Senior Quantitative Analyst – Model Risk & Valuation (Flexible)

Westpac Group; Sydney; On-site; AUD 180,000 - 260,000; Full time

Benefits offered by this job

Special banking offers

Flexible work arrangements

Learning & development

Volunteer opportunities

Job summary

Westpac Group is seeking a senior quantitative modeller to independently assess and validate valuation and risk models used across Financial Markets, Risk and Treasury. You will work on models from derivative pricing to regulatory capital within a high-stakes governance framework, contributing to strategic risk management and ongoing model enhancements.

The role offers exposure to diverse products and senior stakeholder interaction, with opportunities for career progression as the team expands.

Qualifications

• Extensive experience in a financial markets quantitative environment.
• Expertise in derivative valuation and risk models.
• Knowledge of IRRBB and APS/CPS standards.
• Strong analytical and problem-solving skills.
• Excellent communication and stakeholder influencing ability.

Responsibilities

• Independently assess and validate complex valuation and risk models across Markets, Risk and Treasury.
• Support a broad range of products and regulatory requirements.
• Contribute to model governance and risk management across the Group.
• Collaborate with stakeholders and senior leadership to shape model risk practices.

Skills

C++

R

Quantitative analysis

Communication

Tools

Murex

Calypso

QRM

Real Time Credit Engine

Job description

Westpac Group is seeking a senior quantitative modeller to independently assess and validate valuation and risk models used across Financial Markets, Risk and Treasury. You will work on models from derivative pricing to regulatory capital within a high-stakes governance framework, contributing to strategic risk management and ongoing model enhancements.

The role offers exposure to diverse products and senior stakeholder interaction, with opportunities for career progression as the team expands.