Bank of Queensland
Analyst Quantitative Modelling
To provide a compelling alternative to the big banks.
Banking and investment
Full-time
Office | Melbourne, VIC, Australia
Visa sponsorship · No
Junior · A role for someone with some basic skills, good motivation and ability to learn. Typically 1-2 years of experience is required.
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Why Bank of Queensland
We’re on a mission to become Australia’s most loved bank. No walk in the park, but it’s how we go about things that make it possible. We’ll do it by getting face-to-face, one-to-one and creating real, long-lasting relationships with our customers. Flash-in-the-pan financial arrangements aren’t for us.
Like any close relationship good communication is everything. In fact, getting personal is what we’re all about. Being able to talk to us on social media should be more like chatting with a good friend over coffee. So feel free to share the love by sharing our posts, ask questions, or tell us what you think.
About the role
About the Role
Join our dynamic Risk Analytics & Modelling team as an Analyst in Quantitative Modelling at BOQ Group!
In this role, you will be at the forefront of developing cutting-edge credit risk models and providing valuable insights to drive strategic decision-making. You will have the opportunity to work on exciting projects, including the development of credit risk application and behavioural scorecards, PD, LGD, and EAD models (IFRS9 or AIRB), and innovative dashboards for credit risk insights.
As part of our team, you will also work on a state-of-the-art cloud platform, leveraging advanced technology to enhance model performance, streamline processes, and drive innovation in credit risk analytics. Your work will directly contribute to enhancing our digital presence and improving customer engagement. Collaborate with cross-divisional teams, legislators, regulators, and industry bodies to make a real difference. This is a unique opportunity to grow your career in a supportive and forward-thinking environment.
About you
We are seeking a proactive and analytically minded individual who is passionate about data and statistical models and eager to take on new challenges. You do not need to meet all the requirements; however, as the ideal candidate, you will have:
- Tertiary qualifications in a technical or analytical discipline such as Actuarial Science, Data Science, Business Analytics, Econometrics, Applied Statistics, Applied Mathematics, Physics, Engineering, or Finance.
- Experience in mathematical, statistical, and predictive modelling, with familiarity in different regression methods.
- Hands-on experience with credit risk modelling in the banking or financial services industry (desired but not mandatory).
- Proficiency in programming languages such as SAS, SQL, R, and Python, with experience in code version control tools like Git and Bitbucket.
- Experience working with cloud-based analytics platforms, such as Databricks (desired but not mandatory).
- Strong mathematical and statistical knowledge, with the ability to translate complex concepts into clear insights for non-technical stakeholders.
- Excellent presentation and communication skills, with a collaborative and team-oriented mindset.
- A self-starter attitude, with curiosity and eagerness to explore complex data and relationships.
What you'll be responsible for
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Quantitative Analysis Communication
Communicate findings and recommendations to portfolio managers and other stakeholders
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Investment and Market Research
Conduct research to identify market trends and investment opportunities
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Mathematical Modeling
Develop and use mathematical models and statistical techniques to analyze financial data and make investment decisions
Skills you'll need
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Numerical problem solving
Works with numerical information and performs mathematical calculations to solve problems
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Critical thinking
Identifies and synthesizes patterns and trends amongst various sources of information to reach a meaningful conclusion, perspective or insight
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Attention to detail
Accurately identifies and rectifies discrepancies or errors that exists in information and deliverables
Meet the team
Global Investment Banking focuses on building long-term relationships with more than 3,000 large corporations, financial institutions and financial sponsors, by providing strong advisory expertise and capitalizing on powerful M&A, corporate banking, treasury, debt and equity product expertise to deliver integrated financial solutions. We have a significant presence in the Americas, Europe, Emerging Markets (ex-Asia) and Asia Pacific.