Senior Model Risk Quantitative Analyst - Big 4 Bank

$100k - $120k
Permanent
Sydney CBD
05 Sep 2019
BBBH732363

Exciting opportunity to join this leading domestic bank and validate models across the entire credit risk portfolio. Report your findings to Credit Risk Assessment Committee

THE ROLE

Reporting to the Senior Manager, Model Risk, you work as part of a small team to provide independant validations of retail and non-retail credit risk models, including scorecards, IRB, provisioning, economic capital and stress testing. will assist and advise key business stakeholders to ensure they meet their compliance requiremnets. This role will see you present the outcomes of this work to model approvers and owners, and committees. You will also get the opportunity to represent Model Risk in other internal forums.

On a day-to-day basis you will:

  • Write clear and concise validation reports detailing the scope and findings of the validation
  • Ensure model register, model change and issues logs and other model risk management infrastructure are maintained
  • Ensure the scope of independent validation appropriately challenges a model's scope of application, methodology, implementation, data used and its documentation
  • Develop relationships with internal stakeholders and regulators
  • Work as part of a close-knit team to uplift the compliance capabilty across the portfolio

THE ORGANISATION

This is a leading domestic bank that puts the customer at the core of everything they do. This bank takes flexible and agile working seriously and supports work/life balance. This organisation encourages career development and provides a platform for promotion.

THE SUCCESSFUL CANDIDATE

To be successful in this role you will possess:

  • Demonstrated retail or non-retail credit risk modelling or model validation experience
  • Qualification in actuarial, statistics, econometric or other related quantitative discipline
  • Advanced knowledge of SAS, R, SQL, Microsoft Word and Excel
  • 2+ years experience in a similar role
  • Strong communication skills (oral / written)

To express your interest in this opportunity please apply now. For any questions please call Renee Patu 02 8986 3120 or email: rpatu@morganmckinley.com.au.

Morgan McKinley is acting as an Employment Agency in relation to this vacancy.

Renee Patu's picture
Consultant | Risk & Compliance
Sydney +61 (0)2 8986 3120 | rpatu@morganmckinley.com.au