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Manager / Senior Manager | Credit Risk & AI Model Assurance | Sydney or Melbourne
Sydney
$56K - $70K (Glassdoor Est.)
Date:
17 May 2026
Location:
Sydney, NSW, AU
Melbourne, VIC, AU
Department:
Audit and Assurance
Description: Job Requisition ID: 39595
Help shape Deloitte's AI risk assurance capability while leading complex credit risk modelling and validation work for major financial institutions
Tackle big issues like cyber, trust, resilience and digital transformation
Mentoring, coaching and leadership programs to help you make an impact that matters
Join Deloitte's Assurance practice as a Manager or Senior Manager in Melbourne or Sydney, where you'll use your quantitative risk expertise to help financial institutions respond to regulatory change and build confidence in credit and AI-driven decisions.
What will your typical day look like?
Complex quantitative work will sit at the heart of your role, from credit risk model development, validation and audit across PD, LGD and EAD models to the assurance of AI and machine learning models used in financial risk management. You could be leading validation activity, supporting model design, or helping clients understand how regulatory, accounting and AI governance changes affect their frameworks and portfolios.
The work has clear commercial and regulatory impact. Banks and non-bank lenders rely on these models to make lending, provisioning and capital decisions, so your insight will help them manage risk with greater confidence and stand up to increasing scrutiny from regulators and stakeholders.
Along the way, you'll work with senior leaders, quantitative specialists and client teams on problems that are technically deep and constantly evolving. One engagement might focus on established modelling approaches or stress testing, while another could involve black box techniques, explainability, bias testing or assurance methodologies for advanced AI and agentic systems.
About the team
Deloitte's Assurance practice helps clients build trust in their decisions, controls and reporting. Within that, the credit risk and quantitative modelling team works with financial institutions on model development, validation and monitoring across traditional and AI-enabled risk models. It's a team that brings together technical rigour, regulatory insight and real commercial relevance, with growing focus on how AI governance and model assurance will shape the future of financial risk.
Enough about us, let's talk about you
You may have all or some of the following skills/experiences:
Experience in credit risk model development, review or validation across PD, LGD and EAD models
Exposure to validating or assuring AI/ML models used in financial risk or decision-making contexts
Strong knowledge of regulatory capital, IFRS9, AI governance frameworks such as NIST AI RMF or ISO/IEC 42001, and the broader financial services risk landscape
A background in statistics, actuarial studies, engineering, mathematics or another quantitative discipline
Experience in consulting or within a large financial institution solving complex modelling or risk problems
Confidence leading work, mentoring junior team members, and maintaining quality across deliverables
Strong communication skills, with the ability to explain technical concepts clearly to different audiences
Exposure to stress testing, climate-related credit modelling, machine learning, NLP, explainability, bias detection, robustness testing, or building AI and agentic tools for modelling and validation
Why Deloitte?
At Deloitte, we focus our energy on interesting and impactful work. We're always learning, innovating and setting the standard; making a positive difference to our clients and our society. We put coaching at the heart of what we do, helping our people grow their careers in any direction – whether it be up, moving into something new, or even moving across the world.
We embrace diversity, equity and inclusion. We have a diverse collection of people from different backgrounds, with different experiences, gender identities, abilities and thinking styles. What binds us together is a shared commitment to value everyone's perspective and to cultivate inclusion; so that our work environment is a safe space we can all belong.
We value in-person connection with our clients and our colleagues. We offer several ways for you to work flexibly so that you can serve your clients, stay connected with your team, and manage your personal priorities.
We help you live and work well. To support your personal and professional life, we offer a range of perks and benefits, including retail discounts, wellbeing leave, paid volunteering days, twelve flexible working options, market-leading parental leave and return to work support package.
The minimum salary is $56K and the max salary is $70K.
$56K – $70K/yr (Glassdoor Est.)
$63K
/yr Median
Sydney
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