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Business Banking Credit Risk – Senior Manager / Associate Director

Additional office locations
Sydney
Job ID
23651
Date
14-Aug-2026
Permanent - Full time, Mid-senior, Senior
Job category
Corporate Banking, Credit, Risk Management
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. 

Working closely with business banking, product, technology, operations and central risk management teams, the Credit Risk Team drives the ongoing enhancement of commercial lending policies, risk acceptance criteria and governance practices. The team's expertise helps balance growth opportunities with prudent risk management, ensuring robust controls are in place while supporting customers and the broader business through responsible lending decisions. 
We are a global financial services group operating in 30 markets with 57 years of unbroken profitability. At Macquarie, you’re empowered to shape a career that is fulfilling and creates value. You will bring your insights and expertise to the task at hand and feel supported as you make your own kind of impact for a better future.

What role will you play?

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You will lead a small team of credit risk professionals to evolve commercial lending credit risk policies, with in-depth consideration of risk, reward, customer and employee experience, and technology opportunities. You will bring a strong understanding of commercial lending credit risk and how it relates to the credit risk lifecycle, while owning, managing and updating the suite of risk appetite and credit risk policies that underpin our risk management framework. You will identify and investigate trends and insights from internal and external data to understand where credit policies can be optimised, and contribute to projects that support strategic initiatives across the credit risk lifecycle. 

You will develop a strong understanding of the management reporting produced within the Credit Risk team, including identifying opportunities to improve automation, managing data quality, and updating technical documentation and user guides. Working collaboratively with key stakeholders, including internal and external data teams and the centralised risk management group, you will help drive continuous improvement and effective risk management outcomes. You will also lead the team to ensure obligations and reporting standards are met, drawing on deep knowledge of Prudential Standards for ADIs under Risk Management, including APS220, ARS220, APS112, APS113, NCCP and BCOP. 

What you offer

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  • Significant experience in a risk-based role, ideally within financial services. 
  • Experience in commercial lending credit underwriting and the credit risk lifecycle. 
  • Strong knowledge of credit risk policies, risk appetite frameworks and governance. 
  • Experience with credit risk systems and their application within 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.
We love hearing from anyone inspired to build a better future with us, if you're excited about the role or working at Macquarie we encourage you to apply.

What we offer

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At Macquarie, you’re empowered to shape a career that’s rewarding in all the ways that matter most to you. Macquarie employees can access a wide range of benefits which, depending on employment type, include:

  • 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

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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

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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.

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