Manager, Enterprise Models

Westpac Group; Sydney; On-site; AUD 180,000 - 240,000; Full time

Job summary

Westpac Group's Model Risk team seeks a senior professional to lead independent validations across enterprise models including capital, funding and liquidity, and risk areas in Sydney. The role is permanent and full-time, based in Sydney/Warrane, Gadigal Country.

You will guide junior team members, strengthen model risk practices, and contribute to governance around emerging AI applications in enterprise models while collaborating with business and risk stakeholders.

Qualifications

• Experience working in model validation or model development
• Strong programming skills: SAS, SQL, R or Python
• Ability to understand and interpret regulatory standards, financial statements and Pillar III reports
• Clear communication and stakeholder management skills, including the ability to explain technical matters and challenge constructively
• Leadership or coaching experience, with the ability to support and guide junior team members

Responsibilities

• Lead and complete independent validations across enterprise models (capital, financial crime, funding and liquidity, operational risk, conduct and compliance)
• Assess methodologies, implementation, data and documentation of models
• Build trusted relationships with business and risk stakeholders
• Guide junior team members and contribute to oversight of AI in enterprise models

Skills

Model risk validation

Leadership

Stakeholder management

Regulatory interpretation

Tools

SAS

SQL

R

Python

Job description

You’ll join our Model Risk team as a senior member of the independent validation function. This is a permanent, full time role based in Sydney / Warrane, Gadigal Country, where you’ll lead and complete independent validations across enterprise models spanning capital, financial crime, funding and liquidity, operational risk, conduct and compliance.

It’s an exciting time to join the team. With investment secured to grow the Enterprise Models function and increasing focus on AI and machine learning across the Group, you’ll have the opportunity to work on some of the bank’s most strategic and evolving model risk challenges.

You’ll explore how models work, assess their methodology, implementation, data and documentation, and help strengthen model risk practices across the Group. You’ll build trusted relationships with business and risk stakeholders, guide junior team members and contribute to the responsible oversight of emerging areas, including the use of AI in enterprise models.

What do I need?

• Experience working in model validation or model development
• Programming skills using tools such as SAS, SQL, R or Python
• The ability to understand and interpret regulatory standards, financial statements and Pillar III reports
• Clear communication and stakeholder management skills, including the ability to explain technical matters and challenge constructively
• Leadership or coaching experience, with the ability to support and guide junior team members

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 more information and contact details on our FAQs and how to contact us page , under the ‘Diversity, sustainability and flexibility’ section.