Senior Quantitative Analyst: Shape Model Risk & Valuation

Westpac Group; City of Melbourne; On-site; AUD 150,000 - 190,000; Full time

Benefits offered by this job

Mortgage rates for employees

Flexible work arrangements

Learning and development opportunities

Volunteer opportunities

Job summary

Westpac Group is seeking a model risk professional to independently assess and validate valuation and risk models across Markets, Risk and Treasury. You’ll engage with stakeholders, influence senior decisions, and contribute to governance across a broad range of products and regulatory requirements.

This full-time role offers exposure to strategic model risk challenges and career progression within the expanding Model Risk function in Australia.

Qualifications

• Extensive experience in financial markets quantitative environment with derivative valuation and risk modeling.
• Strong IRRBB knowledge and APS governance standards.
• Ability to independently assess and challenge valuation and risk models.
• Excellent communication to explain complex quantitative concepts to stakeholders.

Responsibilities

• Assess and validate models across Markets, Risk and Treasury.
• Contribute to model governance and regulatory compliance.
• Collaborate with stakeholders to influence senior decisions.
• Contribute to strategic model risk initiatives.

Skills

Financial markets

Derivative valuation

Risk models

IRRBB knowledge

APS standards

Programming: C++/R

Analytical thinking

Stakeholder influence

Tools

Murex

Calypso

QRM

Real Time Credit Engine

Job description

Westpac Group is seeking a model risk professional to independently assess and validate valuation and risk models across Markets, Risk and Treasury. You’ll engage with stakeholders, influence senior decisions, and contribute to governance across a broad range of products and regulatory requirements.

This full-time role offers exposure to strategic model risk challenges and career progression within the expanding Model Risk function in Australia.