Risk Management Specialist

3 weeks ago


Ballarat, Victoria, Australia Commonwealth Bank of Australia Full time

About the Role:

We are seeking a highly skilled Risk Management Specialist to join our Business Banking Risk Management team at the Commonwealth Bank of Australia.

Key Responsibilities:

  • Develop and implement risk frameworks to manage credit, market, operational, compliance, and insurance risks.
  • Collaborate with policy teams and business units to assess, manage, and report on risks.
  • Provide specialist risk services and advice to the Business Banking team.
  • Monitor and review credit applications, exercising sound commercial judgment and adhering to risk appetite.
  • Deliver insightful advice to internal clients, ensuring solutions focus for clients and transactions.
  • Analyse industry changes and recommend appropriate changes to structuring of credit proposals.
  • Meet with external clients to develop a thorough understanding of their business, maintaining independent risk assessment.
  • Review transaction documentation in consultation with Bankers and legal counsel.
  • Optimise credit decisioning processes and turnaround times.
  • Contribute to a strong performance culture within Risk Management and with Business peers.

Requirements:

  • Experience in a credit risk position, including exercising a personal delegation in a major financial institution.
  • High level diversified industry knowledge and experience in Agribusiness and Commercial risk management.
  • Nurtured and maintained key internal stakeholder relationships, and client relationship management experience.
  • Ability to think outside the box and adapt quickly to new situations.
  • Ability to provide sound, consistent credit risk decisions.
  • Ongoing awareness of ESG issues and the impact on credit risk.
  • Ongoing awareness of relevant industry issues, which might impact on external and internal credit environments affecting credit quality and recommend appropriate changes to system and/or policies.
  • Graduate or post graduate degrees in business or finance or Graduate of the Risk Business School.
  • Relevant professional qualification (e.g., Finsia, PRMIA or GARP) or studying towards completion.

About Us:

The Commonwealth Bank of Australia is a leading financial institution that provides a range of banking and financial services to individuals, businesses, and governments. We are committed to delivering excellent customer service and creating a positive work environment for our employees.

What We Offer:

  • A competitive salary and benefits package.
  • A dynamic and supportive work environment.
  • Opportunities for career growth and professional development.
  • A flexible working arrangement that allows you to balance your work and personal life.

How to Apply:

If you are a motivated and experienced Risk Management Specialist looking for a new challenge, please submit your application through our website.



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