Senior Manager, Group Credit Policy

• You are always looking at the bigger picture.

• This is a role designed to create lasting change.

• We are an innovative and ‘People’ culture.

See yourself in our team

Group Financial Risk is a broad team which deploys the Group’s credit risk frameworks, actively manages and monitors the Group’s credit risk exposures, undertakes credit model development, executes financial risk project management and supports non-retail customers in financial difficulty via the Group Credit Structuring Unit.

The Group Financial Risk - Policy team works closely with Line 1 and Line 2 teams across Retail and Non-Retail Business Units and Subsidiaries, domestically and offshore, to implement credit risk policies and strategies and provide advice on APRA regulatory compliance matters.

Do work that matters

The Portfolio, Policy and Provisioning team is responsible for:

• Designing and managing the implementation of Group-wide credit risk policies and credit risk governance frameworks to industry best practice.

• Providing expert advice on regulatory requirements relating to credit risk.

Your role as Senior Manager Group Credit Policy involves the ongoing review and recommendation for improvements to credit risk policy, providing advice on credit policy and process, and the interpretation of APRA Prudential Standards for Credit Risk, specifically APS 112, APS 113 and APS 220.

You will play an integral role to ensure best practice credit risk management policies and processes are developed and implemented across the Group to enable Business Units to achieve their goals and comply with regulatory requirements. 

You will also provide practical advice to a broad range of internal stakeholders with respect to credit risk matters on customer transactions, operational risk improvements and assisting to ensure senior management and the Board meet their obligations with respect to credit risk.

Your responsibilities would include

• Provide advice to senior management, BUs and SUs by exercising judgment in the  interpretation and implementation of APRA’s Prudential Standards for Credit Risk, specifically APS 112,  APS 113 and APS 220.

• Proactively review, refine and improve credit policies and processes, taking on board policy stakeholder feedback, whilst meeting regulatory expectations.

• Research, analyse and formulate the development of Group wide credit policies in response to regulatory change or Board and senior management requirements.

• Actively engage with the Business Units and Business Unit Risk teams to provide guidance and ensure Business Unit Standards, Processes and strategies are consistent with Group Credit Policy and regulatory requirements.

• Work with Operational Risk and Compliance stakeholders to ensure that Credit risk frameworks are fit for purpose for regulatory credit risk and capital management.

• Contribute to regulatory reviews, including provision of credit risk materials and briefing notes for senior management.

• Representing GFR at industry discussions relating to credit risk and regulatory credit risk matters.

• Develop and maintain strong working relationships with key stakeholders across the Group. 

• Adhere to the Code of Conduct. The Code of Conduct sets the standards of behaviour, actions and decisions we expect from our people.

We are interested in hearing from people who have

• Demonstrated experience in banking/financial services with a core understanding of the lending lifecycle coupled with credit skills.

• Practical experience in credit risk management, in Line 1 or Line 2 business areas.

• Working knowledge and demonstrated experience in exercising judgement in applying APRA Prudential Standards for Credit Risk - APS 112, APS 113 and APS 220.

• Experience in policy development.

• An understanding of credit risk systems, data flows and capital reporting requirements.

• An ability to work proactively and independently, make recommendations and balance risks and trade-offs.

• An ability to manage concurrent activities, competing priorities and stakeholder groups.

• Effective communication skills, including proficiency in report writing and presentation of data.

• Strong stakeholder management and critical thinking and analytical skills.

We have a supportive culture that encourages personal interaction and does not tie you to a desk. We come together and learn from one another. We are all about being a proactive and positive function that helps the wider business thrive.

You will be a doer, an advisor, and a thought leader. Your past experience and learnings will help ensure we always make the right call.

From here the opportunities are endless!

Advertising End Date: 13/03/2025