Address
Salary"At CommBank we are proud to support flexibility, let's discuss what this means for you"
See yourself in our team
Retail Banking Services Finance acts as a partner to the Retail Banking Services (RBS) business unit and other business units (our customers) to help them succeed with the Bank’s goals and their business unit responsibilities. This is achieved by providing financial information and business advice to support our business units to build sustainable shareholder value.
Retail Banking Services Finance forms part of the Financial Services business unit whose vision is to make a difference on the things that matter.
The team primarily provides business performance information, financial analysis and advice on the Scheme arrangements across the Debit and Credit Cards product portfolios to support operational and strategic decisions.
This role is a key position in the Unsecured Lending finance team providing crucial financial management reporting to the business and wider finance team relating to Scheme arrangements of the Retail Bank. The role involves assisting with a number of initiatives for the team that not only facilitate decision making by the business but also ensure appropriate risk management controls in place (both in terms of Financial Control and identifying potential risk areas in the business).
Do work that matters
Preparation and input into the monthly performance reporting of Scheme financials, including financial control deliverables and continual improvement of reports
Ongoing forecast preparation for Scheme and others when required, providing driver based analysis to management and variance analysis
Prepare external reporting for Scheme Partners (Mastercard, VISA, EFTPOS) and regulators (RBA).
Investigate discrepancies in Scheme financials, including working with Scheme Partners to ensure variances are well understood
Prepare ad hoc analysis and input required by key stakeholders (e.g. CFO, GM Finance, EGM product, GM product) including information for the profit announcement/ analyst briefings
Assist with regular financial and business analysis of the product portfolio, including insights on business drivers, market dynamics and the competitive landscape where relevant
Contribute to the enhancement of financial controls and other processes embedded within team deliverables and where relevant promote simplification and cross-skilling across the RBS Retail Product team
We’re interested in hearing from people who have
Graduate qualifications in a numerate discipline preferably finance, business or economics.
Post graduate qualifications preferred (CA/CPA, MBA, SIA)
Strong experience in a financial performance management (monthly management reporting/ forecasting)
Excellent verbal, written communication skills and critical thinking skills
Strong team work capabilities / management of group tasks
Proven ability to manage multiple deliverables simultaneously
Risk Mindset – All CommBank employees are expected to proactively identify and understand, openly discuss and act on current and future risks.
If you're already part of the Commonwealth Bank Group (including Bankwest), you'll need to apply through to submit a valid application. We’re keen to support you with the next step in your career.
We're aware of some accessibility issues on this site, particularly for screen reader users. We want to make finding your dream job as easy as possible, so if you require additional support please contact HR Direct on 1800 989 696.
Advertising End Date: 01/04/2023
