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Director- Credit Risk Policy, Business Banking


Join our Credit Risk team, the independent risk management team of Banking and Financial Services, and enjoy playing a key role in bringing risk and data based decision making to our business banking lending policies.  

You will join a team that manages credit risk across our residential mortgages, asset finance, credit cards and small business lending products. Reporting to the Head of BFS Credit Risk, your focus will be on leading and building credit risk capability in the BFS Credit Risk team on business banking product, working in collaboration with the Business Banking ecosystem, including product, sales, operations and technology to enhance our commercial lending credit risk appetite and policies.  

This includes evolving and managing our commercial lending credit risk policy and leveraging credit risk portfolio reporting, risk insights, industry data and customer and employee ecosystem feedback to enhance our credit risk policies and guidelines. Our Banking and Financial Services Credit Risk team also maintains close working ties with our central risk management group, relating to the development of risk acceptance criteria and risk governance.  

In this role, you will be responsible for:  

  • Leading a small team of credit risk professionals to evolve the commercial lending credit risk policies with in depth consideration for risk, reward, customer and employee experience and technology opportunities. 
  • Understanding commercial lending credit risk and how they relate to the credit risk lifecycle  
  • Owning, managing and updating the suite of risk appetite and credit risk policies that underpin our risk management framework 
  • Identifying and investigating trends and insights from internal and external data to understand and leverage to see where our credit policies can be optimised 
  • Understanding a suite of existing management reporting produced within the Credit Risk team, including identifying initiatives to improve automation, managing data quality and updating technical documentation and user guides 
  • Contributing to projects to develop strategic initiatives across the credit risk lifecycle  
  • Collaborating with key stakeholders, including internal and external data teams and the centralised risk management group. 

To be successful, you will be degree qualified. You will also need:  

  • Minimum 10+ years’ experience in a risk-based role, preferably in the financial services sector 
  • Experience in credit underwriting in Commercial lending business 
  • Experience with credit risk systems and their interaction with policies. 
  • Excellent written and verbal communication skills 
  • Ability to multi-task and be flexible, and the ability to work individually as well within a team 

If you are looking for your next career move and the above sounds like you, please apply online now.  

About Banking and Financial Services

Banking and Financial Services is Macquarie’s retail banking and financial services business, providing a diverse range of personal banking, wealth management, business banking and vehicle finance products and services to retail clients, advisers, brokers and business clients. 

Our commitment to Diversity and Inclusion 

The diversity of our people is one of our greatest strengths, and in combination with our inclusive environment, it enables us to deliver innovative and sustainable outcomes for our people, clients, shareholders and communities. From day one, you'll be encouraged to be yourself and supported to perform at your best. If our purpose of ‘empowering people to innovate and invest for a better future’ is as inspiring to you as it is to us, please apply. With the right technology, support and resources, our people can work in a range of flexible ways.

We are committed to providing a working environment that embraces and values diversity and inclusion. We encourage candidates to speak with a member of our recruitment team if you require adjustments to our recruitment process to support you, and the type of working arrangements that would help you thrive.

About Macquarie

A career at Macquarie means you’ll have the opportunity to develop and utilise new skills, explore interesting fields and do challenging work that will impact the lives of people around the world—whether it’s accelerating the green energy transition, helping sustain global food supplies, financing social housing projects or investing in essential infrastructure. At Macquarie, we’re empowering people to innovate and invest for a better future.

Our size and international presence means your work can take you anywhere—across business groups, disciplines, sectors and borders. With 17,000+ employees and offices in 33 markets around the world, we’re a truly global organisation.

You’ll be supported by a diverse team where the unique perspectives, ideas and experiences that all of our people bring are valued. You’ll be empowered to address unmet needs in our communities whilst advising and investing alongside our clients and partners. Working with us, you’ll have the opportunity to make a difference.

Macquarie is a global financial group providing clients with asset management, retail and business banking, wealth management, leasing and asset financing, market access, commodity trading, renewables development, specialist advisory, capital raising and principal investment.

Find out more at

Job no: BFS-961600
Work type: Permanent - Full time
Location: Sydney
Category: Senior, Credit, Risk Management
Group: Banking and Financial Services
Division: BFS Central & Operations
Recruiter: Heather Noto
Opening Date: