Data Scientist Senior Associate

Overview

Join the Model Development Centre of Excellence within Risk Management to build and enhance credit risk models (PD, LGD, EAD) used across CBA lending businesses, including ASB and Bankwest.

What you'll do

• Generate insights for CBA's credit portfolios by building statistical models and performing analyses using advanced statistical and econometric techniques, including Time Series Analysis, Macroeconomic Modelling and Non-linear Regression, using R and Python.
• Actively contribute to projects to develop and enhance credit risk models, delivering outcomes with minimal supervision.
• Analyse the business impact of models, including changes to Expected Loss, capital and Risk Weighted Assets from model improvements or refreshes.
• Thoroughly document modelling results and the thought process behind the choice of modelling methodology in a concise, user-friendly form, so stakeholders can independently validate the final model and assess its impact.
• Work with the Group's data resources and key data-related projects to obtain and prepare data for modelling, using SAS, Teradata SQL, or other related tools.
• Interact with stakeholders in business units and group model validation teams to seek input and share results on model development efforts.

What you'll need

• 1-3 years relevant experience.
• Demonstrated written and verbal communication skills, including the ability to interpret and report complex material and make sound recommendations to a range of stakeholders.
• Diligent, collaborative and entrepreneurial workstyle delivering error-free output using innovative techniques, working with remote and on-site teams.
• Ability to work productively as part of a team on-site, remotely and in isolation as required.
• Sound time management and prioritization.
• Ability to apply knowledge of business and regulatory drivers when analysing model outcomes.
• Bachelor's, Master's, or PhD in Statistics, Mathematics, Data Science, Computer Science, or a related field.

Nice to have

• Experience in modelling using R or Python, and working with and maintaining datasets using Teradata SQL or Microsoft SQL.
• Familiarity or experience with the Basel regulatory standards and relevant APRA regulations regarding credit risk, or IFRS9 requirements for collective provisions.

Details

• Location: Bangalore.
• Reports direct to the Chapter Lead, Model Development Centre of Excellence.
• Interfaces daily with the independent model validation unit, model users, project teams, enterprise services teams and business unit risk teams.
• Advertising end date: 16/10/2026.