Head of Specialised Business Services — Turnaround Leader (Hybrid)

Bendigo Bank; Melbourne; Hybrid; AUD 260,000 - 370,000; Full time

Benefits offered by this job

Flexible work options

Health & wellbeing support

Career progression & learning

Job summary

Bendigo Bank is seeking a seasoned Head of Specialised Business Services to direct a high-calibre team of workout, restructuring, and loan realisation specialists. With substantial DLA, you will act as the bank's principal authority on impaired asset management, commercial workouts, and security enforcement.

You will lead strategic portfolio stewardship, exercise DLA, oversee enforcement, drive change, and brief executives and the board on risk and provisioning.

Qualifications

• Experience in Australian commercial banking or restructuring advisory managing impaired assets and complex credit analysis.
• Demonstrated DLA authority over portfolios with restructuring terms and recovery actions.
• Proven leadership of high-performing teams with resilience and collaboration.
• Ability to navigate regulatory shifts and changing credit cycles.
• Tertiary qualifications in Business/Commerce/Accounting/Law; professional accreditations valued.

Responsibilities

• Direct and empower a team of workout, restructuring, and loan realisation specialists.
• Exercise DLA to sanction restructuring terms, forbearance, and recovery strategies.
• Initiate and manage legal and recovery proceedings with external partners as needed.
• Lead organisational and market transformation within the SBS team.
• Brief senior leadership and the Board on provisioning, distressed exposures, and credit risk.
• Collaborate with 1st Line Banking, Agribusiness, and Credit Decisioning leaders for risk identification.

Skills

Banking & restructuring

DLA experience

People leadership

Change management

Negotiation

Regulatory awareness

Education

Business/Commerce degree

CA/CPA ARITA FINSIA

Job description

Bendigo Bank is seeking a seasoned Head of Specialised Business Services to direct a high-calibre team of workout, restructuring, and loan realisation specialists. With substantial DLA, you will act as the bank's principal authority on impaired asset management, commercial workouts, and security enforcement.

You will lead strategic portfolio stewardship, exercise DLA, oversee enforcement, drive change, and brief executives and the board on risk and provisioning.