Reward Consultant at Commonwealth… · Sydney

Reward Consultant Location: Sydney CBD Area About the team People are a key part of the Group’s strategy and the Human Resources (HR) support unit partners with our business units in building a vibrant, customer-focused and high integrity culture. HR are the custodians of the employee lifecycle - from acquiring talent, through to leadership development and training, internal mobility, advising on employee relations, and delivering remuneration and benefits programs. Key enablers include: Develop best in the world leaders to drive our culture Establish workforce capabilities to underpin our future success Build a strong foundation for flexibility Create a great experience for our people The Reward team (or chapter) encompasses Reward Consulting, Reward Governance and Global Mobility and Executive Reward. It aims to assist the business in maximising its return on its greatest investment: our people. We operate in an agile environment which provides opportunities to work across prioritised projects requiring reward expertise within multi-disciplinary teams. About the role We are looking for a Reward Consultant to support the team with the operation of our reward processes and the execution of our reward strategies and frameworks. You will work within multi-disciplinary teams to provide insights and advice on reward matters, to help inform appropriate action and strategies. Under our agile structure, you may work across different Performance and Reward teams, with a primary focus on broad-based remuneration. As part of this role, you will have opportunities to explore and apply AI tools in day-to-day work, to enhance how we support the business. In this role, you will be expected to contribute quickly and confidently across complex, data‑driven reward activities. You will work closely with our Reward Managers, supporting on varied initiatives. Key responsibilities of the role include: Support the delivery of cyclical reward processes, including the Annual Remuneration Review, and business-as-usual activities such as conducting market benchmarking and salary survey activities Provide timely and accurate advice, insights and recommendations to HR and business stakeholders on performance and remuneration matters Prepare and maintain data models to support reward analysis and reporting Collaborate with cross-functional teams to simplify processes and improve service delivery Develop in-depth knowledge and commercial understanding of performance and reward, identifying emerging trends impacting the Group’s reward strategies and frameworks About you You’re curious, analytical, and comfortable operating at pace and contributing from day one. You thrive in a collaborative environment and are comfortable working with data to uncover insights. You’re also a clear communicator who can translate technical concepts into practical advice. Attributes that will help you succeed: Strong attention to detail and analytical thinking Curiosity to dig deeper, explore problems and underlying challenges Comfort navigating and solving complex, ambiguous problems by working consultatively with others Ability to work both independently and collaboratively Strong communication skills and the ability to manage competing priorities Comfort engaging with stakeholders across HR and the business A growth mindset and willingness to build skills Valuable experience Prior experience in Reward and delivering remuneration reviews is highly regarded, however the following will also be valuable: Exposure to HR, Finance, or data analysis through internships, graduate programs, or entry-level roles Familiarity with Excel and data tools (e.g., Power BI, Tableau) Understanding of remuneration principles or market benchmarking Experience working with HRIS systems (e.g., Workday, Oracle) Understanding of the financial services environment CBA is Australia’s largest listed organisation and we have a large, diverse team that supports our scale. We can offer you unparalleled opportunities for growth, breadth and career development. We offer you the opportunity to expand your career surrounded by a skilled and successful group of individuals. We work flexibly and along with competitive remuneration packages, you will have access to a range of exclusive and exciting benefits. 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: 26/05/2026