Manager, Credit Model Risk

5 days ago


Sydney, Australia Westpac Group Full time

Critical role providing insight, oversight and control in relation to retail and non-retail credit risk models
- 12 month opportunity
- Hybrid working model, minimum 50% days per week in office

**How will I help?**
- As a Credit Risk Model Validation Manager, you will work in an independent validation team with an enterprise-wide impact. This role sits within the Model Risk team and provides oversight, insight and control to retail and non-retail credit risk models. _

**Some of the key accountabilities are**:

- _Working in a team that provides insight, oversight and control in relation to retail and non-retail credit risk models, including A-IRB (PD/EAD/LGD), scorecards, provisioning and stress testing. _
- _Producing clear, concise, and insightful independent assessment reports and socialise the results to key stakeholders. _

**What’s in it for me?**

You’ll play a significant part of the future of a business that has been around for over 200 years. Our purpose is to create better futures together. So, we’ll back you in the development of your career, internal career prospects, and flexible working. You’ll also keep learning to grow your career, backed by a fantastic team of people with a can-do, supportive structure. Whatever shape your family takes, we offer generous paid and unpaid parental leave for your nominated primary and support carers. This includes leave to organise adoptions, surrogacy, and foster care arrangements. And we continue to pay your super contributions while you take all the time you need to get your new family settled.

**What do I need?**
- You will have relevant experience in a similar role and be an experienced mathematical, statistical modeller with a proven background in retail and/or non-retail credit risk modelling or model validation covering Internal Ratings Based (IRB), provisioning and scorecard models. Tertiary qualifications in actuarial, mathematics, statistics, econometrics, or other related quantitative discipline will help you succeed. _
- You will be a great problem-solver, with a proven ability to deliver the best possible results for the organisation, showing determination, resourcefulness, and a sense of purpose in achieving this as well as have advanced knowledge of SAS, R, Python, SQL, and Excel in data analytics, modelling and visualisation. _
- Your demonstrated experience in stakeholder management and ability to communicate with influence coupled with excellent written and interpersonal communication skills, particularly the ability to explain complicated issues in an efficient and effective manner, will see you succeed in this role. Experience with AI/ML and stress testing modelling will be advantageous. _

**What’s it like to work there?**

We are a collaborative team of passionate people with a shared ambition to make a difference for our customers, our communities and each other. At Westpac, making a difference means creating impact, unlocking our own and each other’s passions, and transformative success stories to create better futures together.

As well as competitive remuneration and a great culture, joining the Westpac family gives you access to a wide range of employee benefits to help you manage your priorities - whether that means family life, work/life balance, ambition to grow or all the little perks in between.

We’ll empower you to shape your career path. Through personalised upskilling, mentoring, and training opportunities, you’re in control of where you start and how you’ll grow.

As an equal opportunity employer, we are proud to have created a culture and work environment that values diversity and flexibility - and champions inclusion.

Hear from some of our people and their experiences working with us.

**How do I apply?**

Start here. Just click on the **APPLY **or **APPLY NOW **button.

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