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17

February

Manager, Model Validation

ANZ - Melbourne, VIC

Banking & Finance
Source: uWorkin

JOB DESCRIPTION

  • Build your career your way
  • An opportunity to be part of an innovative, collaborative, and high-performing team
  • Proactively work with different stakeholders


About The Role

Role Location- 839 Collins Street, Docklands VIC 3008

Role Type- Permanent - Full Time

The role is part of ANZ's Credit Model Validation & Insights (CMVI) team and focusses on the independent validation of both new and existing wholesale models for credit risk (AIRB), stress testing and provisioning (IFRS9) and operational risk.

Responsibilities include the review of wholesale rating, stress testing and provisioning models, engagement with stakeholders, providing ongoing feedback during the validation process as well as the development of model validation methodologies, tools, analysis and reports to support CMVI's model validation process.

The successful candidate should-
  • Deliver validation reports on time and at a high quality standard.
  • Highlight key risks at an early stage of model development / remediation projects.
  • Actively engage with stakeholders, including CMVI Senior Managers, Group Wholesale Modelling (GWM), Model Governance, Risk Systems Assurance (RSA), Technology and Business Unit Risk representatives, in order to achieve a high level of customer satisfaction by ensuring an effective validation process.
  • Adopt a pro-active communication engagement strategy to anticipate future business needs, keep stakeholders informed of validation outcomes, highlighting key risks in models and collaborating to formulate remediation actions.
  • Research and enhance model validation methodologies and document in CMVI Standards and Procedures. Ensure the use of appropriate and industry-accepted model validation methodology
  • Review of new and remediated wholesale rating models, stress testing models and provision models, while adhering to CMVI Standards & Procedures and relevant prudential standards and regulatory guidelines.
  • Apply quantitative knowledge to risk estimation and model building.
  • Work under tight schedules and consistently meet objectives.
  • Provide ongoing support to other CMVI streams globally.


About You

To be successful in this role, you will ideally bring the following-
  • Graduate/Post Graduate qualifications in statistics, econometrics, mathematics or any other quantitative discipline
  • Solid understanding of credit & rating processes and systems
  • Advanced skills in R and office tools including MS Excel and VBA. Understanding of SQL and databases
  • Experience to communicate and interact on a regular basis with stakeholders across all levels and to write reports that are well-structured, clear and concise
  • Knowledge and experience in credit modelling, risk grading and Capital Calculation (e.g. RWA & CP) and validation methodologies
  • Self-motivation, proactive and ability to work independently and collaboratively with team members across geographies/departments


About ANZ

At ANZ, everything we do boils down to ‘why’ - our purpose - to shape a world where people and communities thrive. We're just as focused on seeing our people thrive as well as our customers. We'll give you every opportunity to develop your career.

We are responding faster to changing customer requirements, focusing on the things that matter the most, energising our people, eliminating waste and reducing bureaucracy.

A happy workplace is a thriving one. So in order to attract and keep the best talent, and say thanks for the hard work, we make sure all our employees are rewarded.

ANZ recognises the value of an inclusive and diverse work environment. We take pride in the diversity of our people and encourage applications from diverse candidates. Our recruitment decisions are based on the key needs inherent requirements of each role, and candidates are selected based on their unique strengths and characteristics.

We work flexibly at ANZ. Talk to us and let us know how this role can be flexible for you.

To find out more about working at ANZ or to view other opportunities visit www.anz.com/careers. You may apply for this role by visiting ANZ Careers and search for reference number Taleo Job Code (AUS125540)