Quantitative Analyst – Banking Credit Basel II recruitment
- Brisbane CBD Location
- 12 month contract role
Suncorp Bank is seeking to enhance its risk and capital management capabilities to meet Basel II advanced standards as provided by the Basel II accord and the regulatory standards prescribed by APRA. The benefits of investing in these capabilities include (i) improved risk and capital management techniques and capabilities, (ii) further embedding risk management culture and behaviours in all aspects of the business, and (iii) better competitive positioning and standing in the industry. The use of advanced approaches including economic capital principles will enable superior strategic and operational decision-making across all aspects of the bank's businesses.
A major program of work has been established to design, build and implement these enhancements. As part of this program we are currently recruiting for a Basel II Quantitative Analyst ? Banking Credit Risk.
Reporting to the Project Manager ? Credit Risk, the key purpose of this role is to design, develop and enhance the credit risk modelling capabilities and to perform the calculation and allocation of regulatory economic capital for the various credit portfolios. Credit Risk Models include retail loan origination models, business banking customer rating models, collective provisioning and expected loss models and behavioural scoring models.
In this pivotal role your key accountabilities will be to:
- Design, build, monitor, validate, document, implement and rebuild credit risk scorecard models and collective provision and expected loss methodologies
- Conduct detailed analytical work with a high level of accuracy in order to deliver high level results to senior management, and assist in the management and education of enhanced credit risk approaches
- Identify ongoing improvements to the model reporting
- Responsible for logging and tracking issues through to resolution
- Define and specify key data requirements to support modelling approaches
- Document model 'technical manual' and modelling choices made
- Build relationships with operational risk advisory, quantitative analyst, reporting and regulatory specialist stakeholders
To be considered for this role, you will have at least 3 years experience in a quantitative analyst role and a tertiary qualification in a relevant discipline. In addition you will have the following skills and knowledge:
- In-depth knowledge of scorecard/model design, selection, implementation, validation and credit rating systems
- Familiarity with Basel II risk estimates and regulatory frameworks for banks
- Commercial experience with Monte Carlo simulations, Logistic Linear Regression Time Series Analysis methodologies.
- Strong analytical skills with particular focus on statistical and economic data.
- Ability to convey complex data in a concise understandable manner; ability to relate and engage with stakeholders from both technical and non-technical disciplines.
- Ability to translate business problems into mathematical parameters and solutions.
In return you will benefit from joining a dynamic team who are motivated and passionate about what they deliver to the business and who are afforded autonomy and accountability in their day to day work. Suncorp offers genuine professional development opportunities with an attractive reward programme and a range of corporate and lifestyle benefits.
For more information please refer to the full position description attached and apply online. Alternatively, please call Carla Morris on (07) 3135 4048 for more information.
STRICTLY NOT TAKING APPLICATIONS OR CALLS FROM AGENCIES AT THIS TIME.
120711_Quantitative_Analyst_Credit_Risk_PD_Revised_LNSF2012_7_16.docx