Service Owner Credit Risk Models and Data

Westpac; Sydney; Hybrid; AUD 220,000 - 300,000; Full time

Job summary

Westpac in Sydney is seeking a Service Owner, Advanced Credit Risk Modelling & Data to define and execute the consumer finance credit risk modelling and data asset strategy. You will build and lead a high-performing team of data scientists and modellers to develop market-leading models and data assets.

The role collaborates with risk, validation, data, technology and architecture teams to shape the modelling and data landscape, leveraging modern platforms and analytics to deliver better customer

Qualifications

• Experience in credit risk modelling or model validation.
• Knowledge of IRB, provisioning and scorecard models.
• Understanding of APRA prudential standards, Basel and IFRS9.
• Strong stakeholder management and clear communication.
• Problem solving with a results-focused approach.
• Proficiency in SAS, R, Python, SQL and Excel; Git/Jupyter a plus.

Responsibilities

• Define and execute credit risk modelling and data asset strategy.
• Lead in-house credit risk data assets and modelling capability.
• Build a high-performing data science/modelling team.
• Collaborate with Line 1/2 risk, model validation, data, technology and architecture teams.
• Shape modelling and data landscape using modern platforms.

Skills

Credit risk modelling

Model validation

IRB provisioning

Scorecard models

APRA standards

IFRS9

Tools

SAS

R

Python

SQL

Excel

Git

Jupyter

Job description

Service Owner Credit Risk Models and Data

Sydney, NSW, Australia

Job Description

Create your best future and join Westpac as a Service Owner, Advanced Credit Risk Modelling & Data

• Permanent Full-time opportunity
• Sydney based
• Hybrid working model (3 days a week in office)

What’s the role?

The Service Owner, Advanced Credit Risk Modelling & Datais responsible for defining and executing Consumer Finance's credit risk modelling and data asset strategy, establishing and leading the in-house credit risk data assets and modelling capability. The role will build a high-performing team of data scientists and modellers to develop market-leading credit risk models, data assets and modelling intellectual property that strengthen risk management and create sustainable competitive advantage across the Consumer Finance value chain.

Working closely with Line 1 Credit Risk & Pricing, Line 2 Credit Risk, Model Validation, Model Monitoring, Data, Technology and Architecture teams, the Service Owner will shape the future of Consumer Finance's modelling, data and analytical landscape, leveraging modern platforms, reusable frameworks, advanced analytics and emerging technologies to deliver better customer and business outcomes.

What do I need?

• Experienced leader with a strong track record of driving and delivering change.
• Extensive experience in credit risk modelling or model validation, including IRB, provisioning and scorecard models.
• Advanced knowledge of credit risk, APRA prudential standards, Basel and IFRS9.
• Strong stakeholder management and communication skills, with the ability to explain complex issues clearly and influence effectively.
• Strong problem-solving skills, with a results-focused and resourceful approach.
• Advanced SAS, R, Python, SQL and Excel skills; Git and Jupyter experience is advantageous.

We’re obsessed with becoming our customers #1 banking partner for life and we’re looking for people who are passionate about helping us achieve that goal. In return we’re committed to making Westpac the best place to work in the country. Here are just a few of the ways we’re already doing that:

• Special offers on banking products and discounts from top brands, including generous employee-only mortgage rates!
• Flexible work arrangements to help you achieve a greater work/life balance, and a variety of leave options including Culture, Lifestyle and Wellbeing leave.
• Tailored learning and development opportunities to help your grow your career within the bank.
• Lots of opportunities to ‘give back’ to the Community by getting involved in our many volunteering initiatives

Create your future today

We’re all about creating a supportive and inclusive community. We welcome everyone – no matter your age, gender, background, or abilities. We also provide additional support to welcome our veterans, Indigenous Australians and neurodiverse community.

If you need any adjustments during the recruitment process, you can find out more informationand additional contact details by visiting "People with Disability and/or needing Accessibility Requirements"page on our website.