Job Overview & Organization Mission

Define, review, and govern retail and commercial credit lending policies to safeguard portfolio credit quality across Bendigo and Adelaide Bank.

Bendigo and Adelaide Bank is seeking an experienced Senior Credit Policy & Portfolio Risk Manager to join our Group Risk team at The Bendigo Centre. You will formulate and refine lending policy frameworks, monitor macroeconomic risk indicators, evaluate credit concentration thresholds, and ensure continuous adherence to APRA APS 220 credit risk standards.

As a key member of the team at Bendigo and Adelaide Bank in Bendigo, VIC, you will play a central role in driving excellence, upholding top-tier Australian industry standards, and contributing directly to the strategic milestones of one of the nation’s premier employers.

Key Duties & Core Responsibilities

In this critical role, your operational duties and key performance responsibilities will encompass:

• Formulate and: Formulate and update residential mortgage and commercial credit lending policies and underwriting criteria.
• Conduct portfolio: Conduct portfolio stress testing and sensitivity analysis against interest rate shocks and property downturns.
• Evaluate credit: Evaluate credit policy exception trends and recommend calibrated adjustments to risk appetite limits.
• Prepare credit: Prepare credit risk reporting packs for the Executive Credit Committee and Board Risk Committee.
• Collaborate with: Collaborate with frontline distribution heads to balance prudent risk management with commercial lending growth.

Required Qualifications, Licenses & Experience

To be successful in this position at Bendigo and Adelaide Bank, candidates are expected to satisfy the following essential selection criteria:

• Mandatory Qualification: Degree in Commerce, Economics, Banking, or Finance.
• Relevant Experience: Minimum 6+ Years of verified industry experience in Australia or recognized overseas equivalence.
• 6+ years of credit policy, credit risk underwriting, or prudential compliance experience in an Australian ADI.
• In-depth knowledge of APRA Prudential Standards (APS 220, APS 112) and responsible lending laws.
• Demonstrated ability to translate macroeconomic and portfolio trends into clear policy directives.
• Strong stakeholder influence, written communication, and policy drafting capabilities.

Core Competencies & Key Technical Proficiencies

The successful applicant will possess demonstrated capabilities across the following domain skill sets:

Salary, Compensation & Employee Benefits

At Bendigo and Adelaide Bank, we understand that our people drive our achievements. An outstanding remuneration and wellbeing package is provided in line with Australian benchmarks:

• Competitive Remuneration: AU$140,000 – AU$170,000 per year + standard Australian Superannuation (11.5%).
• Attractive salary ($140,000 – $170,000) + performance bonus + relocation assistance if moving to Bendigo.
• Award-winning Bendigo Centre campus with regional lifestyle benefits and flexible hybrid work.
• Concessional banking products, discounted loans, and comprehensive family leave.
• Leave Entitlements: 4 weeks annual leave (with 17.5% annual leave loading where applicable) plus 10 days paid personal/carer’s leave.
• Flexible Work: Progressive work-life balance options with supportive corporate culture and leadership development pathways.

About the Employer: Bendigo and Adelaide Bank

Bendigo and Adelaide Bank delivers retail, business, and agribusiness banking services with a strong community focus.

Bendigo and Adelaide Bank is deeply committed to building diverse, equitable, and culturally inclusive work environments. We proudly celebrate diversity and welcome applications from all qualified individuals including First Nations Australians, people with disabilities, and candidates from culturally and linguistically diverse backgrounds.

Application Process & Next Steps

Applications for this position are currently open and being reviewed on a rolling basis. Suitable candidates are encouraged to apply as early as possible before the published closing date.

Please prepare an updated Curriculum Vitae (CV) and a tailored Cover Letter highlighting your relevant experience against the key selection criteria outlined above.

To proceed with your application, click the Apply on Employer Site button to access the official Bendigo and Adelaide Bank careers gateway.