Personal Banking Credit Risk – Senior Manager / Associate Director in Sydney

The Banking and Financial Services Credit Risk Team is responsible for managing and strengthening credit risk capability across a diverse portfolio of banking and financial services products. The team leads the design, implementation and oversight of credit risk policies and frameworks, ensuring lending practices remain aligned with strategic objectives and risk appetite. Leveraging portfolio reporting, data analytics and industry insights, the team delivers informed risk assessments and supports sound decision making across the lending lifecycle.

In this role you will lead a small team of credit risk professionals to evolve home lending credit risk policies, with in-depth consideration of risk, reward, customer and employee experience. You will bring a strong understanding of residential lending credit risk and how it is effectively operationalised in an increasingly automated environment. You will identify and investigate trends and insights from internal and external data to understand risks, identify where policy can be optimised, and contribute to projects that support strategic initiatives across the credit risk lifecycle. You will work in close collaboration with the Personal Banking ecosystem, including Product, Technology, Operations, Treasury, Sales and Line 2 Risk to ensure our policies, processes and systems are driving continuous improvement and effective risk management outcomes.

What You Offer

• Significant experience in a risk-based role, ideally within financial services.
• Experience in credit underwriting, having held a delegated lending authority.
• Strong knowledge of credit risk policies, risk appetite frameworks and governance.
• Proven track record of leading change across multiple teams, including a sound knowledge of the systems and technology utilised in the application of policy frameworks.
• Proven people leadership experience within a risk, credit or banking environment.
• Strong analytical skills, with the ability to identify trends and drive policy optimisation.
• Experience managing reporting, data quality, automation and process improvements.
• Excellent communication skills, with strong stakeholder management capabilities.
• Ability to manage multiple priorities, work collaboratively and operate effectively independently.
• Sound knowledge of ADI Prudential Standards, including APS220, ARS220, APS112, APS113, NCCP and BCOP.

What We Offer

• 1 wellbeing leave day per year.
• Up to 5 additional service bonus leave days per year.
• Up to 20 weeks’ paid parental leave for primary caregivers along with 12 days of transition leave upon return to work, and 6 weeks’ paid leave for non-primary caregivers.
• 2 days of paid volunteer leave and donation matching.
• Up to 12 months’ gender affirmation leave, including 6 weeks’ paid leave.
• Access to Employee Assistance Program and wellbeing benefits including skin and health checks, and flu vaccinations.
• Access to a wide range of salary packaging options.
• Access to a wide range of learning and development opportunities, including reimbursement for professional membership or subscription.
• Hybrid and flexible working arrangements, dependent on role.
• Reimbursement for work from home equipment.

About Banking and Financial Services

Banking and Financial Services is our technology-driven retail bank. You will be part of a team that supports clients to achieve their full potential - whether that’s buying a home, growing a business or investing to manage wealth.

Inclusion at Macquarie

We are committed to providing an inclusive environment for all, where different experiences, skills and perspectives are valued and respected. Macquarie provides access to opportunities for all individuals regardless of race, colour, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other characteristic or circumstance. We provide reasonable adjustments to individuals who may need support during the recruitment process and employment. If you require an adjustment, please let us know during the application process.