Do you want to be part of using the business of banking as a force for good? Do you want to create positive impact for people and the planet? Bank Australia is the bank for people who want to be part of a movement creating a fairer and more just world.

We’re growing fast as more people choose to align their banking with their values. We’re a customer owned, B Corp certified bank. We empower our staff and 185,000+ customers to be part of the clean money movement.

We are currently seeking a fixed term (12months), full time Senior Financial Risk Consultant to join the Finance Team. The position will report into the Capital & Credit Risk team within Finance. This role will be based in our Collingwood Head Office.

The Senior Financial Risk Consultant will support the Capital & Credit Risk Manager with a range of capital & credit risk activities related to Business As Usual, projects, the proposed merger of Bank Australia and Qudos Bank, and the acquisition of Australian Unity Bank.

This role is key to the successful integration of the three organisations. This will be achieved through collaborating closely with the finance, credit risk and data teams.

Why join us

• We have big plans to become Australia’s most trusted bank and a leading purpose-driven business.
• As a certified B Corp, we’re part of a global business community who meet the highest social and environmental standards, putting purpose over profit.
• Every role and person in our bank is essential to bringing our values, purpose and aspiration to life.
• We offer flexible working options, competitive salary and 13% super.
• Our staff have access to a range of meaningful benefits to support their physical and mental wellbeing including 24/7 free counselling, free flu vaccinations and discounted gym memberships.
• We also support staff with study assistance, paid parental leave (regardless of gender), volunteer, bereavement, gender affirmation and family violence leave; and the opportunity for bonus annual leave.
• We support our staff to grow their careers through learning and development and an organisational culture where we reward and recognise innovation and values, not long hours.
• We are committed to building an inclusive culture and a diverse workforce that reflects the Australian community.
• We care for a conservation reserve – where we work with key partner organisations to protect threatened species and involve staff in conservation.

What you will be doing

Maintain and execute the following models:

• ECL model
• Credit Risk Weighted Assets model
• ICAAP models

Redesign business processes due to the proposed merger of Bank Australia and Qudos Bank and the acquisition of Australian Unity Bank. This would include:

• Optimisation of calculations
• Harmonisation of data requirements
• Documenting changes to calculations and data requirements
• Harmonisation and reengineering business processes
• Documenting new processes and procedures.

This will require liaising across multiple areas of the bank including: retail lending, impact lending, finance, treasury, credit risk and data teams.

• Prepare capital and credit risk related reporting designed to meet the needs of senior executives, Credit Committee, Risk Committee and Audit Committee.
• Prepare accurate and timely capital and credit risk related APRA regulatory disclosures on a monthly, quarterly, semi-annual and annual basis, including validation and control over underlying data and analytical review of reports.
• Prepare capital and credit risk related disclosures for external stakeholders.
• Complete analytics related to asset quality, provisioning and capital.

Delivery and implementation of new and updated APRA reporting standards, which includes:

• Detailing business requirements
• Writing data functional specifications
• Designing and executing test cases
• Transitioning the new reports into BAU.

What you will bring

• Knowledge of credit risk concepts and calculations
• Tertiary qualifications in commerce, accounting, economics or other relevant area.
• Experience in a retail Bank, which should include experience in a finance or risk function.
• Highly skilled in using the Microsoft Office suite of applications.
• Experience in implementing high quality business process changes.
• Experience working with workflow tools (e.g. Confluence, JIRA)
• Exposure to other functions in banking (e.g. information technology, lending, or relationship management) would be an advantage.
• Technical training relevant to areas of responsibility, such as FINSIA, RMA or other risk management organisations would be an advantage.
• Commitment to Bank Australia’s purpose, aspiration, values and brand as well as the B Corp ethos.

By submitting an application you agree to Bank Australia’s Privacy Policy for applicants and confirm that you are legally able to work in Australia. Bank Australia is an equal opportunity employer committed to sustainable development. We encourage people from different backgrounds to apply, including Aboriginal and Torres Strait Islander people, people from different cultural backgrounds and people with disabilities because we want to reflect the diversity of our communities. We are committed to making reasonable adjustments to provide a positive, barrier-free recruitment process and supportive workplace. Bank Australia reserves the right to withdraw this advertisement at any time. Candidates will be progressed as applications are received, rather than after the advertisement closure date. If you wish to be considered, please submit your application as soon as possible. Please note, the successful candidate will be subject to satisfactory background checks including but not limited to police and previous employment.