Credit Risk Model Validation Manager (12-Month)

Westpac; Sydney; On-site; AUD 120,000 - 180,000; Full time

Benefits offered by this job

Flexible work arrangements

Learning and development opportunities

Community volunteering initiatives

Job summary

Westpac is seeking a Manager to join Model Risk on a 12-month parental leave cover. You will provide independent oversight across credit risk models including AIRB, scorecards, provisioning and stress testing, and supervise validation activities.

The role offers exposure to markets, treasury and risk disciplines and opportunities for career progression within a growing team. Based in Sydney, Melbourne, Brisbane or Adelaide, the position emphasizes strong technical skills in SAS, R, Python and

Qualifications

• Extensive experience in credit risk modelling or model validation.
• Knowledge of APRA, Basel and IFRS9 requirements.
• Strong quantitative skills with SAS, R, Python, SQL and Excel.
• Clear written and verbal communication; ability to explain complex issues to stakeholders.
• Ability to manage validation activities and support team members.

Responsibilities

• Provide independent oversight of retail and non-retail credit risk models.
• Assess model methodology, application, data and documentation.
• Lead validation activities and communicate findings to key stakeholders.
• Collaborate with markets, treasury and risk to address regulatory requirements.

Skills

Credit risk modelling

Independent model validation

IRB knowledge

Provisioning scorecards

Quantitative analysis

Tools

SAS

R

Python

SQL

Excel

Job description

Westpac is seeking a Manager to join Model Risk on a 12-month parental leave cover. You will provide independent oversight across credit risk models including AIRB, scorecards, provisioning and stress testing, and supervise validation activities.

The role offers exposure to markets, treasury and risk disciplines and opportunities for career progression within a growing team. Based in Sydney, Melbourne, Brisbane or Adelaide, the position emphasizes strong technical skills in SAS, R, Python and