Australia Job Openings
Bank of Queensland
Senior Analyst Model Validation
Brisbane
September 23, 2024
About the Role
Are you ready to take your career to the next level? As a Senior Analyst at BOQ Group, you’ll be at the heart of our mission to ensure the integrity and accuracy of our models. This isn’t just any role, it’s a chance to make a real impact across multiple facets of our business including Group Risk, Finance, Treasury, Retail Banking and Business Banking.
The Senior Analyst supports the Senior Manager to validate BOQ Group’s models and ensure they meet our high standards. Innovate and create cutting-edge tools that will streamline our validation processes. Lead and inspire by conducting walkthroughs of key processes and models, identifying risks, and proposing innovative solutions. Dive into data, extracting and analysing information from key systems to support your findings. Think outside the box to identify and implement pragmatic alternative modelling approaches and assumptions. Collaborate and connect with business units including Credit Risk, Treasury Finance and more. Educate and empower business partners about their responsibilities with well-defined validation approaches and tests. Provide coaching and mentoring to staff developing and maintaining models, helping them excel in their roles. Build relationships by fostering trusted and productive connections with both internal and external stakeholders.
About you
You’ll be a validation whiz with experience in Credit Risk modelling. Expertise in Market Risk modelling, Balance Sheet Management, Stress Testing and other relevant disciplines is also highly valued. And while experience in model validation or model risk is a plus, we also welcome candidates from model development, consulting or internal audit backgrounds. A Bachelor’s degree in Engineering, Finance, Physics, Actuarial Studies, Mathematics or Economics is required, and a postgraduate degree in similar subjects is desirable, as are CFA or FRM qualifications.
You must have strong quantitative, analytical, and problem-solving skills. Coding experience in at least one of VBA, Python, C++, R, SAS or SQL, as well as advanced Excel skills, is essential. The ability to grasp and explain both quantitative and qualitative risk management concepts is crucial along with a keen attention to detail and a proactive approach to checking the accuracy of your work, and you must be able to explain technical concepts to non-technical stakeholders effectively.
About Us
BOQ Group is a truly unique group of challenger brands with a purpose – to provide a genuine alternative to Australian financial services for customers and employees.
Our family of brands (Bank of Queensland (BOQ), ME Bank, Virgin Money Australia, BOQ Specialist), each come with their own defined customer audience and brand personality, but share one goal – to build social capital through banking. That’s creating trust with customers, exploring staff potential and believing that tiny gestures and big ideas can change the world for communities.
BOQ Group’s inclusive vision is to foster a workspace that values and leverages difference and creates new possibilities, a place where our people feel confident to bring their best selves to work every day. We embrace difference and believe that our workforce should reflect the customers and communities that we serve.
Since 2021, BOQ Group is recognised as an Employer of Choice for Gender Equality by the Workplace Gender Equality Agency (WGEA).
In 2023, we successfully implemented an innovative Reconciliation Plan, driving positive change and promoting inclusivity across BOQ Group.
Our Benefits
How to Apply
To apply for this role at #boqgroup #grouprisk, follow the links or apply via our Careers Page.
BOQ Group is committed to diversity and an inclusive workforce. Aboriginal and Torres Strait Islander People are encouraged to apply.
We celebrate, value and include people of all backgrounds, gender and expressions, sexualities, cultures, bodies and abilities. When you apply, you are welcome to tell us the pronouns you use and please let us know any reasonable adjustments you may need during the interview process.
If you are successful for a role with BOQ Group, it is a condition of employment that background screening is completed to ensure that the Bank complies with its obligations under the Anti-Money Laundering and Counter Terrorism Financing Act. These checks may include, but are not limited to: identity, verification, reference checks, criminal background checks, immigration checks, verification of academic qualifications, bankruptcy checks.
Please no agency applications.
Job Reference: BOQ04043
Are you ready to take your career to the next level? As a Senior Analyst at BOQ Group, you’ll be at the heart of our mission to ensure the integrity and accuracy of our models. This isn’t just any role, it’s a chance to make a real impact across multiple facets of our business including Group Risk, Finance, Treasury, Retail Banking and Business Banking.
The Senior Analyst supports the Senior Manager to validate BOQ Group’s models and ensure they meet our high standards. Innovate and create cutting-edge tools that will streamline our validation processes. Lead and inspire by conducting walkthroughs of key processes and models, identifying risks, and proposing innovative solutions. Dive into data, extracting and analysing information from key systems to support your findings. Think outside the box to identify and implement pragmatic alternative modelling approaches and assumptions. Collaborate and connect with business units including Credit Risk, Treasury Finance and more. Educate and empower business partners about their responsibilities with well-defined validation approaches and tests. Provide coaching and mentoring to staff developing and maintaining models, helping them excel in their roles. Build relationships by fostering trusted and productive connections with both internal and external stakeholders.
About you
You’ll be a validation whiz with experience in Credit Risk modelling. Expertise in Market Risk modelling, Balance Sheet Management, Stress Testing and other relevant disciplines is also highly valued. And while experience in model validation or model risk is a plus, we also welcome candidates from model development, consulting or internal audit backgrounds. A Bachelor’s degree in Engineering, Finance, Physics, Actuarial Studies, Mathematics or Economics is required, and a postgraduate degree in similar subjects is desirable, as are CFA or FRM qualifications.
