Senior Manager, Model Risk & Financial Resilience

Insignia Financial; Sydney; On-site; AUD 180,000 - 230,000; Full time

Job summary

Insignia Financial is seeking a Senior Manager to lead Model Risk Management and Scenario Analysis, providing Line 2 advice across financial risk and governance. You will oversee the model lifecycle, independent validation, and risk reporting at executive and Board levels.

You’ll collaborate with Risk, Finance, Treasury, Technology, Data & AI and senior stakeholders to embed robust risk practices and drive continuous governance improvements across the organisation.

Qualifications

• 7+ years’ experience across model risk, financial risk, assurance, governance or related risk disciplines within complex financial services.
• Experience across scenario analysis, stress testing, capital or liquidity risk, financial resilience and/or ORFR.
• Working knowledge of APRA prudential requirements SPS 114, CPS 190 and CPS 230.
• Strong Line 2 review and challenge capability.

Responsibilities

• Lead and maintain the Model Risk Management Framework, providing oversight and challenge across the model lifecycle.
• Oversee model governance, risk assessment, monitoring and independent validation of material models.
• Coordinate the Models Committee, supporting effective governance and decision-making around model risk and validation outcomes.
• Lead the organisation’s scenario analysis framework, including development and assessment of severe-but-plausible scenarios.
• Provide specialist Line 2 advice and challenge across financial risk, including ORFR target modelling, capital and liquidity risk, financial resilience and risk appetite.
• Contribute to executive and Board-level risk reporting and governance.
• Partner across Risk Management, Finance, Treasury, Technology, Data & AI and the broader business to embed strong risk practices.
• Drive continuous improvement across risk governance, data, reporting and assurance practices.

Skills

Model risk governance

Financial risk

Scenario analysis

Independent validation

Stakeholder influence

Data & AI familiarity

Executive/Board communication

APRA prudential knowledge

Education

Tertiary qualification in Business/Commerce/Finance/Economics/Risk/Law

Job description

Insignia Financial is seeking a Senior Manager to lead Model Risk Management and Scenario Analysis, providing Line 2 advice across financial risk and governance. You will oversee the model lifecycle, independent validation, and risk reporting at executive and Board levels.

You’ll collaborate with Risk, Finance, Treasury, Technology, Data & AI and senior stakeholders to embed robust risk practices and drive continuous governance improvements across the organisation.