• Great career development opportunity
• Attractive remuneration commensurate with experience
• Located in the Sydney CBD

We’re NAB

Today, we have more than 35,000 people serving 10 million customers at more than 800 locations in Australia, New Zealand and around the world. We know that to be Australia and New Zealand’s most respected bank, we need to be more than good with money. We need to be just as good with people, too.

We strive to embrace diversity of thought, style and working arrangements to ensure our workforce is representative of the community that we serve. We believe in people with ideas and dreams, and we want you to achieve your aspirations. At NAB we work together to deliver exceptional outcomes that push the limits of expectations. Our passion about creating value and exceeding our customers' expectations means we're constantly striving to redefine our standards of excellence.

As a bank we are in the business of taking the right risks, with the right controls for the right returns. The Strategic Business Services (SBS) function plays a significant role in ensuring NAB is regarded as Australia and New Zealand’s most respected bank, through the way they treat our business, Agri, Health, Private and corporate customers in times of need.

What is the role all about?

An exciting opportunity has arisen for a Senior Associate within SBS. This role is primarily responsible for controlling credit and collection functions and developing policies to ensure that an acceptable level of risk is maintained and losses are kept to a minimum. Further to this you will be responsible for the management of complex categorised (distressed) Business & Personal Banking accounts. Management of a categorised account requires personal engagement with customers to assess, develop, implement and drive turnaround and recovery strategies, manage capital, minimise losses and protect the Bank’s brand. Action plans may require you to assess and, where appropriate, approve new lending.

Further duties include but are not limited to:

• Assess submissions and make recommendations in respect of requests for increased lending received from customers managed by the Global Heads of Specialised Business Services, all of which will be of significant value, complex and risk of substantial loss is ubiquitous
• Assess lending requests that emanate from categorised asset files which are distressed and where there is a real reputational risk and / or significant loss to the Group
• Prepare and articulate strategies on Customer files for approval
• Interaction with Executive General Manager, Risk Management, General Manager, Group Credit Bureau and other Group executive Management to focus on asset quality issues.
• Direct customer interface to successfully implement strategies including engagement of Stakeholders when required

Your skills and experience

This position will appeal to highly motivated and technically proficient risk management specialists. You will need to demonstrate proven decision making and team building capability together with an ability to think strategically and demonstrate a broad-based view of issues, events and activities.

The successful candidate must be a strong communicator/have strong communication skills (both verbal and written) with the ability to manage and prioritise tasks for a variety of stakeholder groups, for example the NAB Legal team, Business, Agri and Private Bank Managers and Associates. Ideally the successful candidate will have at least one of the following:

• A formal tertiary qualification in the areas of accounting, economics, commerce, law or another business discipline.
• Experience with business bank products and securities, loan applications and/or credit risk assessment and analysis
• Experience using bank systems including Siebel, eCRS and eBOBs

In addition, the following skills/experience would be highly regarded:

• Working knowledge of insolvency and/or corporations law
• Strong IT skills including Excel
• Experience in finance, accounting or management position in a business environment

Your ability to challenge conventional norms and aid in the development of innovative solutions will be key in your ultimate success. Prior strong practical experience in a Credit Risk environment will be highly regarded.

Benefits

This role will provide opportunity to further develop and enhance risk awareness and insight and will provide a great opportunity to further your career within the Risk division, Business Bank or the wider NAB Group.

At NAB, we provide access to a large number of exclusive employee benefits that will support you both personally and professionally. These include volunteer leave, education and learning benefits and banking & financial services discounts for example. Visit our benefits page for more information http://www.nab.com.au/about-us/careers/working-at-nab/benefits

How to apply

If you are ready to take the next step in your career, we are keen to hear from you!

Please note, candidate screening and interviews may take place prior to the advertised close date.

To be eligible to apply, you must have Australian or New Zealand citizenship or permanent residency status. Please apply via the link.

This is a role that will give you a unique development opportunity in risk management with a terrific platform to further enhance your career prospects and go to the next level. Ready for your next leap? Apply now.

At NAB we support workplace flexibility. Have a chat to us about how this can work for you…

Advertised: 26 Oct 2018 12:00 AM AUS Eastern Daylight Time

Applications close: 09 Nov 2018 11:55 PM AUS Eastern Daylight Time