Principal Analyst
Full Job Posting
The team
The General Insurance and Banking Division is responsible for the supervision of all general insurers and authorised deposit-taking institutions (ADIs). The Division supports APRA’s core function through prudential supervision and risk assessment activities to support the government and APRA’s objective of providing a prudentially sound financial system. The Division’s strategic focus is to improve outcomes for banking and general insurance customers.
Key responsibilities
- Identify risks and analyse internal structures and critical developments that may lead to serious concerns for supervised organisations; raise and respond to these matters before they manifest;
- Assess the quality of supervised organisations’ management, strategies, practices and systems and influence changes required;
- Maintain and share up to date and relevant knowledge across the supervision teams regarding market issues that may impact on supervised organisations, including financial and non-financial risk areas;
- Coach and mentor the team to support the development of financial analysis, risk assessment and other supervisory capabilities in an evolving environment;
- Adapt the style and process of supervision depending on the supervised organisations’ risk and complexity and be flexible to apply different approaches; and
- Utilise prioritisation and operational skills to oversee a range of diverse activities.
About you
Demonstrated ability to translate strategic priorities into effective programs, projects and measurable outcomes;
Proven ability to coach and mentor teams to build capability in analysis and risk assessment;
Strong judgement, analytical capability and investigation and research capabilities to identify and respond to existing or emerging problems;
Strong stakeholder management skills, ability to influence, negotiate and work effectively with a broad range of internal and external stakeholders;
Well-developed verbal and written communication, negotiation, organisational, conflict resolution and interpersonal skills;
Knowledge and understanding of the APRA mission, objectives, functions, processes and systems;
Maintain up to date with financial market trends and the legislative environment; and
Tertiary qualifications in a relevant discipline.
To work with us, you need to be an Australian citizen with eligibility to obtain and maintain Australian Government 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.
About Australian Prudential Regulation Authority
Australian Government prudential regulator supervising banks, insurers and superannuation funds to protect Australians’ financial interests.
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