Credit Risk Manager

3 months ago

Sydney, Australia Cuscal Limited Full time

Job Description

Our client’s success is our success. And you make it happen

Payment systems are complex, regulated and everchanging. We are an established market leading brand who are focused on driving client growth. We’re at the forefront of innovation punching above our weight. We’re enabling the future for our clients through technology like New Payments Platform (NPP) and Open Banking.   

 We are an unlisted public company and one of five licensed banks in Australia with full direct connectivity and production capability across all domestic payment systems. Whilst the major banks leverage this capability for their consumer and business clients, our B2B model focuses on enabling other banks, fintech’s and corporates to deliver innovative and competitive payment and digital solutions to their clients and customers.  

We are looking for a Credit Risk Manager 

Reporting into the Head of Credit Risk, the main responsibility of this role is to aid in the management of Cuscal’s credit risk in accordance with prudential standards and Board policy to minimise the potential for loss. 

The Credit Risk Manager will conduct monitoring and management of Cuscal’s credit risk on a portfolio of counterparty exposures. This includes the preparation and process of applications from financial institutions and other potential borrowers/counterparties for approval, by carrying out necessary credit, liquidity and other assessments in line with the documented procedures.    

The role responsibilities sit across four key areas: 

Credit Risk Management 

  • Management of credit risk on a selected portfolio of ADIs and corporate exposures.   

  • Ongoing monitoring of counterparties' credit and liquidity worthiness and their latest development via all available means such as periodic financial updates and covenant, limit excess or watch list reporting. 

  • Identification of emerging credit/counterparty risks and providing these results, including the completion sector papers as required, to key internal stakeholders for consideration. 

Credit Evaluation & Decision Making 

  • Preparation and processing of detailed credit submissions for all committed and uncommitted facility applications and annual reviews on designated counterparties for approval by delegated authorities in accordance with Cuscal’s policies.  

  • Provision of timely credit decisions for all permanent and transactional credit requests as per delegated authorities. 

  • Provide insights and recommendations for ongoing improvement to existing credit risk related policies and procedures and their implementation. 

Client & Stakeholder Engagement 

  • Where applicable, meet with new and prospective clients for credit risk related matters. 

  • Providing information, training, advice and tools to the first line of defence to assist them to identify, manage and monitor risks.   

  • Assist with completing credit risk related remediation actions. 

Reporting 

  • Maintain complete and accurate counterparty records in all risk management system and database on the designated portfolio.   

  • Assist in the preparation of reports for submission to ALCO and the Board Risk Committee and any other committees as required. 

About You  

This is a crucial position within Cuscal and requires the ideal candidate to have extensive credit experience covering financial institutions and corporates and a sound understanding of credit analysis techniques.  

As the successful candidate we invite you to also have:  

  • Good general knowledge of the APRA prudential standards, particularly those applicable to ADIs   

  • Familiarity with lending practices and products  

  • Comprehensive understanding of credit scoring models and rating agencies   

  • Ability to read and understand balance sheets, profit & loss, cash flow statements and other financial reports.  

  • You are a natural collaborator and your ability to influence action and outcomes across cross functional groups   

  • Analytical and critical thinking mindset  

  • Self-assured in providing accurate results in a tight deadline driven environment.   

  • Tertiary education in an accounting discipline or similar field. 

Job Location

I'm interestedI'm interested
Privacy PolicyCookies Settings

  • Credit Risk Manager

    6 months ago

    Sydney, Australia HAYS Full time

    Join a market leading Australian FinTech company as a Credit Risk Manager **Your new company** Experience amazing career opportunities, development and learning programs in one of Australia’s growing FinTech companies. This is an exciting opportunity for an experienced Credit Risk Manager to assist in building and evolving market-leading capabilities in...

  • Credit Risk Manager

    3 months ago

    Sydney, Australia Cuscal Full time

    **Job Description** Our client’s success is our success. And you make it happen!** Payment systems are complex, regulated and everchanging. We are an established market leading brand who are focused on driving client growth. We’re at the forefront of innovation punching above our weight. We’re enabling the future for our clients through technology...

  • Credit Risk Manager

    6 months ago

    Sydney, Australia Perigon Group Full time

    A great brand with excellent company culture with hybrid/ WFH model. - Newly created role. A leading Sydney based FinTech are seeking an experienced Credit Risk Manager to join the team. Offering a great working environment and remuneration. The role: - Full function Credit Risk. - Management of collections and develop recovery strategies for optimal...

  • Credit Risk Manager

    1 month ago

    Sydney, Australia Westpac Banking Corporation Full time

    Credit Risk Manager - **Opportunity to join Westpac's First Line Credit Risk Team**: - **Established career path and progression opportunities**: - **Sydney based permanent role** **How will I help?** We are seeking a dynamic Risk Manager to join the First Line Credit Risk team within the Consumer Finance & Digital Line of Business and is responsible for...

  • Credit Risk Manager

    4 weeks ago

    Sydney, Australia Plenti Full time

    **Who is Plenti? Plenti is a fintech lender, providing faster, fairer loans by leveraging its smart technology. Plenti is a dynamic and innovative business that is growing strongly. By continuing to deliver better customer experiences, Plenti is taking market share from incumbent players in the personal lending, renewable energy, and automotive finance...

  • Credit Risk Manager

    1 month ago

    Sydney, Australia Westpac Group Full time

    **Opportunity to join Westpac’s First Line Credit Risk Team**: - **Established career path and progression opportunities**: - **Sydney based permanent role** **How will I help?** We are seeking a dynamic Risk Manager to join the First Line Credit Risk team within the Consumer Finance & Digital Line of Business and is responsible for the development and...

