Credit Risk Manager at Commonwealth Bank

Sydney, New South Wales, Australia -

Full Time

Start Date

Immediate

Expiry Date

27 Sep, 26

Salary

0.0

Posted On

29 Jun, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Credit Risk Management, SQL, Python, SAS, Excel, Tableau, BigQuery, Snowflake, Portfolio Management, Credit Strategy Design, Data Analysis, Retail Lending, Governance, Risk Appetite, Stakeholder Collaboration, Performance Monitoring

Industry

Financial Services

Description

Credit Risk Manager Line 1 Credit Risk Strategy | Bankwest About the team: At its core, credit is trust extended over time. Every credit decision shapes customer outcomes, portfolio performance and the long-term resilience of the bank. To support the modernisation of our function we are building a more integrated, insight-led practitioner model that goes beyond reporting by playing an active role in shaping outcomes. About the role This is a great opportunity for a data-minded risk professional who enjoys solving real business problems. As a Credit Risk Manager, you will use data, analytics, business judgement, governance principles and collaboration to improve credit strategy across the full lifecycle, including originations, portfolio management, and collections. You will work closely with teams across Product, Pricing, Technology, Operations, Distribution, Operations, Collections and L1 and L2 Risk teams to design and deliver practical credit improvements to strengthen portfolio performance. You will take end-to-end ownership of credit challenges in your area, from diagnosis to delivery: Define and size the problem Analyse portfolio and process performance Recommend credit strategy or rule changes Support implementation and control testing Monitor results and optimise over time This is a hands-on role for someone who enjoys solving problems, connecting insights to decisions, and translating strategy into operational outcomes across the credit lifecycle. What you’ll do Credit strategy design and optimisation Develop and improve strategies across originations, account management, and collections using segmentation, decision logic, and performance analysis. Portfolio insight and performance monitoring Identify key trends, drivers, emerging risks, and opportunities. Translate analysis into practical recommendations that improve portfolio outcomes. Governance and controlled change delivery Support high-quality implementation through testing, validation, documentation, and traceability aligned to policy and regulatory expectations. Analytics and continuous improvement Use data, analytical tools, and modern platforms to strengthen decisioning, improve operational effectiveness, and enhance customer outcomes. Cross-functional collaboration and execution Partner with business, technology, operations, finance, compliance, and risk teams to ensure strategies are practical, implemented correctly, and performing as intended in production. What you’ll bring Experience in credit risk, preferably in retail lending Strong analytical capability, with the ability to interpret complex data, identify meaningful patterns, and derive insights that inform action Strong skills in SQL, Python, SAS, Excel, Tableau, or similar tools used for analysis and performance monitoring Experience working with modern data platforms (for example BigQuery, Snowflake, or similar cloud-based environments) Ability to translate analysis into clear, practical recommendations that balance customer outcomes, risk appetite, and business performance Sound understanding of Australian retail credit portfolios, including key segments, performance drivers, and the broader risk landscape Understanding of core portfolio metrics such as losses, recoveries, provisions, and return outcomes Strong problem-solving, structured thinking, and collaboration skills, with confidence working across business and risk stakeholders A curious mindset, strong sense of ownership, and willingness to keep learning and improving A tertiary qualification in a quantitative, analytical, commercial, legal, technology, or related discipline is valued, or equivalent practical experience. We recognise that great candidates may not meet every role requirement listed above. If your experience aligns strongly with many of the areas outlined and you are excited by the opportunity to grow further as a Credit Risk manager, we encourage you to apply. Why join us This role reflects a broader shift in how Credit Risk operates, toward a more connected, insight-driven and outcomes-focused practitioner model. You will have the opportunity to influence portfolio outcomes by helping shape credit decisions, improving governance and controls, strengthening decision quality and contributing to the evolution of modern credit practices. You will join a team that values curiosity, accountability, collaboration and continuous improvement where team members are encouraged to own outcomes, challenge constructively and grow capability over time. Flexibility We support our people with the flexibility to balance where work is done with at least half their time each month connecting in office. We also have many other flexible working options available including changing start and finish times, part-time arrangements and job share to name a few. Talk to us about how these arrangements might work in the role you’re interested in. If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career. We're aware of some accessibility issues on this site, particularly for screen reader users. We want to make finding your dream job as easy as possible, so if you require additional support please contact HR Direct on 1800 989 696. Advertising End Date: 08/07/2026 Whether you’re passionate about customer service, driven by data, or called by creativity, a career with CommBank is for you. Our people bring their diverse backgrounds and unique perspectives to build a respectful, inclusive and flexible workplace. One where we’re driven by our values, and supported to share ideas, initiatives, and energy. One where making a positive impact for customers, communities and each other is part of our every day. Here, you’ll thrive. You’ll be supported when faced with challenges, and empowered to tackle new opportunities. We really love working here, and we think you will too.

Responsibilities

The role involves designing and optimizing credit strategies across originations, portfolio management, and collections to improve performance. You will use data analytics to identify risks and trends, translating these insights into practical recommendations and operational outcomes.