Overview
Salary Package + Bonus + Financial Benefits
At BOQ Group, we're transforming the way we think about risk—and we're looking for a Senior Manager, Quantitative Modelling to help lead the charge. Sitting within our Group Risk division and reporting to the Head of Risk Analytics and Modelling, this role is all about shaping the future of credit risk stress testing and collective provisioning across all our credit portfolios.
You'll be the go-to expert for designing and delivering stress testing frameworks, including those for emerging risks like climate change. You'll also lead the monthly collective provisioning process, ensuring our models are not only robust but also insightful and responsive to regulatory expectations. Collaboration is key here—you'll work closely with teams across Business, Finance, and Risk, as well as with external stakeholders like auditors, regulators, and validators. And with a small team of analysts reporting to you, your leadership will help shape the next generation of talent in this space.
This is a role for someone who thrives in complexity, enjoys solving problems with data, and is passionate about making a meaningful impact in a highly regulated environment.
Responsibilities
Design and deliver stress testing frameworks for credit risk, including emerging risks such as climate change.
Lead the monthly collective provisioning process, ensuring models are robust, insightful, and align with regulatory expectations.
Collaborate with Business, Finance, and Risk teams, as well as external auditors, regulators, and validators.
Lead a team of analysts and contribute to developing talent within the function.
Qualifications
More than eight years of experience in credit risk, stress testing, and collective provisioning (or similar roles).
Robust foundation in mathematical and statistical modelling.
Proficiency with SQL, SAS, R, Python, and version control platforms such as Git or Bitbucket.
Ability to connect technical modelling with business context and to communicate complex concepts to non-technical stakeholders.
Demonstrated leadership experience, collaboration, and a proactive, hands-on approach.
Experience with IFRS9, Basel, or APRA standards is a plus.
About BOQ Group
BOQ Group is a group of challenger brands with a purpose – to provide a genuine alternative to Australian financial services for customers and employees. Our brands (Bank of Queensland, ME Bank, Virgin Money Australia, BOQ Specialist) each serve distinct audiences but share a common goal: to build social capital through banking. We value inclusion and aim to reflect the communities we serve. Since 2021, BOQ Group has been recognised as an Employer of Choice for Gender Equality by the Workplace Gender Equality Agency (WGEA).
Benefits
Flexible working arrangement
– Balance your work and personal life.
Discounted financial products
– Exclusive rates across the Group.
Salary sacrificing options
– Maximise take-home pay.
Paid parental leave
– No minimum requirements.
Purchase additional annual leave
– Buy extra leave days.
Discounted private health insurance
– Special rates.
Employee Assistance Program (EAP)
– Confidential support for you and your family.
Employee networks
– Access to diverse networks and groups.
Pride in Diversity
– Member and participation in related initiatives.
BOQ Group is committed to diversity and inclusion. Aboriginal and Torres Strait Islander people are encouraged to apply. We may request background screening in line with legal and regulatory requirements.
How to Apply
To apply for this role at BOQ Group, please follow the links or apply via our Careers Page.
We celebrate, value and include people of all backgrounds, genders and expressions, sexualities, cultures, bodies and abilities. When you apply, you may indicate your pronouns and any reasonable adjustments you may need during the interview process.
Please no agency applications.
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📌 Senior Manager Quantitative Modelling
🏢 @
📍 Melbourne