Senior Quantitative Analyst - Model Risk & Derivatives

Westpac Group; City of Brisbane; On-site; AUD 140,000 - 210,000; Full time

Benefits offered by this job

Employee mortgage discounts

Flexible work arrangements

Learning and development opportunities

Volunteer initiatives

Job summary

Westpac Group is seeking a seasoned model risk professional to independently assess valuation and risk models across Markets, Risk and Treasury. You will collaborate with stakeholders to influence model risk practices across the Group and contribute to strategic initiatives.

Based in Australia with opportunities to engage across a broad range of products and regulatory requirements, this role offers exposure to senior decision-making and career growth in a leading financial institution.

Qualifications

• Experience in financial markets quantitative environment.
• Expertise in derivative valuation and risk models across products.
• Knowledge of IRRBB and relevant APS/CPS standards.
• Ability to challenge and validate complex models and explain results.

Responsibilities

• Independently assess and validate valuation and risk models across Markets, Risk and Treasury.
• Collaborate with stakeholders to shape model risk practices across the Group.
• Contribute to strategic model risk initiatives and regulatory compliance.

Skills

Derivative valuation

Risk models

IRRBB models

Programming in C++/R

Stakeholder communication

Tools

Murex

Calypso

QRM

Real Time Credit Engine

Job description

Westpac Group is seeking a seasoned model risk professional to independently assess valuation and risk models across Markets, Risk and Treasury. You will collaborate with stakeholders to influence model risk practices across the Group and contribute to strategic initiatives.

Based in Australia with opportunities to engage across a broad range of products and regulatory requirements, this role offers exposure to senior decision-making and career growth in a leading financial institution.