Senior Analyst, Quantitative Modelling

Join to apply for the Senior Analyst, Quantitative Modelling role at BOQ Group

Join to apply for the Senior Analyst, Quantitative Modelling role at BOQ Group

About The Role

We're looking for a Senior Analyst to join our Quantitative Modelling team, part of the Market Risk, Credit Models & Insights function within Group Risk.

About The Role

We're looking for a Senior Analyst to join our Quantitative Modelling team, part of the Market Risk, Credit Models & Insights function within Group Risk.

In this role, you'll be at the forefront of developing and enhancing credit risk models that support strategic decision-making across the bank. You'll lead the design, implementation, and monitoring of application scorecards, behavioural models, and rating models across both retail and non-retail portfolios.

You'll work cross-functionally with business units, regulators, and industry bodies, contributing to model governance, regulatory submissions, and audit readiness. You'll also play a key role in mentoring junior analysts and shaping our modelling strategy, while leveraging a modern cloud-based analytics platform (Databricks) to deliver scalable, high-impact solutions. This is a unique opportunity to apply your technical expertise in a collaborative, forward-thinking environment that values innovation and continuous improvement.

Key Responsibilities

• Lead the development, validation, and monitoring of credit risk models (PD, LGD, EAD, scorecards, and rating models)
• Ensure models meet regulatory and internal governance standards (e.g. IFRS9, Basel, APRA)
• Collaborate with stakeholders across risk, finance, and business units to embed models into decision-making processes
• Build and maintain automated tools and dashboards for model performance tracking and reporting
• Contribute to regulatory submissions and respond to audit and assurance reviews
• Mentor junior team members and support knowledge sharing across the team
  
  

About You

You're an experienced credit risk modeller with a strong track record in developing, validating, or monitoring models across retail and non-retail portfolios. You bring:

• Deep understanding of credit risk modelling techniques and regulatory frameworks (IFRS9, Basel, APRA)
• Proficiency in R, SAS, Python, SQL, and Excel
• Strong communication skills, with the ability to explain complex technical concepts to both technical and non-technical audiences
• Intermediate to advanced data visualisation (R, Python or Power BI) and story-telling skills
• A bachelor or postgraduate degree in a quantitative discipline (e.g. Data Science, Econometrics, Actuarial Science, Engineering)
• A passion for mentoring others and driving innovation in risk analytics
• Enthusiasm for modernising modelling workflows by building and migrating tools/processes to a cloud-based analytics platform (Databricks), with a focus on scalability, efficiency, and collaborative development
• Experience with Power BI, Azure DevOps, or other cloud-based analytics platforms
  
  

About Us

BOQ Group is a truly unique group of challenger brands with a purpose – to provide a genuine alternative to Australian financial services for customers and employees.

Our family of brands (Bank of Queensland (BOQ), ME Bank, Virgin Money Australia, BOQ Specialist), each come with their own defined customer audience and brand personality, but share one goal – to build social capital through banking. That's creating trust with customers, exploring staff potential and believing that tiny gestures and big ideas can change the world for communities.

BOQ Group's inclusive vision is to foster a workspace that values and leverages difference and creates new possibilities, a place where our people feel confident to bring their best selves to work every day. We embrace difference and believe that our workforce should reflect the customers and communities that we serve.

Since 2021, BOQ Group is recognised as an Employer of Choice for Gender Equality by the Workplace Gender Equality Agency (WGEA).

In 2023, we successfully implemented an innovative Reconciliation Plan, driving positive change and promoting inclusivity across BOQ Group.

Our Benefits

At BOQ Group, we are passionate about creating an exceptional work environment that nurtures both your professional and personal growth. Our comprehensive benefits package is designed to enhance your well-being, provide financial security, and foster a sense of community and inclusion. Here are just some of the fantastic perks you can enjoy as part of our team:

• Flexible working arrangement - Balance your work and personal life with ease.
• Discounted financial products - Enjoy exclusive rates on our financial services across the Group.
• Salary sacrificing options - Maximise your take-home pay with our salary packaging options.
• Paid parental leave with no minimum requirements - Spend quality time with your new family member without any worries.
• Purchase additional annual leave - Need more time off? You can buy extra leave days.
• Discounted private health insurance plan - Take care of your health with our special rates.
• Employee Assistance Program (EAP) - Access confidential support for personal and professional challenges for you and your family
• Access to employee network groups - Connect with peers through our First Nations Reconciliation, LGBTQIA+, Multicultural, Gender, Early Careers, and accessibility groups.
• Pride in Diversity membership: We are proud members of Pride in Diversity and actively participate in the Australian Workplace Equality Index.
  
  

We are committed to creating a workplace where everyone feels valued and supported. Join us and be part of a company that truly cares about its people and community

How To Apply

To apply for this role at #boqgroup #grouprisk, follow the links or apply via our Careers Page.

BOQ Group is committed to diversity and an inclusive workforce. Aboriginal and Torres Strait Islander People are encouraged to apply.

We celebrate, value and include people of all backgrounds, gender and expressions, sexualities, cultures, bodies and abilities. When you apply, you are welcome to tell us the pronouns you use and please let us know any reasonable adjustments you may need during the interview process.

If you are successful for a role with BOQ Group, it is a condition of employment that background screening is completed to ensure that the Bank complies with its obligations under the Anti-Money Laundering and Counter Terrorism Financing Act. These checks may include, but are not limited to: identity, verification, reference checks, criminal background checks, immigration checks, verification of academic qualifications, bankruptcy checks.

Please no agency applications.Seniority level

• Seniority levelMid-Senior level

Employment type

• Employment typeFull-time

Job function

• Job functionResearch, Finance, and Analyst
• IndustriesBanking, Financial Services, and Business Consulting and Services

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