Private Bank Analyst

Commonwealth Bank

1d

About The Position

At Commonwealth Private, we deliver exceptional personal service and trusted advice to high net worth individuals who intend to invest or borrow at least AU$2.5 million. Backed by the extensive resources of the Commonwealth Bank Group and superior research capabilities, we offer clients a comprehensive range of solutions, market-leading products, and innovative investment opportunities. Our team of Private Bankers and Investment Specialists provide expertise in banking, lending, strategic advice, investments, and insurance across Australia. Our vision: To be the private bank successful Australians recommend. About your role As a Private Bank Credit Analyst, you will be supporting our Private Bankers to provide exceptional service to their high-net-worth clients through value-add solutions. Your core duties will involve undertaking financial analysis relating to consumer credit as well as assessing the risks/opportunities for new and existing lending submissions. In addition, the assessment of the risks associated with increases in existing client’s consumer credit.

Requirements

• Ideally consumer credit lending experience (Either customer facing/sales or credit/analyst environment)
• Credit analysis training and demonstrated experience with the ability to support deal structuring.
• Well-developed MS Excel skills and experience in performing financial analysis/modelling.
• Tertiary qualifications in a business-related discipline e.g. Banking, Commerce (desirable)

Responsibilities

• Write, negotiate, and manage consumer credit applications for new and existing clients.
• Complete quality consumer credit submissions to ensure the timely delivery of decisions, documentation and funding to the client and the accuracy of information.
• Apply analytical skills to business problems and effectively communicate outcomes and recommendations.
• Deliver exceptional customer service, client communication and engagement to support credit submission requests.
• Undertake detailed analysis of client and industry specific information focusing on the key financial drivers of each client to effectively meet their needs.
• Prepare concise and well-reasoned credit correspondence.
• Focus on quality, credit management and the minimising of credit and operational losses.
• Audit and review team files to meet credit assurance standards.
• Investigate credit policy framework and changes to support credit submission applications.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees