Risk Analyst

Location: Melbourne
Reference: 2970669
Salary: $80,000 - $100,000
Geraint Cooper
Email: email Geraint
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Reporting to the Manager, Model Review, this exciting new role will provide you with the opportunity to apply your technical knowledge and experience within financial risk models to analyse and enhance credit, traded and/or non-traded market risk models. You are somebody who has quantitative modelling and validation experience 

What you’ll be doing…
  • Validation of medium material models used in the business. This includes stakeholder / model owner engagement, writing of a validation report, assigning a validation rating of models and negotiating remedial actions following a validation, etc.
  • Identification of business improvements in relation to models
  • Opportunity to provide a model risk advisory role to the business and add value through your independent review and challenge of existing models
  • Support the pipeline of model validation activity


What you will bring... 
  • Degree qualified within maths/statistics with 1-2 years’ experience in financial risk
  • Advanced excel capability, whilst experience/knowledge of Python, R, SAS or similar coding packages is advantageous
  • Ability to apply mathematical models for the assessment of risks. Knowledge of specific modelling fields advantageous (e.g. Credit Risk, Traded and/or Non-Traded Market Risk and/or Financial Modelling).
  • Ability to make sound recommendations for improvements to existing or new models based on analysis and findings
  • Prepares discussion papers and documents based on investigations & analysis
  • Ability to apply knowledge of business and regulatory drivers when developing models and analysing findings'

What's in it for you?

This is a fast growing organisation with lots of career opportunities and the ability to earn an excellent package.
To learn more and have access to a more complete job description listing the full responsibilities, please apply by sending your CV via the big button below or contact Geraint for a confidential discussion on (03) 8637 7370.