Credit Risk & Modelling Lead – Director, Actuarial Banking Risk Modelling Services

PwC

Director in Actuarial Banking Risk Modelling Services at PwC Australia. Leading data-driven risk modelling solutions across financial services sectors like banking and insurance.

Posted 6/1/2026full-timeMelbourne • 🇦🇺 AustraliaSeniorWebsite

Tech Stack

Tools & technologies

PythonSQL

About the role

Key responsibilities & impact

Lead and deliver risk modelling solutions for measurement and management, tackling complex challenges across general insurance, life insurance and banking.
Design and run large-scale actuarial programs that improve how clients operate , reduce costs, manage risks and drive transformational change.
Partner with banking clients to manage financial risks and produce crucial, data-led business insights.
Collaborate with PwC teams and client stakeholders to scope, deliver and refine solutions in a human-led, tech-enabled way.
Apply your risk management and actuarial expertise to drive key business outcomes, leveraging strong communication and a team-first approach in flexible work settings.

Requirements

What you’ll need

Retail or wholesale credit risk modelling and quantitative analysis including experience in modelling on topics such as provisioning (e.g. AASB 9), regulatory capital requirements (e.g. AIRB approaches to estimating PD, LGD and EAD), credit pricing and portfolio/customer analytics
Specialist expertise in at least one of the following will be highly regarded: stress testing, end-to-end credit lifecycle, climate risk modelling, credit pricing and portfolio/customer analytics.
Practical exposure to prudential regulatory requirements and their implementation
Experience working on business development initiatives and building trusted relationships with clients
Excellent analytical and problem solving skills and enjoy working with clients to support on a range of projects
Strong communication , project management and stakeholder management skills
10+ years of experience working in either/ and banks, fintechs , private credit providers, consulting risk modelling services
Working well in teams and can support and develop more junior team members in a high-performing and caring work environment;
You hold a MSc/BSc (Hons) in Statistics/Actuarial Science/Financial Mathematics or Applied Mathematics as well as have programming capabilities in SAS/R/Python/SQL.

Benefits

Comp & perks

Leadership development programs and executive coaching designed to help you inspire teams and accelerate your career growth.
A world-class parental leave policy offering up to 26 weeks of leave for care givers , supporting your family and personal life.
Flexibility means trusting you to choose when, where, and how you work—balancing what’s best for you, your team, and your clients to grow and thrive together.
Being part of a community united by purpose, delivering impact that reaches clients, communities, and the future you’re shaping .

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

risk modellingquantitative analysiscredit risk modellingprovisioningregulatory capital requirementscredit pricingportfolio analyticsstress testingclimate risk modellingprogramming in SAS

Soft Skills

analytical skillsproblem solvingcommunicationproject managementstakeholder managementteamworkrelationship buildingflexibilitymentoringcollaboration

Certifications

MSc in StatisticsBSc (Hons) in Actuarial ScienceBSc (Hons) in Financial MathematicsBSc (Hons) in Applied Mathematics