Senior Credit Risk Modeller: IFRS 9 & PD/LGD/EAD (Flexible)

Westpac; Sydney; Hybrid; AUD 140,000 - 210,000; Full time

Benefits offered by this job

Flexible working arrangements

Job summary

Westpac invites applications for a Senior Modeller, Credit Risk Models, based in Sydney with flexible working arrangements. You’ll develop, maintain and enhance predictive credit risk models focusing on IFRS 9 provisions and PD/LGD/EAD coverage across model development, monitoring and governance.

You will collaborate with Risk, Data, Technology and business stakeholders to ensure robust, well-governed models that meet regulatory requirements and support credit risk decision-making.

Qualifications

• Strong experience in credit risk modelling and IFRS 9 provisioning.
• Knowledge of PD, LGD and EAD modelling and performance.
• Advanced programming in SAS, Python, SQL, R, MATLAB or similar.
• Experience with data manipulation, cleansing and statistical analysis.
• Ability to explain complex modelling concepts to stakeholders.
• Analytical problem-solving with focus on innovation and model performance.

Responsibilities

• Develop, maintain and enhance predictive credit risk models.
• Cover PD, LGD and EAD modelling, performance monitoring.
• Collaborate with Risk, Data, Technology and business stakeholders.
• Ensure models are robust, well-governed and meet policy and regulatory requirements.
• Own modelling outcomes from analysis through to implementation and monitoring.

Skills

Credit risk modelling

IFRS 9 provisioning

Model performance & statistics

Communication with stakeholders

Analytical thinking

Innovation & continuous improvement

Tools

SAS

Python

SQL

R

MATLAB

Job description

Westpac invites applications for a Senior Modeller, Credit Risk Models, based in Sydney with flexible working arrangements. You’ll develop, maintain and enhance predictive credit risk models focusing on IFRS 9 provisions and PD/LGD/EAD coverage across model development, monitoring and governance.

You will collaborate with Risk, Data, Technology and business stakeholders to ensure robust, well-governed models that meet regulatory requirements and support credit risk decision-making.