Manager - Quantitative Modelling

2 weeks ago


Lindfield, New South Wales, Australia Commonwealth Bank Full time

Join us as a Model Validation Analyst at Commonwealth Bank Group

The Markets Model Validation team focuses on providing independent model validation services for traded and non-traded market pricing and risk, liquidity risk, and counterparty credit risk within the Group. Their analysis and findings inform senior leadership, internal committees, and external communications with the regulator (APRA). They lead and conduct model validation aligned with internal policy, regulatory guidance, and industry best practices.

What you'll be doing:

Perform independent validation for models and tools related to fair valuation and internal models Ensure models use sound financial pricing methodologies and numerical techniques Represent the Model Risk Assurance team and liaise with other leaders Effectively communicate validation results and business implications Document validation reports thoroughly and challenge modeling results Evaluate model implementation challenges and business impact Contribute to strategic initiatives enhancing modeling frameworks and development efficiency

What we're looking for:

Experience in model development or validation, preferably in market risk modeling Qualifications in mathematics, statistics, econometrics, or related quantitative discipline Proficiency in R, Python, SQL, and handling complex datasets Strong time management and prioritization skills Familiarity with Basel regulatory standards and APRA regulations Excellent written and verbal communication skills

About working with us:

We encourage a blend of office and flexible remote work arrangements to support your work-life balance.

If you feel you meet these qualifications and are excited about this opportunity, we look forward to reviewing your application. Join our team at Commonwealth Bank Group and take the next step in your career.

We strive to provide an inclusive hiring process. If you require any assistance or accommodations, please reach out to our HR team directly.


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