Engineer - Market Risk

BT; Sydney; Hybrid; AUD 120,000 - 160,000; Full time

Benefits offered by this job

Flexible work arrangements

Tailored learning and development

Volunteer/community initiatives

Job summary

Westpac’s Market Risk team seeks an engineer to build AI-enabled tools and Java applications within the Market Risk Limits squad. The role offers end-to-end ownership from design to production support, with hands-on work in modern engineering and AI solutions for risk management.

You’ll gain exposure to market risk operations, trading tech, and regulatory change, while collaborating with Risk, Front Office, Technology, offshore and vendor teams to deliver robust solutions.

Qualifications

• Experience building AI-enabled tools and agents for investigations and testing.
• Development of Java applications with end-to-end delivery responsibilities.
• Exposure to market risk workflows, trading tech, and regulatory changes.
• Experience building data integrations, batch processes, and reporting.

Responsibilities

• Build AI-enabled tools and agents to automate investigations and testing.
• Develop and enhance Java-based applications from design to release.
• Gain hands-on exposure to Market Risk, trading platforms and regulatory change (FRTB/APS116).
• Build and support data integrations, feeds, batch processes and reporting.
• Own DevOps and deployment, including CI/CD and environment management.
• Provide production support and work with cross‑functional teams to deliver solutions.

Skills

AI tooling

Java applications

DevOps/CI‑CD

Data integrations

Market risk exposure

Tools

Control‑M

SSO

Job description

This is an exciting opportunity to join the Market Risk team without needing previous market risk domain knowledge, giving you the chance to build hands on experience in the space while working on modern engineering and AI solutions.

This Engineer sits in the Market Risk Limits squad within the Trusted Markets Release Train (FM DU), supporting the Financial Markets (FM) business with market risk capability across the market risk stack, including vendor products for limits management and reporting.

It’s a hands‑on engineering role for someone who enjoys solving complex problems and learning quickly, with end‑to‑end ownership across design, build, automated testing, release and production support.

AI engineering is a core part of how the squad works. You’ll build AI‑enabled tools and agents that improve how the team investigates issues, tests solutions, reconciles data and operates market risk technology.

You don’t need to be a market risk expert or an experienced AI agent builder. The team is looking for self‑starters and self‑learners who are comfortable picking things up by doing the work, while escalating material risks and key design decisions to the Delivery Lead / Domain Owner.

Key Responsibilities:

• Build AI‑enabled tools and agents to automate investigations, data quality checks, reconciliations and testing.
• Develop and enhance Java‑based applications, owning delivery from design and configuration through to release.
• Gain hands‑on exposure to Market Risk, trading platforms and regulatory change, including FRTB/APS116.
• Build and support data integrations, feeds, batch processes and reporting, using Control‑M, SSO and access controls.
• Own DevOps and deployment, including CI/CD, environment management, server/code builds and automated testing.
• Provide production support and troubleshooting, while working closely with Market Risk, Front Office, Technology and vendor teams to deliver solutions.

What do I need?

• Build AI‑enabled tools and agents to automate investigations, data quality checks, reconciliations and testing.
• Prototype new AI approaches and turn successful ideas into reliable, production‑ready solutions.
• Develop and enhance Java applications, covering design, configuration and end‑to‑end delivery of regulatory and product changes.
• Build experience across market risk and trading technology, including data integrations, feeds, batch processing and reporting.
• Own DevOps and deployment activities, including CI/CD, environment management, automated testing and production support.
• Work closely with Market Risk, Front Office, Technology, offshore and vendor teams to troubleshoot issues and deliver effective solutions.

We’re obsessed with becoming our customers’ #1 banking partner for life and we’re looking for people who are passionate about helping us achieve that goal. In return, we’re committed to making Westpac the best place to work in the country. Here are just a few of the ways we’re already doing that:

• Special offers on banking products and discounts from top brands, including generous employee only mortgage rates!
• Flexible work arrangements to help you achieve a greater work/life balance, and a variety of leave options including Culture, Lifestyle and Wellbeing leave.
• Tailored learning and development opportunities to help your grow your career within the bank.
• Lots of opportunities to ‘give back’ to the Community by getting involved in our many volunteering initiatives.

Create your future today

We’re all about creating a supportive and inclusive community. We welcome everyone no matter your age, gender, background, or abilities. We also provide additional support to welcome our veterans, Indigenous Australians and neurodiverse community. If you need any adjustments during the recruitment process, you can find out more information and additional contact details by visiting the People with Disability and/or needing Accessibility Requirements page on our website.