Job Category: Banking and Financial Services 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 currently have a fixed term, full time opportunity for a Senior Credit Risk Analyst to join our Risk and Compliance division as part of a parental leave backfill arrangement.This role will be based in our Collingwood Head Office and will report to the Head of Credit and Market Risk.The Senior Credit Risk Analyst will support the Model Risk Governance requirements for all Financial Models and provide advice and support to model owners in meeting their obligations under the policy.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 Prepare Model and Credit risk related reporting designed to meet the needs of senior executives, Credit Committee, Risk Committee and Audit CommitteeWork on merger integration workstreams to assist in uplift requirements in relation to Financial Risks.Complete analytics related to models, stress testing and credit risk Develop and uplift Stress Testing calculations for deployment into the Bank's Asset and Liability systemUplift current Stress Testing processes to ensure they meet the obligations of the Model Risk Governance policyDevelop and implement enhancements to Credit stress testing modelsLiaise with the Financial Reporting team regarding governance of financial modelsLiaise with first line and second line, internal audit (third line) and external audit regarding Model risk related audit planning, findings and observationsLiaise with both the internal and external auditors on all compliance, internal control and accounting matters related to Model riskReview and maintain Model Risk Policy and governance for registered financial models.to ensure Bank Australia is compliant with the standards required by APRA, ASIC and the Board of DirectorsIdentify and resolve data quality issues that have an impact on model and credit risk reportingProvide financial risk advice to all areas of the business as required.What you will bring Tertiary qualifications in commerce, accounting, economics or other relevant area.Demonstrable solid experience in finance or in a risk function, within BankingUnderstanding of Model Risk Governance processesSkilled in using the Microsoft Office suite of applicationsThorough understanding of business process, control and best practiceChallenges the status quo and implements high quality business process improvements.Exposure to other functions in banking (e.g.information technology, lending, or relationship management) would be an advantageTechnical training relevant to areas of responsibility, such as FINSIA, RMA or other risk management organisations would be an advantageCommitment 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. #J-18808-Ljbffr