Senior Quantitative Risk Analyst: Model Validation & Valuation

Westpac; Sydney; On-site; AUD 140,000 - 190,000; Full time

Benefits offered by this job

Banking product discounts

Flexible work arrangements

Learning & development

Volunteer opportunities

Job summary

Westpac, a leading Australian bank, is seeking an experienced quantitative modeller to independently assess and validate valuation and risk models across Financial Markets, Risk and Treasury. You will work on derivative valuations, IRRBB models and regulatory standards, interfacing with stakeholders to drive governance and sound risk management.

This full-time role is based in major Australian cities. You should bring strong communication skills, proficiency in C++ or R, and familiarity with

Qualifications

• Strong experience in a financial markets quantitative environment with derivative valuation and risk models across products.
• Knowledge of IRRBB models and APS regulatory standards.
• Ability to independently assess, challenge and validate complex valuation and risk models.
• Excellent communication to explain quantitative concepts and influence stakeholders.
• Programming capability in C++, R or similar; experience with market risk platforms is highly regarded.

Responsibilities

• Assess and validate models used across Financial Markets, Risk and Treasury.
• Engage with stakeholders across Markets, Risk and Treasury on model governance.
• Contribute to high-profile model risk initiatives and regulatory requirements.

Skills

Quantitative modelling

Derivative valuation

IRRBB knowledge

Independent validation

Programming in C++, R

Tools

Murex

Calypso

QRM

Real Time Credit Engine

Version control

Job description

Westpac, a leading Australian bank, is seeking an experienced quantitative modeller to independently assess and validate valuation and risk models across Financial Markets, Risk and Treasury. You will work on derivative valuations, IRRBB models and regulatory standards, interfacing with stakeholders to drive governance and sound risk management.

This full-time role is based in major Australian cities. You should bring strong communication skills, proficiency in C++ or R, and familiarity with