Senior Manager, Credit Risk

Cuscal Limited; Sydney; On-site; AUD 180,000 - 240,000; Full time

Benefits offered by this job

Ignite growth

Wellbeing program

Inhouse barista

Job summary

Cuscal Limited is seeking a Senior Manager, Credit Risk in Sydney to oversee the credit risk framework and ensure policy adherence. You will provide independent oversight of first line risk practices and deliver data-driven insights to support risk mitigation and portfolio performance.

Responsibilities include overseeing credit limits, maintaining risk policies, reviewing credit applications, and liaising with APRA as required.

Qualifications

• In-depth knowledge of APS 220, 221 and APS 222 and APRA environment.
• Strong knowledge of credit analysis techniques.
• Understanding of credit procedures and management systems.
• Experience with loan security documentation.
• Sound knowledge of balance sheet risk management and accounting.
• Good understanding of treasury credit risks and pricing.
• Experience working with regulators.
• Data analytics using Excel, Power BI and SQL.
• Risk management certifications (CFA/FRM/PRM) preferred.

Responsibilities

• Overseeing management of Cuscal's credit limits and exposures.
• Maintaining and administering credit risk policy and procedures.
• Overseeing a limits and review framework for exposures.
• Reviewing and endorsing credit applications and reviews.
• Developing risk methodologies for chargeback/refund risk.
• Providing technical credit risk support to first line risk businesses.
• Managing preparation of Board and Risk Management committee papers.
• Liaising with APRA as required.
• Offering insights to improve credit risk policies and implementation.
• Identifying and analysing emerging credit/counterparty risks.
• Providing training and tools to first line of defence.
• Assisting with credit risk remediation actions.

Skills

Credit risk analysis

Data analytics

Power BI

SQL

Regulatory liaison

Tools

APRA reporting systems

Job description

Job Description

The Senior Manager, Credit Risk

plays a pivotal role in safeguarding Cuscal’s credit risk framework. This role is responsible for providing oversight of portfolio management activities, ensuring the consistent implementation and adherence to credit risk policies, standards, and procedures across the organisation. The role also provides independent oversight of First Line credit risk practices and delivers data-driven insights to support informed decision-making, risk mitigation, and portfolio performance.

You’ll make an impact by:

• Overseeing the management Cuscal's credit limits and associated exposures in a pro-active manner, including maintenance of various credit risk models in accordance with Credit Risk Policy.
• Maintaining and administering credit risk policy, standards and procedures that support the level of risk appetite as determined by the Board of Directors and ensures adherence to all relevant regulation.
• Overseeing the maintenance of an up-to-date limits and review framework for all exposures.
• Reviewing and endorsing all credit applications and periodic reviews.
• Developing and maintaining risk methodologies for chargeback/refund risk
• Providing technical credit risk support and analysis to first line risk businesses
• Managing the preparation of Board and Risk Management committee papers.
• Liaising with APRA as required.
• Providing insights with the ongoing improvement to existing credit risk related policies and procedures and their implementation.
• Identifying and analysing emerging credit/counterparty risks and providing these results, including the completion portfolio and industry papers to key internal stakeholders.
• Providing information, training, advice and tools to the first line of defence to assist them to identify, manage and +monitor risks.
• Assisting with completing credit risk related remediation actions.

Qualifications

• In-depth knowledge of APS 220, 221 and APS 222 and general knowledge of the APRA prudential environment
• Strong knowledge of credit analysis techniques
• Understanding of credit procedures and management systems
• Experience with loan security documentationSound knowledge of balance sheet risk management and accounting practices
• Good understanding of Treasury credit risks including credit pricing, fair and relative value analysis
• Experience working with Regulators
• Data analytics (Excel, Power BI, SQL)
• Risk management (CFA, FRM, PRM preferred)

Additional Information

Why Cuscal?

At Cuscal, you’ll experience interesting work that’s transforming. You get the security of an established organisation and the energy of a company committed to innovation. For 60 years, we’ve set the standard in payments, and now we’re preparing to redefine it for the future.

You’ll also enjoy a range of benefits, including:

• Recognition and growth: Celebrate achievements through IGNITE and grow with tailored development opportunities
• Wellbeing focus: We support your physical, mental and financial health with holistic initiatives and access to discounts via Cuscal Advantage
• Inhouse Barista: for whenever you feel like your favourite hot beverage

Cuscal is an equal opportunity employer committed to creating a diverse, inclusive and barrier-free workplace. We welcome applications from Aboriginal and Torres Strait Islander peoples, people living with disability, LGBTQIA+ communities and individuals from culturally diverse backgrounds.