Download Position Title: Senior Financial Modelling Analyst Department

Position Description
Position Title:
Senior Financial Modelling Analyst
Department:
Program Management
(Finance, Treasury and
Strategy)
Level:
Salaried
Location:
Adelaide
Reports to:
Senior Manager, Program
Management
Financial Sign-off
Authority:
N/A
Direct Reports:
Nil
Indirect Reports:
Nil
Created:
31st January 2008
Updated:
Feb 2016
Organisational and Position Overview
Bendigo and Adelaide Bank’s strategy is built on our vision of being Australia’s most customer connected bank.
The Finance, Treasury and Strategy division aims to support the business in achieving this vision by focussing on
“the success of our customers, people, partners and communities through our commitment to excellence in financial
management, information and solutions”.
The Program Management forms part of Finance, Treasury and Strategy. It is a key operational support group to the
Bendigo and Adelaide Bank’s Treasury and Portfolio Funding Division.
Securitisation is the structured process whereby interests in loans and other receivables are packaged, underwritten,
and sold in the form of “asset-backed” securities.
The overall aim of the Program Management Team is to provide high quality Portfolio Management services for both
internal and external customers and to support the management of risk.
Core functions associated with this include:



Program Management (meeting all obligations imposed on ABL under transaction documentation);
Risk and Compliance (Reporting, Monitoring); and
Information Systems (Management of processing via Quantum, GL, RFSs and Trust Manager Models / System).
Financial Modelling
Financial Modelling is a key specialist area within Program Management providing transactional and business analysis to ensure
disciplined execution and management of partner transactions. Financial Modelling undertakes a number of functions as follows:
1.
2.
3.
Transaction Analysis – Transaction structural analysis consistent with rating agency methodology including stress and
scenario testing;
Financial Modelling – Development and maintenance of operational transaction models in accordance with the legal
documentation contributing to efficient and diligent management of the Program Management team.
Financial Modelling expertise – Provide modelling support for Finance & Treasury division initiatives.
Position Objective
1.
2.
3.
Develop and maintain financial models to support the ability of Program Management to perform the Trust / Asset
Manager role associated with Securitisation programs, Portfolio Funding transactions and other bank transactions as
required;
Liaise with external/internal stakeholders to ensure that appropriate information is captured in an efficient manner;
and
Develop and maintain the reporting platform which satisfies the bank’s requirements for Department reporting.
Key Results Areas ( 5-8 Areas)
Financial Model Control Framework: Development
Responsibility







Assist with the review of term sheets and provide
appropriate feedback in relation to Financial Modelling
issues.
Lead the program model development on new transaction
for each stakeholder with limited supervision.
Determine appropriate data requirements to ensure
smooth program model operation.
Interpret legal documentation to understand the expected
key contractual reporting / management obligations.
Communicate data requirements and model outputs to key
stakeholders (including external partners).
Support the Quality Assurance process through the review
of other team members’ program models.
Ensure appropriate model handover to the Program
Management Team.
Performance Standard



Initial QA Assessment relating to:
Accuracy, Compliance, Timeliness,
Efficiency, Innovation and Quality;
Feedback from Program Management
users of models;
Number of significant model
amendments required post settlement.
Financial Model Control Framework – Maintenance
Responsibility




Maintain, review and upgrade existing program models in
accordance with the financial model framework, including
monthly sign off on all issue sheets and annual reviews.
Ensure updates to the program models are in accordance
with the legal documentation.
Communicate model changes to key stakeholders and
ensure appropriate model handover.
Assist in developing efficiencies and further controls in the
model build process.
Performance Standard




All model changes documented in
accordance with policy;
All issues sheets signed off monthly;
Feedback from users of models
(Program Management Associates /
Senior Associates);
Completion of annual review of all
financial models measured in
accordance with Initial QA process.
Support the reporting requirements of the Portfolio Funding & Treasury Departments
Responsibility


Maintain and upgrade the reporting platform used to
provide department reporting to the Bank.
Provide support/advice (as required) regarding department
reporting.
Performance Standard




Feedback from Program Management
users of models;
Number of significant model issues post
implementation;
Quality of reporting on key data; and
Internal Audit feedback on model
robustness and accuracy of calculations.
Other Non-Modelling Program Management Functions
Responsibility

Provide support and perform other non-modelling duties
during times of low volume financial modelling work.
Includes the administration of securitised programs and
accounting support to the Program Management Function.
Performance Standard



Prepare Trust Manager and other
reporting as required.
Ensure that Portfolio Parameters are
monitored monthly and communicated to
the relevant stakeholders.
Ensure cash movements occur with 100%
accuracy.
Risk and Compliance
Responsibility

Ensure work practices are conducted in accordance with
all Bank risk management and compliance requirements,
as specified in Bank policy, corporate and business unit
procedures and the staff handbook.
Report instances of risk or non-compliance to your
manager and/or appropriate designated contact as soon
as they are identified.

Performance Standard

Avoidance of risk events and continuous
improvement aimed at reducing
operational risk

Process Improvement – Identification and
rectification of problematic processes.
Values
Responsibility
Demonstrate behaviour in accordance with the Bank’s
values.
Performance Standard
Bendigo and Adelaide Bank’s values
Person Specification
Skills Knowledge and Abilities
•
Demonstrate sound knowledge of portfolio, trust and general treasury operations.
•
Understanding of Securitisation.
•
Highly developed spreadsheet-ing skills including Excel VBA skills, with proven ability to produce and
manage complex financial models.
•
Exposure to administration of corporate and securitised debt programs.
•
Excellent time management skills, including the ability to prioritise work and meet deadlines.
•
An understanding of the Bank's policies and procedures pertinent to the role.
•
Effective two-way communicator, keeping others informed whilst asking questions to understand overall
business unit needs.
•
Highly accurate and diligent work ethic with a constant attention to detail.
•
Well developed report writing skills with the ability to write clear and concise reports.
Experience Required
•
General grounding in Corporate Account Management, Finance & Accounting and Financial Modelling as
well as process modelling using Excel.
•
Experience in building and analysing financial models.
Minimum Qualifications:
•
Tertiary qualifications in a related discipline.
Assessments Required:
Psychometric and skills assessments may form part of the selection process.