Risk Management Specialist

4 days ago


Albury, Australia Commonwealth Bank Full time

**About Our Team:**

We're a dynamic team at Commonwealth Bank, responsible for developing and deploying risk frameworks to help our Group take conscious exposures to various risks. Our goal is to ensure the Group has appropriate strategies in place to assess, manage, and report on different types of risks.

**Our Role:**

As a key member of our Business Banking Risk Management division, you'll provide specialist risk services and advice to our Business Banking team. You'll work closely with our Regional and Agribusiness Banking division to service Australia's regional business needs for commercial and agriculture customers nationwide.

**Your Impact:**

You'll play a crucial role in delivering insightful advice to internal clients, working with them to ensure solutions focus on clients and transactions. You'll analyse industry changes that might impact risk outcomes, recommend appropriate changes to structuring of credit proposals, and review transaction documentation in consultation with Bankers and legal counsel.

**Key Responsibilities:**

  • Decision Agribusiness and Commercial credit applications, exercising sound commercial judgment while operating within parameters of personal delegation and stated risk appetite.
  • Demonstrate best practice standards of credit origination, analysis, review, and recommendation.
  • Deliver expert advice to internal clients, ensuring solutions focus on clients and transactions.
  • Analyse industry changes impacting risk outcomes, recommending suitable 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.
  • Work efficiently to optimise credit decisioning processes and turnaround times.
  • Strive for ongoing improvement of Risk Management culture by simplifying policies and systems.
  • Ensure portfolios are monitored, taking action where necessary to address credit migration.
  • Contribute to a strong performance culture within Risk Management and with Business peers.

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