Model Validation Analyst

2 months ago


Brisbane, Australia Bank of Queensland Full time

**About the Role**
Here at BOQ Group we have been busy working behind the scenes building out our fastest-growing team - Group Risk - for an exciting and digital future-state

We are strengthening, simplifying, digitising, and optimising, whilst ensuring our foundations are in place. With foundation comes strength, and we are building strong and stable teams to work across our multi-branded business but most importantly, elevating our Risk culture - there is so much opportunity to contribute to the overarching frameworks and be paramount in supporting our transformation into a digital bank.

Our fabulous Model Validation team sits within our Market Risk, Credit Models & Insights group and are responsible for managing model risk and performing model validation activities. The types of models will range from market risk and valuation models, prescribed regulatory calculators, forecasting models and statistical credit risk models. You’ll get involved with defining priority models for validation, pipeline management and of course, overseeing model materiality assessments.

We maintain a Model Integrity Policy and therefore in these roles, you’ll be responsible for ensuring models are validated in accordance with the policy requirements and model validation frameworks align to the policy requirements.

**About you**
As a passionate risk analyst professional, you will join us with exposure to the analytical model validation landscape. We operate in a highly regulated, fast-paced environment, so we are seeking a strategic, quantitative thinker who can problem-solve on the fly. Collaboration and partnership come naturally to you, and you aren’t afraid to roll up your sleeves and get stuck in, participating, and promoting cooperative working relationships across the organisation, whilst leaving your mark.

As an outcome-driven professional, you enjoy proactively communicating with the business to understand and reach their vision - yes, you get the numbers, but you can also translate that into business outcomes.

If you have experience in market risk, balance sheet management, Treasury risk management, liquidity, capital or credit risk modelling we want to hear from you You may also have a strong ability to coordinate, communicate and integrate enterprise-wide programs from the ground up, taking accountability for their overall success.

**About Us**
Bank of Queensland 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 the BOQ group.

**Our Perks**
- Flexible working arrangements
- Discounted financial products
- Salary sacrificing options
- Paid parental leave with no minimum
- Paid volunteer days
- Purchase annual leave
- Discounted private health insurance plan
- Employee Assistance Program (EAP)
- Access to employee network groups focused on First Nations Reconciliation, LGBTQIA+, Multicultural, Gender, Early Careers and accessibility
- BOQ Group is a member of Pride in Diversity and a participating organisation in the Australian Workplace Equality Index

**How to Apply**

The Bank of Queensland 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 the Bank of Queensland, 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



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