Senior Analyst, Credit Risk

• Banking & Finance
• Analyst
• Sydney
• Permanent / Full Time

9/3/2023

• Excellent growth opportunities and flexible work environment
• Join us through a time of transformational change
• Opportunity to work with the largest provider of payment solutions

Payment systems are complex, regulated and everchanging. We are an established market leading brand who are focused on driving client growth. We’re at the forefront of innovation punching above our weight. We’re enabling the future for our clients through technology like NPP and Open Banking.

We are an unlisted public company and one of five licensed banks in Australia with full direct connectivity and production capability across all domestic payment systems. Whilst the major banks leverage this capability for their consumer and business clients, our B2B model focuses on enabling other banks, fintech’s and corporates to deliver innovative and competitive payment and digital solutions to their clients and customers.

We are looking for a Senior Analyst, Credit Risk to support our Risk and Compliance division.

Reporting into the Head of Credit Risk, the main responsibility of this role is to manage credit risk on a portfolio counterparty exposure. This will include the preparation and the process of applications from financial institutions and other potential borrowers/counterparties for approval, by carrying out necessary credit and other assessments in line with the documented procedures. Additionally, the Senior Analyst, Credit Risk is to aid in the management of the Corporation's credit risk in accordance with prudential standards and Board policy to minimise the potential for loss.

Role responsibilities include but not limited to:

• Manage credit risk on a selected portfolio of ADIs and Corporate exposures.
• Prepare and process detailed credit submissions for all committed and uncommitted facility applications and annual reviews on counterparties for approval by delegated authorities in accordance with the corporation's policies.
• Ongoing monitoring of counterparties' credit worthiness
• Provision of timely credit decisions for all permanent and transactional credit requests as per delegated authorities
• When required, meet with Client and Relationship Manager for credit risk reviews and updates.
• Assist in the preparation of reports for submission to ALCO and the Board Risk Committee and any other committees as required.
• Assist the ongoing improvement to existing credit risk related policies and procedures and their implementation.
• Provision of support within the Credit Risk team and to other business units in their effort to deliver core job requirements.

About You

This is a crucial position within Cuscal and requires the ideal candidate to have at least 3 to 5 years (as a guide) of credit experience covering financial institutions and corporates and a sound understanding of credit analysis techniques to be considered for this role.

As the successful candidate we invite you to also have:

• Good general knowledge of the APRA prudential standards, particularly those applicable to ADIs
• Familiarity with lending practices and products
• Comprehensive understanding of credit scoring models and rating agencies
• Ability to read and understand balance sheets, profit & loss, cash flow statements and other financial reports.
• You are a natural collaborator and your ability to influence action and outcomes across cross functional groups
• Analytical and critical thinking mindset
• Self-assured in providing accurate results in a tight deadline driven environment.
• Tertiary education in a accounting discipline or similar field.

Why Cuscal?

We are in the rapidly evolving world of payments, and we are committed to providing a diverse and inclusive workplace where the very best talent in Australia chooses to work. We support our colleagues with flexible work arrangements through our hybrid model whilst also offering a wide range of educational, financial, lifestyle, health & wellbeing benefits.

Next Step

If you think this role is the right fit for you, we invite you to apply. Let’s explore who you are and what drives you. We’d love to share our vision for the future of payments sector. Please note candidate screening and interviews may be conducted prior to the closing date of the job advert.

Cuscal does not accept unsolicited resumes from recruitment agencies and search firms. Please do not email or send unsolicited resumes to any Cuscal employee, location, or address.