Head of Financial Risk (Credit, Market & Liquidity)
Cuscal
Full-time
On-site
Sydney New South Wales Australia
Company Description
Empower Australia’s Payments Future with Cuscal
At Cuscal, your skills drive change and make a real impact. Whether you’re supporting our clients’ customers in our Fraud Operations Contact Centre or delivering innovative solutions in Product Delivery, your contribution helps shape the payments industry’s future.
Join a team that values collaboration, innovation and excellence. With a focus on professional growth and flexibility, Cuscal is where you can thrive.
Forward with Cuscal.
We are looking for a Head of Financial Risk with a remit of Credit, Market & Liquidity Risk, to join our Group Risk & Compliance function.
The Head of Financial Risk is accountable for ensuring the effective governance and management of material financial risk classes including credit, market, liquidity and capital risk management. This includes leading the strategic development, implementation and ongoing delivery of Cuscal’s Financial Risk Management Strategies and associated frameworks. In doing so, this will enable the effective management of risk to support the achievement of corporate objectives and to ensure compliance with legal and regulatory obligations.
You’ll also make an impact by:
Effective oversight of the level of risk in the institution and its relationship to the risk appetite, and any necessary reporting and escalation to the Board or its committees.
Providing effective challenge as part of participation in the decision-making process, ensuring that material decisions are risk based, and risk frameworks support effective decision making.
Contribute subject matter expertise to support financial risk appetite settings and independent review and challenge of financial risk assessments and effectiveness of the control environments to support effective management of the risks.
Financial Risk reporting is fit for purpose, produced in a timely manner, supports risk monitoring and key insights. Related data quality controls are embedded and effective.
Reporting to the Chief Risk Officer, the Head of Financial Risk is a key member of the Group Risk and Compliance Leadership Team.
This role contributes to shaping the vision and strategy of the Group Risk function and plays an active part in fostering a culture of strong employee engagement, enhanced productivity and efficiency, excellent client and customer service, high employee retention, and a proactive approach to risk management
What you’ll bring
You’re an analytical thinker with an inquisitive nature; you have excellent communications skills and a passion for risk. You thrive in a fast-paced environment and are driven to contribute to a dynamic team.
To succeed in this role, you’ll have the following experience:
Tertiary qualification in a related discipline (e.g., finance, commerce, business, audit)
Demonstrated experience in financial risk related roles in the financial services sector, including the design and implementation of effective risk management frameworks, and a sound knowledge of APRA prudential standards.
Demonstrated experience in building risk maturity and capability across the first and second lines of defence.
Strong change management, project management and time management skills with the ability to manage projects from initiation through to completion across multiple projects whilst meeting deadlines and managing a high-volume workload of often-changing priorities.
Ability to work with a high degree of autonomy and be able to demonstrate sound judgment.
Strong leadership and management skills
Risk management strategy and transformation
Proven experience of providing proactive risk management including in commercial dealings and other matters at Board, Executive and senior management level.
And the following technical skills:
Understanding of credit and treasury procedures and management systems.
Experience with loan and settlement product security documentation.
Sound knowledge of balance sheet risk management and accounting practices.
Good understanding of Treasury and institutional/wholesale credit risk management.
Proficiency in financial risk models (e.g., VaR, ECL, ALM models) and familiarity with risk data aggregation and reporting tools
Understanding of capital adequacy frameworks (e.g., ICAAP, Basel III)
Knowledge of liquidity risk metrics (e.g., LCR, NSFR) and funding strategies
Experience supporting Treasury or ALCO functions
Why Cuscal?
At Cuscal, you’ll find a strong, successful company that’s reimagining the future. And our team is right there at the heart of it all.
Here, you’ll deliver or support interesting, ground-breaking work that has real impact - on Australia’s financial services sector and the millions of customers it serves.
You’ll innovate alongside skilled, smart, connected teams.
And you’ll build an impressive, fulfilling career that continues to grow.
You’ll also enjoy a range of benefits, including:
Insert benefit relevant to this audience, e.g., Recognition and growth: Celebrate achievements through IGNITE and grow with tailored development opportunities.
Insert benefit relevant to this audience, e.g., Diversity and inclusion: Join a workplace that values different perspectives and flexible work arrangements.
Join us and reimagine the future
Ready to make an impact? Click APPLY to join Cuscal’s Procurement and Vendor Management team today.
If you’re excited about this opportunity, we’d love to explore how you can contribute to our vision for the future. Screening and interviews may occur before the job ad closing date, so don’t wait - apply now.
Cuscal is an equal opportunity employer committed to an equitable, diverse, and socially inclusive work environment and a positive, barrier-free recruitment process.
We welcome applicants from an Aboriginal and Torres Strait Islander heritage, people living with a disability, LGBTQIA+ and people from culturally diverse backgrounds to explore career opportunities with Cuscal.
