Work options: On-Site Offices based role in Melbourne & Sydney locations. This is an opportunity to join a high-impact program modernising and enhancing critical CCR and CVA capabilities across Treasury, TMO, and Risk functions. You’ll work at the intersection of Risk, Front Office, and Technology—leading enhancements, validating complex risk measures, and ensuring the bank can effectively manage Market, Credit, and CCR exposures with accuracy, speed, and stability. What You’ll Be Doing Lead enhancements and optimisation across CCR and CVA platforms to improve performance and usability. Drive functional testing and parallel runs to validate MTM differences and trade completeness between FO and Risk systems. Validate market and reference data across multiple asset classes (FI, Commodities, IR derivatives, Cap/Floor, Swaptions, etc.). Maintain and enhance CCR risk databases; build data lineage and integrity controls. Troubleshoot and analyse complex CCR issues including pricing, sensitivities, configurations, and market data. Own the end-to-end business requirements process—engage stakeholders, gather requirements, document thoroughly. Configure and validate CCR/CVA analytics, stress testing, back-testing and reporting. Support risk methodology improvements, model validations, and performance optimisation. Conduct impact analysis of key Risk metrics (e.g., Monte Carlo exposure calculations). Collaborate with cross-functional teams to ensure seamless integration of risk measures. Mentor junior team members and contribute to process automation and continuous delivery improvements. What You Bring 8 years as a Market Risk or Counterparty Credit Risk Business Analyst. Deep knowledge of CCR, CVA, risk models, FRTB, and key asset classes (MM, FI, FX, IR derivatives). Strong understanding of derivative pricing, option products, market data configuration and curve building. Proven experience configuring exposure calculations, netting agreements, CSAs, and risk computations. Strong business stakeholder engagement and experience validating key risk measures (VaR, Stress, etc.). Hands-on SQL skills using Oracle or SQL Server for data analysis and validation. Ability to explain risk measure differences across systems (e.g., Murex vs internal engines). Nice to Have Experience with Murex, Calypso, FIS or other OTC risk/FO platforms. Unix/Linux and scripting (Shell, Python). Exposure to GIT, CI/CD pipelines, and modern DevOps practices. Knowledge of Basel, FRTB and broader regulatory frameworks. Why Join? Work on a business-critical risk platform used across Treasury and Risk functions. Influence key CCR and CVA capabilities driving strategic decision-making. Join a high-calibre team with strong visibility and stakeholder impact. Opportunity to modernise risk processes, automate workflows, and improve analytics across the bank.