Remote Opportunity

Senior Manager Credit Model Validation

Join Commonwealth Bank as a senior professional working remotely from Australia. Explore the role, benefits, and apply in one place.

Full Time
$120,000 - $180,000*
1 months ago
Australia
Model Risk Management & Validation
Senior
Model Validation
Python
SQL
+1 more

Job Description

Do work that matters

As a Senior Manager in our Credit Model Validation team, you’ll join a talented group of credit risk modelling experts, driving excellence in model validation.

You’ll play a key role in shaping the future of our credit models, ensuring best practice and alignment with our customer and regulatory expectations.

As part of a highly skilled quantitative team serving all lending businesses across the CBA Group, you will lead critical validation projects for credit risk models. You will also help shape and deliver strategic initiatives that strengthen modelling frameworks and uplift the agility and efficiency of validation activities.

This will be a permanent full-time opportunity.

See yourself in our team

As a key member within the Credit Model Validation chapter, you will lead technical validation activities, deploy advanced analytical methods and tools, and reinforce strong risk management practices throughout the entire model lifecycle. You will deliver comprehensive validation reviews from end to end, mentor and develop team members, and play a pivotal role in enhancing our validation frameworks and methodologies. You will set high standards of technical excellence, exercise sound judgement, and foster strong, effective engagement with stakeholders across the Group.

Your core responsibilities will include

  • Model Validation & Technical Leadership – Lead the design and execution of comprehensive validation plans assessing data quality, modelling methodologies, model performance and regulatory compliance.
  • Stakeholder Engagement – Engage proactively with model developers/owners, business stakeholders, auditors and regulators to communicate findings, risks, and recommendations. Present insights to internal technical forums, governance committees and/or regulatory meetings.
  • Strategic Transformation & Continuous Improvement – Drive strategic transformation and continuous improvement in the validation function, streamlining workflows, uplifting validation methodologies, and enhancing the quality, consistency and efficiency of validation outcomes.
  • Team Leadership & Mentorship – Provide mentorship and leadership to team members, cultivate a collaborative and inclusive environment, and advocate for the adoption of advanced analytics tooling and high-quality communication standards.

We are interested in hearing from people who have

  • Extensive experience (7+ years) in developing and/or validating a wide range of credit risk PD/LGD/EAD models across different portfolios (in both retail and non-retail) and applications (including AIRB regulatory capital, loan loss provisioning and stress testing).
  • A deep understanding of credit risk modelling practices and regulatory requirements is essential.
  • Strong quantitative and statistical capability, with excellent analytical judgement and the ability to challenge assumptions constructively.
  • Excellent stakeholder management and communication skills, with experience presenting technical findings to senior audiences and ability to translate complex technical concepts into clear, accessible language for non‑technical stakeholders.
  • Proven ability to supervise and mentor junior quantitative analysts and lead technical workstreams to successful outcomes.
  • Degree in Statistics, Mathematics, Data Science, Physics, Engineering, Computer Science, Actuarial Studies, or related field.
  • Proficient in coding languages such as R/SQL/Python.

Why join us?

  • Work on high impact models that shape credit decisions, loan loss provisions and regulatory capital outcomes for Australia’s largest bank.
  • Drive meaningful change by ensuring models are robust and aligned with regulatory expectations.
  • Be part of a team that values intellectual curiosity, technical rigor and forward-thinking ideas.
  • Enjoy access to flexible working options, career development pathways and industry-leading learning opportunities.

Working with us

At CommBank, we advocate and facilitate a culture of inclusion and respect, celebrating all cultures, abilities, genders, expressions of gender and sexual orientation. Read more about our commitment to inclusion and diversity. Our people bring their diverse backgrounds and unique perspectives to build a respectful, inclusive, and flexible workplace. One where we’re driven by our values, and supported to share ideas, initiatives, and energy. One where making a positive impact for customers, communities and each other is part of our every day.   

We’re committed to being an accessible employer and want to make finding your dream job as easy as possible. If you experience any accessibility issues or if you require additional support, please contact HR Direct. We support our people with the flexibility to balance where work is done with a hybrid approach of at least half your time each month connecting in office. We also have many other flexible working options available including changing start and finish times, part-time arrangements and job share to name a few. Talk to us about how these arrangements might work for you. 

