Job Description
Full job description
About the Role
As a Senior Analyst – Quantitative Modelling, you will play a key role in supporting credit risk model development, monitoring, and the migration of modelling infrastructure into modern cloud-based environments. You will be responsible for leading the development and ongoing performance management of a range of credit risk models, including Probability of Default (PD), Loss Given Default (LGD), Exposure at Default (EAD), scorecards, and rating models, ensuring they are robust, fit-for-purpose, and analytically sound.
You will ensure that all models meet regulatory and internal governance requirements, including compliance with frameworks such as IFRS 9, Basel, and APRA standards. This role requires strong judgement and attention to detail, as you will contribute to regulatory submissions and actively engage in audit and assurance reviews, clearly articulating model methodologies, assumptions, and outcomes to internal and external stakeholders.
Collaboration is central to this role. You will work closely with stakeholders across risk, finance, and business units to effectively embed credit risk models into decision-making processes. Your ability to translate complex quantitative concepts into practical insights will be critical to enabling informed business outcomes.
In addition, you will build and maintain automated tools and dashboards to monitor model performance and support reporting within a cloud environment. You will also provide mentorship to junior team members, fostering capability uplift and knowledge sharing across the team while contributing to a strong and collaborative modelling culture.
About You
You bring a strong understanding of credit risk modelling techniques and the regulatory frameworks that underpin them, including IFRS 9, Basel, and APRA requirements. You have hands-on experience working with quantitative models and are comfortable using programming languages such as Python, R, SAS, and SQL to analyse data, develop models, and generate insights. You also hold a bachelor or postgraduate degree in a quantitative discipline such as Mathematics, Statistics, Data Science, Econometrics, Actuarial Science, or Engineering.
You are an effective communicator who can translate complex technical concepts into clear and compelling insights for both technical and non-technical audiences. You have intermediate to advanced data visualisation and storytelling skills, using tools such as R, Python, or Power BI to communicate model performance, drivers, and implications in a meaningful way.
You are passionate about mentoring others and driving innovation in risk analytics. You are enthusiastic about modernising modelling workflows by building and migrating tools and processes to scalable, cloud-based analytics platforms such as Databricks. Experience with Azure DevOps and Databricks is highly regarded, along with a collaborative mindset and a desire to continuously improve how risk models are developed, governed, and embedded in decision-making.
About us
BOQ Group is a truly unique group of challenger brands with a purpose – to provide a genuine alternative to Australian financial services for customers and employees.
Our family of brands (Bank of Queensland (BOQ), ME Bank, Virgin Money Australia, BOQ Specialist), each come with their own defined customer audience and brand personality, but share one goal – to build social capital through banking. That’s creating trust with customers, exploring staff potential and believing that tiny gestures and big ideas can change the world for communities.
BOQ Group’s inclusive vision is to foster a workspace that values and leverages difference and creates new possibilities, a place where our people feel confident to bring their best selves to work every day. We embrace difference and believe that our workforce should reflect the customers and communities that we serve.
In 2023, we successfully implemented an innovative Reconciliation Plan, driving positive change and promoting inclusivity across BOQ Group.
Our perks
At BOQ Group, we are passionate about creating an exceptional work environment that nurtures both your professional and personal growth.
Our comprehensive benefits package is designed to enhance your well-being, provide financial security, and foster a sense of community and inclusion. Here are just some of the fantastic perks you can enjoy as part of our team:
Flexible working arrangement - Balance your work and personal life with ease.
Discounted financial products - Enjoy exclusive rates on our financial services across the Group.
Salary sacrificing options - Maximise your take-home pay with our salary packaging options.
Paid parental leave with no minimum requirements - Spend quality time with your new family member without any worries.
Purchase additional annual leave - Need more time off? You can buy extra leave days.
Discounted private health insurance plan - Take care of your health with our special rates.
Employee Assistance Program (EAP) - Access confidential support for personal and professional challenges for you and your family
Access to employee network groups - Connect with peers through our First Nations Reconciliation, LGBTQIA+, Multicultural, Gender, Early Careers, and accessibility groups.
Pride in Diversity membership: We are proud members of Pride in Diversity and actively participate in the Australian Workplace Equality Index.
We are committed to creating a workplace where everyone feels valued and supported. Join us and be part of a company that truly cares about its people and community!
How to apply
To apply for this role, follow the links.
BOQ Group is committed to diversity and an inclusive workforce. Aboriginal and Torres Strait Islander People are encouraged to apply.
We celebrate, value and include people of all backgrounds, gender and expressions, sexualities, cultures, bodies and abilities. When you apply, you are welcome to tell us the pronouns you use and please let us know any reasonable adjustments you may need during the interview process.
If you are successful for a role with BOQ Group, it is a condition of employment that background screening is completed to ensure that the Bank complies with its obligations under the Anti-Money Laundering and Counter Terrorism Financing Act. These checks may include, but are not limited to identity, verification, reference checks, criminal background checks, immigration checks, verification of academic qualifications, bankruptcy checks.
Please no agency applications.
