Credit Strategy and Portfolio Manager

If you live in Australia or New Zealand, you’ve likely heard of AMP. But at a time when society is changing, we are too. We’re now a nimbler business with new leadership and thinking. 

For us, these are exciting times. There’s a real potential for big thinkers to help us redefine what financial services could be. And turn our legacy into something even more positive and powerful for the future.

Help people create their tomorrow, while you create yours

We help people with their banking, super, retirement and finances. Through upturns, downturns, recessions, and major life transitions. Every day, we help people see and make more of their financial potential, so that they can create their tomorrow. And we’ve been doing it for over 170 years. 

If we do our job well, we genuinely add to the prosperity of our country and its people. 

How you’ll make an impact

Business Finance is the commercial lending arm of AMP Bank, focused on building a specialist Professional Services Lending franchise.  Supporting the lifecycle capital needs of financial planners, mortgage brokers, accountants and other recurring revenue professional firms.

As Credit Strategy and Portfolio Manager, you'll shape the credit frameworks that enable AMP Bank's Business Finance portfolio to grow safely, sustainably and at scale. Owning the Line 1 credit engine, you'll drive credit strategy, policy, portfolio performance and risk discipline—ensuring consistent decision-making, early risk identification, and strong risk-adjusted returns while supporting complex structured lending opportunities.

You’ll make an impact by:

• Lead credit strategy and policy, translating risk appetite into practical frameworks that support scalable business growth.
• Strengthen underwriting excellence through clear standards, covenant frameworks, templates and guidance that improve decision quality and consistency.
• Own portfolio performance and oversight, monitoring risk trends, concentrations, arrears and emerging issues through effective reporting and early warning indicators.
• Manage complex structured credit exposures, including borrowing bases, cashflow waterfalls, covenant management and ongoing portfolio discipline.
• Enhance governance and decisioning, maintaining delegation frameworks, improving risk-based pricing and using portfolio insights to continuously refine origination standards.

What you will bring to the team

• Significant experience (8+ years) in commercial banking credit, portfolio risk or credit policy 
•  Demonstrated experience drafting or materially influencing credit policy and underwriting standards 
•  Strong background in portfolio monitoring, watchlist, covenant management and remediation 
•  Experience operating across Line 1 / Line 2 interfaces in regulated lending 
•  Strong understanding of SME cashflow lending and recurring revenue businesses 
•  Experience in professional services lending highly desirable 
•  Relevant tertiary qualifications in finance, economics, commerce or risk-related discipline desirable

You’ll thrive here if…

If you can adapt from BAU to the ambiguous with ease, you’ll do well here. Change is never easy, so bring your commitment, grit and growth mindset.

Because we run lean, you’ll be expected to jump in and deliver across a variety of areas. Meaning, you’ll be closer to the action and executive decisions that influence where we go next.

If you’re someone that can hold their own, you’ll find AMP quite liberating.

Why we think you’ll love working at AMP

Doing what we’ve always done is not an option, so your clever ideas will get airtime here. You’ll be encouraged to speak up and try new things. If they don’t work, we move on – better for it.

We know there’s no one way of doing things. So, you won’t have to sacrifice who you are or how you work to fit in here. We’re inclusive and flexible in many of the ways you’d expect. And in some of the ways you wouldn’t. As long as your health and wellbeing come first - at home and at work. 

In fact, most of what makes AMP such a welcoming, enjoyable place to work are our people. Wherever you go, you’ll find moments to connect, feel valued and do meaningful work. 

Whether it’s through our first-class leaders who are invested in you and your success. Through year-round opportunities to volunteer, fundraise and give back to the community. Or in the everyday challenges you face as we work together to strengthen this great organisation. Challenges that will stretch you, amplify your potential and compound the impact you have. 

We believe in the power of inclusion and diversity

We’re dedicated to fostering inclusion, diversity, and a warm feeling of belonging at AMP. It sparks creativity, ignites innovation, and turns up the dial on the quality of our decisions and performance. This not only makes our workplace more engaged but also leads to better connections with our customers. 

We're your allies in the search for the perfect fit - when you apply, let us know how we can support you to put your best self forward during our selection process. 

We're also committed to enhancing employment opportunities for Aboriginal and Torres Strait Islander people, so we enthusiastically encourage candidates from these backgrounds to apply and explore our Reconciliation Plan on our website.

Ready to create your tomorrow?

If you’re someone who sees opportunity where others see challenge, come and work with us in smart, progressive ways as we transform an iconic Australian brand for the future. And, through a series of career-defining moments, create your own tomorrow.

Don’t procrastinate! We review applications when we get them, and if we discover the ideal candidate, we may close the role earlier than the advertised close date.

Looking forward to meeting you.