Portfolio Risk and Pricing Strategy Manager-1

2 months ago


Sydney, Australia Commonwealth Bank of Australia Full time

Portfolio Risk and Pricing Strategy Manager-1
- **You are **passionate about providing Merchant solutions and building pricing strategies
- **We are **a team of passionate individuals who are responsible for developing Portfolio Risk Strategy for our customers.
- **Together we can** lead the delivery of world-class data, analytics and technology capabilities to improve the financial wellbeing of our customers and communities and really make a difference

**Do what matters**:
Business Bank (BB) secures and enhances the financial wellbeing of people, businesses and communities, particularly CBA's small and medium sized enterprise clients, including those in rural and regional areas, as well as the needs of CBA's online trading, broking customers.

The Merchant Solutions business exists to deliver reliable and innovative solutions to support to our customers ranging from small business through to institutional clients.

**This role reports to the Senior Manager, Merchant Portfolio Risk and Pricing Strategy.**

**On a day to basis you will**:

- Perform pricing and portfolio risk analytical deep dives, design strategies and monitoring, including understanding the impact of pricing strategies, risk settings, product features (e.g., LCR), and provide recommendations to develop strategies and improve these
- Monitor the portfolio performance against key financial and non-financial risks, including forward delivery risk, fraud, operational risk, etc., that they are appropriate and accurately measured
- Proactively identify and assess risks that could prevent Merchant Solutions from achieving its strategies; partner with key business partners to support the development of Management Reporting for portfolio oversight
- Support the Merchant Data Steward to identify and manage critical data elements for Merchant Solutions
- Develop and maintain a good working relationship with internal (ADDS, Product Managers, Group Fraud, Business Credit Risk Strategy & Modelling, Line 2 Op Risk and Credit Risk across IB, BB, BW) and external (Mastercard, Visa, eftpos, etc.) stakeholders

**We're interested in hearing from you if you have**:

- A sound understanding of banking products, portfolio risk and pricing strategy concepts, and portfolio management, with experience gained from a Product, Risk or Finance role within a commercial banking environment. significant portfolio management experience
- Strong numerical, abstract reasoning and problem solving skills to analyse & solve complex problems involving transactions spanning multiple considerations
- Ability to think laterally and develop new and innovative solutions to problems
- High proficiency with Excel and data visualisation is essential; intermediate knowledge of data analytics tools such as SAS or SQL preferred
- Strong experience in using data driven analytics to develop insights and recommendations (e.g., risk strategies, portfolio optimisation, product pricing strategies)
- Experience in leading small to medium pieces of work from start to completion and effective prioritisation of deadlines
- Commercial awareness and sound business partnering abilities, with demonstrated ability to collaboratively work with various stakeholders.
- Sound communication skills, with the ability to simplify complex concepts, supported with portfolio insights.
- Degree in relevant discipline (qualification in Finance, Economics, Statistics, Maths, Actuarial studies, or Sciences preferred)

We support our people with the flexibility to balance where work is done with at least half your time each month connecting in the office. We also have many other flexible working options available including changing start and finish times, part-time arrangements and job share to name a few. Talk to us about how these arrangements might work for you.

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: 30/10/2024

Job ID REQ214376



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