Manager – Credit Models

Create your best future and join Model Risk as a Manager. 

What’s the role? 

This role is a Parental Leave Cover Role for a 12-month period. 

You’ll join our Model Risk team, providing independent oversight and challenge across retail and non-retail credit risk models, including AIRB (PD/EAD/LGD), scorecards, provisioning and stress testing. You’ll assess model methodology, application, code, data and documentation, turning complex findings into clear, insightful assessments for key stakeholders. You’ll also manage validation activities and share your technical expertise with other members of the team. 

It’s an exciting time to join the team. With continued investment in the Model Risk function and a growing focus on supporting increasingly sophisticated products, models and regulatory requirements, you’ll have the opportunity to work on some of the bank’s most strategic and complex model risk challenges while building deep expertise across markets, treasury and risk disciplines. This growth also creates opportunities for career development and progression as the team continues to expand. 

This is a full-time role based in Sydney, Melbourne, Brisbane or Adelaide. 

What do I need? 

• Strong experience in credit risk modelling or independent model validation, including IRB, provisioning scorecard models 

• Advanced knowledge of credit risk, with an understanding of relevant APRA prudential standards, Basel and IFRS9 

• Strong quantitative and analytical capability, with experience using tools such as SAS, R, Python, SQL and Excel 

• Clear written and verbal communication skills, including the ability to explain complex technical issues and influence stakeholders 

• Strong problem solving and delivery skills, with the ability to manage validation activities and support others with technical work 

Why join us? 

We’re obsessed with becoming our customers #1 banking partner for life and we’re looking for people who are passionate about helping us achieve that goal. In return we’re committed to making Westpac the best place to work in the country. Here are just a few of the ways we’re already doing that:  

• Special offers on banking products and discounts from top brands, including generous employee only mortgage rates! 

• Flexible work arrangements to help you achieve a greater work/life balance, and a variety of leave options including Culture, Lifestyle and Wellbeing leave. 

• Tailored learning and development opportunities to help your grow your career within the bank. 

• Lots of opportunities to ‘give back’ to the Community by getting involved in our many volunteering initiatives.  

Create your future today 

To get started, simply click on the APPLY or APPLY NOW button 

We’re all about creating a supportive and inclusive community. We welcome everyone – no matter your age, gender, background, or abilities. We also provide additional support to welcome our veterans, Indigenous Australians and neurodiverse community. 

If you need any adjustments during the recruitment process, you can find more information and contact details on our FAQs and how to contact us page, under the ‘Diversity, sustainability and flexibility’ section.  

We may close this job advertisement earlier than the advertised closing date if suitable candidates are identified. We encourage you to apply as soon as possible.