About Company
Commonwealth Bank of Australia (CBA) stands as one of the largest and most respected financial institutions globally, renowned for its comprehensive suite of banking and wealth management services. For over a century, CBA has been at the forefront of financial innovation, serving millions of customers across retail, business, and institutional sectors. While our primary operations are rooted in Australia, New Zealand, and parts of Asia, our influence extends through robust international partnerships and a steadfast commitment to global best practices in financial services. At CBA, we pride ourselves on fostering a culture of integrity, excellence, and customer-centricity. We invest significantly in cutting-edge technology and robust risk management frameworks to ensure the security and stability of our operations, safeguarding our customers’ interests and maintaining market trust. Joining CBA means becoming part of an organization that values diversity, continuous professional development, and community engagement, empowering employees to make a tangible impact.
Job Description
Are you a meticulous and analytically driven professional with a profound understanding of financial markets and risk management principles? Commonwealth Bank of Australia is actively seeking a talented and highly motivated Risk Analyst to join our dynamic team in Wahiawa, Hawaii, for an immediate start. This pivotal role offers an exceptional opportunity to contribute to the financial stability and strategic growth of a globally recognized financial institution. As a Risk Analyst, you will be instrumental in identifying, evaluating, and mitigating a diverse range of financial and operational risks across various business units. Your responsibilities will span from developing and implementing sophisticated risk assessment methodologies and quantitative models to performing in-depth analysis of market trends, credit exposures, and operational incidents. You will be tasked with preparing detailed risk reports and presentations, translating complex data into actionable insights for senior management and key stakeholders. This role demands a sharp analytical mind, strong quantitative skills, and the ability to articulate complex risk concepts clearly and concisely. You will collaborate closely with internal teams, including compliance, finance, and business operations, to ensure adherence to evolving regulatory requirements and the bank’s rigorous internal risk policies. We are looking for an individual who is proactive, detail-oriented, and possesses a strong commitment to upholding the highest standards of risk governance. If you are ready to leverage your expertise in a challenging yet rewarding environment, contributing directly to our robust risk management framework and overall business resilience, we strongly encourage your application.
Key Responsibilities
- Identify, assess, and monitor financial and operational risks across various business lines.
- Develop, implement, and validate quantitative risk models and methodologies.
- Conduct in-depth analysis of market trends, credit exposures, and operational incidents.
- Prepare comprehensive risk reports, presentations, and dashboards for senior management and stakeholders.
- Ensure strict adherence to internal risk policies, procedures, and external regulatory requirements.
- Collaborate with internal audit, compliance, and business units to enhance risk control frameworks.
- Provide actionable insights and recommendations to mitigate identified risks and optimize risk-adjusted returns.
- Participate in the review and enhancement of risk management strategies and frameworks.
Required Skills
- Proficiency in financial analysis and quantitative modeling.
- Strong understanding of risk management principles (credit, market, operational risk).
- Expertise in data analysis tools such as Excel, SQL, and potentially Python or R.
- Familiarity with financial regulations (e.g., Basel III, Dodd-Frank if applicable).
- Excellent written and verbal communication skills.
- Ability to work independently and as part of a collaborative team.
- Strong problem-solving and critical thinking abilities.
Preferred Qualifications
- Master's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field.
- Professional certifications such as FRM (Financial Risk Manager) or CFA (Chartered Financial Analyst).
- Experience with specialized risk management software or platforms.
- Prior experience in a financial institution or consulting firm focusing on risk analysis.
Perks & Benefits
- Comprehensive health, dental, and vision insurance.
- Generous paid time off (PTO) and holidays.
- 401(k) retirement plan with company matching.
- Opportunities for professional development and continuous learning.
- Employee assistance program.
- Life and disability insurance.
- Collaborative and supportive work environment.
How to Apply
Interested candidates are encouraged to apply by clicking the application link below. Please ensure your resume and cover letter highlight your relevant experience and qualifications for this Risk Analyst position.