Regulatory Reporting Senior Analyst

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Financial Services (FS) partner with all areas of CommBank to provide specialist advice on financial management and strategy. This advice covers finance, audit, treasury, investor relations, security, general procurement and property.

Regulatory Reporting and Risk is a large team of dynamic finance professionals providing a wide range of financial analysis, reporting and operational support. 

The financial services delivered by Regulatory Reporting and Risk includes:

• Regulatory and Compliance

• Capital and Risk reporting

• Projects, Technology, Controls and Governance

As part of Group Finance, the Regulatory Reporting team is responsible for reporting to the Group's regulator, APRA and other regulatory bodies (RBA & ABS) which supports the Group's banking license.

Key activities include:

• Monthly & quarterly reporting to APRA, RBA & ABS (the "regulators") covering the Group's financial, product, credit risk and capital positions

• Managing the impact of product & system changes in a timely manner to ensure accurate reporting to the regulators

• Compliance with and implementation of new regulatory reporting requirements

• Provision of data and information, as and when requested, to the regulators

• BU engagement, Risk and Technology

• Support Market Share analysis for internal review of Regulatory submissions.

Do work that matters
The Senior Analyst, Regulatory Reporting reports to the Senior Manager, Regulatory Reporting and must maintain and build productive relationships key stakeholder groups. The Senior Analyst is responsible for:

• Delivering quality reporting to meet the needs of APRA and other regulatory bodies, which support the Group's banking license

• Fostering a diverse, inclusive and high-performance culture

• Contributing significantly to the vision and strategy for the Regulatory Reporting team

• Driving and delivering continuous improvements across reporting processes 

• Building strong relationships with stakeholders across the Group as well as APRA and PwC

• Strong contribution to the Regulatory Reporting and Risk business and culture plan

See yourself in our team

The Senior Analyst will be expected to perform the following tasks in a manner consistent with CBA's Values and People Capabilities.

• Assisting in preparation of the Profit Announcement, Annual Report and Pillar 3 tables and ensure deadlines are met

• Helping run the month end process of generating and scrutinizing product level Exposures and RWA through the Risk Treasury Finance data warehouse

• Optimising capital through initiatives to validate capital treatment with internal stakeholders including Credit Policy

• Responding to information and data requests from APRA and other regulatory bodies.

• Develop and maintain strong stakeholder engagement, by collaborating with business units

• Adhere to the strong operating model and reporting control framework

• Contribute to continuous improvement initiatives across reporting processes and solutions

• Active involvement in integration projects (i.e. systems upgrades), including transition of regulatory returns onto AXIOM, Alteryx, Tableau, etc.

• Adhering to compliance obligations and requirements for regulatory reporting

• Champion and drive Productivity (and process improvement) across the team, driving collaboration, coaching & recognition

• Actively contribute to the Regulatory Reporting and vision, business and culture plans

• Compliance with the Group's Occupational Health and Safety policy, all other internal Group policies and procedures, and any relevant external legislative requirements

We're interested in hearing from people who have

• Experience in financial reporting, particularly in Group reporting

• An understanding of Regulatory Reporting or the Prudential Standard

• Business Partnering skills liaising with other business units

• Strong numerate and accounting skills with an understanding of financial products

• SQL and/or SAS experience in a financial institution preferred

• High attention to detail and strong problem-solving skills

• Working knowledge of financial products and experience in a financial services firm

• GL systems and reporting package skills desirable

• Proven problem solving and analytical skills

• Process improvement & operational excellence

• Customer focused and outcome driven and drives an organisational culture that values customers and delivers customer satisfaction

• Excellent communication skills leading to openness, honesty & transparency at all times

• Bachelor degree in finance, accounting or related fields 

• Proven experience in analysing and presenting variance reports to management and stakeholders
   

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