Job Description

Create your best future and join Westpac as a Senior Quantitative Analyst, Markets

What’s the role?

You’ll join Westpac’s Markets Model Risk team, where your work helps ensure the models used across Financial Markets, Risk and Treasury are robust, well‑understood and fit for purpose. In this role, you’ll independently assess valuation, risk and capital models across trading and banking books, covering interest rates, foreign exchange and commodities.

You’ll partner closely with a wide range of stakeholders, contributing to critical projects and clearly explaining complex modelling outcomes to senior leaders. Your work will support sound decision‑making and strong risk management across the Group, while giving you exposure to a broad range of products and market activity.

This is a permanent role based in Sydney, offering the chance to apply your technical expertise in a collaborative, high‑performing environment where quality and curiosity are valued.

What do I need?

You’ll bring strong quantitative capability and a practical mindset. To be successful, you’ll need:

• At least 4-5 years experience assessing or working with financial markets valuation, risk or capital models.
• A solid understanding of models related to interest rate, FX and derivative products.
• The confidence to challenge models and assumptions constructively.
• Clear communication skills, with the ability to explain complex topics simply.
• Programming experience in languages such as C++, R or similar.
• 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