Here, you’ll thrive. You’ll be supported when faced with challenges and empowered to tackle new opportunities. We’re hiring talent from across all of Australia and have opened technology hubs in Melbourne and Perth. We really love working here, and we think you will too.

Apply Now to live your best life, by doing your best work with us!

If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.

We're aware of some accessibility issues on this site, particularly for screen reader users. We want to make finding your dream job as easy as possible, so if you require additional support please contact HR Direct on 1800 989 696.

Advertising End Date: 09/03/2026

Requirements

  • 7+ years of experience in developing and/or validating credit risk models
  • Deep understanding of credit risk modeling practices and regulatory requirements
  • Ability to lead technical validation activities and deploy advanced analytical methods and tools
  • Strong risk management practices throughout the entire model lifecycle
  • Effective engagement with stakeholders across the Group

Benefits

  • Health Insurance
  • Dental Insurance
  • Disability Insurance
  • Employee Assistance Program
  • Flexible Hours
  • Gym Membership
  • Paid Time Off
  • Remote Work

Skills

Model Validation
Python
SQL
Credit Risk Modeling

About AI-Estimated Salary

The salary range shown was not provided by the employer. Our AI has estimated it based on the job title, required experience, location, and industry standards (confidence: 80%). This estimate should be used as a general guide only and may not reflect the actual compensation. Always confirm salary details directly with the employer during the application process.

Ready to Apply?

Join Commonwealth Bank today

Salary Range (AI-Estimated)*
$120,000 - $180,000
80% confidence
Posted 1 months ago

More Model Risk Management & Validation roles you might like

Discover similar opportunities from companies that are also hiring remotely.

Full Time
$80,000 - $140,000*
2 days ago
Germany
Worldwide
Model Risk Management & Validation
Mid
Model Validation
Risk Management
Model Development
+5 more
Full Time
$108.75k - $200k
2 days ago
United States
Model Risk Management & Validation
Senior
Quantitative models
Risk Management
Model Risk Management
+4 more
Full Time
PLN 9.6k - PLN 18k
5 days ago
Worldwide
Model Risk Management & Validation
Senior
Python
VBA
Data Analytics
+4 more

Explore more remote openings

Browse fresh listings from our global community of remote-friendly teams.

