Senior Credit Risk Modeller: Provision & Stress Testing

Macquarie Group; Sydney; Hybrid; AUD 140,000 - 190,000; Full time

Benefits offered by this job

Wellbeing leave day

Service bonus leave days

Paid parental leave (up to 20 weeks)

Volunteer leave and donation matching

Gender affirmation leave

Employee Assistance Program

Learning and development opportunities

Hybrid and flexible working

WFH equipment reimbursement

Job summary

Macquarie Group is seeking a Senior Analyst/Manager to lead Provision and Stress Test Modelling within Credit Risk Management. You will collaborate with the Head of Modelling to drive delivery outcomes and strategic direction, overseeing model governance and interactions with regulators.

The role requires strong modelling expertise and stakeholder engagement across risk teams and auditors. The ideal candidate has experience in IRB development, monitoring or validation, and is proficient in R and

Qualifications

• Extensive experience in IRB model development, monitoring or validation.
• 3–7 years in financial services, preferably in investment banking or trading systems support.
• Knowledge of financial market products and regulatory requirements.
• Strong grounding in numerical methods, stochastic calculus and probability theory.
• Proficiency in R and Python programming.

Responsibilities

• Drive delivery outcomes and strategic direction of Credit Loss Modelling.
• Manage and engage senior stakeholders on key initiatives.
• Lead development and maintenance of credit models and governance frameworks.
• Oversee interactions with second-line risk teams, auditors, and regulators.

Skills

IRB Model Development

Model Monitoring

Model Validation

Financial market products knowledge

Numerical methods

Stochastic calculus

Programming (R and Python)

Autonomous and collaborative work

Tools

R

Python

Job description

Macquarie Group is seeking a Senior Analyst/Manager to lead Provision and Stress Test Modelling within Credit Risk Management. You will collaborate with the Head of Modelling to drive delivery outcomes and strategic direction, overseeing model governance and interactions with regulators.

The role requires strong modelling expertise and stakeholder engagement across risk teams and auditors. The ideal candidate has experience in IRB development, monitoring or validation, and is proficient in R and