Risk Management Specialist

4 weeks ago


Ballarat, Victoria, Australia Commonwealth Bank Full time
Job Title: Risk Executive

Do work that matters: At Commonwealth Bank, our Risk Management team plays a critical role in ensuring the Group has appropriate strategies and frameworks in place to assess, manage and report on credit, market, operational, compliance and insurance risks.

About the Role

We are seeking a highly skilled Risk Executive to join our Business Banking Risk Management team. As a Risk Executive, you will be responsible for providing all aspects of credit services, including advisory, credit decisioning and recommendation of agriculture and commercial applications beyond delegated authority for regional and agribusiness clients.

Key Responsibilities
  • Decision Agribusiness and Commercial credit applications, exercising sound commercial judgment while operating within the parameters of your personal delegation and the stated risk appetite.
  • Demonstrate best practice standards of credit origination, analysis, review, and recommendation.
  • Deliver insightful advice to internal clients, working with them to ensure solutions focus for clients and transactions.
  • Analyse industry changes which might impact risk outcomes, being able to recognise and recommend appropriate changes to structuring of credit proposals to control and manage these changes.
  • Meet with external clients to develop a thorough understanding of their business, while maintaining the requirement of independent risk assessment.
  • Review transaction documentation in consultation with Bankers and legal counsel.
  • Work efficiently and effectively to optimise credit decisioning processes and turnaround times.
  • Strive for on-going improvement of the Risk Management culture by actively looking to simplify policies and systems so that BB RM can provide excellent customer service to the Business.
  • Ensure portfolios are appropriately monitored and where necessary ensure action is taken expeditiously where credit migration is evident.
  • Work collaboratively and 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.
  • Experience in contributing to high performing teams and ability to contribute to a positive team culture.
  • Sound influencing and negotiating skills.
  • 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.
What We Offer

We support our people with the flexibility to balance where work is done with at least half their time each month connecting in 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 the role you're interested in.



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