Lead AI and Technology Compliance

About the role

CommBank is seeking a Lead AI and Technology Compliance professional to provide senior Line 2 compliance oversight for the Group's use of artificial intelligence, AI-enabled tooling and technology initiatives. The role advises and partners with senior stakeholders on emerging risks, regulatory expectations and control requirements, guides a team of compliance professionals and contributes to the Group's approach to responsible innovation.

Key responsibilities

• Oversee Line 2 compliance advice for group-level AI matters, AI-enabled tools and the Technology support unit.
• Provide compliance guidance, input and independent challenge on the Group's AI and technology governance, policies, standards and controls.
• Partner with Technology, Data, AI, Legal, Privacy, Operational Risk, Model Risk, Cyber and business teams to assess AI and technology risks while keeping distinct Line 2 accountabilities.
• Monitor regulatory and industry developments on AI and emerging technology and represent Compliance in regulator engagement.
• Lead governance reporting and executive insights, including material exposures, trends and areas needing management attention.
• Guide risk-based monitoring, assurance and Line 2 reviews, including Group-wide AI reviews.
• Build and retain a high-performing compliance team.

Required profile

• Extensive senior-level compliance experience in banking, financial services, a regulator, legal or another highly regulated environment, with strong knowledge of Line 2 accountabilities.
• Demonstrated familiarity with AI, including contemporary AI tooling and use cases, and experience assessing the compliance and regulatory implications of AI-enabled solutions.
• Practical experience performing or overseeing risk assessments for AI, digital or technology initiatives and translating risks into governance, controls and actions.
• Proven track record guiding and developing high-performing compliance, risk, legal or control teams at a senior level.
• Tertiary qualification in law, risk, finance, business, technology or a related discipline; professional qualifications or accreditations highly regarded.

Required skills

• Strong grasp of compliance frameworks, obligations management, regulatory change, issues and incidents, governance, monitoring and assurance.
• Ability to translate complex technology concepts between technical, business and regulatory stakeholders; deep engineering expertise not required.
• Strong judgement and the ability to work credibly with senior executives while maintaining Line 2 oversight.