This is a QRM Treasury Specialist role with Bank Australia based in Melbourne, VIC, AU Bank Australia Role Seniority - mid level More about the QRM Treasury Specialist role at Bank Australia Through the merger of Bank Australia and Qudos Bank we’re creating a better, stronger and more resilient bank for our customers and employees. As one company with two trusted brands, we’re building on the strong foundations of our history and shared values as we bring together the best of both banks. We are seeking an experienced QRM (Quantitative Risk Management) functional specialist to join our Treasury Team on a 12-month fixed-term contract. The QRM Treasury Specialist will play a crucial role in ensuring the effective implementation and utilisation of QRM solutions for managing financial risk. The ideal candidate will serve as a subject matter expert in implementing and maintaining QRM solutions, bridging the gap between business requirements and technical implementation to optimise our risk measurement and management capabilities while ensuring alignment with regulatory requirements and industry best practices. Why join us We have big plans to become Australia’s leading purpose-driven bank. As a certified B Corp, we’re part of a global business community who meet the highest social and environmental standards, balancing profit and purpose. Every role and person in our bank is essential to bringing our values, purpose and aspiration to life. We offer flexible working options, competitive salary and 14% super. Our staff have access to a range of meaningful benefits to support their physical and mental wellbeing including 24/7 free counselling, free flu vaccinations and discounted gym memberships. We also support staff with study assistance, paid parental leave (regardless of gender), volunteer, bereavement, gender affirmation and family violence leave; and the opportunity for bonus annual leave. We support our staff to grow their careers through learning and development and an organisational culture where we reward and recognise innovation and values, not long hours. We are committed to building an inclusive culture and a diverse workforce that reflects the Australian community. We care for a conservation reserve – where we work with key partner organisations to protect threatened species and involve staff in conservation. What you will be doing Lead the functional design and implementation of QRM solutions for financial risk management within Treasury, working closely with stakeholders to understand and document business requirements. Configure and maintain QRM modules, including Asset Liability Management (ALM), Funds Transfer Pricing (FTP), Liquidity and integrated Balance Sheet forecasting. Develop and maintain detailed functional specifications for customisations and integrations across QRM models. Provide expertise in banking risk concepts, including interest rate risk, liquidity risk, and balance sheet forecasting modelling. Conduct user training sessions and create documentation for QRM functionality and processes. Troubleshoot complex issues related to risk calculations, data integration, and system performance. Collaborate with technical teams to ensure proper system integration and data quality. Support user acceptance testing and validation of models and risk metrics. Stay current with regulatory requirements and banking risk management best practices. What you will bring Deep understanding of balance sheet dynamics, ALM principles, financial instruments, and interest‑rate behaviour. Proven capability in interpreting and embedding regulatory requirements (Basel III, APS117, APS210, stress testing) into risk systems. Hands‑on expertise with QRM change and implementation across ALM, FTP, IRRBB, liquidity, credit and capital, supported by strong analytical, documentation and project‑delivery skills. Advanced technical proficiency, including SQL, Excel, data structures, ETL processes, and validating large, complex datasets. Strong communication and stakeholder‑facing skills, with the ability to simplify complex risk concepts and collaborate effectively across teams. Even better if Experience with behavioural modelling, interest‑rate modelling, and risk reporting tools. A consulting mindset with the adaptability to thrive in evolving risk and regulatory environments. By submitting an application you agree to Bank Australia’s Privacy Policy for applicants and confirm that you are legally able to work in Australia. Bank Australia is an equal opportunity employer committed to sustainable development. We encourage people from different backgrounds to apply, including Aboriginal and Torres Strait Islander people, people from different cultural backgrounds and people with disabilities because we want to reflect the diversity of our communities. We are committed to making reasonable adjustments to provide a positive, barrier-free recruitment process and supportive workplace. Bank Australia reserves the right to withdraw this advertisement at any time. Candidates will be progressed as applications are received, rather than after the advertisement closure date. If you wish to be considered, please submit your application as soon as possible. Please note, the successful candidate will be subject to satisfactory background checks including but not limited to police and previous employment. Before we jump into the responsibilities of the role. No matter what you come in knowing, you’ll be learning new things all the time and the Bank Australia team will be there to support your growth. Please consider applying even if you don't meet 100% of what’s outlined Key Responsibilities Leading functional design ⚙️ Configuring QRM modules Conducting user training Key Strengths QRM expertise Technical proficiency ️ Communication skills Behavioural modelling Consulting mindset A Final Note: This is a role with Bank Australia not with Hatch.
