Westpac

Senior Quantitative Analyst –Prescriptive Models’ Validation

To become number one for customer service

  • Banking and Investment

  • Full-time

  • Office | Sydney, Australia

  • Visa sponsorship · No

  • Mid Level · A role for someone with some well-developed knowledge and skills they can bring to the role and team. Typically within 2-5 years of experience.

  • ·

Why Westpac

Westpac is Australia’s oldest bank and company, one of four major banking organisations in Australia and one of the largest banks in New Zealand. We provide a broad range of banking and financial services in these markets, including consumer, business and institutional banking and wealth management services.

Westpac Group's portfolio of financial services brands and businesses is focused on our purpose which is Helping Australians and New Zealanders Succeed. It’s what we do, who we are and why we come to work every day.

From ensuring individuals can save, transact and borrow with confidence, to supporting the financial needs of small businesses, multi-national corporates, institutional and government clients, our customers are at the centre of everything we do.

Through our unique portfolio of brands comprising Westpac, St.George, Bank of Melbourne, BankSA, BT and RAMS we support and serve over 13.9 million customers.

About the role

You will be part of the model risk management team that provides oversight, insight and control in relation to prescriptive models or critical calculations used across the bank. These prescriptive models cover many different risk classes including capital, funding and liquidity risk, credit, market, operational, conduct and compliance, financial crime risks and more. 

What you'll be responsible for

  • 📊

    Investment Model Management

    Monitor and maintain the performance of investment models, making changes as needed to meet the investment objectives and to manage risk

  • 🤝

    Collaborative Investment Strategy

    Collaborate with other investment professionals to gather information and make informed decisions

  • 🧮

    Mathematical Modeling

    Develop and use mathematical models and statistical techniques to analyze financial data and make investment decisions

Skills you'll need

  • 🧮

    Numerical problem solving

    Works with numerical information and performs mathematical calculations to solve problems

  • 💭

    Critical thinking

    Identifies and synthesizes patterns and trends amongst various sources of information to reach a meaningful conclusion, perspective or insight

  • 🔍

    Attention to detail

    Accurately identifies and rectifies discrepancies or errors that exists in information and deliverables

Meet the team

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Risk

Westpac

You will be part of the model risk management team that provides oversight, insight and control to models used across the bank.