AddressYou are passionate, motivated and display a positive attitude
We are a values-driven and a high performing team
Together we can deliver an exemplary experience for our stakeholders and the Group
Do work that matters
Institutional Banking and Markets (IB&M) is responsible for managing the Group's relationships with major corporate and 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.
Our purpose is to enhance our clients' success through market-leading capabilities and unique insights. It's part of our DNA.
The Global Markets and Commodities Trade Carbon business within IB&M provides risk management and derivative financing solutions for the Banks clients across a wide variety of clients. The business works closely with the key industry sector teams to provide market risk solutions to our clients.
See yourself in our team
We are a highly driven Front Office Quantitative Solutions Group, providing market and client insights to the front-line sales and trading. Working very closely with trading, sales, IT, quants and structurers across Global Markets and Commodities Trade Carbon. We are focused on delivering key products to the various clients such Corporates, Central Banks, Asset Managers, and other financial institutions where we have a strategic advantage.
In this role
You will be responsible for designing and implementing processes that will be relied on for validation of our market risk engine. As a key member of the FRTB project, you will be performing testing and putting together documentations for APRA submission. Other responsibilities will also include:
Formulating and presenting strategies for monitoring and explaining daily market capital movements
Are knowledgeable in producing and deriving market data via the pricing processes and how they change under different market scenarios
Building and maintaining analytics to attribute and outline the daily market capital movements
Query Murex and its processes and understand how the Var Scenarios and underlying pricing routines operate.
Applying in-depth understanding of complex pricing algorithms and statistical and valuation modelling to resolve testing issues where accuracy tolerances are not met
Creating and building independent models to independently validate models
Pride themselves on their ability to liaise with various stakeholders and develop relationships
We're interested in hearing from people who have
Strong knowledge in Global markets, Market Risk, ideally FRTB or similar hands-on experience
Advanced Python knowledge and proficiency in C++ will be highly valued
Experience and deep knowledge of Murex and Var/Expected Shortfall processes
Strong attention to detail with problem solving abilities
Tertiary qualifications in a numerate, engineering and / or IT based discipline or relevant industry experience
Excellent written and spoken communications skills with strong influencing and interpersonal abilities
Working with us:
We support our people with at least half your time each month connecting in the Sydney office, allowing for flexibility in the remaining time.
We have many other flexible working options available including changing start and finish times. Talk to us about how these arrangements might work for you.
If this sounds like you, 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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Advertising End Date: 02/02/2024
