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Permanent Full time
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Sydney Location
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Hybrid working model, 2-3 days in office
How will I help?
This is a key 2nd Line role that is responsible for supporting the credit stress testing execution for the annual Group and Industry Stress Testing.
Under the current operating model, this role has no direct reports but is required to work together with the Executive Manager Stress Testing Risk and Data and their direct reports to be responsible for:
• Support credit stress testing execution,
• Provide SME knowledge,
• Undertake portfolio deep dives, and
• Improve current processes.
Key Accountabilities include:
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Support the development of the plan for Stress Testing cycles and any ad hoc requests.
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Leading the calculation of the stress test results with a focus on credit outputs.
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Review of the data that has been collected.
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Review stress testing methodology for the credit component.
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Ensure that results are produced accurately and on a timely basis.
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Production of clear and concise reports of Stress Test Results in a timely manner.
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Interpret the results of sensitivity analysis and be able to explain these to various stakeholders
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Support Executive Manager and Head of Stress Testing as required.
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Drive continuous improvement activities in relation of production of Stress Test Credit Results.
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Deliver insights from stress testing results for key portfolios and industries to business users
What’s in it for me?
You’ll play a significant part of the future of a business that has been around for 200 years. Our purpose is to create better futures together. So, we’ll back you in the development of your career, internal career prospects, and flexible working. You’ll also keep learning to grow your career, backed by a fantastic team of people with a can-do, supportive structure.
Whatever shape your family takes, we offer generous paid and unpaid parental leave for your nominated primary and support carers. This includes leave to organise adoptions, surrogacy, and foster care arrangements. And we continue to pay your super contributions while you take all the time you need to get your new family settled.
What do I need?
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Knowledge of credit modelling and understanding of IFRS9 provisioning.
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Knowledge of financial markets, systems infrastructure and internal/external reporting.
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Regulatory / Industry Knowledge: At least 2-4 years’ experience in banking or financial services.
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Proven Experience: 3 years in coding in SAS/SQL, knowledge of R/Python is advantageous.
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Knowledge of climate risk stress testing and latest industry thinking would be advantageous.
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Ability to code in SAS and have a basic understanding of other quantitative coding languages.
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Risk Management: Being able to identify ahead of time the risks that may impact the stress test process and to put in action plans accordingly.
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Communication Skills: Excellent written, communication and stakeholder management skills working with internal stakeholders across multiple levels across the organisation.
What’s it like to work there?
We are a collaborative team of passionate people with a shared ambition to make a difference for our customers, our communities and each other. At Westpac, making a difference means creating impact, unlocking our own and each other’s passions, and transformative success stories to create better futures together.
As well as competitive remuneration and a great culture, joining the Westpac family gives you access to a wide range of
employee benefits
to help you manage your priorities - whether that means family life, work/life balance, ambition to grow or all the little perks in between.
We’ll empower you to shape your career path. Through personalised upskilling, mentoring, and training opportunities, you’re in control of where you start and how you’ll grow.
As an equal opportunity employer, we are proud to have created a culture and work environment that values diversity and flexibility – and champions inclusion.
Hear from some of
our people
and their experiences working with us.
How do I apply?
Start here. Just click on the
APPLY or
APPLY NOW button.
At Westpac, we’re all about creating a supportive culture and ensuring our workplaces, branches, products, and services are accessible and inclusive for everyone—our customers, employees, and the wider community. If you’re interested in discussing workplace flexibility, please feel free to mention it in your application.
We invite candidates of all ages, genders, sexual orientation, cultural backgrounds, people with disability, neurodiverse individuals, veterans and reservists, and Indigenous Australians to apply. If you have questions about the recruitment process, please email
talentacquisition@westpac.com.au
.
Do you need reasonable adjustments during the recruitment process?
We can provide reasonable adjustments for individuals with disability and/or neurodiversity. If you require an adjustment to be made during the recruitment process at any stage, please email
talentacquisition@westpac.com.au
