What’s the role?

You’ll join our independent Model Risk validation team and play a key role in how credit risk models are governed across the Group. You’ll be working at the centre of an evolving modelling landscape, where the use of models continues to grow alongside advances in AI. As this growth accelerates, so does the importance of robust validation and oversight.

In this role, you’ll perform independent validations across IRB models, scorecards, provisioning and stress testing. You’ll challenge model methodology, assumptions, data, code and documentation, and produce clear validation reports that influence senior stakeholders.

You’ll be part of a team with a strong training mindset where learning is encouraged and growth is supported. This is a full time role with flexible and hybrid working. Location is flexible across Australia including Sydney, Perth, Melbourne, Brisbane and Adelaide.

• Experience in credit risk modelling or independent model validation (for example IRB, provisioning, scorecards or stress testing)
• Familiarity with credit risk frameworks and regulatory standards, including APRA and Basel
• Strong quantitative and statistical capability applied in a practical risk setting
• Programming skills in SQL and one of SAS, R or Python, with Excel for analytics and reporting
• A clear and confident communication style, able to translate complex concepts for senior stakeholders

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:

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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.