• Competitive
  • Sydney, New South Wales, Australien
  • Festanstellung, Vollzeit
  • Commonwealth Bank of Australia
  • 16 Aug 17

Associate Director, Analytics and Experimentation, Commercial Lending Pricing and Strategy

Associate Director, Analytics and Experimentation, Commercial Lending Pricing and Strategy

Job no: 992419
Work type: Permanent full time
Location: Sydney CBD Area
Categories: Institutional Banking

Associate Director, Analytics and Experimentation, Commercial Lending Pricing and Strategy

Insitutional Banking & Markets


At CommBank, we never lose sight of the role we play in other people's 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 achieve great things.

Your Business:

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.

Your Team:

Business and Corporate Finance (BCF) delivers dynamic banking solutions to improve our clients' businesses and support economic development.

The BCF division consists of three teams:
  • Specialised Finance driving origination, structure, execution and lifecycle asset management of specialised lending portfolios.
  • Debt Markets specialising in origination, trading and distribution of debt securities, such as fixed income bonds.
  • Corporate and Commercial Finance providing products for the financing and borrowing needs of our clients.

The Commercial Lending Pricing & Strategy team is responsible for the profitable growth of CBA's Commercial Lending portfolio.

Your impact & contribution:

Design, develop and deliver a world-class commercial lending analytics framework using data and models that leads to superior pricing and process design within Business & Private Bank (B&PB).

Your responsibilities:

Drive the design, development and delivery of an Experimentation & Analytical Framework for Commercial Lending
  • Enhance the modelling, scoring, simulation and experimental design framework for Commercial Lending Pricing and more generally to enhance the Analytical Framework supporting the profitable growth of the Business Lending portfolio.
  • Pricing Experimentation Design and Analysis
    • Design and monitor pricing experiments to optimize risk-adjusted growth in the Commercial Lending portfolio.
    • Design and implement enhancements to the Pega Decisioning framework.
  • Collaboration and Pricing Model Design
    • Work closely with Data Scientists to improve models supporting CL Pricing.
    • Identify and implement new applications of data/algorithms for managing opportunities.
    • Select and apply the most appropriate analytic frameworks, tools and data to test hypotheses.
    • Support the development (both content and skills) of other members of the CL Pricing and Strategy team, as well as others across Business Lending.
    • Collaborate with other data and analytics teams across CBA to drive the effective use of data/insights.
  • Process Performance Measurement and Analysis
    • Utilise a variety of analytic methods and statistical tools to provide ongoing analytical support to the CL process team including the development of process operational statistics.
    • Understand the key end-to-end processes that create value for the customer and bank.
  • Data Mining and Analysis
    • Mine complex and extensive data sources for new information and metrics to drive Business Lending strategy
    • Maintain a logic layer including a library of R functions / stored procedures

Your experience and qualifications:

  • Extensive experience in statistical analysis, predictive / adaptive modelling and/or machine learning techniques.
  • Strong programming skills in R and SQL
  • Demonstrated ability as a clear and innovative thought leader interpreting uncertain problem statements, setting clear objectives, and continually designing, prototyping, implementing and executing innovative experiments using large and complex datasets and advanced analytics.
  • Solid understanding of how to apply complex mathematical and statistical methods to drive insights
  • Ability to communicate and visualize data and deliver recommendations clearly, logically and credibly across relevant stakeholder groups (sales, data analytics, systems, finance)
  • Extensive experience in statistical analysis, conceptual and predictive modelling, machine learning etc

Highly Desirable
  • Strong experience with a range of different programming skills (R and SQL are core but experience in Python, SAS, Matlab, Java, HUE, Hive, Pig, MapReduce etc)
  • Experience with data visualization packages such as R-shiny, Matlab or Tableau, and VBA/Excel
  • Understanding of customer marketing data analytics and data science techniques and methodologies such as Decision Trees, Random Forests, Neural Networks, Bayesian Networks, Supervised and Un-Supervised Learning, Propensity Modelling, Customer Segmentations, Customer Lifetime Value, Next Best Offer
  • Advanced academic background ideally MS or PhD in a quantitative field - applied mathematics, engineering, physics, actuarial studies, computer science, engineering, econometrics or related disciplines.

At CommBank, we're committed to building a diverse and inclusive workforce reflecting the customers, businesses and communities we serve. As a values driven organisation, we nurture and support our people; through focussing on skill and talent development, collaboration, flexibility and internal promotion. With service in mind at every touch point, we take accountability for the role we play in securing and enhancing the financial wellbeing of people, businesses and communities. At CommBank you can be you. Please apply online to be considered for this role.

Have a question about your application, our process or what happens next? Click here for some of the most commonly asked questions about applying for a role at CommBank.

We value you and won't leave you hanging. Our advertising closes 28 August but expect to hear from us within a week of the closing date. Best of luck!
Advertised: 14 Aug 2017 AUS Eastern Standard Time
Applications close: 28 Aug 2017 AUS Eastern Standard Time

It's our people's talent, initiative, ideas and energy that help us achieve great things, together.