Full Time
$228.911k - $471.286k
1 day ago
Worldwide
AI Compliance & Legal
Senior
AI
Machine Learning
Data
+4 more
Full Time
$120,000 - $180,000*
1 day ago
Worldwide
AI Security & Privacy
Senior
Python
Adversarial Machine Learning
Enterprise Security Architecture
+5 more
Full Time
$120,000 - $180,000*
1 day ago
Worldwide
AI Security & Privacy
Senior
Python
Adversarial Machine Learning
Enterprise Security Architecture
+5 more
Full Time
$120,000 - $180,000*
1 day ago
Worldwide
AI Governance & Programs
Senior
Python
Node.JS
Go
+3 more
Full Time
$147k - $211k
1 day ago
Worldwide
AI Governance & Programs
Senior
C++
API design
Stubby
+3 more
Full Time
$80,000 - $140,000*
1 day ago
Worldwide
AI Risk & Controls
Mid
Data Analysis
Risk Assessment
Automation
+2 more
Full Time
$120,000 - $180,000*
2 days ago
Worldwide
AI Governance & Programs
Senior
Python
Machine Learning
Data Analysis
+4 more
Full Time
$120,000 - $180,000*
2 days ago
United Kingdom
Worldwide
AI Governance & Programs
Senior
Cloud
AI
API
+3 more
Full Time
$100,000 - $150,000*
2 days ago
Worldwide
AI Governance & Programs
Senior
AI
Data governance
Regulatory Compliance
+5 more
Full Time
$120,000 - $180,000*
2 days ago
Canada
Worldwide
AI Governance & Programs
Senior
AI
Machine Learning
Risk Management
+3 more
Full Time
$229.9k - $262.4k
2 days ago
United States
Worldwide
AI Governance & Programs
Senior
Python
Machine Learning
Cloud Computing
+3 more
Full Time
$120,000 - $180,000*
2 days ago
Worldwide
AI Governance & Programs
Senior
Generative AI
LLMs
prompt engineering
+5 more
Full Time
$108k - $185k
2 days ago
United States
Worldwide
AI Compliance & Legal
Senior
Artificial Intelligence
Generative AI
Machine Learning
+3 more
Full Time
$98.16k - $159.27k
2 days ago
United States
AI Security & Privacy
Senior
Azure Security Engineer
Microsoft Cybersecurity Architect
CISSP
+4 more
Full Time
$120,000 - $180,000*
2 days ago
Worldwide
AI Governance & Programs
Senior
Data security & privacy
Access control and permissions
API integrations
+5 more
Full Time
$120,000 - $180,000*
2 days ago
Worldwide
AI Governance & Programs
Senior
AWS
Azure
GCP
+5 more
Contract
$120,000 - $180,000*
4 days ago
Worldwide
AI Governance & Programs
Senior
ISO/IEC 42001
AI Lifecycle Governance
Data governance
+4 more
Contract
$120,000 - $180,000*
4 days ago
Worldwide
AI Governance & Programs
Senior
ISO/IEC 42001
Audit Methodology
Artificial Intelligence Management Systems
+1 more
Full Time
$102.8k - $210.2k
4 days ago
Worldwide
AI Compliance & Legal
Senior
Data Analysis
Business Analysis
Data Management
+5 more
Full Time
$197.4k - $246.75k
4 days ago
Worldwide
AI Governance & Programs
Senior
Machine Learning
Generative AI
Python
+5 more
Full Time
$149.084k - $218.657k
4 days ago
Worldwide
AI Security & Privacy
Senior
AI/ML systems
Governance
Model Risk Management
+5 more
Full Time
$80,000 - $160,000*
4 days ago
Worldwide
AI Governance & Programs
Senior
AI
Machine Learning
Data Science
+5 more
Full Time
$80,000 - $160,000*
4 days ago
Worldwide
AI Governance & Programs
Senior
Pharmacy
Retail Operations
Customer Service
+5 more
Full Time
$80,000 - $160,000*
4 days ago
Worldwide
AI Governance & Programs
Senior
Pharmacy
Retail Operations
Customer Service
+5 more
Full Time
$120,000 - $180,000*
4 days ago
Canada
Worldwide
AI Governance & Programs
Senior
Data governance
AI Governance
Risk Management
+3 more
Full Time
$120,000 - $180,000*
5 days ago
Worldwide
AI Governance & Programs
Senior
Model Validation
Quantitative Analytic Modeling
Risk Management
Full Time
$120,000 - $180,000*
5 days ago
United Kingdom
Worldwide
AI Governance & Programs
Senior
Responsible AI
AI Governance
Risk Management
+5 more
Full Time
$175.1k - $334.75k
5 days ago
United States
Worldwide
AI Security & Privacy
Senior
AI Security
Machine Learning
Cloud Infrastructure
+4 more
Full Time
$102.8k - $210.2k
5 days ago
Worldwide
AI Compliance & Legal
Senior
Data Analysis
Business Analysis
Data Management
+5 more
Full Time
$120,000 - $180,000*
5 days ago
Worldwide
AI Risk & Controls
Senior
Model Validation
Model Risk Management
Machine Learning
+2 more
Full Time
$87.7k - $157.8k
5 days ago
Worldwide
AI Governance & Programs
Senior
API
Risk Management
Compliance
+5 more
Full Time
CAD 61.6k - CAD 113.9k
5 days ago
Canada
Worldwide
Model Risk Management & Validation
Senior
Credit Risk Models
Stress Testing
Loss Forecasting
+4 more
Full Time
$120,000 - $180,000*
5 days ago
United Kingdom
Worldwide
AI Governance & Programs
Senior
Responsible AI
AI Ethics
AI Security
+5 more
Full Time
$120,000 - $200,000*
5 days ago
United Kingdom
Worldwide
AI Governance & Programs
Senior
Responsible AI
AI Ethics
AI Compliance
+5 more
Full Time
$120,000 - $180,000*
5 days ago
United Kingdom
Worldwide
AI Governance & Programs
Senior
AI
Machine Learning
Data Science
+4 more
Full Time
PLN 9.6k - PLN 18k
5 days ago
Worldwide
Model Risk Management & Validation
Senior
SAS MRM
Python
VBA
+4 more