Posted:
9/1/2024, 5:01:06 PM
Location(s):
Sydney, New South Wales, Australia ⋅ New South Wales, Australia
Experience Level(s):
Senior
Field(s):
Finance & Banking
Senior Associate, Commercial Banking
See yourself in our team
As part of the Commercial Banking business, we are focused on meeting the needs of medium enterprises with turnover between $10m-$150m along and an aggregated commercial debt of up to $50 million. Our clients' businesses span over a range of industries including Franchising, Professional Services, and Wholesaling.
We place our customers at the centre of everything we do in an effort to recommend the best outcome for their specific needs, utilising a comprehensive range of products and services like business lending, transaction banking, cash flow finance, trade finance, asset finance, wealth management and risk management.
Your impact
As a key member of the Relationship Management team you will provide research support and analysis and develop an extensive database of client and industry specific information, ideas and solutions that will serve to build trust and strengthen relationships with our clients. You will undertake financial modelling and analysis and assess the risks/opportunities on new lending, as well as the risks associated with increases in client credit.
Do work that matters
As our Senior Associate, you will be responsible for some of the most complex Commercial Banking transactions in the team. This is an outstanding opportunity for an experienced Analyst to step into Senior Associate role and gain exposure to sophisticated Commercial Banking clients and develop your leadership skills. You will undertake financial modelling and analysis and assess the risks and opportunities on new lending, as well as preparation of credit risk submissions so your attention to detail and flair for writing papers will place you in the box seat for success! You will collaborate with product specialists, undertake reporting and monitor performance. The role will involve performance monitoring and annual reviews for existing clients, and reporting of client financial and operational performance to Risk Management.
What are we looking for?
It’s not a secret that we are a high performing team so we are looking for the same attributes in you. You should have minimum two years of solid experience in credit writing (minimum deal size $10m) within business or commercial banking. You should demonstrate ability to quickly grasp complex transactions, and ideally have previous 'new to bank' transactional and credit risk experience. You should be able to manage competing priorities and negotiate high-pressure situations as well as engage and clearly communicate with internal and external stakeholders (e.g. External Solicitors). Strong understanding of cash flow drivers and advanced credit risks with an ability to clearly articulate findings with Risk to senior management both verbally and written. A tertiary qualification in Business/Finance and/or Commerce would be highly regarded.
If this sounds like you, please apply now!
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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Website: https://commbank.com.au/
Headquarter Location: Sydney, New South Wales, Australia
Employee Count: 10001+
Year Founded: 1911
Last Funding Type: Post-IPO Debt
Industries: Banking ⋅ Finance ⋅ Financial Services ⋅ Wealth Management