Modeller/Senior Modeller

Summary about this job

Detail information about job Modeller/Senior Modeller. Terms and conditions vacancy

Westpac’s Risk Insights team is executing its vision to broaden capability, improve bench strength and deepen engagement with Risk and the Bank. Risk at Westpac is key to the success of what we do, it is an enabler, woven into how we work and how we interact with our customers.   We’re making substantial investment in our data, systems, processes and analytical tools with the goal of becoming the best risk insights function in New Zealand.  To get us there, we need talented individuals who will bring these great new tools and systems to life.

The purpose of this role is to conduct core credit risk model development and methodology research activities for Westpac lending portfolios.  You will be responsible for but not limited to the following:

• Develop, implement and maintain quantitative models to ensure ‘best practice’ credit risk management, capital management, provisioning and credit underwriting processes.
• Ensure core credit risk models across Westpac portfolios are maintained to a high standard of quality, control and timeliness to facilitate compliance with legislation, regulatory expectations, governance frameworks and policies.
• Develop an in depth knowledge of existing models and analytics and relevant modelling data sources.
• Act as a subject matter expert for queries from model users, management and other stakeholders.
• Proactively communicate and collaborate with managers and senior managers to ensure projects, business-as-usual activities, governance framework and compliance obligations are managed in a coordinated manner, as One Team.
• Provide recommendations to internal customers to assist them in achieving portfolio optimisation setting and credit risk management objectives.
• Ensure that all processes, procedures and outcomes are appropriately documented and controlled.
• Ensure model related issues or incidents are recorded and remediated in a timely manner.

We seek curious, change agile, collaborative people who understand the value in developing and leveraging reliable data, technology and science to deliver great outcomes.  We would like to hear from candidates who possess the following:

• Tertiary qualifications (Maths/Statistics/Quantitative/Business or other relevant degree) or equivalent business experience.
• Advanced SAS, SQL, R, Excel with VBA, Word and PowerPoint.
• Research and development experience in credit risk, statistical modelling or related field.
• Sound data management expertise.

What's great about working for Westpac?

We're passionate about people and take pride in building teams that reflect the diversity in our communities. From day one, we'll invest in your growth and empower you to take ownership of your ongoing learning and development.  As well as immersing yourself in a supportive team environment, you'll be offered some of the best banking, wealth and insurance benefits in the market, gain access to a suite of online learning modules and career planning tools to grow with us, as well as our industry-leading superannuation programme and fantastic staff banking package. 

Westpac is an equal opportunity employer. As part of our commitment to creating a diverse and inclusive workplace, this role is open to experienced candidates seeking a discussion around workplace flexibility. 

Apply today with your CV and Cover Letter.  We're also keen to have a chat with all shortlisted applicants about workplace flexibility.  

You can contact Jo - [email protected] or Amanda - [email protected]