Senior Credit Risk Management Specialist

6 days ago


Bengaluru, Karnataka, India Commonwealth Bank Full time

About Commonwealth Bank

At CommBank, we never lose sight of the role we play in other people's financial wellbeing. Our focus is to help people and businesses move forward to progress. To make the right financial decisions and achieve their dreams, targets, and aspirations. Regardless of where you work within our organisation, your initiative, talent, ideas, and energy all contribute to the impact that we can make with our work.

Credit Risk Analyst Role

We are seeking a highly skilled Senior Credit Risk Management Specialist to join our team. As a key member of our Retail Operation & VERO Team, you will be responsible for credit analysis, decisioning, verification, monitoring throughout the credit lifecycle; the development of credit policy; or the implementation of credit strategies, including problem asset strategies; across the retail business.

Key Responsibilities:

  • Review and analyse home loan applications against credit limits and frameworks.
  • Apply your knowledge of Australian home loan lending processes and regulations.
  • Communicate with brokers through emails and calls and share decision on assessment.
  • Support credit risk management initiatives by working with management teams.
  • Utilize data analysis tools and techniques to assess and manage credit risks associated with home loan applications.
  • Collaborate effectively within a team environment to meet deadlines.
  • Communicate credit risk analysis results clearly and concisely.
  • Participate in the development and implementation of credit risk assessment tools and processes.
  • Participates in monitoring credit risk to ensure that they are within limit thresholds.
  • Applies knowledge of retail and corporate lending. Understands strategies and policies for the management of credit risk across the credit lifecycle.
  • Assists in developing action plans to resolve issues. Re-designs processes to better manage, measure, and monitor credit risks.
    Uses technology-based tools and performs data analysis to monitor, measure, and manage credit risks.
  • Work productively as part of a team or independently to meet deadlines
    Assist in communication of results and analysis of credit risks. Assists in development of credit risk analysis and uses tools manage and monitor credit risk

Essential Skills and Qualifications:

  • Minimum of 5-7 years' experience in a related credit risk analysis or verification role.
  • Strong analytical and problem-solving skills.
  • Excellent communication and interpersonal skills.
  • Proficient in Microsoft Office Suite and data analysis tools.
  • Working knowledge of Australian home loan lending principles and regulations.
  • Bachelor's degree in Finance, Accounting, or Business.

About the Opportunity

This is an excellent opportunity for a motivated and experienced professional to join our team and contribute to the success of our business. If you have the required skills and qualifications, we encourage you to apply for this exciting role.


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