Product Manager - Lending

About us. A unique life requires a unique bank. Defence Bank is a member‑owned bank with a proud history of serving the Australian Defence community for over 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. Recognised as an Australian HR Awards 2026 Excellence Awardee for Employer of Choice and WINNER Best Workplace Flexibility Program, Defence Bank combines a strong people-first culture with a commitment to innovation. From flexible ways of working to the adoption of AI-powered tools such as Microsoft Copilot, we empower our people with the technology, support and autonomy they need to do their best work and continue delivering exceptional experiences for our members. It's not just our employees who think Defence Bank is one of Australia's best places to work. Job Description Shape the future of lending for Australia's Defence community At Defence Bank, our members are at the heart of everything we do. We're proud to support current and former Defence personnel and their families with banking products that help them achieve their goals and thrive financially. We're seeking an experienced Product Manager - Lending (Consumer Finance) to join us on a 12-month fixed-term contract . This is an exciting opportunity to lead our personal loans and credit card portfolio, influence strategic product decisions and deliver meaningful outcomes for our members and the business. Reporting to the Senior Product Manager - Lending, you'll be responsible for the end-to-end management of Defence Bank's consumer finance products, including personal loans and credit cards. You'll drive product performance, pricing, portfolio growth and product innovation while ensuring strong member outcomes and regulatory compliance. Working across a broad range of stakeholders including Risk, Credit, Marketing, Distribution, Operations, Finance and Technology, you'll play a key role in shaping lending propositions that are competitive, sustainable and aligned to our strategic priorities. Desired Skills and Experience What You'll Be Doing • Owning and managing our personal lending and credit card product portfolios • Developing and delivering product strategies, roadmaps and growth initiatives • Monitoring portfolio performance and identifying opportunities to improve profitability, member experience and market competitiveness • Developing pricing recommendations and business cases to support strategic decisions • Leading product enhancements, simplification initiatives and lifecycle management activities • Using market, member and performance insights to inform decision-making • Managing compliance obligations including DDO, Responsible Lending and other regulatory requirements • Identifying, managing and resolving product risk incidents and remediation actions in line with governance and regulatory expectations • Partnering with internal teams and external providers to deliver product outcomes • Acting as the subject matter expert for consumer finance across the organisation. What You'll Bring You'll bring a strong background in consumer lending product management and a genuine passion for creating products that deliver both commercial success and positive customer outcomes. You'll ideally have: • More than five years' experience in product management within financial services • Demonstrated success managing lending products and portfolios • Strong commercial acumen, including experience with pricing, portfolio performance and business case development • Sound understanding of lending-related regulatory frameworks, including Responsible Lending and Design & Distribution Obligations (DDO) • Highly developed analytical, stakeholder management and problem-solving skills • Experience leading cross-functional initiatives and influencing outcomes across multiple business areas • Tertiary qualifications in business, commerce, economics, marketing or a related discipline. Experience in credit policy, risk management, lending operations, product remediation or card products will be highly regarded. We count on you. And you can count on us. Why Defence Bank? At Defence Bank, you'll be part of a purpose-led organisation where your work genuinely contributes to better outcomes for our members, employees and community. We offer: • A supportive and collaborative culture. • Opportunities for ongoing learning and development. • Flexible working arrangements. • A values-driven organisation focused on making a difference for our members. • The opportunity to develop specialist expertise in a unique area of financial services. Interested? We'd like to hear from you. Click to apply. Defence Bank is committed to providing equal opportunities for employment and seek to have a team that reflects our diverse community. We encourage anyone interested in our role and a career at Defence Bank to apply. All successful candidates will be required to complete employment checks prior to an offer of employment. Whilst we value and appreciate the time and effort you made to apply for this position, only short-listed applicants with Australian Working Rights will be contacted to discuss their application. Applications will be reviewed as they are received, and the position may close at any time once a suitable candidate is identified. We encourage interested applicants to submit their applications promptly.