About the Role
As a Senior Analyst – Quantitative Modelling, you will play a key role in supporting credit risk model development, monitoring, and the migration of modelling infrastructure into modern cloud-based environments. You will be responsible for leading the development and ongoing performance management of a range of credit risk models, including Probability of Default (PD), Loss Given Default (LGD), Exposure at Default (EAD), scorecards, and rating models, ensuring they are robust, fit-for-purpose, and analytically sound.
You will ensure that all models meet regulatory and internal governance requirements, including compliance with frameworks such as IFRS 9, Basel, and APRA standards. This role requires strong judgement and attention to detail, as you will contribute to regulatory submissions and actively engage in audit and assurance reviews, clearly articulating model methodologies, assumptions, and outcomes to internal and external stakeholders.
Collaboration is central to this role. You will work closely with stakeholders across risk, finance, and business units to effectively embed credit risk models into decision-making processes. Your ability to translate complex quantitative concepts into practical insights will be critical to enabling informed business outcomes.
In addition, you will build and maintain automated tools and dashboards to monitor model performance and support reporting within a cloud environment. You will also provide mentorship to junior team members, fostering capability uplift and knowledge sharing across the team while contributing to a strong and collaborative modelling culture.
About You
You bring a strong understanding of credit risk modelling techniques and the regulatory frameworks that underpin them, including IFRS 9, Basel, and APRA requirements. You have hands-on experience working with quantitative models and are comfortable using programming languages such as Python, R, SAS, and SQL to analyse data, develop models, and generate insights. You also hold a bachelor or postgraduate degree in a quantitative discipline such as Mathematics, Statistics, Data Science, Econometrics, Actuarial Science, or Engineering.
You are an effective communicator who can translate complex technical concepts into clear and compelling insights for both technical and non-technical audiences. You have intermediate to advanced data visualisation and storytelling skills, using tools such as R, Python, or Power BI to communicate model performance, drivers, and implications in a meaningful way.
You are passionate about mentoring others and driving innovation in risk analytics. You are enthusiastic about modernising modelling workflows by building and migrating tools and processes to scalable, cloud-based analytics platforms such as Databricks. Experience with Azure DevOps and Databricks is highly regarded, along with a collaborative mindset and a desire to continuously improve how risk models are developed, governed, and embedded in decision-making.
About us
BOQ Group is a truly unique group of challenger brands with a purpose – to provide a genuine alternative to Australian financial services for customers and employees.
Our family of brands (Bank of Queensland (BOQ), ME Bank, Virgin Money Australia, BOQ Specialist), each come with their own defined customer audience and brand personality, but share one goal – to build social capital through banking. That’s creating trust with customers, exploring staff potential and believing that tiny gestures and big ideas can change the world for communities.
BOQ Group’s inclusive vision is to foster a workspace that values and leverages difference and creates new possibilities, a place where our people feel confident to bring their best selves to work every day. We embrace difference and believe that our workforce should reflect the customers and communities that we serve.
In 2023, we successfully implemented an innovative Reconciliation Plan, driving positive change and promoting inclusivity across BOQ Group.
Our perks
At BOQ Group, we are passionate about creating an exceptional work environment that nurtures both your professional and personal growth.
Our comprehensive benefits package is designed to enhance your well-being, provide financial security, and foster a sense of community and inclusion. Here are just some of the fantastic perks you can enjoy as part of our team:
Flexible working arrangement - Balance your work and personal life with ease.
Discounted financial products - Enjoy exclusive rates on our financial services across the Group.
Salary sacrificing options - Maximise your take-home pay with our salary packaging options.
Paid parental leave with no minimum requirements - Spend quality time with your new family member without any worries.
Purchase additional annual leave - Need more time off? You can buy extra leave days.
Discounted private health insurance plan - Take care of your health with our special rates.
Employee Assistance Program (EAP) - Access confidential support for personal and professional challenges for you and your family
Access to employee network groups - Connect with peers through our First Nations Reconciliation, LGBTQIA+, Multicultural, Gender, Early Careers, and accessibility groups.
Pride in Diversity membership: We are proud members of Pride in Diversity and actively participate in the Australian Workplace Equality Index.
We are committed to creating a workplace where everyone feels valued and supported. Join us and be part of a company that truly cares about its people and community!
How to apply
To apply for this role, follow the links.
BOQ Group is committed to diversity and an inclusive workforce. Aboriginal and Torres Strait Islander People are encouraged to apply.
We celebrate, value and include people of all backgrounds, gender and expressions, sexualities, cultures, bodies and abilities. When you apply, you are welcome to tell us the pronouns you use and please let us know any reasonable adjustments you may need during the interview process.
If you are successful for a role with BOQ Group, it is a condition of employment that background screening is completed to ensure that the Bank complies with its obligations under the Anti-Money Laundering and Counter Terrorism Financing Act. These checks may include, but are not limited to identity, verification, reference checks, criminal background checks, immigration checks, verification of academic qualifications, bankruptcy checks.
Please no agency applications.
💡 Quick Summary
Seeking a career-building opportunity? The Senior Analyst Quantitative Modelling position is now open for candidates interested in the Finance sector. This role in Abattoir offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Finance is a plus.