Description Create your best future and join Westpac as a Senior Manager, Markets - Model Risk What’s the role? You’ll play a key role in how Westpac understands and manages model risk across Financial Markets and Treasury. Working within the Model Risk team, you’ll independently assess valuation, risk and capital models used across trading and banking books, covering products across rates, FX and commodities. This role is hands‑on and varied. You’ll review complex models, build and enhance independent validation tools, and clearly explain outcomes to senior stakeholders. You’ll also help shape strong model risk governance and support the development of junior team members, sharing your experience and judgement along the way. It’s a permanent role based in Sydney, offering exposure to a broad range of financial markets products and meaningful involvement in critical projects that matter to the bank and its customers. What do I need? To succeed in this role, you’ll bring strong technical capability and the confidence to challenge constructively. You’ll also have: At least 8-10 years experience assessing or working with financial markets valuation, risk or capital models. Solid understanding of interest rate risk, derivatives and market risk modelling concepts. Understanding regulatory standards i.e. APS111, APS116, APS117, CPS226, APS180. The ability to explain complex topics clearly to both technical and non‑technical stakeholders. Confidence engaging with senior leaders and influencing outcomes. Programming experience in languages such as C&43;&43;, R or similar, with a practical mindset. A tertiary qualification in a quantitative discipline. Why join us? We’re obsessed with becoming our customers' 1 banking partner for life and we’re looking for people who are passionate about helping us achieve that goal. In return, we’re committed to making Westpac the best place to work in the country. Here are just a few of the ways we’re already doing that: Special offers on banking products and discounts from top brands, including generous employee-only mortgage rates! Flexible work arrangements to help you achieve a greater work/life balance, and a variety of leave options including Culture, Lifestyle and Wellbeing leave. Tailored learning and development opportunities to help your grow your career within the bank. Lots of opportunities to ‘give back’ to the Community by getting involved in our many volunteering initiatives. Create your future today To get started, simply click on the APPLY or APPLY NOW button We’re all about creating a supportive and inclusive community. We welcome everyone – no matter your age, gender, background, or abilities. We also provide additional support to welcome our veterans, Indigenous Australians and neurodiverse community. If you need any adjustments during the recruitment process, you can find out more information and additional contact details by visiting the "People with Disability and/or needing Accessibility Requirements" page on our website .
