Senior Analyst - Capital and Loan Impairment Expenses

Job Description

“At CommBank we are proud to support flexibility, let’s discuss what this means for you” Business Banking (BB) is a key client-facing business group within the Commonwealth Bank. The clients of BB include the Bank's corporate, regional, agribusiness, and small business clients and caters to all product needs including business lending, everyday business banking, share trading & margin lending, home lending, and consumer finance. BB Finance is a divisional finance team within the Financial Services division. BB Finance has dedicated teams to provide financial performance and analysis services to enable effective decision-making by various stakeholders. Do work that matters Your team is comprised of Finance professionals who provide capital management and cost management expertise and services to the Business Bank and Financial Services. This role reports to the Manager BB Finance. Together with your team, you will play a pivotal role across BB finance in terms of: Strong collaboration with colleagues to deliver outcomes for BB Finance Delivering monthly reporting requirements to multiple stakeholders Identifying performance optimisation and efficiency opportunities Participating in a proactive risk-based culture Providing meaningful performance insights for the business whilst driving continuous process improvement, achieving an effective governance and control environment, and reporting function Some of the key areas you will be providing support include: Performance reporting Budgeting & Forecasting Financial control including financial risk control Ad-Hoc analytics and financial assessments to deliver better outcomes for Finance and the Business Preparation and presentation of monthly performance reports for the BB Leadership Team and Group Finance, as required See yourself in our team Key areas of impact & contribution include: Delivery of timely, accurate and insightful Capital and Loan Impairment Expense (LIE) reporting for the Business Bank Half and full year-end reporting including internal and external financial reporting related to Capital, RWAs, and LIE Delivery of forecasting and budgeting of Capital and LIE Performance of ad-hoc analytics to deliver business-focused insight related to Capital, RWAs, LIE, and profitability metrics to drive timely decision-making by the Business Bank and its leadership team Analysis of profitability metrics including revenue, expenses, and LIE and the impact of asset and liability growth on profitability metrics such as Profit After Capital Charge (PACC) and returns on capital such as Return on Equity (ROE) and Return on Target Equity (ROTE) Analysis of capital drivers and the impact on profitability metrics Risk Weighted Assets and Regulatory Capital analysis Supporting the delivery of a robust financial control environment, including reviewing of manual journals and reconciliations in alignment with Group policies Engagement with BB Finance to ensure a proactive and transparent approach to risk Compliance with group-wide policies and delivery protocols Identify and facilitate process improvement initiatives to enhance the control environment and improve the efficiency of operations. We’re interested in hearing from people who have: Excellent verbal and written communication skills Excellent stakeholder management skills Commercial analytical ability and experience Knowledge of APRA prudential requirements, capital adequacy, credit, and AASB 9 loan impairment expense Excellent Financial Control experience High degree of problem-solving and analytical ability with close attention to detail Self-motivated with an ability to work to deadlines and without supervision Sound investigative/probing skills SQL, Alteryx, and Tableau experience is an advantage Financial Services industry experience Ability to collaborate & work as part of a team Experience in a busy, time-pressured environment Post Qualified Experience Working with us means 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 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. If you’re already part of the Commonwealth Bank Group (including BankWest), you’ll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career. **Apply Now to live your best life, by doing your best work with us!** If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career. We're aware of some accessibility issues on this site, particularly for screen reader users. We want to make finding your dream job as easy as possible, so if you require additional support please contact HR Direct on 1800 989 696. Advertising End Date: 25/02/2025 #J-18808-Ljbffr