market risk specialist

HR Partners; Sydney; On-site; AUD 120,000 - 180,000; Full time

Job summary

HR Partners seeks a six-month Federal Government Market Risk Specialist to provide expert risk and modeling guidance across traded market risk, counterparty credit risk, and IRRBB. You will influence supervisory judgments, strategy, and regulatory policy development.

The role emphasizes leading policy initiatives around FRTB and collaborating with senior leaders, regulators, and industry networks to mitigate and monitor risks.

Qualifications

• Expert risk and quantitative modeling guidance across traded market risk, counterparty credit risk, and IRRBB.
• Knowledge of Basel policy framework and international supervisory standards.
• Experience assessing internal risk models used by regulated financial institutions.
• Data analytics, benchmarking, and industry-wide risk analysis to identify trends.
• Engage senior stakeholders and regulators on complex risk topics.
• Collaborate across multi-disciplinary teams to achieve risk outcomes.

Responsibilities

• Provide expert risk and quantitative modeling guidance across traded market risk, counterparty credit risk, and IRRBB.
• Lead and contribute to domestic and international policy initiatives focusing on FRTB.
• Assess and evaluate internal risk models for technical accuracy and compliance.
• Oversee data analytics, benchmarking, and industry-wide risk analysis.
• Engage with senior internal stakeholders, executives in regulated institutions, and regulators.
• Collaborate across multi-disciplinary teams and industry networks to achieve risk outcomes.

Skills

Traded market risk

Counterparty risk

IRRBB

VaR

Stressed VaR

CVA

Analytical thinking

Problem solving

Policy development

Executive communication

Job description

Six month, Federal Government Market Risk Specialist role to provide specialist risk and modeling advice across market risk, counterparty credit risk, and financial markets. You will play a pivotal role in identifying, monitoring, and mitigating both entity-level and industry-wide risks to inform risk-based supervisory judgments, strategic decisions, and regulatory policy development.

A core focus of this role involves leading and contributing to policy frameworks, particularly driving the development and implementation of the Fundamental Review of the Trading Book (FRTB).

Six month, Federal Government Market Risk Specialist role to provide specialist risk and modeling advice across market risk, counterparty credit risk, and financial markets. You will play a pivotal role in identifying, monitoring, and mitigating both entity-level and industry-wide risks to inform risk-based supervisory judgments, strategic decisions, and regulatory policy development.

A core focus of this role involves leading and contributing to policy frameworks, particularly driving the development and implementation of the Fundamental Review of the Trading Book (FRTB).

Key Responsibilities & Outcomes:

• Provide expert risk and quantitative modeling guidance across traded market risk, counterparty credit risk, and interest rate risk in the banking book (IRRBB)

• Lead and contribute to domestic and international policy initiatives, with a primary focus on shaping and delivering the Fundamental Review of the Trading Book (FRTB) framework

• Assess and evaluate internal risk models used by regulated financial institutions to ensure technical accuracy, compliance, and robust risk management practices

• Oversee data analytics, horizontal benchmarking, and industry-wide risk analysis to identify emerging trends, vulnerabilities, and market shifts

• Actively engage with senior internal stakeholders, executives within regulated institutions, and peer regulatory bodies on complex, technical risk issues

• Collaborate across multi-disciplinary teams and broader industry networks to achieve key regulatory and risk management outcomes

Key Requirements:

• You are an established subject-matter expert in traded market risk, counterparty credit risk, or IRRBB, bringing a strong blend of technical modeling proficiency and practical risk management experience

• Advanced expertise across technical modeling and risk management disciplines (e.g., VaR, Stressed VaR, IMM, CVA, or IRRBB frameworks)

• Analytical & Problem-Solving Capability: A proven track record of solving complex analytical problems and translating technical quantitative data into strategic recommendations

• Up-to-date knowledge of theoretical and practical developments in financial markets and international supervisory standards, particularly the Basel policy framework

• Superior written and verbal communication skills, with a proven ability to engage, challenge, and influence senior leaders within financial institutions

• Demonstrated ability to collaborate cross-functionally to achieve broader industry and organisational goals

experience

8 years

At Randstad, we are passionate about providing equal employment opportunities and embracing diversity to the benefit of all. We actively encourage applications from any background.