About us:
Institutional Banking and Markets (IB&M) is responsible for managing the Group’s relationships with major corporate, government clients, and institutional investors, and provides a full range of capital raising, transactional, and risk management products and services.
The division also performs an important internal role for the Group by providing equities, markets, lending, and transaction banking execution capabilities to other CBA business units that allows them to capture opportunities with business customers.
Picture yourself in the team:
The Non-Bank Financial Institutions (NBFI) Risk Team is responsible for credit risk management and oversight of exposures to financial sponsors and institutional clients within IB&M.
The team in London covers clients across Europe and North America, with a primary focus on private equity funds, private credit managers, infrastructure funds, asset managers and insurance companies.
The team manages a diverse portfolio of IB&M clients, with exposure across Fund Finance (subscription lines, NAV facilities), Insurance, Derivatives, Securities Financing and Transactional Banking.
The team is responsible for end-to-end credit risk oversight, from transaction structuring and approval through to ongoing monitoring, portfolio analytics, and thematic risk identification.
Your impact & contribution:
As a key member of deal teams, the role requires a high degree of ownership in leading credit analysis and supporting transaction execution across a diverse NBFI portfolio.
Work closely with the Manager (whom you will report to) and Executive Manager, NBFI Risk, to support transaction approvals, portfolio monitoring, periodic credit reviews and broader risk initiatives.
Maintain a strong understanding of market developments relevant to NBFIs, including private markets trends, investor sentiment, liquidity conditions and macroeconomic factors, with early identification of emerging risks and proactive mitigation.
Engage effectively with stakeholders to deliver well-balanced risk outcomes aligned with risk appetite and commercial objectives.
Do work that matters:
Your main responsibilities will include:
- Conduct detailed credit risk assessments of existing and prospective counterparties, including financial analysis, modelling, internal rating assessments, and identification of key risks and mitigants.
- Analyse transaction structures and support the implementation of credit risk mitigation strategies, collateral arrangements, and legal documentation, including ISDA agreements.
- Prepare high-quality credit submissions and recommendations to support credit approval and risk decision-making processes.
- Ensure compliance with credit policies, risk frameworks, and regulatory requirements, providing independent risk assessment and constructive challenge where appropriate.
- Build strong working relationships with Coverage, Product, Legal, and Risk teams to support effective risk management and commercial outcomes.
- Monitor counterparty and portfolio credit performance, identify emerging risks and trends, and recommend appropriate risk mitigation actions.
- Produce portfolio reporting, industry research, and credit insights to support senior stakeholders and portfolio oversight activities.
- Maintain and enhance credit risk data, models, and systems used to assess, monitor, and manage portfolio risk.
- Contribute to the ongoing improvement of credit risk frameworks, policies, processes, and strategic risk management initiatives.
We are interested in hearing from you if you have:
- 3+ years experience and strong knowledge in credit risk management in IB&M.
- Strong financial analysis and modelling skills.
- Proficiency with risk systems, rating models, financial databases and analytical tools.
- Product and documentation knowledge across corporate lending, fund finance and derivative products.
- Strong interpersonal, communication, negotiating skills as well as the ability to challenge constructively with problem solving and critical thinking.
- Specific experience in Fund Finance and Insurance is advantageous.
- At least a Bachelor degree (or equivalent) in a finance or economics related discipline.
- Demonstration of a high level of career / on-the-job training (through external providers or in-house at major financial institutions).
If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.
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