Senior Analyst (Secured Capital & Impairment)

15 Nov 2012
15 Jan 2013
CC-1932, CC-1934
Experience Level
Entry Level, Management
Contract Type

Senior Analyst (Secured Capital & Impairment)

The Position

As a new Bank, we will be under internal and external scrutiny, meaning the Risk function will sit at the heart of how we deliver on what we promise to the industry and our customers. Decision Science team will be responsible for building the analytical capability to support lending decisions and optimize capital management strategies. It's a rare opportunity to be part of a culture that embraces challenge, change and new territory.

The Role

Provides risk analytical capabilities in support of customer lifecycle and capital management strategic objectives across mortgage and commercial portfolios. This role will involve engagement with senior members of the Verde Risk Leadership team, Business Unit MDs and a range of other stakeholders.

Key Accountabilities

-Ensure that Verde complies with the credit-risk related requirements of IFRS7, Integrated Regulatory Reporting, Basel Pillar 3 and other external reporting of credit data including the interpretation of these requirements for Verde
-Ensure the integrity of RWA and regulatory and economic capital calculations
-Ensure that current and planned rating system infrastructure supports regulatory reporting and internal control requirements
-Support the development of accurate capital reporting in line with the business requirements
-Support the management capital lines to budget, tracking and explaining variances
-Work closely with the Finance function and other key stakeholders within the business to develop and deliver comprehensive risk reporting
-Support the development and continual enhancement of forecasting tools and risk statistical reporting
-Support the management of insightful and timely management information to inform Senior Management and, where applicable, help drive corrective action
-Support the development of accurate provision loss forecasting models in line with the business requirements
-Support the management of impairment to budget, tracking and explaining variances
-Support the development and continual enhancement of forecasting tools and risk statistical reporting
-Senior Analysts will use tools such as SAS and Excel at an advanced level to manipulate and interrogate data
-Expected to apply commercial acumen to interpret their results and produce actionable recommendations.

Key Capabilities, Knowledge, Skills & Experience

-Ability to interpret complex data and apply advanced numerical techniques is key and familiarity with statistical methods is expected
-Job holders will be expected to liaise effectively with colleagues within the team and across partnering business functions such as finance, marketing and collections and will be able to communicate their conclusions and recommendations persuasively to colleagues and senior management
-An ability to work on their own initiative, identifying areas of focus, with prioritisation of own workloads is necessary
-Good networking skills with the ability to build relationships and have an understanding of the broader business needs and issues
-Expected to lead, motivate, develop and appraise other team members as required.

Technical Capabilities

-Displays a good understanding of more sophisticated credit risk techniques and is able to apply these independently
-Uses in-depth understanding of technical areas - and broader awareness of other areas, to prepare and analyse credit risk
-Shows appropriate understanding of the different elements of the credit risk cycle in their work
-Uses more complex techniques in analysis and recommendations
-Measures exposure on accounting and/or economic bases and clearly understands the difference between the two
-Displays a strong understanding of Group's Credit Risk Policy and is able to write appropriate business cases/implement solutions to reduce risk/deliver benefit based on set parameters
-Able to identify the need for change
-Lead/deliver small scale/local change.

To find out more, click apply.