Senior Manager, Credit Modelling

About the role

Macquarie Group is looking for a Senior Manager to join its Credit Modelling team in Sydney. The role leads all aspects of Provisioning and Stress Test Modelling for the organisation, within the Risk Management Group, which centrally reviews and challenges the bank's material risks.

Key responsibilities

• Lead the development, validation and ongoing enhancement of a broad suite of credit risk models, including credit scoring, impairment, stress testing and collections models
• Ensure models remain robust, effective and fit for purpose
• Oversee compliance with regulatory frameworks and internal governance, including IRB, IFRS 9 and ICAAP
• Mentor and develop a team of quantitative and risk modelling specialists
• Translate complex analytical insights into clear, actionable recommendations for senior leaders and business stakeholders
• Shape the future direction of the bank's credit risk modelling capabilities

Required profile

• Advanced degree in a quantitative discipline such as Mathematics/Statistics, Actuarial, Engineering or Computer Science
• Extensive experience in IRB and IFRS 9 model development, and in ICAAP and other regulatory stress tests
• 10+ years of experience in financial services, preferably in investment banking
• Knowledge of financial market products, market conventions and regulatory requirements
• Good knowledge of numerical methods, stochastic calculus and probability theory
• Strong communication and stakeholder management skills; tenacity and flexibility

Required skills

• Programming skills in R, Python and SQL preferred
• Ability to work autonomously and collaboratively while managing several activities at once

What we offer

• Wellbeing leave (one day per year) and up to five additional service bonus leave days
• Paid parental leave and gender affirmation leave, plus volunteer leave and donation matching
• Employee Assistance Program and wellbeing benefits
• Salary packaging options and learning and development opportunities
• Hybrid and flexible working arrangements, dependent on role, and reimbursement for work-from-home equipment