Manager/Senior Manager, Market Risk Oversight Our Traded Market Risk team provide Line 2 Oversight of Commodities Trading Book, , and support the collection of market data and positions for the measurement of market risk exposures that feed regulatory and economic capital. Our customers include Global Markets (Commodities, FX, Fixed Income and Rates), ASB Global Markets, PTBC Global Markets, Structured Asset Finance and Advisory & Equity Solutions and CommSec Capital Markets teams within Institutional Banking & Markets (IB&M), ASB, Business and Private Banking (B&PB) and International Financial Services (IFS) business units. As the Manager/Senior Manager you’ll support the implementation and communication of market risk management policies, to monitor market and liquidity risk undertaken by the commodities business against the limit framework, and advise the business on risk management strategies to minimise market and liquidity risk. In any given week you will: Participates in monitoring market and liquidity risks to ensure that they are within limit thresholds. Explains market and derivatives policies and processes to other departments. Continuously assess the market risk profile. Applies sound understanding of treasury products, market risk matters, systems, practices & controls. Implements complex and significant market and liquidity risk management projects. Contributes to developing action plans to resolve issues. Re-designs processes to better manage, measure, and monitor market and liquidity risks. Coordinate the production of several month end reports for various committees and other ad hoc insights as required. Communicates results and analysis of market risks to management and key internal stakeholders and actions those with the business unit Develops market risk analysis; designs derivatives risk metrics and tools to help manage, measure, and monitor market and liquidity risks. Review and analysis of stress testing results; evolving the design of traded and non-traded limit frameworks and risk measures covering risk sensitivity dimensions, liquidity risks, gross portfolio limits, VaR, stress test scenarios. We're interested in hearing from people who have: Experience and working knowledge in Commodities and/or Carbon is desirable. Demonstrated experience in traded market risk (either Line 1 or 2). An awareness of industry conditions and the competitive and regulatory landscape impacting capital markets businesses. Demonstrate capability to make risk decisions independently with full consideration of commercial, customer and risk impacts. Well-developed stakeholder and customer management skills and be able to communicate your thoughts and ideas clearly using written and verbal techniques Working at CommBank At CommBank, we support our people with the flexibility to balance where work is done with at least half their time each month connecting in office. We also have many other flexible working options available including changing start and finish times, part-time arrangements and job share to name a few. Talk to us about how these arrangements might work in the role you’re interested in. 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: 25/06/2024 Whether you’re passionate about customer service, driven by data, or called by creativity, a career with CommBank is for you. Our people bring their diverse backgrounds and unique perspectives to build a respectful, inclusive and flexible workplace. One where we’re driven by our values, and supported to share ideas, initiatives, and energy. One where making a positive impact for customers, communities and each other is part of our every day. Here, you’ll thrive. You’ll be supported when faced with challenges, and empowered to tackle new opportunities. We really love working here, and we think you will too.