You must have strong quantitative, analytical, and problem-solving skills. Coding experience in at least one of VBA, Python, C++, R, SAS or SQL, as well as advanced Excel skills, is essential. The ability to grasp and explain both quantitative and qualitative risk management concepts is crucial along with a keen attention to detail and a proactive approach to checking the accuracy of your work, and you must be able to explain technical concepts to non-technical stakeholders effectively.
About Us
BOQ Group is a truly unique group of challenger brands with a purpose – to provide a genuine alternative to Australian financial services for customers and employees.
Our family of brands (Bank of Queensland (BOQ), ME Bank, Virgin Money Australia, BOQ Specialist), each come with their own defined customer audience and brand personality, but share one goal – to build social capital through banking. That’s creating trust with customers, exploring staff potential and believing that tiny gestures and big ideas can change the world for communities.
BOQ Group’s inclusive vision is to foster a workspace that values and leverages difference and creates new possibilities, a place where our people feel confident to bring their best selves to work every day. We embrace difference and believe that our workforce should reflect the customers and communities that we serve.
Since 2021, BOQ Group is recognised as an Employer of Choice for Gender Equality by the Workplace Gender Equality Agency (WGEA).
In 2023, we successfully implemented an innovative Reconciliation Plan, driving positive change and promoting inclusivity across BOQ Group.
Our Benefits
- Flexible working arrangements
- Discounted financial products
- Salary sacrificing options
- Paid parental leave with no minimum
- Purchase annual leave
- Discounted private health insurance plan
- Employee Assistance Program (EAP)
- Access to employee network groups focused on First Nations Reconciliation, LGBTQIA+, Multicultural, Gender, Early Careers and accessibility
- BOQ Group is a member of Pride in Diversity and a participating organisation in the Australian Workplace Equality Index
How to Apply
To apply for this role at #boqgroup #grouprisk, follow the links or apply via our Careers Page.
BOQ Group is committed to diversity and an inclusive workforce. Aboriginal and Torres Strait Islander People are encouraged to apply.
We celebrate, value and include people of all backgrounds, gender and expressions, sexualities, cultures, bodies and abilities. When you apply, you are welcome to tell us the pronouns you use and please let us know any reasonable adjustments you may need during the interview process.
If you are successful for a role with BOQ Group, it is a condition of employment that background screening is completed to ensure that the Bank complies with its obligations under the Anti-Money Laundering and Counter Terrorism Financing Act. These checks may include, but are not limited to: identity, verification, reference checks, criminal background checks, immigration checks, verification of academic qualifications, bankruptcy checks.
Please no agency applications.
Job Reference: BOQ04043
We regret to inform you that this job opportunity is no longer available as it has expired
New Job Alerts
Eastern Health
Clinical Risk Manager Medication Safety & Senior Pharmacist QUM
Box Hill
FULL TIME
November 19, 2024
View Job Description
Eastern Health
Deputy Clinical Director Spectrum
Richmond
FULL TIME
November 19, 2024
View Job Description
Epworth Healthcare
Senior Mental Health Intake Clinician - Psych / OT / SW / Mental Health Nursing
Camberwell
CONTRACT
November 19, 2024
View Job Description
Beacon Lighting
Full Time Lighting Designer / Sales Associate
Claremont
FULL TIME
November 19, 2024
View Job Description
Just Better Care
Registered Nurse/Package Manager
Richmond
PART TIME & CONTRACT
November 19, 2024
View Job DescriptionLooking for similar job?
ANZ Banking Group
Senior Business Banking Manager
Sydney
FULL TIME
September 23, 2024
View Job Description
Stantec
Senior GIS Analyst - Remote Sensing
Perth
FULL TIME & PART TIME & CONTRACT
September 23, 2024
View Job Description
PWC Australia
PwC Private Tax - Family Office - Senior Associate
Sydney
September 23, 2024
View Job DescriptionSee What’s New: Bank of Queensland Job Opportunities
Bank of Queensland
National Head of Agri and Regional Business
Brisbane
FULL TIME
November 4, 2024
View Job Description
Bank of Queensland
Organisational Development Specialist - Internal Talent
Brisbane
FULL TIME
November 1, 2024
View Job Description
Bank of Queensland
Risk Partner - Operational Resilience
Brisbane
FULL TIME
October 23, 2024
View Job DescriptionNew Job Alerts
Eastern Health
Clinical Risk Manager Medication Safety & Senior Pharmacist QUM
Box Hill
FULL TIME
November 19, 2024
View Job Description
Eastern Health
Deputy Clinical Director Spectrum
Richmond
FULL TIME
November 19, 2024
View Job Description
Epworth Healthcare
Senior Mental Health Intake Clinician - Psych / OT / SW / Mental Health Nursing
Camberwell
CONTRACT
November 19, 2024
View Job Description
Beacon Lighting
Full Time Lighting Designer / Sales Associate
Claremont
FULL TIME
November 19, 2024
View Job Description
Just Better Care
Registered Nurse/Package Manager
Richmond
PART TIME & CONTRACT
November 19, 2024
View Job Description