About this role
What’s the role?
Ready to make a real impact in one of Australia's leading banking groups? As a Manager, Markets, Model Risk, you'll help provide independent oversight and validation of models used across Financial Markets, Risk and Treasury.
You'll work on a diverse range of models covering derivative valuation, risk measurement and capital frameworks while partnering with stakeholders across the organisation. Beyond technical analysis, you'll have the opportunity to influence key decisions, contribute to important projects and help strengthen model risk governance across the Group.
This is a full time permanent opportunity based in Sydney / Warrane, Gadigal Country.
What do I need?
• Strong experience working in a financial markets quantitative environment, with expertise in derivative valuation and risk models across a range of products, including linear and nonlinear derivatives.
• Knowledge of IRRBB models and a sound understanding of relevant regulatory standards, including APS111, APS116, APS117, CPS226 and APS180.
• Ability to independently assess, challenge and validate complex valuation and risk models, applying strong analytical and problem solving skills.
• Excellent communication skills with the ability to explain complex quantitative concepts clearly and influence stakeholders at all levels.
• Programming capability in C++, R or a similar language. Experience with version control tools and market risk platforms such as Murex, Calypso, Real Time Credit Engine or QRM will be highly regarded.
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
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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.
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.