Senior Model Risk Validation Lead – CCR/XVA

Macquarie Group; Sydney; Hybrid; AUD 130,000 - 160,000; Full time

Benefits offered by this job

Wellbeing leave day

Service bonus leave days

Paid parental leave

Paid volunteer leave

Gender affirmation leave

Employee Assistance Program

Salary packaging options

Development opportunities

Work from home reimbursement

Job summary

A global financial services group in Sydney seeks a Manager or Senior Manager for Model Risk Management. The role involves independent validation of key financial and risk models, ensuring compliance with Australian regulations. Candidates should possess 5-10 years of risk management experience, a strong quantitative background, and proficiency in programming languages such as Python and R. The position offers flexible working arrangements and comprehensive benefits including parental leave and wellbeing programs.

Qualifications

• 5-10 years of experience in risk management, with understanding of financial products.
• Experience with model performance assessments including back-testing.
• Ability to manage validations independently.

Responsibilities

• Responsible for the validation of models used for Counterparty Credit Risk.
• Ensure compliance with Australian regulations.
• Deliver high-caliber risk management outcomes to senior stakeholders.

Skills

Quantitative educational background

Problem-solving skills

Collaboration and communication

Model calibration techniques

Proficiency in Python and R

Education

Strong quantitative background

Tools

Python

R

C++

Job description

A global financial services group in Sydney seeks a Manager or Senior Manager for Model Risk Management. The role involves independent validation of key financial and risk models, ensuring compliance with Australian regulations. Candidates should possess 5-10 years of risk management experience, a strong quantitative background, and proficiency in programming languages such as Python and R. The position offers flexible working arrangements and comprehensive benefits including parental leave and wellbeing programs.