Full job description

Create your best future and join Westpac as a Manager, Credit Risk Modelling

What’s the role?

As Manager, Credit Risk Modelling, you’ll join our Credit Risk Models team and play a key role in the development and ongoing maintenance of IRB credit risk models used to support capital management across Westpac Group portfolios.

You’ll manage model development, enhancement and other model lifecycle activities covering Probability of Default, Loss Given Default and Exposure at Default, ensuring models and supporting processes are well documented, appropriately controlled and aligned with regulatory and governance requirements.

Working closely with colleagues and leaders across the business, you’ll provide practical modelling insights and recommendations that support portfolio optimisation and effective credit risk management. You’ll also identify opportunities to improve credit decisioning and risk processes through statistical analysis, new methodologies and fit-for-purpose modelling tools.

This is a permanent full-time opportunity based in Sydney, Melbourne or Brisbane, with hybrid working arrangements available.

What do I need?

You’ll bring strong analytical and problem-solving skills, together with the ability to lead modelling projects and communicate technical information clearly.

• Experience developing and maintaining credit risk models, including Probability of Default, Loss Given Default and Exposure at Default.
• Working knowledge of the Basel regulatory framework and its application to credit risk and capital modelling.
• Intermediate to advanced capability in SAS, SQL, R or Python, with confidence using Excel and other Microsoft Office applications.
• Strong statistical, data management and analytical skills, with the ability to turn complex information into practical recommendations.
• Clear written and verbal communication skills, with a proactive, innovative and customer-focused approach.