Powering seamless and secure connections for customers Cuscal Limited Credit Risk Manager Cuscal is a payments and regulated data services provider in Australia. For nearly 60 years, we have enabled Australian banks, mutuals, corporates, and fintechs to better serve and connect with their customers through the implementation of innovative technology solutions. About the role Our client's success is our success. And you make it happen! Payment systems are complex, regulated, and ever-changing. We are an established market-leading brand focused on driving client growth. We're at the forefront of innovation, enabling the future for our clients through technology like the New Payments Platform (NPP) and Open Banking. We are an unlisted public company and one of five licensed banks in Australia with full direct connectivity and production capability across all domestic payment systems. Our B2B model focuses on enabling other banks, fintechs, and corporates to deliver innovative and competitive payment and digital solutions to their clients and customers. We are looking for a Credit Risk Manager. Reporting into the Head of Credit Risk, the main responsibility of this role is to aid in the management of Cuscal's credit risk in accordance with prudential standards and Board policy to minimize the potential for loss. The Credit Risk Manager will conduct monitoring and management of Cuscal's credit risk on a portfolio of counterparty exposures. This includes the preparation and process of applications from financial institutions and other potential borrowers/counterparties for approval by carrying out necessary credit, liquidity, and other assessments in line with the documented procedures. Responsibilities Credit Risk Management Management of credit risk on a selected portfolio of ADIs and corporate exposures. Ongoing monitoring of counterparties' credit and liquidity worthiness and their latest developments via all available means such as periodic financial updates and covenant, limit excess, or watch list reporting. Identification of emerging credit/counterparty risks and providing these results, including the completion of sector papers as required, to key internal stakeholders for consideration. Credit Evaluation & Decision Making Preparation and processing of detailed credit submissions for all committed and uncommitted facility applications and annual reviews on designated counterparties for approval by delegated authorities in accordance with Cuscal's policies. Provision of timely credit decisions for all permanent and transactional credit requests as per delegated authorities. Provide insights and recommendations for ongoing improvement to existing credit risk-related policies and procedures and their implementation. Client & Stakeholder Engagement Where applicable, meet with new and prospective clients for credit risk-related matters. Providing information, training, advice, and tools to the first line of defense to assist them in identifying, managing, and monitoring risks. Assist with completing credit risk-related remediation actions. Reporting Maintain complete and accurate counterparty records in all risk management systems and databases on the designated portfolio. Assist in the preparation of reports for submission to ALCO and the Board Risk Committee and any other committees as required. What you'll be responsible for Risk Monitoring: Monitor risk levels and report potential risks to senior management and other stakeholders. Risk Management Policies and Procedures: Develop and implement risk management policies and procedures to identify, assess, and mitigate potential risks to the organization. Risk Identification and Assessment: Conduct risk assessments to identify and evaluate potential risks, and develop strategies to manage and mitigate these risks. Skills you'll need Collaboration: Works with others by being open, clear in communication, and listening to achieve goals. Critical thinking: Identifies and synthesizes patterns and trends amongst various sources of information to reach a meaningful conclusion, perspective, or insight. Attention to detail: Accurately identifies and rectifies discrepancies or errors that exist in information and deliverables. #J-18808-Ljbffr