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Senior Quantitative Analyst: Credit Model Risk

https://www.randstad.com Logo

Randstad

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Location:
Australia , Sydney

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Category:
IT - Software Development

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Contract Type:
Not provided

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Salary:

125000.00 - 150000.00 AUD / Year
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Job Description:

In this position, you will act as a critical 'check and balance' for the bank's lending models. You will transition away from model building to focus on high-level independent scrutiny and governance. Model Deconstruction: You will rigorously audit the logic, data sources, and mathematical foundations of PD, LGD, and EAD models. Regulatory Compliance: Your work ensures that the bank's internal systems align with strict APRA, Basel, and IFRS 9 requirements. Advisory & Reporting: You will translate intricate technical findings into persuasive reports for executive leadership. Innovation: Beyond standard audits, you will help modernize the bank's internal modelling toolkits and uplift validation standards.

Job Responsibility:

  • Act as a critical check and balance for the bank's lending models
  • Transition away from model building to focus on high-level independent scrutiny and governance
  • Rigorously audit the logic, data sources, and mathematical foundations of PD, LGD, and EAD models
  • Ensure that the bank's internal systems align with strict APRA, Basel, and IFRS 9 requirements
  • Translate intricate technical findings into persuasive reports for executive leadership
  • Help modernize the bank's internal modelling toolkits and uplift validation standards

Requirements:

  • Senior Quantitative Analyst
  • Proven background in credit risk modelling or independent model validation
  • Bachelor Degree
  • 4 years experience
  • Sector Background: You have a solid history in credit risk, specifically within provisioning, scorecards, or IRB frameworks
  • Quantitative Mastery: You possess a sophisticated understanding of statistics and have a track record of applying these skills to real-world financial problems
  • Technical Toolkit: You are highly proficient in coding with Python, R, SAS, or SQL
  • Communication Skills: You can navigate high-level corporate environments, articulating complex 'quant' concepts to non-technical stakeholders with ease
  • Modern Workflow: While not mandatory, experience with Git or Jupyter environments will give your application a distinct edge

Nice to have:

Experience with Git or Jupyter environments

Additional Information:

Job Posted:
May 17, 2026

Expiration:
May 21, 2026

Work Type:
On-site work
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