Principal Analyst, Banking | Sydney, Au

Details of the offer

The role

Conduct complex high-quality risk identification and assessment as well as supervisory responses in respect of a large and complex financial institution or a defined group of institutions to achieve the governments and APRA's objective of providing a prudentially sound financial system.

The team

The Banking Division is responsible for the supervision of all authorised deposit-taking institutions (ADIs). It supports APRA's core function through prudential supervision and risk assessment activities to support the government and APRA's objective of maintaining a prudentially sound financial system.

Key responsibilities Identifying risks and critical institutional developments that are likely to lead to serious problems and raising these as issues/concerns before they manifest;Maintaining an up to date and relevant knowledge of market issues that may impact on supervised organisations and may influence the depth of analysis of supervised organisations;Maintaining, and promoting within own team the development of, a range of financial analysis and other supervisory skills to support high-quality analysis and risk assessment of supervised organisations;Sorting through the internal structure and business relationships of supervised organisations to focus on those areas that have the potential to lead to serious problems;Adapting the style and process of supervision depending on the supervised organisation's type, size, complexity, functions and risk and be flexible to deal with the difference in approach required;Assessing the quality of the supervised organisation's management, strategies, practices and systems and influence the change. About you Substantial skills and proven capacity to manage the development and implementation of prudential regulation strategies, programs and initiatives;Up to date with financial market trends and the legislative environment;Good judgement, practices, and situations to identify actual or potential problems in supervised organisations;Ability to engage with senior executives in institutions to discuss industry and regulatory issues;Excellent organisational, self and priority management skills and experience managing small teams;Strong financial analysis, investigative and research skills;Well-developed verbal and written communication, negotiation, conflict resolution and interpersonal skills;Knowledge of relevant legislation;Tertiary qualifications in a relevant discipline.
To work with us, you need to be an Australian citizen with eligibility to gain a Baseline Security clearance.

About APRA

The Australian Prudential Regulation Authority (APRA) places you at the heart of Australia's financial services industry. APRA serves the Australian community by helping ensure financial institutions deliver on the financial commitments they make, within a stable, efficient and competitive financial system.

At APRA we're committed to providing an inclusive workplace where everyone belongs, feels valued and respected. We aspire to attract and foster diversity of background, thought, and experience, recognising that a broad range of perspectives, approaches and ideas makes us stronger, and better enables us to meet our obligation to protect the financial wellbeing of the Australian community. When applying, please inform us of any adjustments you may need during the interview process.
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