Senior Manager Modelling

BNZ; Auckland; On-site; NZD 150,000 - 210,000; Full time

Benefits offered by this job

Flexible working

Generous leave

Wellbeing programs

Job summary

BNZ is seeking a Senior Manager Modelling to lead a quantitative analytics team focused on sustainable, world-class credit risk models and decision strategies. You will deliver robust modelling solutions, governance-compliant processes, and insightful portfolio analytics to support better customer and bank outcomes.

You will lead a high-performing team, drive regulatory engagement, and apply advanced techniques with Python, SQL and related tools.

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/analytical modelling techniques.
• Demonstrated experience leading a high performing analytical team.
• Strong analytical capability with ability to deliver insights that enhance credit risk models.
• Strong coding capability using Python and other data-processing tools (SQL, PySpark, SAS, JSON, PowerBI, Tableau).

Responsibilities

• Lead the design and build of statistically sound credit risk models for robust risk management (including IRB).
• Ensure models and monitoring comply with governance, regulatory and legislative requirements.
• Lead team through model development process with appropriate statistical techniques.
• Provide actionable portfolio insights, identifying opportunities and managing risks across models.
• Engage regulators and senior stakeholders with clear modelling approaches and recommendations.

Skills

Python

SQL

PySpark

SAS

JSON

PowerBI

Tableau

Stakeholder engagement

Leadership

Regulatory knowledge

Tools

SQL

PySpark

SAS

JSON

PowerBI

Tableau

Python

Job description

Jora New Zealand will close on 9th 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.

Ko mātou tēnei | This is Us

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.

Mō te Tūranga | 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.

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.

Ko mātou tēnei | This is Us

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.

Mō te Tūranga | 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, engari he toa takitini" - Success is not the work of an individual, but the work of many.

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