Credit Model Risk Manager - Validation & Governance

Macquarie Group; Rahway (NJ); Hybrid; AUD 150,000 - 190,000; Full time

Benefits offered by this job

Wellbeing leave

Parental leave

Volunteer leave

Gender affirmation leave

Hybrid & flexible working

Job summary

Macquarie Group in Sydney is seeking a Manager in Credit Model Risk Management to lead independent validation of credit risk models across the Group. You will assess design, methodology and performance against regulatory standards, partnering with Risk, Finance, Data, Technology and business teams.

The role offers exposure to a broad range of portfolios and regulatory frameworks, with responsibility for ensuring model risk is identified, assessed and managed globally.

Qualifications

• 5+ years of experience in a quantitative, risk modelling or model validation role.

Responsibilities

• Lead independent validation and review of credit risk models across the Group.
• Assess model design, methodology, implementation and performance against regulatory requirements.
• Collaborate with Risk, Finance, Data, Technology and business teams to manage model risk.

Skills

Quantitative risk modelling

Credit risk modelling concepts (PD, LG

Tools

Python

SAS

R

SQL

Job description

Macquarie Group in Sydney is seeking a Manager in Credit Model Risk Management to lead independent validation of credit risk models across the Group. You will assess design, methodology and performance against regulatory standards, partnering with Risk, Finance, Data, Technology and business teams.

The role offers exposure to a broad range of portfolios and regulatory frameworks, with responsibility for ensuring model risk is identified, assessed and managed globally.