Market and Liquidity Risk Manager (8-Month Secondment)

About the role

CommBank's CommSec Line 2 Financial Risk team is looking for a Market and Liquidity Risk Manager for an 8-month secondment in Sydney CBD. You will support financial risk modelling, capital, analytics and oversight across the market and liquidity risk profile, strengthening risk measurement frameworks, stress testing, scenario analysis, risk appetite monitoring and model governance. The role offers broad exposure across market risk, liquidity risk, collateral adequacy, concentration risk, margin-related exposures and financial risk reporting.

Key responsibilities

• Contribute to the development and governance of financial risk models across market risk, liquidity risk, collateral coverage, stress testing and concentration risk.
• Improve how CommSec measures exposure to market movements, liquidity demands, client concentrations, collateral adequacy and margin requirements.
• Monitor key risk indicators, risk appetite metrics, early-warning indicators and limits, and identify improvement opportunities.
• Undertake stress testing and scenario analysis across portfolio, client, security and book-level exposures.
• Review and validate model assumptions, data quality, methodology choices and reporting outputs.
• Turn modelling outcomes into clear insights and recommendations for senior stakeholders and governance forums.
• Work with Technology and Data teams to improve automation, controls, data lineage and reporting infrastructure.
• Maintain documentation and support policy development, and build relationships with business stakeholders, Model Risk, Internal Audit and governance forums.

Required profile

• Experience in financial risk, quantitative analysis, treasury, market risk, liquidity risk or financial risk modelling is valuable.
• Experience in stress testing, scenario analysis, exposure modelling, collateral risk, concentration risk or liquidity-risk measurement is valuable.
• Experience preparing senior-level reporting, methodology papers, risk commentary or governance materials.
• Ability to communicate technical concepts to senior leaders or risk committees.
• Tertiary or postgraduate study in quantitative finance, statistics, mathematics, actuarial studies, economics, finance, engineering or a related discipline; equivalent practical experience is also welcomed.

Required skills

• Analytical programming languages such as Python, SQL, R or SAS are desirable but not essential.