Company Logo

Head of Credit Risk

Bank Australia

Job Description

Do you want to be part of using the business of banking as a force for good? Do you want to create positive impact for people and the planet? Bank Australia is the bank for people who want to be part of a movement creating a fairer and more just world. 

We’re growing fast as more people choose to align their banking with their values. We’re a customer owned, B Corp certified bank.

We empower our staff and 175,000+ customers to be part of the clean money movement. 

We are currently seeking a highly experienced Head of Credit Risk to join the Risk and Compliance team. This is a permanent and full time position.

Why join us

  • We have big plans to become Australia’s most trusted bank and a leading purpose-driven business.
  • As a certified B Corp, we’re part of a global business community who meet the highest social and environmental standards, putting purpose over profit.
  • Every role and person in our bank is essential to bringing our values, purpose and aspiration to life.
  • We offer flexible working options and competitive salary and benefits, including 11% super and paid parental, volunteer and family violence leave.
  • We support our staff to grow their careers through learning and development and an organisational culture where we reward and recognise innovation and values, not long hours.
  • We are committed to building an inclusive culture and a diverse workforce that reflects the Australian community.
  • We are the first bank in the world to own its own Conservation Reserve – which we use to protect threatened species and involve staff in conservation.

What you will be doing

The Head of Credit Risk will have responsibility for the credit risk management framework for the bank. This covers retail banking, the commercial book, impact finance lending and any other part of the business where credit risk arises from a deal or a transaction. The Head of Credit Risk will work with the Chief Risk Officer to provide risk leadership for the business growth strategy and help to set the boundaries that enable good credit risk taking decisions.  This is a second line risk management role.

The Head of Credit Risk will provide independent oversight and assurance to the Executive, Senior Management and The Board of the performance, risk profile and compliance with the credit risk framework, risk strategy and regulatory standards that apply to the bank in the credit space. This role covers credit risk oversight in its broadest sense for the bank, with some specific responsibilities pertaining to the Commercial and Impact Finance portfolios.

What you will bring

  • Significant Business Banking experience in an APRA regulated ADI, which should include experience in Credit Risk Management aligned to portfolio and regulatory (RWA’s and provisioning) risk together with transactional approvals
  • Significant experience collaborating at senior levels to manage credit risk
  • Excellent verbal, written and interpersonal communication skills
  • A highly professional and collaborative style with outstanding stakeholder management skills
  • Confidence and competence to appropriately challenge Lending practices and decisions
  • Tertiary qualifications in business management, accounting, law, risk or other relevant area
  • A record of technical training relevant to areas of responsibility, business banking or risk, such as FINSIA, RMA or other risk management organisations
  • Flexibility to travel to both regional and interstate locations
  • Commitment to Bank Australia’s purpose, aspiration, values and brand as well as the B Corp ethos.

By submitting an application you agree to b7uBank Australia’s Privacy Policy for applicants and confirm that you are legally able to work in Australia. Bank Australia is an equal opportunity employer committed to sustainable development. We encourage people from different backgrounds to apply, including Aboriginal and Torres Strait Islander people, people from different cultural backgrounds and people with disabilities because we want to reflect the diversity of our communities. We are committed to making reasonable adjustments to provide a positive, barrier-free recruitment process and supportive workplace.

Bank Australia reserves the right to withdraw this advertisement at any time. Candidates will be progressed as applications are received, rather than after the advertisement closure date. If you wish to be considered, please submit your application as soon as possible. Please note, the successful candidate will be subject to satisfactory background checks including but not limited to police and previous employment.