Senior Analyst, Banking

Senior Analyst, Banking Supervision

• Multiple*
  opportunities available to work as a supervisor of a portfolio of banks and payment providers***

• Develop supervisory skills to support high quality analysis & risk assessment in the financial industry

• Various locations Sydney, Brisbane and Melbourne

The role

As the Senior Analyst, you will perform prudential supervision and risk assessment across a defined group of supervised banking and payments organisations to achieve APRA's objective of providing a prudentially sound financial system.

Some roles include contributing supervision insights to policy reform, including on Australia's payments regulation and APRA's licensing framework.

The team

The General Insurance and Banking Division supports APRA's core function by undertaking prudential supervision and risk assessment activities to achieve the government and APRA's objective of providing a prudentially sound financial system. The Division's strategic is focus is to improve outcomes for banking and general insurance customers.

As a key member of the supervision team, you will collaborate with a wide range of internal stakeholders, including risk specialists and policy and advice division. You will also engage externally with Government departments, other regulatory agencies, industry associations and regulated entities.

Key responsibilities

• Proactively identify issues and developments and raise through appropriate channels;

• Applies strong understanding of frameworks/ standards/ legislation/ codes and the risks they seek to mitigate;

• Examining the internal structure and business relationships of supervised organisations, giving focus to those areas that carry high risk;

• Engage with supervised organisations to assess the quality of management, strategies, practices and systems;

• Foster and maintain good relationships with internal stakeholders and other regulatory agencies;

• Contributing to policy on regulation through collaborative engagement with stakeholders in APRA and from the financial sector and other government agencies;

• One of the roles involves assessing licensing applications to analyse their compliance with the prudential standards and the applicant's suitability to be granted a licence; once licenced, you would be supervising the new entrant.

About you

• A strong understanding of the banking sector, prudential framework and/or payments;

• Strong financial analysis, investigative and research skills;

• Excellent problem solving and critical thinking skills to develop solutions for complex issues;

• Ability to influence and negotiate with key stakeholders internal and external and at levels

• Strong priority management skills;

• Good judgement and strategic awareness, and the ability to operate with significant autonomy;

• A team player with a positive mindset and an energetic approach; and

• Tertiary qualifications in a relevant discipline.

To work with us, you need to be an Australian citizen with eligibility to gain a Baseline Security clearance.

About APRA

The Australian Prudential Regulation Authority (APRA) places you at the heart of Australia's financial services industry. APRA serves the Australian community by helping ensure financial institutions deliver on the financial commitments they make, within a stable, efficient and competitive financial system.

At APRA we're committed to providing an inclusive workplace where everyone belongs, feels valued and respected. We aspire to attract and foster diversity of background, thought, and experience, recognising that a broad range of perspectives, approaches and ideas makes us stronger, and better enables us to meet our obligation to protect the financial wellbeing of the Australian community. When applying, please inform us of any adjustments you may need during the interview process.