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Head of Credit Risk

Newcastle Permanent Building Society

Job Description

  • Senior leadership role; direct report to Executive
  • Directly contribute to strategic plan; key influential position
  • Business partner role; work collaboratively with mortgage lending team

 

Our organisation

 

Newcastle Permanent Building Society is Australia’s second largest customer owned banking organisation. We are more than 115 years young, employ almost 900 people and have more than 320,000 customers. We help Australians save and purchase homes by offering an incredible customer experience and provide some of the most competitive products and rates available.

 

Our lending portfolio

 

Newcastle Permanent continues to face a challenging environment; interest rates are at a historic low and we continue to navigate the global pandemic. Through this, decisions have been made to allow us to continue to offer some of the most competitive fixed-term home loan interest rates in the market.

 

In 2020, Newcastle Permanent helped nearly 4,000 customers finance a home, with new loan approvals hitting $1.6 billion. Our organisation continues to drive forward. Not bad!

 

Our opportunity

 

You will report to our Chief Risk Officer and have regular interactions with the Board and Risk Committee. You have a seat at the table and will draw on your influencing skills to be able to genuinely contribute to the risk appetite at Newcastle Permanent.


You will oversee Newcastle Permanent’s credit and lending policy and strategy framework. You will draw on your extensive experience in credit risk management, showcasing your specialisation in mortgage lending.


You are accountable for Newcastle Permanent’s lending policies. You will be commercially minded and take a forward thinking approach in making decisions, while ensuring policies are aligned to the strategic plan.


You will work collaboratively with the business in uplifting capability, particularly in the 1st and 2nd line of defence. You are a passionate people person who partners with the business and has contributed to maturity of risk management.


You will manage a team of credit risk professionals. You will be a successful leader who thrives on coaching, developing and motivating your team.

Our offer to you


Along with a competitive salary and opportunity to further your career, you’ll have access to our training and development program, a focus on your health and wellbeing through discounted gym membership and private health insurance, flexible hours and the potential option of remote work with periodic office visits.

 

Newcastle Permanent also supports the local community by providing two paid volunteer days per year and the ability to attend a wide variety of community events.

 

Next steps

 

At Newcastle Permanent, we live our purpose: trusted banking that’s here for you, here for good and we’re driven by our vision of becoming Australia’s favourite banking experience.

 

If this sounds like the type of organisation you would like to work for, we invite you to submit an application!