Associate Director, Credit Validation (IRB/IFRS9)

NAB; Canberra; On-site; AUD 180,000 - 250,000; Full time

Benefits offered by this job

Enhanced leave options

Wellbeing support

NAB Perks

Career development opportunities

Job summary

NAB is seeking an Associate Director to join the Risk Frameworks, Execution and Models Team in Australia. You will lead independent validation of IRB, IFRS9 and credit decisioning models, ensuring sound rating philosophies, data quality and performance testing across economic conditions.

You’ll oversee validation across the credit life cycle, provide credible challenge and influence capital usage and monitoring outcomes.

Qualifications

• Experience in banking/financial services, model development/validation.
• Strong statistical and economic modelling skills.
• Proficiency in Python and SAS.

Responsibilities

• Lead independent validation of IRB, IFRS9 and credit decisioning models.
• Assess conceptual soundness of rating philosophies, data quality, calibration and performance testing.
• Oversee validation of model performance through the credit life cycle and RWA overlays.
• Provide credible challenge where outcomes diverge from expectations and risk appetite.
• Ensure validation conclusions influence capital usage, frameworks and monitoring.

Skills

Banking experience

Model validation

Statistical modelling

Econometric modelling

Credit risk

Stakeholder engagement

Written communication

AI tools

Tools

Python

SAS

Job description

NAB is seeking an Associate Director to join the Risk Frameworks, Execution and Models Team in Australia. You will lead independent validation of IRB, IFRS9 and credit decisioning models, ensuring sound rating philosophies, data quality and performance testing across economic conditions.

You’ll oversee validation across the credit life cycle, provide credible challenge and influence capital usage and monitoring outcomes.