Risk Executive - Sydney, Australia - Commonwealth Bank

Commonwealth Bank

Verified Company

Sydney, Australia

2 weeks ago

Posted by:

Olivia Brown

beBee Recruiter

Description

Risk Executive Construction Services, Major Client Group & Commercial Banking Risk
- Permanent Full Time

See yourself in our team:

Risk Management is responsible for developing the risk frameworks to allow the Group to take conscious exposures to credit, market, operational, compliance and insurance risks within Board approved appetite.

Risk Management ensures the Group has appropriate strategies and frameworks in place to assess, manage and report on credit, market, operational, compliance and insurance risks.

The Major Client Group and Commercial Banking Risk team provides specialist credit risk management support, advice and decisioning for the Major Client Group (MCG) and Commercial Banking (CB) teams within CBA Business Banking.

Reporting to the Senior Manager, Construction Services NSW, QLD and WA, the successful applicant will be joining our national Construction Services Risk team and will be based in Sydney.

The Construction Services Risk team focuses on clients in the construction, site preparation and services to construction segments with non-retail credit exposure greater than $10.0m.

This is a credit risk decisioning role in which the successful applicant will be exercising a single sign-off credit approval delegation as well as supporting the Senior Manager with strategic work in relation to our approach and risk appetite for the sector.

The role works closely with Line 1 and involves direct interaction with external customers to ensure the development of a thorough understanding of their businesses.

This must be balanced with the need for independent risk assessment.

With the business heavily focused on growth, it can be a high pressure environment.

The successful applicant must be able to work efficiently, be willing to back their own judgement and when appropriate, effectively challenge business partners.

Beyond credit risk management support and decisioning, there is an expectation that Risk Executives contribute to and in some cases drive credit risk focused initiatives and projects.

This may be for a particular industry, simplification of credit policy or optimisation of credit processes and tools.

Key responsibilities for this role includes:

Advises senior credit risk decisioners on transactional or portfolio risk concerns; provides recommendations to ensure that credit risks are identified, managed, measured, monitored, and properly reported.
Supports senior managers in establishing risk tolerance limits and developing risk management standards of practice that are consistent with industry standards. Makes high quality credit risk decisions in line with delegated Personal Credit Approval Authority.
Supports the development of strategic priorities and business objectives; contributes to special projects to advance risk management practices as needed.
Assists in developing action plans to resolve issues including redesign of processes to better identify, manage, measure, and monitor credit risks.
Undertakes data analysis to monitor, measure and manage credit risk exposures. Completes high quality credit risk analysis and submissions. Provides credit and risk appetite guidance to Line
Works productively as part of a team or independently to meet deadlines.
Develops Construction Services industry specialisation in line with business growth objectives and portfolio concentration.

We're interested in hearing from people who have:

Graduate or post graduate degrees in business or finance related field.
Experience in a credit risk management position, including exercising a personal credit delegation, with a proven ability to provide sound, commercial and consistent credit risk decisions that are in the customers' best interest.
An ability to work autonomously and with absolute integrity.
Strong communication and stakeholder management skills are a must. The successful applicant must be able to influence at a range of levels within the organisation and across both Line 1 and Line 2. This includes representing transactions at Credit & Pricing Review Panel.
MCG & CB Risk is progressively building out specialisation in certain products and industries, in line with business growth objectives and portfolio concentration. Ideally the successful applicant will have tangible industry experience in Construction Services.

_This is an outstanding opportunity to part of a supporting a business with strong growth aspirations. If you are looking to further develop your career in risk management, we would love to hear from you. _
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Advertising End Date: 03/04/2023