Manager Provisioning and Forecasting

2 weeks ago


Sydney, Australia Commonwealth Bank of Australia Full time

Manager Provisioning and Forecasting

**You are** an enthusiastic individual with a true passion for Credit Risk, particularly Provisioning & Forecasting

**We are** a highly visible team responsible for delivering to multiple stakeholders across the Credit Risk division

**Together we can** lead the delivery of world-class risk management capabilities to ensure CBA is primed for success

**See yourself at CommBank**:
At CommBank, we never lose sight of the role we play in other people's financial wellbeing. Our focus is to help people and businesses move forward to progress. Risk Management is responsible for protecting the Group's interests by offering insightful risk leadership and a commercial yet independent approach to managing risks.

**See yourself in our team**:
Part of CBA's Retail Credit Risk division, you will be a key member in our Retail Provisioning & Forecasting team - a critical function that ensures the continued success of CBA and our valued customers.

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

- Develop analytical credit risk metrics and technology-based tools to drive continuous process improvement and undertake data analysis to monitor, measure, and manage credit risk exposures.
- Work closely with model developers, validators and implementation teams to assist with the maintenance and improvement of existing/newly developed credit risk models and their data infrastructure.
- Prepare Loan Impairment Expense (LIE) estimates on a monthly basis, assisting the Group Loan Loss Provisioning Committee.
- Support the Retail Credit Risk framework with a sound and adequate provisioning forecasting process for all retail products.
- Use advanced knowledge of business and regulatory drivers to provide strategic insights and analysis to business unit partners and senior management on credit related issues.
- Work productively together with your team to meet deadlines and maintain strong stakeholder relationships across the business.

**We are interested in hearing from people who**:

- Come from a Banking & Finance background with experience in credit risk management.
- Demonstrated expertise in **SAS, SQL, R **or other Data Science/Analytics software.
- Ability to partner across teams, summarise issues, develop recommendations and make decisions.
- Have an understanding of macroeconomic/regulatory environments and credit risk management.
- Have proficient written and verbal communication skills, including ability to succinctly articulate key insights and advice to diverse audiences.
- Have the ability and drive to work in a high performing, fast paced environment.
- Have exceptional academic qualifications in areas such as Actuarial Studies, Financial Mathematics/Statistics, Credit Modelling, Computer Science, Applied Finance, Financial Statement Analysis or other relevant fields.

**If this sounds like you **

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Advertising End Date: 21/03/2024

Job ID REQ206713


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