Senior Manager - Model Risk Oversight

Worker Type:
Permanent
Here at BNZ, it's about more than just banking. We work together in an agile, energising environment to create innovative solutions through our promise "If you can imagine a better future, let's find a way."
We support wellbeing, flexible working and have a generous leave offering. There is the opportunity for growth, learning and career development. No two days are the same.
Ko mātou tēnei | This is Us
Here at BNZ, it's about more than just banking. We work together in an agile, energising environment to create innovative solutions though our promise "If you can imagine a better future, let's find a way."
We are looking for a Senior Manager - Model Risk Oversight to join our Non-retail Credit Modelling team. This role will oversee and manage model reviews to ensure they meet policies, standards and requirements.
Mō te Tūranga | About the Role
We sat down with our Head of Non-Retail Credit Modelling (who you'd report to), and he let us know the following about the role.
What are some day to day tasks the person in this role will complete?
Collaborate and engage with business stakeholders in the model development process to deliver high quality assurance.
Conduct walkthroughs of key processes and models, identifying risks, and proposing pragmatic solutions.
Assess model health and highlight issues, recommendations, and enhancements to new developments, changes, and model environments.
Manage the Quality Assurance programme.
Support enterprise model risk management practices, education, process framework improvements, escalation of issues, and model assurance activities to better manage model risk.
Refresh and maintain Operational Risk scenarios for Enterprise Stress Testing.
What are some of the skills that the successful candidate will bring to the role?
Strong quantitative, analytical, and problem-solving skills.
Experience in statistical and mathematical modelling techniques.
Advanced Excel skills and experience in at least one of: VBA, Python, R, SAS or SQL.
At least 7+ years risk, audit, or assurance experience.
A sound understanding of regulatory standards, risk management practices, and products and systems used in the financial services industry.
Strong interpersonal skills and the ability to explain technical concepts to non-technical stakeholders effectively.
Experience communicating findings and influencing senior management.
What is the most exciting thing about this opportunity?
This role enables you to work in a dynamic environment where you will have broad exposure to all bank systems and data. You will interact with NAB colleagues as well as have the opportunity to knowledge share across multiple disciplines.
Nau Mai ki te Pēke o Aotearoa | Come to the Bank of New Zealand
This is an exciting opportunity to join us! We're bold thinkers who are taking brave steps to create a company that people want to work for, and customers want to bank with. If you're ready to join a fun organisation where we are proud of our culture and how we are helping New Zealander's to 'Find their way', then show your interest by submitting your application - we can't wait to read it.
Ehara taku toa i te toa takitahi, engari he toa takitini" - Success is not the work of an individual, but the work of many.”
Closing Date: 11 August 2025
Applications will be reviewed regularly across the advertising period, but we do reserve the right to close applications early.
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