Manager, Credit Models

What’s the role?

You'll be a trusted expert ensuring the integrity and accuracy of credit risk models. As part of Westpac’s Model Risk team, you’ll dive deep into retail and non-retail credit risk models, including A-IRB (PD/EAD/LGD), scorecards, provisioning, and stress testing. Your job? Validate and challenge these models to ensure they meet regulatory requirements and business needs. You’ll translate complex data into clear, actionable insights, shaping smarter risk decisions. This full-time Sydney-based role gives you the power to challenge credit risk models at scale.

What do I need?

• Proficiency in SAS, R, Python, SQL, and Excel, with expertise in data analytics, statistical modelling, and visualisation.
• A strong foundation in mathematics, statistics, or actuarial science, with specialised experience in credit risk modelling and validation.
• Exceptional stakeholder management and communication skills, capable of translating complex concepts into clear, actionable insights.
• A strategic mindset focused on continuous improvement, with a commitment to refining models, processes, and analytical approaches.
• Preferred experience across different credit risk model types.

Why join us?

We’re obsessed with becoming our customers #1 banking partner for life and we’re looking for people who are passionate about helping us achieve that goal. In return we’re committed to making Westpac the best place to work in the country. Here are just a few of the ways we’re already doing that:

• Special offers on banking products and discounts from top brands, including generous employee-only mortgage rates!
• Flexible work arrangements to help you achieve a greater work/life balance, and a variety of leave options including Culture, Lifestyle and Wellbeing leave.
• Tailored learning and development opportunities to help your grow your career within the bank.
• Lots of opportunities to ‘give back’ to the Community by getting involved in our many volunteering initiatives

Create your future today

To get started, simply click on the APPLY or APPLY NOW button

We’re all about creating a supportive and inclusive community. We welcome everyone – no matter your age, gender, background, or abilities. We also provide additional support to welcome our veterans, Indigenous Australians and neurodiverse community.

If you need any adjustments during the recruitment process, you can find out more information and additional contact details by visiting the "People with Disability and/or needing Accessibility Requirements" page on our website.