Principal - Credit Risk

Shape Queensland’s financial future with QTC.

Are you a seasoned credit risk professional ready to take the lead in shaping credit strategy and oversight at Queensland’s central financing authority? QTC is seeking a **Principal, Client Credit** to join our Risk Division and play a pivotal role in managing and enhancing our credit risk framework across client lending and investment counterparties.

As a senior specialist and functional leader, you will oversee the identification, assessment, and monitoring of credit risk across QTC’s client lending portfolio. You’ll lead a high-performing team, drive strategic improvements, and ensure credit exposures are managed in line with QTC’s risk appetite and policies.

**Key Responsibilities**- Manage day-to-day credit operations, setting team priorities and ensuring consistent delivery.- Contribute to divisional strategy through expert insights and leadership.- Coach and develop team members to deliver high-quality credit outcomes.- Oversee credit risk assessments, ratings, and recommendations for client lending.- Monitor portfolio performance and identify emerging risks.- Enhance credit frameworks, tools, and processes for greater efficiency and accuracy.- Provide high-quality analysis to support senior management and committee decisions.- Collaborate across teams to align credit practices with broader organisational goals.- Represent credit risk in internal and external forums.

**What You’ll Bring**

You are a strategic thinker with deep expertise in credit and counterparty risk. You thrive in collaborative environments and bring a strong leadership mindset to build capability and drive excellence.- Advanced credit assessment and financial analysis skills, with strong judgement and attention to detail.- Deep understanding of institutional investment products, exposure controls, internal rating systems, and regulatory obligations.- Analytical thinking and clear communication, with the ability to interpret complex financial data and present insights to diverse audiences.- Integrity and accountability, consistently upholding professional and ethical standards.- Strong relationship-building and problem-solving skills, with a collaborative mindset across teams and divisions.- Inclusive leadership, fostering team development, coaching capability, and driving continuous improvement and excellence.

**Qualifications & Experience**

**Essential**:

- Tertiary qualifications in finance, economics, commerce, or a related field.- Minimum 6 years’ experience in credit and counterparty risk roles within financial institutions, government funding agencies, or similar sectors.- Strong written and verbal communication skills, with the ability to present to executive stakeholders.

**Build the future with QTC**

QTC is the central financing authority for the Queensland Government and provides financial resources and services for the State. We manage the State’s funding program in the global capital markets to deliver sustainable and cost-effective borrowings for the Queensland Government, local governments, and other related entities (our clients).

With a statutory role to advance the financial interests and development of the State, we help to deliver innovative, long-term solutions that contribute to the growth of Queensland’s economy. We protect Queensland’s financial interests and deliver better financial outcomes by centralising the management of our clients’ borrowings, cash investments, and foreign exchange.

We do work that improves Queensland for generations. We are a leader in finance, creating meaningful solutions with profound outcomes. We set the standard in financial solutions. We address the challenges of today, with results for tomorrow.

Benefit from a best-in-class professional development program, flexible work, leadership programs, study support, paid-parental leave, salary packaging and a corporate wellbeing program (including discounts for you and your family to a range of fitness facilities close to home or work).