Note: Cuscal does not accept unsolicited resumes from recruitment agencies or search firms.
Empower Australia’s Payments Future with Cuscal
At Cuscal, your skills drive change and make a real impact. Whether you’re supporting our clients’ customers in our Fraud Operations Contact Centre or delivering innovative solutions in Product Delivery, your contribution helps shape the payments industry’s future.
Join a team that values collaboration, innovation and excellence. With a focus on professional growth and flexibility, Cuscal is where you can thrive.
Forward with Cuscal.
We are looking for a Head of Financial Risk with a remit of Credit, Market & Liquidity Risk, to join our Group Risk & Compliance function.
The Head of Financial Risk is accountable for ensuring the effective governance and management of material financial risk classes including credit, market, liquidity and capital risk management. This includes leading the strategic development, implementation and ongoing delivery of Cuscal’s Financial Risk Management Strategies and associated frameworks. In doing so, this will enable the effective management of risk to support the achievement of corporate objectives and to ensure compliance with legal and regulatory obligations.
You’ll also make an impact by:
Effective oversight of the level of risk in the institution and its relationship to the risk appetite, and any necessary reporting and escalation to the Board or its committees.
Providing effective challenge as part of participation in the decision-making process, ensuring that material decisions are risk based, and risk frameworks support effective decision making.
Contribute subject matter expertise to support financial risk appetite settings and independent review and challenge of financial risk assessments and effectiveness of the control environments to support effective management of the risks.
Financial Risk reporting is fit for purpose, produced in a timely manner, supports risk monitoring and key insights. Related data quality controls are embedded and effective.
Reporting to the Chief Risk Officer, the Head of Financial Risk is a key member of the Group Risk and Compliance Leadership Team.
This role contributes to shaping the vision and strategy of the Group Risk function and plays an active part in fostering a culture of strong employee engagement, enhanced productivity and efficiency, excellent client and customer service, high employee retention, and a proactive approach to risk management
What you’ll bring
You’re an analytical thinker with an inquisitive nature; you have excellent communications skills and a passion for risk. You thrive in a fast-paced environment and are driven to contribute to a dynamic team.
To succeed in this role, you’ll have the following experience:
Tertiary qualification in a related discipline (e.g., finance, commerce, business, audit)
Demonstrated experience in financial risk related roles in the financial services sector, including the design and implementation of effective risk management frameworks, and a sound knowledge of APRA prudential standards.
Demonstrated experience in building risk maturity and capability across the first and second lines of defence.
Strong change management, project management and time management skills with the ability to manage projects from initiation through to completion across multiple projects whilst meeting deadlines and managing a high-volume workload of often-changing priorities.
Ability to work with a high degree of autonomy and be able to demonstrate sound judgment.
Strong leadership and management skills
Risk management strategy and transformation
Proven experience of providing proactive risk management including in commercial dealings and other matters at Board, Executive and senior management level.
And the following technical skills:
Understanding of credit and treasury procedures and management systems.
Experience with loan and settlement product security documentation.
Sound knowledge of balance sheet risk management and accounting practices.
Good understanding of Treasury and institutional/wholesale credit risk management.
Proficiency in financial risk models (e.g., VaR, ECL, ALM models) and familiarity with risk data aggregation and reporting tools
Understanding of capital adequacy frameworks (e.g., ICAAP, Basel III)
Knowledge of liquidity risk metrics (e.g., LCR, NSFR) and funding strategies
Experience supporting Treasury or ALCO functions
Why Cuscal?
At Cuscal, you’ll find a strong, successful company that’s reimagining the future. And our team is right there at the heart of it all.
Here, you’ll deliver or support interesting, ground-breaking work that has real impact - on Australia’s financial services sector and the millions of customers it serves.
You’ll innovate alongside skilled, smart, connected teams.
And you’ll build an impressive, fulfilling career that continues to grow.
You’ll also enjoy a range of benefits, including:
Insert benefit relevant to this audience, e.g., Recognition and growth: Celebrate achievements through IGNITE and grow with tailored development opportunities.
Insert benefit relevant to this audience, e.g., Diversity and inclusion: Join a workplace that values different perspectives and flexible work arrangements.
Join us and reimagine the future
Ready to make an impact? Click APPLY to join Cuscal’s Procurement and Vendor Management team today.
If you’re excited about this opportunity, we’d love to explore how you can contribute to our vision for the future. Screening and interviews may occur before the job ad closing date, so don’t wait - apply now.
Cuscal is an equal opportunity employer committed to an equitable, diverse, and socially inclusive work environment and a positive, barrier-free recruitment process.
We welcome applicants from an Aboriginal and Torres Strait Islander heritage, people living with a disability, LGBTQIA+ and people from culturally diverse backgrounds to explore career opportunities with Cuscal.
Note: Cuscal does not accept unsolicited resumes from recruitment agencies or search firms.