Manager Model Risk & Validation (Credit Risk)
Core
Independent validation and robust challenge of credit risk, collective provisioning (IFRS9), and macroeconomic stress testing models to ensure regulatory compliance and financial soundness.
Role type
Manager, Model Risk & Validation (Credit Risk)
Builds
Independent validation reports and quantitative findings for executive teams and regulators
Domain
Banking / Credit Risk / Regulatory Compliance (APS113, IFRS9)
Deliverable
production ML models
Required skills
Credit risk modeling, IFRS9 collective provisioning, APS113 regulatory frameworks, statistical analysis, Python, R, SAS, SQL, model risk management frameworks
Preferred skills
Postgraduate qualifications in quantitative disciplines, experience with liquidity/interest rate/financial crime/operational risk models
Technologies
Python, R, SAS, SQL
Responsibilities
Conduct end-to-end quantitative and qualitative assessments of credit risk models, partner with model developers to deliver expert-level challenge, ensure compliance with APRA prudential standards and internal governance policies, execute parallel coding and data manipulation, present findings to Models Risk Committee
Seniority
Manager, hands-on IC with strategic stakeholder engagement