Credit Risk and Compliance Manager

As Australia’s longest serving Defence financial institution, we have supported those who protect and serve our country for over 65 years. And as a member-owned bank, we are here for our members first, helping them to achieve their financial goals with a range of competitive products and personalised service. In 2024, we were named one of the World’s Best Bank by Forbes and won Canstar’s Consumer Bank of the Year for Everyday Banking.

Your Role:

This position is responsible for the ongoing development, implementation and management of the credit risk and compliance framework, policies and procedures that supports the Bank, including having a high performing cross skilled risk and compliance team. You will also ensure the Bank is compliant with all applicable regulations and legislation governing its credit license and risk management and compliance obligations.

What You’ll Do:

• Manage the Credit Quality Review process for Retail Lending, this includes reporting and issues follow up
• Provide support to the Lending Fulfilment and Retail Compliance Team on credit risk matters that require clarification and/or amendments to Credit Underwriting Standard
• Completing Credit Quality Reviews to ensure the Retail Lending meets to Bank’s policy requirements, meets regulatory requirements, are approved within Delegated Lending Approval Authorities and the settlement reflects all approval conditions
• Ongoing enhancement and management of the Credit Underwriting Standard, the Risk Management and Compliance Frameworks including policies, procedures, processes, systems, training and reporting to meet the needs of the Bank, keeping pace with strategic growth plans and a changing operating and regulatory environments
• Ensuring the Bank has in place the correct internal control framework to identify, assess and manage all material credit risk and compliance issues
• Lead and improve the quality and timeliness of deliverables from the Risk and Compliance function including contribution to the annual compliance plan, policy and procedure reviews, monthly risk and compliance reporting

What We’re Looking For:

• Working knowledge of relevant legislation including but not limited to eg NCCP, Banking Code of Practice, Privacy Act and Corporations Act.
• Extensive experience in an ADI in Retail Lending including the exercise of a credit approval authority (essential).
• Comprehensive knowledge and understanding of credit policies
• Strong attention to detail, analytical, problem solving and customer service skills
• Strong negotiation skills and ability to manage challenging communications
• Proficiency in the use of Microsoft Word, Excel, Powerpoint, Teams and GRC System
• Understanding of Risk and Compliance Frameworks, Policies and Procedures.
• Proven ability to identify emerging risks and developing strategies for their mitigation.
• Excellent communication skills including clear, concise and understandable written and oral communication skills.

Benefits

Working with Australian Military Bank will provide you access to a great range of benefits including:

• Staff Banking product + Services discounts
• Novated Leasing options
• 4 weeks Paid Parental + Purchased Leave option
• Referral Reward Program
• Employee Assistance Program
• Annual Flu Shot + Blood Donor Leave
• Polo Shirt provided
• Service Awards

Why Us

Australian Military Bank forms an integral part of the wider Defence community. We offer our staff competitive remuneration, discounts on banking and insurance products and ongoing learning and development programs. You will be provided with training and coaching on the job to provide you with the tools to be successful in this role. Australian Military Bank provides realistic progression opportunity nationwide and the opportunity to embrace new technologies and ways of working.

Probity check

As we are an Authorised Deposit Taking Institution, there is a requirement to complete the standard range of Credit, Police and Bankruptcy checks prior to commencement of employment.  

This is an exciting, challenging position with the opportunity to build your career with a highly trusted mutual bank. We move quickly with our interview process, if you are keen please submit your CV today!