Innovation Lead – Corporate Strategy

🏢 Commonwealth Bank of Australia📍 Launceston, TAS, Australia💼 Full-Time💻 Hybrid🏭 Financial Services💰 120000-150000 per year

About the Company

The Commonwealth Bank of Australia (CBA) is Australia’s leading financial services provider, dedicated to shaping the future of banking. With a strong presence across regional and metropolitan areas, including a significant commitment to communities in Tasmania, CBA is at the forefront of innovation. We empower our employees to create groundbreaking solutions that benefit our customers and the broader economy, fostering a culture of curiosity, collaboration, and continuous improvement.

Job Description

We are seeking an experienced and visionary Innovation Lead to join our Corporate Strategy team in Launceston, Tasmania. In this pivotal role, you will be responsible for identifying, developing, and championing strategic innovation initiatives that drive future growth and maintain our competitive edge in the evolving financial landscape. You will collaborate with cross-functional teams, leveraging market insights and emerging technologies to translate innovative ideas into actionable strategies and scalable solutions. This role requires a strong understanding of financial services, a passion for disruption, and the ability to inspire change within a large organization.

Key Responsibilities

  • Lead the identification and evaluation of emerging trends, technologies, and market opportunities relevant to the financial services sector.
  • Develop and champion strategic innovation roadmaps aligned with the company's long-term corporate objectives.
  • Facilitate workshops and ideation sessions to generate novel concepts and solutions for business challenges.
  • Collaborate with various business units, product teams, and technology partners to scope, pilot, and scale innovative projects.
  • Conduct feasibility studies and business cases for new initiatives, assessing potential impact and resource requirements.
  • Monitor and report on the progress and success metrics of innovation projects.
  • Foster a culture of innovation and continuous improvement across the organization.
  • Represent CBA at industry events and engage with external innovation ecosystems.

Required Skills

  • Proven experience in innovation management, strategic planning, or corporate development within a large organization.
  • Demonstrated ability to identify and evaluate emerging trends and technologies.
  • Exceptional analytical and problem-solving abilities.
  • Strong project management and organizational skills.
  • Excellent communication, presentation, and interpersonal skills.
  • Ability to influence stakeholders at all levels.
  • Proficiency in data analysis and strategic modeling tools.

Preferred Qualifications

  • Master of Business Administration (MBA) or equivalent advanced degree.
  • Experience in the financial services or technology industries.
  • Certification in Design Thinking, Lean Startup methodologies, or Agile principles.
  • Proven track record of successfully launching new products or services.
  • Experience working in a complex, regulated environment.

Perks & Benefits

  • Competitive salary and performance-based bonuses.
  • Generous superannuation contributions.
  • Flexible working arrangements (Hybrid model).
  • Comprehensive health and wellness programs.
  • Extensive professional development and career growth opportunities.
  • Employee share plan and banking benefits.
  • Access to a vibrant and inclusive company culture.

How to Apply

If you are interested in this position, please click the "Apply Now" button below. To ensure your application is properly considered, please prepare the following:

  • An up-to-date Resume or CV
  • A brief cover letter summarizing your experience and motivation

Applications are reviewed on a rolling basis. Only shortlisted candidates will be contacted for an interview.

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