Interest Rate Risk Analyst

**About the Role**
The purpose of this role is to develop and implement models used to make decisions about risk management, investments and pricing opportunities for the Interest Rate Risk team within Treasury. The role requires strong analytical skills, attention to detail and will assist the development of structured data sets, reporting and documentation of process/controls.

Key Accountabilities
- The development, maintenance and documentation of multiple models that support the decision making process within Treasury. This includes analysing financial data, market trends and economic indicators to provide insights on interest rate risk, funding risk and liquidity risk.
- Development of data analytics tools to help forecast capital, low-cost deposits and behavioral analysis of the bank’s balance sheet.
- Assist the development of stress testing across the Treasury team as it relates to interest rate and liquidity risk.
- Development of economic models for interest rate risk to identify opportunities to improve trading and hedging within these books.
- Working closely with all members within the immediate department to create a harmonious environment.
- Engage and build constructive relationships across other business units within the bank such as Finance, Product and Risk.
- Understanding of the key BAU tasks within each area of Treasury.

**About you**

**Qualifications**:

- Tertiary qualifications in mathematics, statistics, actuarial sciences, economics, physics or engineering. Tertiary qualifications in IT and Finance are also advantageous.

Experience
- 2+ years in mathematical/statistical modelling. 2+ years in relevant programming languages (VBA, SQL etc)
- Experience from a financial institution is desirable.

Knowledge & Competencies
- Familiarity of financial markets instruments (Interest Rates, Fixed Income, Cash, Collateral, FX, Funding Markets).
- Proficiency in programming languages such as VBA and SQL.
- Strong attention to detail with the ability to work independently and part of a team.
- Familiarity with the current Australian banking regulatory environment - such as liquidity, interest rate risk in the banking book.
- Strong analytical skills and problem solving ability.

**About Us**
BOQ is one of Australia’s leading regional banks and provides a genuine alternative for Australian financial services customers and employees. Our purpose is to create prosperity for our customers, shareholders and people through empathy, integrity and by making a difference. Our ambition is to be known as the bold challenger bank; with multi-brands that are digitally enabled with a personal touch.

BOQ is passionate about providing opportunities for you to develop your career as we continuously adapt and deliver in a transformational and collaborative environment with a strong focus on community.

BOQ’s Inclusion 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).

**Our Benefits**
- 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)
- 5 employee diversity network groups focusing on: First Nations Reconciliation Council, Proudly ME (LGBTIQA+), Multicultural, Gender and Early Career
- 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.

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.

Job Reference: BOQ02537