Lead, Financial Risk Modelling & Quantification

Reserve Bank of Australia; Sydney; Hybrid; AUD 150,000 - 210,000; Full time

Job summary

The Reserve Bank of Australia, based in Sydney, seeks a leader for the Financial Markets Portfolio Risk team. This full-time role in a hybrid environment will drive risk quantification uplift across models, data validation, and stress testing while coordinating with senior management and stakeholders.

Candidates should have strong quantitative skills, a deep understanding of financial markets, and experience in policy contexts and risk frameworks.

Qualifications

• Robust quantitative skills with familiarity with value-at-risk and/or expected shortfall modelling.
• Strong background in financial markets and policy context.
• Understanding of linkages between domestic and international market operations and balance sheet.
• Familiarity with risk and compliance management frameworks.
• Excellent influencing and communication skills; strong stakeholder engagement.
• Proven leadership, mentoring and collaboration abilities.

Responsibilities

• Review and uplift maturity of risk modelling tools, processes and controls.
• Extend risk models to support stress testing across scenarios.
• Develop longer-term plans for uplifting risk quantification capabilities.
• Coordinate monitoring and reporting of risk metrics to senior management.
• Liaise with stakeholders across the Bank on risk quantification issues.
• Conduct and oversee analysis of financial risks across the Bank’s portfolio.
• Contribute to leadership of FMPR and provide mentoring to analysts.

Skills

Quantitative analytics

Value-at-risk

Stakeholder engagement

Communication

Leadership

Influencing

Financial markets

Tools

R

Job description

The Reserve Bank of Australia, based in Sydney, seeks a leader for the Financial Markets Portfolio Risk team. This full-time role in a hybrid environment will drive risk quantification uplift across models, data validation, and stress testing while coordinating with senior management and stakeholders.

Candidates should have strong quantitative skills, a deep understanding of financial markets, and experience in policy contexts and risk frameworks.