• Develop, implement, and continuously improve an end-to-end model governance framework
• Establish and maintain a comprehensive model inventory
• Develop and implement model lifecycle management covering conceptualization, development, validation, implementation, monitoring, and decommissioning
• Work with Data Governance, Product teams, Model Development, and Data Asset Managers
• Provide guidance and training on model governance policies, procedures, and best practices
• Champion a strong model governance culture
• Identify, assess, and monitor model risks and establish mitigating controls
• Ensure compliance with internal policies, APRA, BCBS 239, industry regulations, and audit requirements
• Facilitate internal and external model audits and address findings and recommendations
• Oversee independent model validation
• Establish and manage model performance monitoring, including performance, stability, and data quality reporting
• Define and track KPIs and KRIs for model governance effectiveness
• Ensure comprehensive model documentation covering purpose, assumptions, limitations, data sources, and methodologies
• Prepare model risk and governance status updates for senior management, governance groups, steering committees, and councils
• Mentor and guide junior resources and align cross-functional Equifax teams
Requirements
Bachelor's degree in a quantitative field such as Finance, Mathematics, Statistics, Economics, Computer Science, or a related discipline




Minimum 7–10 years of experience in model risk management, model governance, or model validation within a financial institution or highly regulated industry
Minimum 5–10+ years of experience in data science techniques
Deep understanding of credit risk modelling techniques
Ideally, specific data science model development experience across the credit lifecycle
Demonstrated experience developing and implementing model governance frameworks
Strong understanding of regulatory requirements related to model risk management
Excellent analytical and problem-solving skills with strong attention to detail
Solid understanding of model types including credit risk, market risk, operational risk, ALM, and pricing models
Proficiency in data analysis tools and programming languages such as Python, R, or SAS is a plus
Exceptional communication, interpersonal, and presentation skills
Strong project management and organisational skills, with ability to manage multiple priorities and deadlines
Ability to work independently and as part of a team in a quick‐paced environment
Data governance certifications are an advantage
Experience in Credit Risk roles in Banking, Finance, Telco,



or Utility sectors is advantageous
Experience in analytics and Responsible AI implementation and solutions
Experience mentoring or leading teams of model and data governance specialists or managers
Experience dealing with internal senior executives and external regulators
Core Competencies
Demonstrates expertise in developing and implementing model governance frameworks, ensuring compliance with regulatory requirements, and managing model risk within financial institutions.
Proficient in data analysis and model validation, with strong leadership and mentoring capabilities.
Highest-signal resume keywords
Model Governance Framework Development
Model Risk Management
Credit Risk Modelling Techniques
Data Analysis Tools (Python, R, SAS)
Regulatory Compliance (APRA, BCBS 239)
ATS Optimization Keywords
Hard Skills
Model Lifecycle Management
Model Performance Monitoring
Model Validation
Data Quality Reporting
KPI and KRI Tracking
Model Documentation
Data Science Techniques
Credit Risk Modelling
Analytical Skills
Problem-Solving Skills
Soft Skills
Communication Skills
Interpersonal Skills
Presentation Skills
Project Management Skills
Organizational Skills
Certifications & Qualifications
Data Governance Certifications
Industry Keywords
Financial Institution
Highly Regulated Industry
Credit Risk
Market Risk
Operational Risk
ALM
Pricing Models
Analytics
Responsible AI
Model Audits
#J-*****-Ljbffr

📌 Head Of Model Governance (Melbourne)
🏢 Jobtailor
📍 Melbourne