Senior Manager Modelling

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

Worker Type:

Permanent

Here at BNZ, it’s about more than just banking. We work together in an agile, energising environment to create innovative solutions through our promise “If you can imagine a better future, let’s find a way.”

We support wellbeing, flexible working and have a generous leave offering. There is the opportunity for growth, learning and career development. No two days are the same.

Komātoutēnei| This is Us

The Modelling & Decision Strategy teamisfocused ondeliveringsustainable,world-class credit risk models, decision strategies, monitoring,analyticsand actionable insightsthat support better outcomes for our customers and the bank.To help us continueour journey,we are looking for a Senior Manager Modelling to jointheteam.

MōteTūranga| About the Role

We sat down with our Head of Modelling & Decision Strategy who let us know the following about the role:

What are some of the key focus areas for this opportunity?

• Lead the design and build of statistically sound credit risk models to support robust risk management of relevant portfolios, including decision and Internal Ratings Based (IRB) models.

• Ensure models and model performance monitoringcomply withinternal 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 capabilityby providingmeaningful,actionable insights on portfolio trends,proactivelyidentifyingopportunities,and ensuring existing and emerging risksacrossrelevant models and portfolios are effectivelyidentified,monitoredand managed.

• Contribute confidently to regulatory engagement, clearly explaining modelling approaches, outcomes and recommendations to regulators and senior stakeholders.

What do we want you to know before you apply?

As Senior Manager Modelling, youwillleada team of quantitative analysts andpartnerwith teams across the banktodetermineoptimalstatistical solutions. You Will play a key role indesigning and delivering differentiated propositions thatsupport stronger risk management,better customeroutcomesand better bank outcomes.

What attributes will this person displayin order tobe successful in this role?

• At least 7 years’ handson 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 insightsthatenhance credit risk models anddecisionstrategies.

• Strong coding capability and practical experience using Python and other toolscommonlyused for data processing, modelling,strategydevelopmentand management,such asSQL,PySpark, SAS, JSON,PowerBIand Tableau.

• Excellent stakeholder engagement skills, with the confidence toleaddiscussions with senior leaders, internal governanceforumsand regulators.

What is the team culture and environment like?

You will be joining a high-performing team that iscommitted toexcellence,collaborationand continuous improvement.We foster asupportive environment where people are encouraged to grow, challenge themselves and work together to deliver meaningful strategic outcomes for our stakeholders and customers.

Ehara taku toa i te toa takitahi, nevertheless he toa takitini” - Success is not the work of an individual, but the work of many.”

Closing Date: 20 September 2026

Applications will be reviewed regularly across the advertising period, but we do reserve the right to close applications early.