Manager – Credit Risk Model Validation
12-Month Fixed-Term Contract | Banking & Financial Services
Sydney, Melbourne, Brisbane or Adelaide | Flexible Working

An exciting opportunity has arisen for an experienced Credit Risk Model Validation professional to join a leading Australian financial institution on a 12-month fixed-term contract.
Working within an established Model Risk function, you will provide independent oversight and challenge across a broad portfolio of retail and non-retail credit risk models, including AIRB, provisioning, scorecards and stress testing.
This is an excellent opportunity to work on complex, business-critical models within a highly regarded team, engaging with senior stakeholders and contributing to the ongoing enhancement of model risk management practices.

The Role
Independently validate retail and non-retail credit risk models, including PD, EAD and LGD models.
Assess model methodologies, assumptions, data, coding, implementation and documentation.
Review credit scorecards, provisioning models and stress testing frameworks.
Identify model limitations,



challenge methodologies and provide clear, practical recommendations.
Prepare comprehensive validation reports and communicate findings to senior stakeholders.
Manage validation activities and provide technical guidance to other team members.
Contribute to improvements in model risk governance, validation methodologies and processes.

About You
Demonstrated experience in credit risk modelling or independent model validation within banking or financial services.
Strong knowledge of AIRB/IRB models, credit scorecards, provisioning and stress testing.
Sound understanding of APRA prudential standards, Basel requirements and IFRS 9.
Advanced quantitative and analytical skills, with experience using Python, R, SAS, SQL or similar tools.
12-month fixed-term opportunity with a leading financial institution.
Exposure to complex credit risk models and evolving regulatory requirements.
Chance to work with an experienced and collaborative Model Risk team.

Please email [email protected]

📌 Manager - Credit Model Validation (Sydney)
🏢 Ethos BeathChapman
📍 Sydney