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About the Role
Join the legal team supporting Payments and Everyday Business Banking at CommBank. We are a collaborative team of experienced lawyers advising on strategic initiatives, product innovation, and complex legal and regulatory matters across banking, payments, and digital channels. We work closely with business stakeholders to support both new product development and the ongoing management of a significant portfolio of customer products and services. We value clear communication, thoughtful judgment, practical thinking, humour, and humility, and pride ourselves on being a supportive and high-performing team. This is an excellent opportunity for a senior lawyer looking to broaden their practice across payments, digital products, and strategic business initiatives within a sophisticated in-house environment. We are supported by CommBank’s broader in-house legal function and rely on panel firms for most individual lending transactions, so that we can focus on strategic, high-value work for the business.
Responsibilities
- Advise on a broad range of matters, including payments, retail and business banking and financial services regulation.
- Advise on core transaction banking products including deposit accounts and payment acceptance.
- Advise on new payments, digital and technology-enabled products and services, including API-enabled and AI-supported solutions.
- Advise on customer terms and bespoke commercial agreements.
- Advise on strategic commercial transactions and complex contracting.
- Advise on regulatory change, risk and business transformation initiatives.
- Advise on customer issues including scams, complaints, breach reporting and remediation.
- Collaborate closely with product, risk and compliance stakeholders and other legal teams, providing practical advice on complex and often novel issues in a fast-paced environment.
Requirements
- 7+ years’ relevant post admission experience, ideally including at least 4 in private practice.
- Experience advising on complex matters within financial services, payments, fintech or technology environments is desirable.
- A solid understanding of relevant regulatory frameworks such as financial services and payments regulation, privacy, AML, and consumer protection.
- The ability to draft, negotiate and drive complex commercial agreements to completion, and to support those relationships once in place.
- Strong legal judgment and technical capability, with the confidence to guide practical, compliant solutions where regulatory or customer risks arise.
- Strong communication skills and the ability to engage effectively with stakeholders across a broad range of functions and seniority levels.
- A collaborative and solutions-focused approach, with a genuine interest in how products, systems and operations work in practice.
- Integrity, humility and a strong team mindset, including openness to feedback and peer review.
- A willingness to contribute to the team’s precedents, knowledge resources and responsible use of legal AI tools.
Skills
- Financial services
- Commercial
- Technology
- Transactional experience
- Payments
- Digital products
- Regulatory matters
- Communication skills
- Legal judgment
- Technical capability
- Collaboration
- Solutions-focused approach
- Integrity
- Humility
- Team mindset
- Openness to feedback
- Peer review
- Responsible use of legal AI tools
Location
- CommBank
Work Type
- Flexibility with at least half your time each month connecting in office
- Adjusted hours
- Part-time arrangements
- Job share opportunities
Experience Level
- Senior
- 7+ years’ relevant post admission experience
- at least 4 in private practice
About the Company
- CommBank is a leading provider of financial services.