Strategic Leader, Specialised Credit & Workouts

Bendigo Bank; Greater Bendigo; Hybrid; AUD 180,000 - 260,000; Full time

Benefits offered by this job

Flexibility in hybrid work options

Health and wellbeing support

Career progression and learning

Job summary

Bendigo Bank is seeking a Head of Specialised Business Services to lead a skilled team handling workout, restructuring and loan realisation. With delegated lending authority, you will shape recovery strategies and oversee enforcement activities to protect bank security positions.

You will collaborate with risk, executive leadership, and business lines to manage distressed exposures, steer policy-compliant actions, and drive transformation of credit management in a dynamic market.

Qualifications

• Extensive experience in Australian banking or specialised turnaround advisory.
• Experience holding/ exercising formal DLA over impaired or high‑risk portfolios.
• Proven leadership of high-performing professional teams.
• Ability to lead through regulatory shifts and volatile credit cycles.

Responsibilities

• Direct and empower a high-calibre team of workout, restructuring, and loan realisation specialists.
• Exercise DLA to sanction high-value restructuring, forbearance, and recovery strategies.
• Oversee enforcement actions with external partners and appoint receivers or liquidators when needed.
• Drive organisational transformation and modernisation of credit management practices.
• Deliver timely briefings to risk officers, executive committee, and board on portfolio risks.

Skills

Banking & restructuring acumen

Delegated Lending Authority (DLA)

People leadership

Change management

High-level negotiation

Education

Tertiary qualifications in Business/Commerce/Accounting/Finance/Economics/Law

Job description

Bendigo Bank is seeking a Head of Specialised Business Services to lead a skilled team handling workout, restructuring and loan realisation. With delegated lending authority, you will shape recovery strategies and oversee enforcement activities to protect bank security positions.

You will collaborate with risk, executive leadership, and business lines to manage distressed exposures, steer policy-compliant actions, and drive transformation of credit management in a dynamic market.