Closing date: 23 February

We’ve never been ‘just a bank’. Just like you should never be ‘just an employee’. We’re united in our belief that in banking, better can be bigger, and together we’re making it happen.

It starts here. With Bendigo Bank… and you.

We are embarking on a significant transformation of our risk function to build a more resilient and future-focused bank.  This is your opportunity to join our well-established Financial Risk Modelling (FRM) team, a collaborative group responsible for the development, monitoring, and management of the bank's quantitative risk models.

The Manager FRM you’ll play a pivotal role in developing, enhancing, and owning the bank's decision management, IRB, Collective Provisioning (CP), and Stress Testing (ST) models.  

Responsibilities include:

• Leveraging the Bank’s Internal Rating Based (IRB) models for AASB9 collective provisioning
• Governance & Documentation
• Develop, implement, and maintain PD, LGD, EAD and expected life models for IFRS 9 compliance and calculation of lifetime losses.
• Design and implement credit risk stress testing models for internal and external regulatory stress testing purposes.
• Review and expand on current model monitoring for AASB 9
• Develop dashboards with triggers to monitor model performance, discuss the results monthly with the senior management and committees.

Position description:  Manager FRM (CP and ST) Position Description.docx

This is a permanent position based out of one of our Head Offices. We offer flexible work options that put our people first, working in a hybrid model with a minimum local Head Office attendance requirement determined by your Leader and that balances connection and collaboration with the rhythm that works for you.

What you’ll bring to the role

• Minimum of 5 years of quantitative credit risk modelling experience within the banking industry
• Tertiary qualification in a relevant field (e.g. Economics, Engineering, Operations Research, Financial Mathematics, Statistics or Science), ideally with significant maths / statistical content
• Proven experience in statistical computing with software including SAS, R or Python
• Exceptional skills in report writing and presenting complex information to Senior Management, Executives, or Board-level audiences.
• Excellent communication, problem-solving, and stakeholder management skills
• Strategic mindset, attention to detail, and the ability to navigate a fast-paced environment.
• Exposure to Stress Testing and AASB 9 modelling will be plus

So, why work for us?

Want big impact that matters? Here, you’ll know your work directly benefits the customers and communities we all serve.

You’ll also get access to a great range of benefits, including:

• Flexibility means different things for different people. Whether it’s hybrid work, flexible hours, a compressed work week, job-sharing or something different, our flexible work options are designed to put people first
• Health and wellbeing support, including discounted gym memberships, private health insurance options, and our Employee Assistance Program (EAP) for you and your immediate family members
• Opportunities to take your learning to the next level through our corporate university ‘BEN U’ or at an external provider of your choice

We believe a diverse workforce supported by an inclusive culture is central to our success and we actively encourage applications from those who bring diversity of thought to our business. We support candidate requests for adjustment to accommodate an illness, injury, or disability to equitably participate in the selection process.

Still in two minds?

Research suggests 60% of women and underrepresented groups might stop here, even after getting as far as drafting an application. We believe that diversity makes every team stronger, so even if you don’t tick every box we still want to see your application!

We’re making better, bigger. And we’ll get there with you.

Now’s the time to set your sights even higher – on the future you and the future career you deserve.