Analyst - Credit Risk Provisioning

Commonwealth Bank; City of Melbourne; On-site; AUD 90,000 - 120,000; Full time

Job summary

Commonwealth Bank in Melbourne is seeking an Analyst for Business Banking Risk Management Provisioning to support provisioning, forecasting and reporting across the portfolio. You'll work with large datasets, monitor portfolio performance, investigate trends and deliver insights that guide risk and business decisions.

The role offers exposure across provisioning, credit risk and financial reporting, with opportunities to contribute to data automation and analytics initiatives that improve

Qualifications

• Tertiary qualification in Data Science, Statistics, Actuarial Studies, Accounting, Finance or related field.
• Experience using SQL, Python or R to analyse large datasets.
• Experience in credit risk, provisioning, capital management or related risk discipline.

Responsibilities

• Support provisioning, forecasting and reporting across the Business Banking portfolio.
• Work with large and complex datasets to monitor portfolio performance and identify trends.
• Produce insights to inform risk and business decision-making.
• Contribute to external reporting including Pillar 3 and AASB9 disclosures.
• Collaborate with Risk and Finance stakeholders and respond to audit requests.
• Drive data, automation and visualisation initiatives to improve efficiency.

Skills

SQL

Python

R

Education

Bachelor's degree or higher in Data Science, Statistics, Actuarial Studies, Accounting, Finance or related field

Job description

• You are a curious and enthusiastic individual with a passion for solving problems.
• We are a collaborative team who are constantly finding new ways to use data to develop customer insights both for internal stakeholders and our customers.
• Together we can harness the power of advanced analytics to make a real difference to our customers and communities

• You are a curious and enthusiastic individual with a passion for solving problems.
• We are a collaborative team who are constantly finding new ways to use data to develop customer insights both for internal stakeholders and our customers.
• Together we can harness the power of advanced analytics to make a real difference to our customers and communities

Do Work That Matters

Business Banking Risk Management (BBRM) provides specialist risk services and advice to the Business Banking division. Within BBRM, the Provisioning team is responsible for calculating Expected Credit Loss (ECL), managing Loan Impairment Expense (LIE) outcomes and providing monthly executive reporting to Business Banking leadership.

As an Analyst, you will support the delivery of provisioning, forecasting and reporting activities across the Business Banking portfolio. Working with large and complex datasets, you'll help monitor portfolio performance, investigate emerging trends and provide insights that support business and risk decision-making.

You’ll join a team that values curiosity, collaboration and continuous improvement. This role offers broad exposure across provisioning, credit risk and financial reporting, while providing opportunities to contribute to strategic data, automation and visualisation initiatives that support better business outcomes.

You’ll be an analytical and curious problem solver who enjoys working with data to deliver meaningful insights and outcomes. You’ll be comfortable navigating complex information, building stakeholder relationships and contributing within a collaborative team environment.

See Yourself in Our Team

Be part of the team that helps CommBank make better decisions. Risk Management partners across the Group to identify, assess and manage risk, protecting our customers, strengthening the bank and enabling sustainable growth.

Reporting to the Senior Manager Provisioning, you'll work closely with stakeholders across Risk and Finance functions to support key provisioning outcomes and regulatory obligations. You'll contribute to executive reporting, external disclosures, audit engagement and process improvement initiatives while partnering with experienced risk professionals across the Group.

This is a supportive and collaborative environment where you'll have the opportunity to build your technical capability, strengthen stakeholder relationships and contribute to initiatives that improve the way the team delivers value to the business.

Key Responsibilities

• Support the prudent management of Business Banking Loan Loss Provisioning (LLP) and prepare monthly reporting and forecasting of LIE.
• Analyse non-retail provisioning model outputs, identify & resolve issues, and perform General Ledger reconciliations, to support the oversight and integrity of provisioning results.
• Assess the impact of changes to customer risk and macroeconomic factors on provisioning.
• Contribute to external reporting including Pillar 3, profit announcement and AASB9 disclosures.
• Respond to internal and external audit requests and stakeholder queries.
• Identify opportunities to improve processes through implementing data, automation and visualisation initiatives.
• Work collaboratively with colleagues to strengthen risk outcomes and improve analytics and reporting efficiency.

We're interested in people who combine strong analytical capability with a willingness to learn, challenge existing thinking and work collaboratively to achieve shared outcomes:

• Experience using SQL, Python or R to analyse and manipulate datasets.
• Experience in credit risk, provisioning, capital management or a related risk discipline.
• Experience preparing reporting, analysis or insights that support business decision-making.
• Strong analytical and problem-solving capability, with attention to detail and sound judgement.
• Strong written and verbal communication skills, including the ability to explain complex information clearly.
• Tertiary qualifications in Data Science, Statistics, Actuarial Studies, Accounting, Finance or a related discipline.
• Experience with IFRS9 provisioning, prudential reporting or financial reporting will be highly regarded.

Working with us:

Whether you’re passionate about customer service, driven by data, or called by creativity, a career here is for you. At CommBank, we advocate and facilitate a culture of inclusion and respect, celebrating all cultures, abilities, genders, expressions of gender and sexual orientation. Read more about our commitment to inclusion and diversity on our careers website.

Our people bring their diverse backgrounds and unique perspectives to build a respectful, inclusive and flexible workplace. We are working hard to recruit people who represent the diversity of our customers and our society.

If you're excited about this opportunity but you don't meet every single requirement, or your experience doesn't align perfectly, we still want to encourage you to send in your application. You may just be the perfect candidate for this opportunity or another within CommBank.

At CommBank we will inspire you with work that makes a difference, surround you with talented people that respect and value each other, and empower you to grow professionally and personally. Most of all, making a positive impact for customers, communities and each other is part of our every day.

We’re determined to make a real difference for Australia’s first peoples. We encourage all interested applicants to apply.

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