Senior Valuations Analyst, Secured Credit Risk Management
A household name in the market, Commbank are proud of our reputation of being Australia's number one Bank in customer service in our 101 st year of trading. A great opportunity has arisen in our Retail Banking Services (RBS) Secured Risk Management department.
The Team
The Valuations and Secured Loss team manages the Home Loan valuation, credit investigation strategy and loss reporting/mitigation strategies.
The Role
In this role you will work in a team of risk professionals to monitor and optimise the valuation policy and fraud minimisation strategies towards a best practice valuations and fraud framework in order to mitigate the Bank's exposure in the event of customer default and declining property markets. The role focuses across all aspects of home loans, including origination, portfolio risk assessment and losses.
Main Duties
- Develop and implement strategies in the use of valuation techniques, portfolio quality assessment, fraud detection and credit and operational losses to optimise cost/expected loss.
- Monitor the effectiveness of the strategy
- Ensure that the strategy is being applied as intended
- Identify emerging risk associated with home loan valuation, fraud and portfolio quality
- Effective communication to ensure that the business is engaged and involved in decision making
- Identify variances in policy and report back to management
Experience Required
- Experience in credit with a financial institution
- Knowledge of SAS, SQL or equivalent statistical tools.
- Report writing and Presentation skills.
- Track record of producing accurate analysis that drives changes
- Tertiary qualifications in Business/Finance/Maths/Statistics/Economic or other related area.
Advertised:
13 Aug 2013 Aus. Eastern Standard Time
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