Join to apply for the Analyst, Quantitative Modelling role at BOQ Group
Join to apply for the Analyst, Quantitative Modelling role at BOQ Group
Get AI-powered advice on this job and more exclusive features.
About The Role
We're looking for an Analyst to join our Quantitative Modelling team, part of the Market Risk, Credit Models & Insights function within Group Risk.
About The Role
We're looking for an Analyst to join our Quantitative Modelling team, part of the Market Risk, Credit Models & Insights function within Group Risk.
This role is ideal for someone looking to deepen their expertise in credit risk modelling while contributing to the development of tools and insights that shape decision-making across the bank.
You'll be involved in building and maintaining application and behavioural scorecards, as well as PD, LGD, and EAD models under IFRS9. You'll help design and implement automated dashboards and model monitoring frameworks, working with modern analytics platforms and cloud-based tools (Databricks). Your work will directly support regulatory compliance, audit readiness, and strategic risk initiatives.
This is a hands-on technical role with exposure to enterprise-scale modelling, offering a collaborative environment and opportunities to grow your skills in data science, credit risk modelling, and stakeholder engagement.
Key Responsibilities
* Develop and maintain credit risk models and scorecards (PD, LGD, EAD)
* Monitor model performance in line with internal risk policies
* Respond to regulatory changes and audit findings
* Identify and resolve data issues in modelling and reporting
* Maintain credit model management tools and documentation
About You
You're an early-career Analyst with some credit risk experience in credit risk modelling, validation, monitoring or analytics. You bring:
* A curious, detail-oriented mindset and eagerness to learn
* A bachelor or postgraduate degree in a technical or analytical discipline (Actuarial Science, Data Science, Business Analytics, Econometrics, Applied Statistics, Physics, Engineering, IT etc)
* A foundation in mathematical and statistical knowledge
* A genuine interest in data processing, modelling, and visualisation
* Enthusiasm for modernising modelling workflows by building and migrating tools/processes to a cloud-based analytics platform (Databricks), with a focus on scalability, efficiency, and collaborative development
* Experience with tools such as SAS, R, Python, SQL, and version control platforms like Git or Bitbucket
* Exposure to Power BI and cloud environments (e.g. Azure) is a plus
* Familiarity with IFRS9, Basel, and APRA standards is helpful but not essential.
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
At BOQ Group, we are passionate about creating an exceptional work environment that nurtures both your professional and personal growth. Our comprehensive benefits package is designed to enhance your well-being, provide financial security, and foster a sense of community and inclusion. Here are just some of the fantastic perks you can enjoy as part of our team:
* Flexible working arrangement - Balance your work and personal life with ease.
* Discounted financial products - Enjoy exclusive rates on our financial services across the Group.
* Salary sacrificing options - Maximise your take-home pay with our salary packaging options.
* Paid parental leave with no minimum requirements - Spend quality time with your new family member without any worries.
* Purchase additional annual leave - Need more time off? You can buy extra leave days.
* Discounted private health insurance plan - Take care of your health with our special rates.
* Employee Assistance Program (EAP) - Access confidential support for personal and professional challenges for you and your family
* Access to employee network groups - Connect with peers through our First Nations Reconciliation, LGBTQIA+, Multicultural, Gender, Early Careers, and accessibility groups.
* Pride in Diversity membership: We are proud members of Pride in Diversity and actively participate in the Australian Workplace Equality Index.
We are committed to creating a workplace where everyone feels valued and supported. Join us and be part of a company that truly cares about its people and community
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.
Seniority level
* Seniority level
Entry level
Employment type
* Employment type
Full-time
Job function
* Job function
Research, Finance, and Analyst
* Industries
Banking, Financial Services, and Business Consulting and Services
Referrals increase your chances of interviewing at BOQ Group by 2x
Sign in to set job alerts for "Analyst" roles.
Sydney, New South Wales, Australia 4 days ago
Sydney, New South Wales, Australia 1 month ago
Investment Banking - M&A - Analyst / Associate
Equity Research Associate – Multiple Sectors - Sydney based
Sydney, New South Wales, Australia 2 months ago
Operations Analyst, Amazon Business Operations
Sydney, New South Wales, Australia 2 weeks ago
Sydney, New South Wales, Australia 2 weeks ago
Sydney, New South Wales, Australia 3 weeks ago
Sydney, New South Wales, Australia 2 weeks ago
Sydney, New South Wales, Australia 3 weeks ago
Sydney, New South Wales, Australia 6 hours ago
North Sydney, New South Wales, Australia 3 weeks ago
Sydney, New South Wales, Australia 2 weeks ago
Sydney, New South Wales, Australia 3 days ago
Data Analyst, Product Solutions & Operations
Sydney, New South Wales, Australia 3 weeks ago
North Sydney, New South Wales, Australia 4 days ago
Millers Point, New South Wales, Australia 2 days ago
Sydney, New South Wales, Australia $75,000.00-$105,000.00 4 weeks ago
Sydney, New South Wales, Australia 1 month ago
Junior Business Analyst - Network Integrity
Sydney, New South Wales, Australia A$85,000.00-A$125,000.00 1 day ago
St Leonards, New South Wales, Australia 1 week ago
Financial Analyst, Regulatory & Treasury
Sydney, New South Wales, Australia 2 days ago
Sydney, New South Wales, Australia 2 weeks ago
Sydney, New South Wales, Australia 2 days ago
Business Process Analyst - 12-month Contract
North Sydney, New South Wales, Australia 3 days ago
We're unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr