prepare and facilitate regular governance sessions with senior stakeholders
• Build and maintain dashboards and reporting (e.g. Power BI)
• Translate technical model outcomes into clear, decision-ready insights
• Support internal audit, assurance and regulatory reviews
• Build model risk and governance maturity
• Establish consistent governance rhythms, reporting cycles and escalation pathways
• Uplift governance processes, templates and documentation
• Identify control gaps or emerging model issues early
• Help build artefacts that build the maturity of the function
• Support the Executive Manager across the model governance agenda

We’re interested in hearing from people who have:

• Exposure to model governance, model risk management, model validation or risk and control roles
• An understanding of Financial Crime and/or Fraud
• Basic data science knowledge
• Experience working closely with model owners, developers, validators and model risk or policy governance teams
• Confidence preparing papers and running governance sessions with senior stakeholders
• Strong organisation and follow-through across a complex portfolio of models
• Clear written and verbal communication

Highly regarded:

• Experience building dashboards and reporting using Power BI or similar tools
• Familiarity with CBA Model Risk Management frameworks
• Working knowledge of SQL and/or Python
• Tertiary qualifications in a quantitative, risk or related discipline

This is a highly visible role at the center of how ECR governs its Financial Crime and Fraud models. You will gain broad exposure to senior stakeholders, governance committees and enterprise model governance functions across the Group.