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Sydney, New South Wales, Australia
Hybrid
The Model Development Chapter Area sits within the Capital & Provisioning Modelling Crew and is responsible for developing credit risk models and advanced analytics across the Group.
The team develops estimates for Probability of Default, Loss Given Default and Exposure at Default across retail credit portfolios. These models support regulatory capital calculations, provisioning and stress testing across CommBank, including RBS, Bankwest and ASB.
This is a specialist, highly regulated modelling environment where strong quantitative capability, sound judgement and clear stakeholder engagement help deliver better risk and business insights.
As a Manager, Credit Risk Modelling, you’ll lead the development, maintenance and enhancement of key retail credit risk models used across CommBank. This is a hands-on modelling role where you’ll apply advanced statistical techniques, work with R, Python and SQL, and contribute to model development initiatives that improve the quality, agility and efficiency of modelling outcomes.
You’ll partner with teams across the credit modelling lifecycle, including independent model validation, business unit risk teams and model users. While this role does not have direct reports, you’ll lead initiatives, guide project delivery and mentor analysts across the team.
In this role, you will:
You’ll be a strong quantitative modeller who enjoys solving complex problems, working with large datasets and applying sound judgement in a regulated environment. You’ll bring curiosity, rigour and the ability to explain technical concepts clearly to a range of stakeholders.
In summary, you will demonstrate:
At CommBank, we're committed to creating an accessible, inclusive and respectful workplace. If you require support or adjustments, please let us know. We welcome applications from people of all backgrounds and we're particularly committed to making a positive difference for Aboriginal and/or Torres Strait Islander Peoples. For support please contact 1800 989 696
If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.
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