Data Scientist Senior Associate

Overview

Senior Associate Data Scientist in the Model Risk & Validation team, providing second-line assurance over credit models (IRB, IFRS9 and stress testing) at Commonwealth Bank of Australia, Bangalore.

What you'll do

• Perform validation activities assessing data quality, modelling methodologies, model performance and regulatory compliance across the model lifecycle for IRB, IFRS9 and Stress Testing models, including new models and ongoing post-implementation fit-for-purpose reviews.
• Engage proactively with stakeholders, including internal audiences and forums comprising model developers, owners and monitors, to communicate findings, risks and recommendations.
• Contribute to strategic transformation and continuous improvement in the validation function, streamlining workflows, uplifting validation methodologies, and enhancing the quality, consistency and efficiency of validation outcomes.
• Drive robust validation processes, deploy analytics tools, and embed risk management practices across the model ecosystem.

What you'll need

• 2-4 years of credit risk model validation or development experience on IRB, IFRS9 and stress testing models.
• Demonstrated experience in end-to-end delivery of projects, with sound communication and time management skills.
• Tertiary qualifications, with above average academic achievements, in a quantitative discipline such as mathematics, statistics and econometrics.
• Programming skills in SAS, R, Python and SQL.
• Experience with the Basel regulatory standards regarding credit risk.
• Working knowledge of copilot, GPT, Claude etc.
• Demonstrated written and verbal communication skills, including the ability to interpret and report complex material and make sound recommendations to a range of stakeholders.
• Education: Bachelor's degree or master's degree in engineering in Computer Science/Information Technology.

Nice to have

• Experience with and relevant APRA regulations on IRB, IFRS9 and stress testing.
• Expertise in using Jupyter notebooks or R-markdown, and GitHub.

Details

• Location: Bangalore.
• Advertising end date: 19/11/2026.