Retail Customer Risk

Modelling:
Valuations Modelling
Senior Analyst

At CommBank, we never lose sight of the role we play in other peoples financial
wellbeing.
Our focus is to help people and businesses move forward, to progress. To make the right
financial decisions and achieve their dreams, targets and aspirations.
Each of us globally is dedicated to offering outstanding service, excellent advice and
intuitive solutions to help our customers manage their finances in the ways they want to.
Regardless of where you work within our organisation, your initiative, talent, ideas and
energy all contribute to the impact that we can make with our work. Together we can

CBA Group is a leading financial

services organisation globally, built
around a simple purpose:

Our values are how we treat each other

and every person we interact with.
They define our culture.

For more insight and information into careers with us, visit www.commbank.com.au/careers

Your business

Your team

The Commonwealth Bank Group (the Group) is

one of Australias leading organisations
providing integrated financial services to more
customers than any other Australian bank.
Our customers are at the centre of everything
we do and we are determined to be better
than we ever have been. We have over
37,000 employees across our retail, business
and institutional banking, funds management,
superannuation, insurance, investment and
broking businesses, as well as a range of
interests around the world. As such, we offer
a broad range of opportunities for our
employees to continue to build on their skills
and develop their careers in new and
interesting directions.

The Retail Customer Risk modelling team

supports the RBS and Bankwest business units
through the development and maintenance of
predictive statistical risk models, including:
credit risk scorecards, fraud risk scorecards,
profit contribution models, affordability
models and property valuation models.

Risk Management is responsible for managing

the Groups overall risk portfolio, including
credit, market, operational, compliance and
insurance risk.
Retail Banking Services (RBS) Risk
Management designs, develops, implements
and continually reviews Decisioning Solutions,
Policies and Procedures and provides

These models represent a vital component of

automated and manual risk assessments
throughout the full lending lifecycle for all
Retail and Small business lending products
managed by RBS and Bankwest.
The team is continually innovating and looking
for new opportunities to apply modelling and
analytics in novel ways, to enhance
automated decision making, productivity, and
ultimately profitability, across all portfolios.

Your impact & contribution

Your reporting lines

Will contribute in the development of cuttingedge advanced analytical models to inform

and optimise business strategy and decisions.
The Senior Analyst will be expected to
leverage the latest Data Science techniques
and will take advantage of the vast customer
data assets held by CommBank.

This role will reporting to a Retail Customer

Risk Advanced Modelling Manager, who
reports to the Head of Retail Customer Risk
Modelling within the Customer Risk Solutions
department of Risk Management RBS.

Will also be expected to play an active role in

stakeholder engagement, working closely with
our business experts to fully understand the
business problem, challenge processes and
identify short and long-term improvements.
The initial focus will be on enhancing the
automation of the home loan valuation
processes. This role requires an innovative
team player, and the impacts of the work
produced, once implemented are expected to
be extensive.

For more insight and information into careers with us, visit www.commbank.com.au/careers

Your responsibilities
Under the guidance of a Retail Customer Risk Advanced Modelling Manager, you will be
responsible for: Driving value through timely delivery of cutting-edge and robust advanced analytical
models
Embedding enhanced modelling methodologies for use in all lending decisions
Reviewing and understanding how modern Data Science techniques can be leveraged to
improve our business
Initiating and delivering work with model users, data experts and model implementers
to ensure that the value that can be obtained from the models can be maximised as
efficiently as possible
Delivering models that are fully compliant with all required policies and governance
Understanding current standard procedures, whilst also appropriately identifying
opportunities for continuous improvement, within modelling and more generally within
business strategy

Your skills & experience

Your qualifications

Significant experience in applying advanced

statistical predictive modelling, data analytics,
data mining, text mining, predictive text
analytics or machine learning to solve
business problems
Experience working in a big data environment
Experience with data analysis and data
exploration tools
Experience in data visualisation of complex
relationships
Previous experience in property valuation
modelling/analytics and/or text mining would
be advantageous
Strong collaboration and communication skills
across all levels of the business.
Ability to flip between technical details and
high-level summarisation of key points,
depending on the stakeholder needs,
background and seniority
An ability to prioritise work effectively under
time pressure, balancing competing demands
with sound judgement, appropriate
managerial steer and flexibility
Ability to understand complex issues and
provide confidence when communicating
solutions to people of varying levels of
technical competence (written and verbal)
Meticulous in work and concern for accuracy
and completeness
Previous experience in a Data Science role is
desirable, but non-essential for candidates

MS or higher qualification in Applied

Statistics, Mathematics, Physics,
Econometrics, or other related
discipline

For more insight and information into careers with us, visit www.commbank.com.au/careers

Your development
This role provides excellent opportunities to develop and expand the role within the team as a
retail risk modelling specialist or manager. Alternatively to develop as analytical / modelling
specialists or manager roles within other Risk Management functions or other business units.

For more insight and information into careers with us, visit www.commbank.com.au/careers

People capabilities are skills we all focus on, and they build on our values. By working on the
same skills in our people capabilities we all pull in the same direction.

or www.commbank.com.au/careers

Customer Focus

Creating value in each customer interaction and focusing on the total customer
experience.

Team and Culture

Inspires others to demonstrate CBA Groups values and works together to

create a passionate, high performing culture.

Continuous
Improvement

Continuously improving and innovating what we do to make things simple and

easy for our customers and each other.

Effective
Communication

Communicating clearly and with impact to ensure understanding, engagement

and commitment to action.

Judgement

Making sound decisions based on understanding business, analysing data and

applying common sense.

Drive Results

Initiating action and committing to achieving business outcomes by taking

accountability for goals.

For more insight and information into careers with us, visit www.commbank.com.au/careers