Manager, Financial Risk Modelling – Hybrid & Stress Testing

Reserve Bank of Australia; Sydney; Hybrid; AUD 140,000 - 200,000; Full time

Job summary

Reserve Bank of Australia in Sydney seeks a Manager to lead the development of financial risk modelling within the Financial Markets Portfolio Risk team. You will guide stress testing, model risk controls, and analysis that informs policy design and balance sheet risk considerations.

You will oversee model validation, coordinate risk metric reporting to senior management, and mentor analysts to build capability in risk quantification and governance within FMPR.

Qualifications

• Strong quantitative skills with VaR/ES modelling.
• Extensive financial markets experience.
• Understanding of policy context and balance sheet linkages.
• Proficiency in coding and risk data governance.

Responsibilities

• Lead development of risk modelling capability for FMPR.
• Oversee validation and governance of models.
• Coordinate risk metrics reporting to senior management.
• Provide leadership and mentoring to analysts.

Skills

Quantitative analysis

Value-at-Risk modelling

Expected Shortfall modelling

Financial markets knowledge

Policy context understanding

R programming

Risk & compliance frameworks

Stakeholder engagement

Communication skills

Tools

R

Job description

Reserve Bank of Australia in Sydney seeks a Manager to lead the development of financial risk modelling within the Financial Markets Portfolio Risk team. You will guide stress testing, model risk controls, and analysis that informs policy design and balance sheet risk considerations.

You will oversee model validation, coordinate risk metric reporting to senior management, and mentor analysts to build capability in risk quantification and governance within FMPR.