Address
Form of workAbout the Role
The Analyst is part of the team responsible for regulatory reporting of BOQ’s liquidity and interest rate risk in the banking book (IRRBB) exposures. The team also owns the market risk system (QRM), including model configuration and documentation, and is responsible for the Asset & Liability Committee (ALCO) secretarial duties. The Analyst assists the Manager, Treasury Middle Office in developing reporting in line with policy and regulations, and ensuring all reporting is accurate and delivered in a timely manner as per APRA requirements.
Key Responsibilities may include but not be limited to the following:
• Daily liquidity and IRRBB regulatory reporting and periodic reporting and to APS 117 and APS 210
• Measure and monitor risk exposure against approved policies and risk appetite triggers and limits
• Daily system reconciliation and data validation, ensuring data is complete and accurate
• Engage with greater Treasury, Market Risk and Finance to address data issues, identify emerging risks and ensure they appropriately configured in the reporting framework
• Keep up to date with regulatory changes and ensure they are captured in the reporting framework
• Perform ALCO secretarial duties as required
• Build sound and productive working relationships with internal stakeholders across the Bank
• Exemplify the BOQ Group values of Spirited, Optimistic, Curious, Inclusive, Accountable and Lionhearted to contribute to the purpose of Building Social Capital through Banking
• Understand and comply with the Code of Conduct and any additional policies and procedures which apply to the role to ensure BOQ Group excels, complies with laws and regulations, and upholds their reputation
About you
To be successful in this role we will be looking for a candidate with the following skills and experience:
• Relevant Middle Office, Market Risk, Treasury, Financial Markets or Product Control experience is desirable
• Bachelor degree in Engineering, Finance, Mathematics or Economics
• Experience in banking & finance and financial markets is desirable
• Sound spreadsheet skills including competent macro and SQL writing ability
• Sound quantitative, analytical and problem solving skills
• Strong attention to detail, proactively checking output to ensure accuracy
• Ability to explain technical concepts to non-technical stakeholders
• Competent writing skills, including system documentation
• Strong sense of ownership of output from areas of responsibility
• Sound product knowledge
• Experience of Value at Risk and scenario analysis is desirable
• Sound understanding of APRA requirements related APS117 and APS210 is desirable
• Sound understanding of key business drivers and key success factors in business to be able to interpret P&L based on risk factors
• Ability to deal with ambiguity and to develop creative, commercially viable solutions to business problems is desirable
About Us
BOQ Group is a truly unique group of challenger brands with a purpose – to provide a genuine alternative to Australian financial services for customers and employees.
Our family of brands (Bank of Queensland (BOQ), ME Bank, Virgin Money Australia, BOQ Specialist), each come with their own defined customer audience and brand personality, but share one goal – to build social capital through banking. That’s creating trust with customers, exploring staff potential and believing that tiny gestures and big ideas can change the world for communities.
BOQ Group’s inclusive vision is to foster a workspace that values and leverages difference and creates new possibilities, a place where our people feel confident to bring their best selves to work every day. We embrace difference and believe that our workforce should reflect the customers and communities that we serve.
Since 2021, BOQ Group is recognised as an Employer of Choice for Gender Equality by the Workplace Gender Equality Agency (WGEA).
In 2023, we successfully implemented an innovative Reconciliation Plan, driving positive change and promoting inclusivity across BOQ Group.
Our Perks
• Flexible working arrangements
• Discounted financial products
• Salary sacrificing options
• Paid parental leave with no minimum
• Purchase annual leave
• Discounted private health insurance plan
• Employee Assistance Program (EAP)
• Access to employee network groups focused on First Nations Reconciliation, LGBTQIA+, Multicultural, Gender, Early Careers and accessibility
• BOQ Group is a member of Pride in Diversity and a participating organisation in the Australian Workplace Equality Index
How to Apply
To apply for this role at #boqgroup, follow the links or apply via our Careers Page.
BOQ Group is committed to diversity and an inclusive workforce. Aboriginal and Torres Strait Islander People are encouraged to apply.
We celebrate, value and include people of all backgrounds, gender and expressions, sexualities, cultures, bodies and abilities. When you apply, you are welcome to tell us the pronouns you use and please let us know any reasonable adjustments you may need during the interview process.
If you are successful for a role with BOQ Group, it is a condition of employment that background screening is completed to ensure that the Bank complies with its obligations under the Anti-Money Laundering and Counter Terrorism Financing Act. These checks may include, but are not limited to: identity, verification, reference checks, criminal background checks, immigration checks, verification of academic qualifications, bankruptcy checks.
Please no agency applications.
