Please reach out if you are looking to take the next step in your career with a leading Australian Bank.

Open to candidates at a Senior Analyst, Manager, and Senior Manager level.

Quantitative positions in a leading bank focused on CCR, xVA, SIMM and Pricing models.

• Leading Australian Bank
• Market Leading Remuneration on Offer
• Hybrid Working Environment

This position is open to candidates based in Sydney, Melbourne or Brisbane, and offers a flexible, hybrid working environment.

As the incumbent, you will join this leading Australian Bank with international exposure as a member of their Model Risk function that focuses on the validation of models used for Counterparty Credit Risk, Valuation Adjustments, Standardised Initial Margin Model, and other valuation pricing models utilised by the trading domain.

In doing so, you will ensure adherence with internal policies and external regulations both domestically and those that impact the institution's international entities.

This position is best suited to a candidate with exposure to CCR, xVA, SIMM and/ or Pricing Models.

Responsibilities:

• Perform independent validation of models associated with Counterparty Credit Risk, Valuation Adjustments, Standard Initial Margin Model, and Valuation Pricing models utilised in trading activities.
• Challenge models' scope of application, implementation, data and documentation ensuring adherence to internal policies as well as domestic and international regulatory requirements.
• Communicate Risk Management outcomes with senior stakeholders.
• Upskill and mentor team members in statistical techniques, stochastic models, programming fluency and/ or documentation.

Requirements:

• Excellent tertiary qualifications in an Applied Mathematical discipline e.g. Engineering, Physics, Statistics, Mathematics or equivalent.
• At least 2 years' experience within the Quantitative domain with exposure to CCR, xVA, and/ or SIMM.
• Technical proficiencies in R, Python or C++.
• Exposure to Commodities (advantageous).

For further information about these positions, please contact Olivia on 0409 356 856, email your CV to [email protected] or simply click APPLY.