Senior Manager, Retail Credit Risk Modelling (Hybrid)

Macquarie Group; Sydney; Hybrid; AUD 180,000 - 280,000; Full time

Benefits offered by this job

Wellbeing leave day

Service bonus leave days

Parental leave up to 20 weeks

Volunteer leave & donation matching

Gender affirmation leave

Employee Assistance Program & wellness

Salary packaging options

Learning & development support

Hybrid & flexible working

Work-from-home equipment reimbursement

Job summary

Macquarie Group is seeking a senior quantitative modeller to lead the development of retail scorecard models for lending decisions and regulatory compliance.

You will deliver end-to-end modelling outcomes, collaborate with risk and commercial stakeholders, and explain complex concepts in clear terms to non-technical colleagues.

Qualifications

• 7+ years of experience in quantitative modelling within financial services.
• Proven experience building scorecard models from ground up.
• Strong knowledge of statistics and quantitative methods; degree in math/stats/engineering/actuarial science.
• Experience leading small project teams and mentoring juniors.

Responsibilities

• Lead development of retail scorecard models to support lending decisions and regulatory expectations.
• Deliver end-to-end modelling outcomes and collaborate with risk and commercial stakeholders.
• Explain complex modelling concepts in clear, practical terms to non-technical audiences.

Skills

Retail scorecard modelling

End-to-end modelling

Statistics & quantitative methods

Team leadership

Retail lending products

Stakeholder communication

Education

Degree in mathematics, statistics, engineering or actuarial science

Job description

Our Banking and Financial Services team brings together retail and business banking to provide a wide range of financial products and services.

Within Banking and Financial Services, our Treasury team manages key areas such as credit risk modelling, stress testing, capital management, balance sheet risk, funding, and climate risk.

This role is within the credit risk modelling stream within Banking and Financial Services Treasury, who are responsible for IRB regulatory capital models, credit loss provisioning models and credit scorecard models.

We are a global financial services group operating in 30 markets with 57 years of unbroken profitability. At Macquarie, you’re empowered to shape a career that is fulfilling and creates value. You will bring your insights and expertise to the task at hand and feel supported as you make your own kind of impact for a better future.

What role will you play?

In this role, you will lead the development of retail scorecard models to support our retail lending decisions and ensure we continue to meet regulatory expectations and strengthen our capability. You will be responsible for end-to -end modelling outcomes, work with stakeholders to deliver both risk and commercial outcomes and explain complex concepts in a clear and practical way.

What You Offer

• 7+ years of experience in quantitative modelling within financial services, with clear career progression
• Proven experience in building scorecard models from the ground up
• Strong knowledge of statistics and quantitative methods, supported by a degree in mathematics, statistics, engineering or actuarial science
• Experience leading small project teams of 2–3 people and supporting the growth of junior colleagues
• Strong understanding of retail lending products and commercial acumen
• Strong communication skills with the ability to explain complex modelling concepts to non-technical stakeholders.

What We Offer

Benefits

At Macquarie, you’re empowered to shape a career that’s rewarding in all the ways that matter most to you. Macquarie employees can access a wide range of benefits which, depending on employment type, include:

• 1 wellbeing leave day per year
• Up to 5 additional service bonus leave days per year
• Up to 20 weeks’ paid parental leave for primary caregivers along with 12 days of transition leave upon return to work, and 6 weeks’ paid leave for non-primary caregivers
• 2 days of paid volunteer leave and donation matching
• Up to 12 months’ gender affirmation leave, including 6 weeks’ paid leave
• Access to Employee Assistance Program and wellbeing benefits including skin and health checks, and flu vaccinations
• Access to a wide range of salary packaging options
• Access to a wide range of learning and development opportunities, including reimbursement for professional membership or subscription
• Hybrid and flexible working arrangements, dependent on role
• Reimbursement for work from home equipment

About Banking and Financial Services

Banking and Financial Services is our technology-driven retail bank. You will be part of a team that supports clients to achieve their full potential - whether that’s buying a home, growing a business or investing to manage wealth.

Inclusion at Macquarie

We are committed to providing an inclusive environment for all, where different experiences, skills and perspectives are valued and respected. Macquarie provides access to opportunities for all individuals regardless of race, colour, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other characteristic or circumstance.

We provide reasonable adjustments to individuals who may need support during the recruitment process and employment. If you require an adjustment, please let us know during the application process.