Risk Associate Provisioning
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Job no: 40050518_22022019
Work type: Permanent full time
Location: Sydney CBD Area
Categories: Project & Change Management, Credit, Risk Management & Compliance
- You are logical and data driven, yet challenge traditional thinking
- We’re finding smart solutions and uncovering opportunity.
- Together we’re creating the best possible strategies and providing the right solutions for our customers.
Do work that matters
You’ll be responsible for the calculation, analysis, monitoring, forecasting and reporting of loan loss provisioning, bad debt and asset quality consistent with the requirements established by Group Risk Management.
See yourself in our team
Institutional Banking & Markets (IB&M) Provisioning, Risk Analytics & Reporting is part of IB&M Risk COO team. The team is specialised in the provision of accurate and insightful analytics, reporting and regulatory returns to a wide range of stakeholders across both Risk and Business. The team takes pride in delivering value adding insight and optimise the risk adjusted return for business.
In any given week you will
- Loan Impairment Expense - Develop, maintain, review, agree and communicate accurate LIE reporting for IB&M. This includes calculation and assurance for collective provisions as well as compilation of all elements of the Loan Loss Provisioning Committee pack which is presented monthly to the relevant business Leadership Team and to Loan Loss Provisioning Committee.
- Loan Impairment Expense Forecasting - Develop, maintain, review, agree and communicate accurate quarterly forecasts and ad hoc scenarios for the business unit.
- Work with Quantitative Tools team and modelling team to ensure that the annual/periodic refresh of collective provision Probability of Default and Loss Given Default credit factors together with the provisioning models, meet the requirements and intent of relevant accounting standards
- Assist with establishment and maintenance of well documented, transparent and robust internal controls to ensure that reports and information are validated and reconciled and all regulatory, accounting and audit (internal & external) requirements are met.
Your path looks like
If you live and breathe the values and demonstrate the people capabilities we can offer great career opportunities both within the Risk Management leadership team and beyond in the wider CommBank Group. We’ll help you find the next step that’s right for you and enable you to be your best.
We're interested in hearing from people who:
- 2+ years’ experience in financial services and/or risk management. Hands on experience in analytics and reporting.
- Adequate technical skills in SAS and SQL to enable data extraction and analysis.
- Commercial and business acumen
- Ability to think outside the box and adapt quickly to new situations
At CommBank, we’re committed to building a diverse and inclusive workforce reflecting the customers, businesses and communities we serve. As a value’s driven organisation, we nurture and support our people; through focusing on skill and talent development, collaboration, flexibility and internal promotion. With service in mind at every touch point, we take accountability for the role we play in securing and enhancing the financial wellbeing of people, businesses and communities. At CommBank you can be you.
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Advertised: AUS Eastern Daylight Time
Applications close: AUS Eastern Daylight Time