  • Credit Risk Manager

    4 weeks ago

    Sydney, Australia Plenti Full time

    Who is Plenti? Plenti is a fintech lender, providing faster, fairer loans by leveraging its smart technology. Plenti is a dynamic and innovative business that is growing strongly. By continuing to deliver better customer experiences, Plenti is taking market share from incumbent players in the personal lending, renewable energy, and automotive finance...

  • Credit Risk Manager

    6 months ago

    Sydney, Australia Jobs for Humanity Full time

    **Company Description** Jobs for Humanity is collaborating with FIS Global to build an inclusive and just employment ecosystem. We support individuals coming from all walks of life. Company Name: FIS Global **Job Description** Position Type**: Full time **Type Of Hire**: Experienced (relevant combo of work and education) **Travel Percentage**: 0% Are you...

  • Credit Risk Manager

    3 weeks ago

    Sydney, New South Wales, Australia Randstad Full time

    Job DescriptionThis role is critical in proactively minimizing credit and fraud risk while maximizing potential revenue. As a seasoned leader, you will oversee 7 key functions: Decisioning Analytics, Systems, Optimization, Governance, Performance analytics, and Fraud Risk prevention strategy.You will lead 7 highly skilled teams consisting of Data Scientists,...

  • Credit Risk Manager

    6 months ago

    Sydney, Australia T+O+M Executive Full time

    Our client, a multinational bank is looking for an experienced credit risk professional with expertise across regulatory reporting standards, retail credit portfolios, and data insights related to credit risk. Key Responsibilities: - Oversee regulatory reporting preparation - Maintain accurate and timely reporting - Conduct analyses on retail credit...

  • Credit Risk Manager

    4 weeks ago

    North Sydney, Australia Shift Full time

    Job DescriptionIn this role you will be responsible for the credit performance of Shift’s Trade product against predefined KPIs.  The role encompasses owning credit decisioning models, portfolio management and monitoring the end-to-end operational performance of the business for factors that influence the credit performance of the product portfolio. Own...

  • Credit Risk Manager

    4 weeks ago

    North Sydney, Australia Shift Full time

    **Company Description**: At Shift, we’re business specialists dedicated to helping Australian SMEs take control of their cashflow, streamline trade terms and choose the right financial products. We believe Australian businesses are the driving force behind our economy and are core to our communities. That’s why our business expertise, focus on...

  • Credit Risk Manager

    1 week ago

    North Sydney, Australia Shift Full time

    **Company Description**: At Shift, we’re business specialists dedicated to helping Australian SMEs take control of their cashflow, streamline trade terms and choose the right financial products. We believe Australian businesses are the driving force behind our economy and are core to our communities. That’s why our business expertise, focus on...

  • Credit Risk Manager

    2 weeks ago

    North Sydney, Australia Shift Full time

    **Company Description**: At Shift, we’re business specialists dedicated to helping Australian SMEs take control of their cashflow, streamline trade terms and choose the right financial products. We believe Australian businesses are the driving force behind our economy and are core to our communities. That’s why our business expertise, focus on...

  • Strategic Credit Risk Manager

    4 weeks ago

    Sydney, New South Wales, Australia Cuscal Limited Full time

    Cuscal Limited is a leading market player in the payment systems industry, driving innovation and growth through technology like New Payments Platform (NPP) and Open Banking. As a forward-thinking company, we're committed to delivering competitive payment and digital solutions to our clients and customers.We are seeking an experienced Strategic Credit Risk...

  • Credit Risk Analytics Manager

    2 weeks ago

    Sydney, Australia Commonwealth Bank of Australia Full time

    Credit Risk Analytics Manager **We are** a committed Risk Management team responsible for developing credit policies and strategies within Business Banking Risk Appetite, automated decisioning and driving efficiencies and simplifications in credit processes to achieve excellent customer outcomes and risk reward trade-offs. **Together we will** deliver...

  • Credit Risk Insights Manager

    2 months ago

    Sydney, Australia Commonwealth Bank Full time

    **Do work that matters** RBS Consumer Finance manages the development and delivery of all retail credit products, including Credit Cards, Personal Loans and Simple Credit products including Buy Now Pay Later. The Credit Risk and CommAssets Crew within RBS Consumer Finance is accountable for managing all credit risk lending policies, strategies, automated...

  • Senior Credit Risk Manager

    4 weeks ago

    Sydney, New South Wales, Australia Zip Co Full time

    About the RoleWe are seeking a highly skilled Senior Credit Risk Manager to join our Underwriting team in Sydney, Australia. As a key member of our credit risk management team, you will be responsible for assessing credit applications and providing expert advice on credit risk management.Job SummaryThe successful candidate will have a strong background in...

  • Credit Risk Analyst

    6 months ago

    Sydney, Australia INGRITY Full time

    Credit Risk Analyst required to join a financial services business to provide unsecured lending services to customers. As a Credit Risk Analyst, you will play a pivotal role in assessing and managing credit risk associated with our unsecured lending portfolios. Leveraging your expertise in credit risk modelling, you will be responsible for validating and...

  • Head of Credit Risk

    4 months ago

    Sydney, Australia APRA Full time

    Head of Credit Risk **The role** As APRA's Head of Credit Risk, Financial Risk you will lead a team of credit risk specialists ensuring Australians' financial interests are protected and that the financial system is stable, competitive and efficient. With unparalleled access to credit information and the most senior credit professionals in banks and other...