Principal Analyst Banking

Job Description

Conduct complex high-quality risk identification and assessment as well as supervisory responses in respect of a large and complex bank or a defined group of banks to achieve the government’s and APRA’s objective of providing a prudentially sound financial system. The team The General Insurance and Banking Division is responsible for the supervision of all authorised general insurers and banks. It supports APRA’s core function through prudential supervision and risk assessment activities to support the government’s and APRA’s objective of maintaining a prudentially sound financial system. Key responsibilities Identifying risks and critical developments that are likely to lead to serious problems for supervised organisations and raising and responding to these as issues/concerns before they manifest; Maintaining an up to date and relevant knowledge of market issues that may impact on supervised organisations and may influence the depth of analysis of supervised organisations; Maintaining, and promoting within own team the development of, a range of financial analysis and other supervisory skills to support high-quality analysis and risk assessment of supervised organisations; Adapting the style and process of supervision depending on the supervised organisation’s type, size, complexity, functions and risk and being flexible to deal with the difference in approach required; Assessing the quality of the supervised organisation’s management, strategies, practices and systems and influence change. About you Substantial skills and proven capacity to manage the development and implementation of prudential regulation strategies, programs and initiatives; Up to date with financial market trends and the legislative environment; Good judgement, practices, and situations to identify and respond to actual or potential problems in supervised organisations; Ability to engage with senior executives in institutions to discuss industry and regulatory issues; Excellent organisational, self and priority management skills and experience managing small teams; Strong financial analysis, investigative and research skills; Well-developed verbal and written communication, negotiation, conflict resolution and interpersonal skills; Knowledge of relevant legislation; 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 Australian Prudential Regulation Authority (APRA) was established in 1998 as an independent statutory authority that supervises almost 1,200 financial institutions that manage $8.6 trillion in assets for Australians across the banking, insurance and superannuation sectors. In overseeing the safety, competitiveness and stability of the financial system, we seek to recruit, develop and retain highly skilled professionals, who want to help shape financial services and protect the financial wellbeing of the Australian community. Why Work for APRA We recognise the skills, experience and commitment that our staff bring to their professional lives, and we seek to reward them accordingly. We also recognise that for our staff to be able to perform at their best, we need to ensure that they are able to bring their best selves to work. Our commitment to wellbeing is having engaged people supported by resilient leaders within a values-aligned culture. 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. APRA invests in contemporary technologies to enable our employees to achieve work life balance, via flexible working practices. We are dedicated to cultivating a diverse and inclusive workplace that fosters collaboration and continuous improvement. APRA provides ongoing studies support, structured training programs and excellent career progression opportunities all within a highly professional environment.APRA is an affirmative action and equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, age, or disability status. To apply, please visit our Careers Page at . For further information or assistance, please email Please do not apply to this email address. #J-18808-Ljbffr