Job Description
See yourself in the team
Business Banking (BB) manages relationships with Commonwealth Bank’s small-medium enterprise customers, mid-market corporate customers, and regional and agribusiness customers, providing a wide range of financial services and solutions. It also services our personal and institutional online trading customers.
Business Lending (BL) is a product and specialized sales team that offers working capital, business loans, asset finance, corporate finance, and property finance to our customers. It also has responsibility for Line 1 risk and controls for these products. BL is directly responsible for product management, process management, portfolio and pricing management. It works closely with bankers, data and analytics, digital and customer experience teams.
Do work that matters
The purpose of the Asset Finance Product Management team is to continuously develop and refine the Asset Finance product and service offerings base on market trends and competitors’ activities to fulfil the customers’ Asset Finance needs, while contributing to the Bank’s overall profitable growth in market share and revenue.
Your contribution will be to manage the Asset Finance balance sheet and P&L, support the Asset finance business analytics capabilities and deliver ongoing capital benefits for the group and its shareholders. You will be accountable for delivering superior client outcomes and managing the businesses pricing framework and adherence. You will gain exposure with senior stakeholders across a number of key business units including; Treasury, Risk Management, BB sales teams, Product and IT.
Your responsibilities include but are not limited to
P&L management & optimisation across the Business Banking Asset Finance portfolio
Engage with and respond to pricing requests from the Frontline
Scope, develop & implement both cost & capital optimisation initiatives to support shareholder returns
Develop new analytics & digital assets across the AF portfolio to support growth
Provide support on complex pricing & modelling requirements from frontline teams
Develop modelling & key inputs into credit papers for BB structured asset finance opportunities
Develop opportunities across Capital Models (PD, LGD etc.) & optimise treasury funding models
Provide detailed support on key strategic initiatives across the AF portfolio
Drive the Business Banks Green/Sustainable finance agenda & delivery roadmap
Contribute to deal team discussions and develop bespoke client solutions for deal sizes up to $300m
Assist with developing a retention strategy and analytics framework for the business
You will also use your analytical skills to optimise for capital and provide recommendations, and implement plans to improve PACC and ROTE returns.
💡 Quick Summary
Seeking a career-building opportunity? The Manager - Asset Finance Pricing position is now open for candidates interested in the Bank Jobs sector. This role in Sydney offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
