Audit Manager

Job Description

Job Description – Audit Manager – Financial Crime & Fraud Audit
Job Title

Audit Manager – Financial Crime & Fraud Audit

Company

CommBank (Commonwealth Bank of Australia)

Location

Bengaluru (Manyata Tech Park)

Employment Type

Full-time

About CommBank

At CommBank, we are committed to improving the financial wellbeing of our customers by helping individuals and businesses make informed financial decisions and achieve their goals. Every employee contributes through innovation, collaboration, and a customer-first mindset.

The Financial Services division supports the bank’s strategy through expertise in finance, audit, treasury, procurement, property, climate strategy, and investor relations.

Group Audit & Assurance (GA&A) serves as the Bank’s internal audit function, providing independent assurance over governance, risk management, and internal controls while supporting the organization in managing emerging risks.

Job Summary

We are seeking an experienced Audit Manager – Financial Crime & Fraud Audit to lead and deliver high-quality internal audits covering Financial Crime, Fraud, AML/CTF, Regulatory Compliance, Privacy, Conduct, and Legal Risk.

The successful candidate will provide independent assurance, identify key risks, deliver actionable audit insights, and collaborate with senior stakeholders to strengthen governance and risk management across the organization.

Key Responsibilities
Lead and manage audit reviews in line with the annual audit plan.
Deliver independent, objective, and value-added audit services.
Provide assurance on Financial Crime, Fraud, AML/CTF, Regulatory Compliance, Privacy, Conduct, and Legal Risk frameworks.
Prepare high-quality audit reports with practical recommendations and commercial insights.
Support Group Audit Risk Committees and senior leadership with audit findings and risk assessments.
Guide and mentor audit team members on technical and audit methodology matters.
Assist in preparing training materials and upskilling initiatives within the audit function.
Perform ad hoc analysis and prepare reports for senior management.
Support Annual Operating Plans and Quarterly Business Review documentation.
Identify opportunities for process improvement and audit automation.
Provide governance advice on strategic risks.
Build strong relationships with stakeholders across business units.
Ensure compliance with the organization’s Code of Conduct and audit standards.
Required Skills
Strong Financial Crime and Fraud Risk Management expertise.
Experience in AML (Anti-Money Laundering) and CTF (Counter Terrorism Financing) compliance.
Knowledge of Economic & Trade Sanctions regulations.
Understanding of Anti-Bribery & Corruption (ABC) frameworks.
Knowledge of Money Laundering and Terrorist Financing typologies.
Internal Audit and Risk Management expertise.
Strong analytical and problem-solving skills.
Excellent stakeholder management and relationship-building abilities.
Outstanding written and verbal communication skills.
Ability to summarize complex audit findings for senior leadership.
Process improvement and automation mindset.
Strong project management and planning skills.
Experience Required
Significant experience in:
Financial Crime Risk Management
Regulatory Compliance
Internal Audit
Risk Management
Previous experience in:
Large Financial Institutions, or
Professional Services firms specializing in Financial Crime or Regulatory Compliance.
Experience in audit testing and assurance functions is preferred.
Educational Qualifications
Bachelor’s degree in:
Accounting
Finance
Business
Or an equivalent discipline
Preferred Professional Certifications
CPA
CA
ICA
CIA
Or other internationally recognized auditing or accounting qualifications
Preferred Competencies
Leadership and mentoring skills.
Commercial acumen.
Strategic thinking.
Decision-making ability.
High level of integrity and professionalism.
Ability to manage multiple priorities under tight deadlines.
Customer-focused approach.
Adaptability in a rapidly changing financial environment.
Why Join CommBank?
Opportunity to work with one of Australia’s leading financial institutions.
Exposure to enterprise-wide Financial Crime and Fraud Audit functions.
Work alongside experienced audit and risk professionals.
Opportunity to influence governance and risk management practices.
Continuous learning, innovation, and career growth.
Collaborative and inclusive work culture.
Work Location

Manyata Tech Park, Bengaluru

Application Information

Internal Commonwealth Bank employees should apply through the Sidekick internal portal.

For accessibility support during the application process, candidates may contact HR Direct: 1800 989 696.

Advertising End Date: 25 April 2024.