Risk Executive, Models

Location: Sydney
Level: [INSERT LEVEL / GRADE]
Position Number: 20119828
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.
Each of us globally is dedicated to offering outstanding service, excellent advice and intuitive solutions to help
our customers manage their finances in the ways they want to.
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. Together we can achieve great things.

CBA Group is a leading financial services Our values are how we treat each other and
organisation globally, built around a simple every person we interact with. They define our
purpose: culture.

For more insight and information into careers with us, visit www.commbank.com.au/careers
Your business
Risk Management ensures the Group has appropriate
strategies and frameworks in place to assess, manage
and report on credit, market, operational, compliance
and insurance risks, ensuring these are within Board-
approved appetite.
The Business & Private Banking Risk Management team
provides specialist risk advice to BPB teams
Your impact & contribution
Due to an internal transfer we have an opportunity for an
established Risk Executive to join our Business & Private
Banking Risk Management team.
For more insight and information into careers with us, visit www.commbank.com.au/careers
Your team
Business & Private Banking Risk Management (BPB RM)
forms part of the Group Risk Management division, and
specifically, it provides the Business & Private Banking
(BPB) team with specialist risk services and advice. BPB is
one of the client facing business groups within the Bank,
and provides support to Corporate, Regional and
Agricultural, Business, Private and CommSec clients.
Within BPB Risk Management, our team is ‘Business
Banking Small to Medium Enterprises (SME), Private
Banking & Digital Initiatives’. This team manages the
credit risk for BPB’s Business Banking SME and Private
Banking segments and houses our governance functions
including: analytics and reporting, provisioning, risk
models, central arrears management, portfolio hindsight
and regulatory engagements. The Digital teams lead
change and manage our risk infrastructure platforms,
projects and activities working with our business
counterparts.
Your reporting lines
 You will report to the Risk Executive Team Leader
of the Models team.
Your responsibilities

Your key duties will include:

 Develop, review and implement PD, LGD and Provisioning models used in Business and Private Banking as well as
Institutional Banking and Markets
o perform model testing, model implementation and model monitoring
o prepare comprehensive model documentation that meet internal and regulatory standards
 Participate in project planning and all stages of model development from model methodology and framework
design, data preparation, segmentation, model development, model testing and calibration, to model
implementation and performance monitoring.
 Support independent model validation, internal and external audit, and regulatory reviews.
 Interact with model owners/users, validators and regulators to address model issues and remediation actions.
Interact with key stakeholders in B&PB and IB&M to better understand their portfolio, risk exposures and
modelling needs.
 Conduct stress testing of the credit portfolio to identify and understand vulnerabilities and comply with regulatory
requirements.
 Work on various ad hoc quantitative, modelling, and programming assignments.

Your skills & experience Your qualifications

This role is accountable for supporting and performing  Advanced applied programming skills (SAS, SQL,
qualitative and quantitative assessments of all aspects of etc.)
models including theoretical aspects, model design and  Demonstrated knowledge of credit risk models
implementation as well as data quality and integrity. (PD, LGD)

Your development
If you live the values and demonstrate the people capabilities we can offer great opportunities. Whether you want to
move across the organisation or up into a leadership role, the way you live the values and demonstrate the people
capabilities are key. Use the capabilities required for this role as a guide to the critical skills and behaviours you need
for your next move.

For more insight and information into careers with us, visit www.commbank.com.au/careers
People capabilities are skills we all focus on, and they build on our values. By working on the same skills in our people
capabilities we all pull in the same direction.

Our people capabilities are reflective of our culture and, regardless of level, are capabilities we expect to see
demonstrated by all CBA Group employees. For more information, visit CommNet or www.commbank.com.au/careers

Customer Focus Creating value in each customer interaction and focusing on the total customer experience.

Inspires others to demonstrate CBA Group’s values and works together to create a passionate,
Team and Culture
high performing culture.

Continuously improving and innovating what we do to make things simple and easy for our
Continuous Improvement
customers and each other.

Communicating clearly and with impact to ensure understanding, engagement and commitment
Effective Communication
to action.

Making sound decisions based on understanding business, analysing data and applying common
Judgement
sense.

Drive Results Initiating action and committing to achieving business outcomes by taking accountability for goals.

For more insight and information into careers with us, visit www.commbank.com.au/careers