Senior Manager Modelling

JobSpace; Auckland; On-site; NZD 180,000 - 240,000; Full time

Benefits offered by this job

Flexible working

Generous leave

Career development

Job summary

Bank of New Zealand seeks a Senior Manager Modelling to lead a quantitative team in designing and delivering credit risk models, including IRB approaches, to support risk management and regulatory compliance.

You will guide governance, develop robust models, and provide actionable insights to strengthen portfolio performance while engaging regulators and senior leaders in clear, evidence-based discussions.

Qualifications

• 7+ years of hands-on model development experience in a financial institution or IRB-regulated bank.
• Deep knowledge of regulatory requirements, model risk governance, and modelling techniques.
• Proven leadership of a high-performing analytics team.
• Strong ability to deliver actionable insights to improve risk models and decision strategies.

Responsibilities

• Lead the design and build of statistically sound credit risk models for portfolios.
• Ensure model governance, monitoring, and regulatory compliance across models.
• Guide the model development process and align deliverables with requirements.
• Strengthen portfolio analysis with meaningful insights on trends and risks.
• Engage regulators and senior stakeholders with clear modelling outcomes and recommendations.

Skills

Leadership

Analytical thinking

Stakeholder engagement

Python

SQL

PySpark

SAS

JSON

PowerBI

Tableau

Regulatory modelling

Tools

Python

SQL

PySpark

SAS

JSON

PowerBI

Tableau

Job description

Jora New Zealand will close on 16th September 2026. Thank you for being with us, we are cheering you on as you continue your career journey.

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.

The Modelling & Decision Strategy team is focused on delivering sustainable, world-class credit risk models, decision strategies, monitoring, analytics and actionable insights that support better outcomes for our customers and the bank. To help us continue our journey, we are looking for a Senior Manager Modelling to join the team.

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 monitoring comply with 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.

What do we want you to know before you apply?

As Senior Manager Modelling, you will lead a team of quantitative analysts and partner with teams across the bank to determine optimal statistical solutions. You will play a key role in designing and delivering differentiated propositions that support stronger risk management, better customer outcomes and better bank outcomes.

What attributes will this person display in order to be successful in this role?

• 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.

What is the team culture and environment like?

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

Nau Mai ki te Pēke o Aotearoa | Come to the Bank of New Zealand

Ehara taku toa i te toa takitahi, amma 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.