Credit Model Risk Manager (12-Month Leave Cover)

Westpac; Sydney; On-site; AUD 130,000 - 210,000; Full time

Benefits offered by this job

Flexible work arrangements

Culture, Lifestyle and Wellbeing leave

Job summary

Westpac is seeking a Manager in Model Risk for a 12-month parental leave cover. The role focuses on independent oversight of credit risk models, including IRB, provisioning scorecards, and related validation activities.

You will evaluate methodologies, data, code, and documentation and communicate findings to stakeholders. Based in Australia, the role covers retail and non-retail credit risk models, with opportunities to lead validation efforts and share expertise across markets and risk

Qualifications

• Strong experience in credit risk modelling or independent model validation, including IRB, provisioning scorecard models
• Advanced knowledge of credit risk, with an understanding of APRA prudential standards, Basel and IFRS9
• Strong quantitative and analytical capability, with experience using SAS, R, Python, SQL and Excel
• Clear written and verbal communication skills, including the ability to explain complex technical issues and influence stakeholders
• Strong problem solving and delivery skills, with the ability to manage validation activities and support others with technical work

Responsibilities

• Provide independent oversight and challenge across retail and non-retail credit risk models
• Assess model methodology, application, code, data and documentation
• Manage validation activities and share technical expertise with team members
• Turn complex findings into clear, insightful assessments for key stakeholders
• Support ongoing training and development within the Model Risk team

Skills

Credit risk modelling

Model validation

Quantitative analysis

Communication skills

Problem solving

Tools

SAS

R

Python

SQL

Excel

Job description

Westpac is seeking a Manager in Model Risk for a 12-month parental leave cover. The role focuses on independent oversight of credit risk models, including IRB, provisioning scorecards, and related validation activities.

You will evaluate methodologies, data, code, and documentation and communicate findings to stakeholders. Based in Australia, the role covers retail and non-retail credit risk models, with opportunities to lead validation efforts and share expertise across markets and risk