Job Description

Create your best future and join Westpac as a Senior Analyst - Enterprise Models, Model Risk

What’s the role?

You’ll join Westpac’s independent Model Risk team, where you’ll help review and challenge how enterprise‑wide models are designed, built and used across the Group. These models support critical areas such as capital, funding, liquidity, operational risk, conduct, compliance and financial crime.

In this role, you’ll carry out hands‑on model validations, looking closely at how models work in practice, from underlying logic and data through to implementation and documentation. You’ll work closely with model owners, risk partners and senior stakeholders across the bank, providing practical insights that support stronger risk management and regulatory confidence.

You’ll also help uplift validation approaches by contributing to tools, frameworks and, where needed, building challenger models to test and improve outcomes.

This is a 12‑month max-term contract, based in Sydney or Melbourne, with flexible work arrangements available.

What do I need?

To succeed in this role, you’ll bring strong analytical thinking and a practical approach to model risk, along with:

• Experience developing, reviewing or analysing quantitative or mathematical models.
• Confidence working with data and programming tools such as SQL, Python, R or SAS.
• The ability to clearly document findings and explain complex concepts to varied audiences.
• Strong critical thinking skills, with a constructive mindset when challenging assumptions.
• The ability to work independently while collaborating effectively with diverse stakeholders.

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