Manager, Credit Risk Modelling

JS Careers Pty; Sydney; On-site; AUD 180,000 - 260,000; Full time

Job summary

JS Careers Pty invites an experienced Credit Modelling professional to join our global financial services group in Sydney, leading the development and governance of Credit Loss Modelling. You will work with the Head of Credit Loss Modelling, manage senior stakeholders, ensure model governance, and collaborate with 2nd line, internal/external audit, and regulators.

The role requires advanced quantitative training and strong coding in R and Python, with 4+ years in financial services and excellent

Qualifications

• Advanced quantitative background with an advanced degree in math, stats, actuarial studies, engineering or CS.
• Extensive IRB model development, monitoring or validation with regulatory understanding.
• 4+ years in financial services with strong stakeholder management and communication.
• Proficiency in R and Python programming.

Responsibilities

• Lead development and maintenance of credit loss models.
• Drive delivery and strategic direction with Head of Credit Loss Modelling.
• Build governance framework for credit and CCR models.
• Engage with 2nd line, internal and external audit and regulators on governance matters.

Skills

Quantitative background

IRB model development

Model governance

Stakeholder management

Python

R

Communication skills

Education

Advanced degree in mathematics / statistics / actuarial / engineering / CS

Tools

Python

R

Job description

Join our Credit Modelling team as a key person in the team responsible for the Credit Risk Capital Models for the Organisation.

We are a global financial services group with a long track record of profitability. You're empowered to shape a career that is fulfilling and creates value. You will bring your insights and expertise to the task at hand and feel supported as you make your own kind of impact for a better future.

What role will you play?

In this role, you will be working closely with the Head of Credit Loss Modelling to drive delivery and shape the strategic direction of the Credit Loss Modelling team. You will be managing and engaging senior stakeholders across key projects and will lead the development and maintenance of Credit models. You will also be building out the framework and underlying components required for strong model governance, while effectively managing interactions with 2nd line, internal and external audit, and regulators on all matters related to the governance of Credit and CCR models.

What You Offer

Advanced quantitative background with strong technical expertise, supported by an advanced degree in fields such as mathematics, statistics, actuarial studies, engineering, or computer science

Extensive experience across IRB model development, monitoring and/or validation, with solid understanding of financial markets, regulatory requirements, and numerical/stochastic methods

4+ years' experience in financial services, ideally within investment banking or trading environments with strong stakeholder management and communication skills

Proficiency in programming, particularly in R and Python

Demonstrated tenacity, flexibility, and the ability to work autonomously or collaboratively while managing multiple priorities simultaneously