Senior Manager - Models, Risk Analytics And Treasury, Group Audit

Westpac; Sydney; Hybrid; AUD 180,000 - 240,000; Full time

Job summary

Westpac is seeking a Senior Manager in Group Audit to lead and deliver audits across credit risk, risk analytics and treasury, shaping stronger risk outcomes. You will work with stakeholders, assess frameworks and models, and provide meaningful insights for decision making. Mentoring and staying abreast of regulatory developments are key aspects of the role.

You will operate in a flexible and hybrid environment with a permanent, full-time arrangement in Sydney, NSW, Australia.

Qualifications

• Experience in credit risk measurement, analytics, stress testing or provisioning within banking or advisory environments.
• Strong understanding of prudential standards and provisioning frameworks applicable to banks.
• Proven ability to influence stakeholders, lead projects and communicate complex concepts to senior audiences.

Responsibilities

• Lead and deliver audits across credit risk, risk analytics and treasury and related controls.
• Build relationships with business stakeholders and subject matter experts to identify improvements.
• Mentor team members and support strategic audit initiatives.
• Prepare reports and present key findings to senior leadership.

Skills

Credit risk measurement

Stakeholder engagement

Project leadership

Auditing

Analytical thinking

Education

Bachelor's degree in a relevant field

Tools

SAS

R

Python

SQL

Power BI

Job description

Job Description

Create your best future and join Group Audit - Models, Risk Analytics and Treasury as a Senior Manager

What’s the role?

Join Group Audit and help shape stronger risk management and assurance outcomes across Westpac. As a Senior Manager, you'll lead and deliver audits across credit risk, risk analytics, treasury and related control environments.

You’ll work closely with business stakeholders and subject matter experts to assess frameworks, policies, models and processes, identify opportunities for improvement, and provide meaningful insights that support better decision making.

You’ll also play an important role in mentoring team members, supporting strategic audit initiatives, and staying across emerging regulatory and risk developments that impact the banking environment.

Location: Sydney
Work type: Permanent, Full Time with flexible and hybrid working arrangements.

What do I need?

• Experience in credit risk measurement, analytics, stress testing or provisioning within an ADI (Authorised Deposit-taking Institution), consulting environment (such as a Big 4 firm), or a combination of both
• Strong understanding of APRA prudential standards including APS113, APS112, APS220 and/or APS110, AASB 9 provisioning, with experience applying these in practice
• Proven ability to build relationships, influence stakeholders, lead projects and communicate complex concepts clearly to senior audiences
• Experience delivering audit, assurance, model validation or risk review outcomes, including preparing reports and presenting key findings
• Strong analytical and problem-solving skills with an inquisitive mindset and the ability to identify root causes, supported by relevant tertiary qualifications

Highly desirable

• Experience in credit modelling, data analytics or model risk governance using tools such as SAS, R, Python, SQL or Power BI
• Professional qualifications such as CFA or FRM
• Experience within a bank's credit risk measurement, model validation or first line credit risk function
• Knowledge of counterparty credit risk (APS180), model risk and/or climate risk analytics

Why join us?

We’re obsessed with becoming our customers #1 banking partner for life and we’re looking for people who are passionate about helping us achieve that goal. In return we’re committed to making Westpac the best place to work in the country. Here are just a few of the ways we’re already doing that:

• Special offers on banking products and discounts from top brands, including generous employee-only mortgage rates!
• Flexible work arrangements to help you achieve a greater work/life balance, and a variety of leave options including Culture, Lifestyle and Wellbeing leave.
• Tailored learning and development opportunities to help your grow your career within the bank.
• Lots of opportunities to ‘give back’ to the Community by getting involved in our many volunteering initiatives

We’re all about creating a supportive and inclusive community. We welcome everyone – no matter your age, gender, background, or abilities. We also provide additional support to welcome our veterans, Indigenous Australians and neurodiverse community.

If you need any adjustments during the recruitment process, you can find more information and contact details on our FAQs and how to contact us page, under the ‘Diversity, sustainability and flexibility’ section.

We may close this job advertisement earlier than the advertised closing date if suitable candidates are identified. We encourage you to apply as soon as possible.