Role & Responsibilities:

Model Development & Analysis

• Build and enhance predictive credit risk models, including Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD).
• Leverage statistical techniques and machine learning to analyse historical data and macroeconomic trends for model refinement.

Data Processing & Exploration

• Perform data preparation, transformation, and aggregation using tools like Databricks, SQL, Python, or R.
• Source, clean, and analyse datasets (e.g., credit bureau data, financial statements) to extract actionable insights.

Validation & Reporting

• Validate models through back-testing and stress testing to ensure accuracy and reliability.
• Create comprehensive reports on credit risk metrics and present findings to stakeholders, senior management, and regulators.

Credit Risk Application

• Generate risk ratings and provide recommendations for credit origination and limit adjustments using risk models.

Collaboration & Monitoring

• Work closely with cross-functional teams (credit risk, finance, portfolio management) to align models with business objectives.
• Monitor market trends to identify emerging risks and proactively inform management.

What You'll Bring:

• Demonstrated expertise in credit risk model development and management (PD, LGD, EAD). Probability of Default related experience is highly regarded.
• Proficiency in data analysis tools such as Databricks, SQL, Python, or R.
• Strong statistical and machine learning knowledge applied in credit risk contexts.
• Exceptional ability to clean and interpret large datasets, ensuring accuracy and integrity.
• Proven experience in delivering actionable insights and clear communication to both technical and non-technical audiences.
• Comprehensive understanding of model validation, stress testing, and credit risk frameworks.

To be considered for the role click the 'apply' button or for more information about this and other opportunities please contact Elsa Ambrosini on : [email protected] and quote the above job reference number.

Paxus values diversity and welcomes applications from Indigenous Australians, people from diverse cultural and linguistic backgrounds and people living with a disability. If you require an adjustment to the recruitment process, including the application form in an alternate format, please contact me on the above contact details.