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Senior Product Manager
full-timeSydney

Summary

Location

Sydney

Type

full-time

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About this role

Senior Product Manager – Distribution Strategy & Execution

  • You are a strategic leader with a sharp eye for opportunity and a track record of developing and executing on distribution & channel strategies in complex environments

  • We are a team committed to innovatively enabling access to a SMSF proposition focused on choice, clarity, and control for customers navigating their wealth journey

  • Together we unlock new pathways for SMSF growth, fusing technology and customer-led thinking to deliver a best-in-market proposition

See yourself in our team

We are building tomorrow’s bank today.

Retail Banking Services (RBS) is the public face of CommBank, delivering a seamless banking experience for the future, to our 10 million + personal and small business customers. Within RBS, the Wealth & Private Team is responsible for the full spectrum of a customer’s wealth needs. It comprises teams focussed on wealth creation and wealth protection, ranging from mass market to mass affluent to high-net-worth customer segments.

Do work that matters

As Senior Product Manager – Distribution Strategy & Execution, you will be responsible for developing the frontline channel strategy to activate branch, business bank, premier and our contact centres on SMSF cash & deposit product originations. This includes influencing the channel roadmap & design, managing key business partnerships, digital feature delivery, distribution & business development, pricing and policy, as well as driving continuous improvement initiatives to ensure our products meet customer needs and risks are managed effectively.

On any given day you will;

  • Develop and implement the SMSF Distribution strategy, objectives and roadmap to optimise business performance and enhance the customer experience.

  • Analyse and shape business problems and opportunities within the Mass Affluent and High Net Worth segments, providing actionable recommendations.

  • Leverage analytics and insights to design conceptual solutions and deploy targeted initiatives aligned with strategic goals.

  • Monitor external market trends, regulatory changes, and innovations to maintain a market-leading proposition.

  • Develop a deep understanding of customer needs and segmentation to identify growth opportunities, enhance product features, and improve NPS.

  • Lead strategic projects, owning workstreams end-to-end and independently managing deliverables.

  • Collaborate with stakeholders across distribution, product, finance, marketing, and our support teams to deliver effective execution plans.

  • Own the end-to-end product risk and control environment, including governance, issue management, remediation, and regulatory responses.

  • Track performance and delivery outcomes to ensure alignment with strategic objectives.

  • Coach and mentor product managers within the squad and chapter.

We’re interested in hearing from people who have

  • Proven strategy and execution experience within banking or a customer-centric industry.

  • Advanced stakeholder management skills with the ability present to and influence a vast array of stakeholders including Senior Leadership.

  • Strong product management or distribution background with expertise in SMSF, Deposits product or the superannuation industry preferred.

  • Exceptional strategic thinking and structured problem-solving skills.

  • Passion for identifying opportunities, designing initiatives, and driving impactful change.

  • A customer-centric approach to addressing business challenges.

  • Advanced analytical and presentation skills, with proficiency in Excel and PowerPoint.

  • Outstanding written and verbal communication skills, tailored for executive audiences.

  • Minimum 5 years’ experience in a management role.

  • Ability to build rapport and influence stakeholders across diverse business areas.

  • A bias for action and resilience in fast-paced, ambiguous environments.

  • Strong organisational skills, time management, and confident presentation capability.

  • Experience delivering complex, large-scale projects, preferably within Agile delivery frameworks.

We operate in a hybrid working environment, meaning a blend between being in the office and working remote.

If you’re a driven, collaborative and enthusiastic person who wants to have a real impact on the digital experience of our customers – we would love to hear from you!

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.

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Advertising End Date: 06/02/2026

Other facts

Tech stack
Strategic Thinking,Stakeholder Management,Product Management,Distribution Strategy,Analytical Skills,Communication Skills,Problem-Solving,Customer-Centric Approach,Project Management,Agile Delivery,Business Development,Market Analysis,Risk Management,Coaching,Mentoring,Continuous Improvement

About Commonwealth Bank

Australia’s leading provider of financial services including retail, premium, business and institutional banking, funds management, superannuation, insurance, investment and sharebroking products and services.
We are a business with more than 800,000 shareholders and over 52,000 employees. We offer a full range of financial services to help all Australians build and manage their finances.

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Team size: 10,001+ employees
LinkedIn: Visit
Industry: Financial Services

What you'll do

  • As a Senior Product Manager, you will develop the SMSF Distribution strategy and manage key business partnerships to enhance customer experience. You will also lead strategic projects and ensure alignment with business performance objectives.

Ready to join Commonwealth Bank?

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Frequently Asked Questions

What does a Senior Product Manager do at Commonwealth Bank?

As a Senior Product Manager at Commonwealth Bank, you will: as a Senior Product Manager, you will develop the SMSF Distribution strategy and manage key business partnerships to enhance customer experience. You will also lead strategic projects and ensure alignment with business performance objectives..

Why join Commonwealth Bank as a Senior Product Manager?

Commonwealth Bank is a leading Financial Services company.

Is the Senior Product Manager position at Commonwealth Bank remote?

The Senior Product Manager position at Commonwealth Bank is based in Sydney, New South Wales, Australia. Contact the company through Clera for specific work arrangement details.

How do I apply for the Senior Product Manager position at Commonwealth Bank?

You can apply for the Senior Product Manager position at Commonwealth Bank directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about Commonwealth Bank on their website.