Treasurer

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Introduction:
About us.

A unique life requires a unique bank.

Defence Bank is a member-owned bank that has been proudly serving the Defence Community for 50 years. With 26 branches across Australia and our award-winning app, Defence Bank is where our members need us – anywhere, anytime.

The bank provides financial products and services to the Australian Defence Force and its unique community, reinvesting profits for the benefit of our members. We are a leader in our sector and our people led, technology enabled environment, celebrates the individual talents, personalities, interests and needs of our people.

Winner of the Best Reward & Recognition program 2024 and a finalist for Employer of Choice 2024, it is not only our employees who think our bank is truly one of the best places to work.

Description:
The Opportunity.

The Treasurer is a key strategic partner to the CFO and Executive Leadership team, providing leadership and stewardship of the Bank’s balance sheet to ensure financial resilience, sustainability and regulatory confidence.

The role holds enterprise‑level accountability for liquidity management, funding and borrowing strategies, the liquid investment portfolio, interest rate risk and capital position of the Bank. The Treasurer also supports the CFO in maintaining strong, credible relationships with key external stakeholders, including investors, credit rating agencies and APRA.

This is a senior leadership role combining strategic insight, strong governance and disciplined execution, with a clear focus on balance sheet optimisation, risk management and long‑term sustainability for the benefit of current and future members.

The role is preferably based in Melbourne, with Sydney, Brisbane or Adelaide applicants also considered.

Key responsibilities

Provide strategic leadership and oversight of the Bank’s balance sheet, including liquidity, funding, interest rate risk, capital and the investment portfolio, in line with risk appetite and regulatory expectations.
Develop and execute funding and capital strategies, including wholesale funding, securitisation programs and ICAAP, ensuring ongoing compliance with APRA requirements.
Provide insight and advice to the CFO and Asset, Liability and Liquidity Committee (ALLC) to support informed balance sheet and risk decisions.
Manage relationships with external stakeholders, including credit rating agencies, investors, funders and regulators, supporting the Bank’s credit rating and market access.
Oversee treasury execution and governance, including treasury transactions, settlement activities, securitisation vehicles, brokered deposits and treasury systems.
Ensure strong treasury controls, reporting, policies and operating discipline across all treasury activities.

Skills and Experiences:
About you.

You’re an experienced treasury leader with strong judgement, deep technical expertise and the ability to provide confident, strategic advice in a regulated banking environment. You balance risk discipline with commercial acumen and thrive partnering with senior leaders and external stakeholders.

You will bring:
10+ years’ experience in financial institution a treasury function, with proven experience in RMBS issuance and other wholesale funding structures.
Demonstrated accountability for balance sheet outcomes within a financial institution.
Experience supporting senior executives in engagements with regulators, investors and rating agencies.
Eligibility and capability to act as a Responsible Manager under the Bank’s AFSL (deal in a financial product).
Relevant tertiary qualification or industry accreditation.

You’ll also demonstrate:
Strong strategic thinking with the ability to translate complex balance sheet issues into clear advice and decisions.
Deep understanding of liquidity, capital, IRRBB and funding risk management.
Well‑developed governance and reporting capability, underpinned by strong data quality and controls.
A continuous improvement mindset, with experience improving systems, processes and efficiency.
Strong stakeholder influence and the credibility to operate at executive and Board‑adjacent levels.

We count on you. And you can count on us.

In joining our team, you'll get access to a great range of benefits including:

Flexible working options to support how and where you work best.
Savings and discounts across our range of products and services.
A work‑life‑fit program supporting flexibility and additional leave options to help you balance work and life commitments
Access to our internal reward and recognition platform, offering vouchers, discounts, e‑cards and more.
Access to ongoing professional development.

Interested? We'd like to hear from you. Click to apply.

Defence Bank is committed to equal opportunity employment and building a workforce that reflects our diverse community. All suitably qualified candidates are encouraged to apply.

All successful candidates will be required to complete pre‑employment checks.

Only shortlisted applicants with Australian working rights will be contacted