Risk Analyst Intern


Risk Analyst Intern - portfolio reporting and analytics - six month part-time opportunity

We are offering someone an exciting opportunity to be part of an organisation that is reinventing itself to remain successful in a rapidly changing market after more than 50 profitable years in business. Genworth is one of Australia’s leading providers of lenders mortgage insurance, providing a range of capital and risk management solutions to some of Australia’s biggest (and smallest) lending institutions. Our mission is to help more Australians realise the dream of home ownership and we play a unique role in the housing market for that purpose.

What are we looking for?

An exciting and challenging opportunity is available to join a dynamic team actively engaged in the credit risk management of Australia's largest Mortgage Insurance portfolio . This position will help drive the risk management of the LMI portfolio through effective risk analysis, data profiling and reporting.

The role requires an analytical background and will involve the production and development of effective reporting and analysis to aid the management of portfolio risk.

What you can expect from the role

  • Ownership of regular and bespoke risk analysis tasks in support of credit quality objectives.
  • Interrogation of key data sources to produce Management Information.
  • Drive proactive analysis to identify any emerging adverse trends, concentration issues or credit quality concerns.
  • Prepare reports and presentations on various aspects of system and portfolio performance for risk management purposes.
  • Ensure continuous improvement for the ongoing review and development of risk reports, analytical tools and models to support the business.
  • Drill into the LMI portfolio to understand trends in credit quality and performance over time.
  • Prepare analysis for review by the risk management team.
  • Analyse trends in the Australian property market and the wider economy.
  • Use problem solving and analytical skills to identify opportunities for risk management improvements (reports, analytical tools, data processes).
  • Support internal/external business initiatives that enhance the credit risk management of the LMI portfolio.
  • Work with stakeholders across the business to ensure close partner engagement.
  • Liaise with international analytics teams to leverage and share best practice
  • Adhere to the compliance obligations relevant to the position; perform duties in an ethical, lawful and safe manner; undertake training as directed by the Compliance Leader; report and escalate compliance concerns, issues and failures; and disclose potential conflicts of interest.

What you'll need to succeed

  • Be a current undergraduate student studying economics, statistics, data science or equivalent.
  • Highly numerate with an analytical approach to problem solving. Ability to identify issues and trends from varied sources of information.
  • Intermediate PC skills (Excel, PowerPoint, Word).
  • Experience with SQL/SAS programming – Intermediate.
  • Experience with R/Python – advantageous but not a must
  • Good planning and organisational skills with the ability to prioritise effectively .
  • Highly motivated with excellent interpersonal skills. Able to communicate with a range of stakeholders, both verbally and in writing .

What is in it for you?

We care about what’s important to our people and understand that the little things can make a big impact. Whether it’s spending more time with family or looking after your health and fitness, Genworth provides access to a number of benefits that help support our people both professionally and personally.

Our office in North Sydney is a refreshing, stimulating and energetic work environment with panoramic views of Sydney Harbour.

If you are interested and have the passion, enthusiasm and skills to join our agile and friendly culture, we would love to hear from you!

When submitting your application, please include the following:

  • A cover letter – outline what interests you about the role and why you want to work for Genworth
  • Resume – be sure to highlight:
    • Previous work history – commitment to both study and part-time work demonstrates your potential to step into the corporate world. Part-time roles in hospitality and customer service demonstrate important skills. For example, your ability to work within a team. Please don’t leave these experiences out
    • Current GPA – we are looking for distinction or above GPAs
    • Degree progress – how many years/ semesters have you studied and how many years/ semesters do you have until you complete your degree
    • Availability – we are flexible but require approx. 20 hours per week (3 days per week)