Senior Manager, Credit Risk

Cuscal Limited; Sydney; On-site; AUD 180,000 - 230,000; Full time

Benefits offered by this job

Recognition and growth

Wellbeing focus

Inhouse Barista

Job summary

Cuscal is seeking a Senior Manager, Credit Risk to safeguard and oversee its credit risk framework in Australia. You will provide independent oversight of first line practices, manage portfolio exposures, and ensure policy compliance across the organisation.

The role involves data-driven insights, risk mitigation, and board-level reporting. You will work with credit risk policy, standards and procedures, maintain risk models, and liaise with APRA as required.

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 documentation.
• Sound 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 using Excel, Power BI, and SQL.

Responsibilities

• Overseeing the management of Cuscal's credit limits and exposures, maintaining credit risk models as per Credit Risk Policy.
• Maintaining credit risk policy, standards and procedures to support risk appetite.
• Overseeing the limits and review framework for all exposures.
• Reviewing and endorsing all credit applications and periodic reviews.
• Developing 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.
• Suggesting improvements to credit risk policies and procedures and their implementation.
• Identifying and analysing emerging credit/counterparty risks and producing reports for stakeholders.
• Providing training and tools to the first line to manage risks.
• Assisting with remediation actions related to credit risk.

Skills

Credit risk analysis

Data analytics

SQL

Power BI

Tools

Excel

Power BI

SQL

Job description

At Cuscal, our Commercial and Business teams are the backbone of our organisation. From supporting clients and driving growth to ensuring compliance, managing finances, and fostering a positive workplace culture, our people play a vital role in achieving our commercial objectives while staying true to our values.

If you’re looking for a role where your skills and ideas make a real impact, join us to help shape the future of payments in Australia.

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.

You will stand out if you have:

• 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 documentation
• Sound 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)

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

If you’re excited about this opportunity, we’d love to explore how you can contribute to our vision. 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.