Quantitative Analyst
Bank of Queensland

Brisbane

Posted on: Wed Aug 2016

Job Description

BOQ is one of Australia's most dynamic and innovative financial institutions. One of Australia's top 150 listed companies, BOQ is a retail bank offering a network of more than 230 branches across Australia, 140 of which are operated under a unique Owner-Manager Model, an insurance group and a BOQ Finance division. The Bank of Queensland is committed to diversity and an inclusive workforce and with a growing range of business lines, with head offices in Brisbane, Sydney and Perth, BOQ offers real career opportunities.

The purpose of this role is to develop the Bank's credit risk models for both operational and capital purposes. The role will work with the manager of credit risk analytics in the delivery of the relevant credit risk models. Key duties will include:

  • Development of credit risk application and behavioral scorecards.
  • Development of PD, LGD, and EAD models.
  • Validating all scorecards, PD's, EAD, and LGD models in line with the Internal Model Risk Policy.
  • Ongoing development and monitoring of collective provision and regulatory reserve models.
  • Delivery of appropriate stress testing methodologies for credit risk portfolio.
  • Identifying potential data issues.
  • Executing model development/validation to a high quality.

Desired Skills and Experience

We seek a motivated analyst with the following experience and skills:

Experience

  • Up to 3 years in model development.
  • Preferred experience in retail credit risk.
  • SAS experience (desirable).
  • Experience in the banking industry (desirable).

Skills

  • Sound written and verbal communication skills.
  • Microsoft suite of products including Word, Excel, project, Visio, and PowerPoint.
  • Ability to analyse and interpret financial and statistical data and present it in a logical manner.
  • Committed and enthusiastic team player.
  • Demonstrated willingness and ability to learn.
  • Ability to manage and prioritise work without close supervision.

Applications

For more information contact Burton Wu on burton.wu@boq.com.au



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