Senior Manager, Credit Risk Modelling & Strategy

Bank of New Zealand; Auckland; On-site; NZD 180,000 - 240,000; Full time

Benefits offered by this job

Flexible working

Generous leave

Wellbeing support

Job summary

BNZ is seeking a Senior Manager Modelling to lead a team of quantitative analysts focused on developing robust credit risk models and decision strategies. You will collaborate across the bank to design statistically sound solutions that meet governance and regulatory requirements.

You will guide the modelling approach, deliver differentiated propositions to strengthen risk management and customer outcomes, and engage with regulators and senior stakeholders to present outcomes and recommendations.

Qualifications

• At least 7 years’ hands-on model development experience within a financial institution or IRB-accredited bank.
• In-depth knowledge of regulatory requirements, model risk governance and statistical and analytical modelling techniques used in industry.
• Demonstrated experience of leading a high performing analytical team.
• Strong analytical capability, with the ability to proactively deliver insights that enhance credit risk models and decision strategies.
• Strong coding capability and practical experience using Python and other tools commonly used for data processing, modelling, strategy development and management, such as SQL, PySpark, SAS, JSON, PowerBI and Tableau.
• Excellent stakeholder engagement skills, with the confidence to lead discussions with senior leaders, internal governance forums and regulators.

Responsibilities

• Lead the design and build of statistically sound credit risk models to support robust risk management of relevant portfolios, including decision and IRB models.
• Ensure models and model performance monitoring comply within internal governance frameworks and regulatory and legislative requirements.
• Lead team members through the model development process, ensuring the right statistical techniques are applied and deliverables align with requirements.
• Strengthen portfolio analysis capability by providing meaningful, actionable insights on portfolio trends, proactively identifying opportunities, and ensuring existing and emerging risks across relevant models and portfolios are effectively identified, monitored and managed.
• Contribute confidently to regulatory engagement, clearly explaining modelling approaches, outcomes and recommendations to regulators and senior stakeholders.

Skills

Leadership

Statistical modelling

Regulatory knowledge

Analytical capability

Stakeholder engagement

Tools

Python

SQL

PySpark

SAS

JSON

PowerBI

Tableau

Job description

BNZ is seeking a Senior Manager Modelling to lead a team of quantitative analysts focused on developing robust credit risk models and decision strategies. You will collaborate across the bank to design statistically sound solutions that meet governance and regulatory requirements.

You will guide the modelling approach, deliver differentiated propositions to strengthen risk management and customer outcomes, and engage with regulators and senior stakeholders to present outcomes and recommendations.