Principal Analyst

Australian Prudential Regulation Authority; Sydney; Hybrid; AUD 180,000 - 280,000; Full time

Job summary

Australian Prudential Regulation Authority (APRA) seeks a senior member for its frontline supervision team to drive prudential supervision of banks. You will assess risk, collaborate with risk specialists and external bodies, and guide teams to strengthen supervisory capabilities.

A pivotal role in ensuring a sound financial system across Australia. You will oversee diverse activities, adapt supervision approaches to risk, and maintain strong stakeholder engagement while evolving regulatory

Qualifications

• Translate strategic priorities into effective programs, projects and measurable outcomes.
• Coach and mentor teams to build capability in analysis and risk assessment.
• Demonstrate strong judgement and investigative capabilities to identify problems.

Responsibilities

• Identify risks and analyse structures to flag concerns before they manifest.
• Assess management quality and influence required improvements.
• Maintain up-to-date knowledge across supervision teams on market issues.
• Coach and mentor teams to develop financial analysis and risk assessment skills.
• Adapt supervision styles to the risk and complexity of supervised organisations.
• Oversee a range of diverse supervisory activities with prioritisation.

Skills

Strategic planning

People leadership

Analytical thinking

Stakeholder management

Communication skills

Regulatory knowledge

Financial market awareness

Education

Tertiary qualification in a relevant discipline

Job description

The role

As a senior member of APRA’s frontline supervision team, you will play a primary role in the prudential supervision of a group of banks. You will perform associated risk assessment and response activities in order to achieve the government and APRA’s objective of providing a prudentially sound financial system.

In this role you will collaborate with a wide range of internal stakeholders, including risk specialists and policy and advice division. You will engage externally with regulated entities, industry associations, other regulatory agencies and government departments.

The team

The General Insurance and Banking Division is responsible for the supervision of all general insurers and authorised deposit-taking institutions (ADIs). The Division supports APRA’s core function through prudential supervision and risk assessment activities to support the government and APRA’s objective of providing a prudentially sound financial system. The Division’s strategic focus is to improve outcomes for banking and general insurance customers.

Key responsibilities

• Identify risks and analyse internal structures and critical developments that may lead to serious concerns for supervised organisations; raise and respond to these matters before they manifest;
• Assess the quality of supervised organisations’ management, strategies, practices and systems and influence changes required;
• Maintain and share up to date and relevant knowledge across the supervision teams regarding market issues that may impact on supervised organisations, including financial and non-financial risk areas;
• Coach and mentor the team to support the development of financial analysis, risk assessment and other supervisory capabilities in an evolving environment;
• Adapt the style and process of supervision depending on the supervised organisations’ risk and complexity and be flexible to apply different approaches; and
• Utilise prioritisation and operational skills to oversee a range of diverse activities.

About you

• Demonstrated ability to translate strategic priorities into effective programs, projects and measurable outcomes;
• Proven ability to coach and mentor teams to build capability in analysis and risk assessment;
• Strong judgement, analytical capability and investigation and research capabilities to identify and respond to existing or emerging problems;
• Strong stakeholder management skills, ability to influence, negotiate and work effectively with a broad range of internal and external stakeholders;
• Well-developed verbal and written communication, negotiation, organisational, conflict resolution and interpersonal skills;
• Knowledge and understanding of the APRA mission, objectives, functions, processes and systems;
• Maintain up to date with financial market trends and the legislative environment; and
• Tertiary qualifications in a relevant discipline.

To work with us, you need to be an Australian citizen with eligibility to obtain and maintain Australian Government 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.