Senior Manager, Credit Risk

Cuscal Limited; Sydney; On-site; AUD 250,000 - 350,000; Full time

Job summary

Cuscal Limited is seeking a Senior Manager, Credit Risk to oversee portfolio management, maintain credit risk models, and ensure policy adherence across the organisation. You will provide independent oversight of first line credit risk practices, review credit applications, liaise with APRA, and prepare board papers to support risk-informed decisions.

The role requires APS 220/221/222 knowledge and strong data analytics (Excel, Power BI, SQL) to identify emerging risks and drive policy

Qualifications

• In-depth knowledge of APS 220, 221 and APS 222.
• Strong knowledge of credit analysis techniques.
• Experience liaising with regulators (APRA) and risk committees.

Responsibilities

• Oversee credit limits and exposures and maintain risk models.
• Maintain policy, standards and procedures in line with risk appetite.
• Endorse credit applications and periodic reviews.
• Provide insights to first line risk businesses and prepare board papers.
• Liaise with APRA as required and identify emerging risks.

Skills

Credit risk analysis

Data analytics

Regulatory liaison

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.

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

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)

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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, mentaland 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.

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