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Credit Risk Analyst

2 months ago


Perth, Western Australia Commonwealth Bank Full time
About the Role

We are seeking a highly skilled Credit Manager Analyst to join our team at Commonwealth Bank. As a key member of our Retail Credit Decisioning (RCD) team, you will play a critical role in ensuring accurate and effective credit decisions are made in a consistent, efficient, and timely manner.

Key Responsibilities
  • Assess and make final decisions on Secured and Consumer Finance credit referrals received via Proprietary and/or Third-Party Channels.
  • Utilize your PCAA delegation to make safe, sound, and responsible credit decisions.
  • Focus on efficiency and exercise delegation in rework to deliver fast quality decisions for our customers.
  • Apply policy consistently and with good judgment when assessing applications to drive good customer focus outcomes.
  • Identify Continuous Improvement opportunities to simplify our business and improve outcomes for our customers.
  • Deliver safe and customer-focused financial outcomes for the Group.
  • Ensure compliance within delegated authorities and internal and external compliance/audit requirements.
  • Take a values-based approach and build trust within our teams.
  • Communicate professionally and clearly with key stakeholders, including lenders, brokers, and customers.
  • Deliver on RCD Strategic priorities and business line partner priorities, including outbound calls to the lending network.
  • Responsible for the timely and accurate assessment of allocated New Business and Credit Variation applications within service level agreements.
  • Support the leadership team within RCD, including completing Team Manager reliefs when required.
Requirements
  • Industry-related tertiary qualifications are an advantage but not mandatory.
  • PCAA to decision 'Complex' Credit applications.
  • Personal Credit Underwriting Authority of $5 Million.
  • Understanding of APRA, ASIC regulatory, and responsible lending requirements and how this impacts policy.
  • Advanced knowledge in the analysis and income extraction of business financial statements for complex self-employed customers.
  • Advanced knowledge in the analysis of PAYG income documentation and valuation reports.
  • Excellent understanding of retail lending policies, processes, and procedures.