Senior Manager Credit Risk at Deloitte Australia | Closes 20 March

jobs at Deloitte

Sydney or Melbourne, Australia
Competitive salary
Reference: 39595
Application Deadline: 20 March 2026

Deloitte Australia is seeking a Senior Manager to join its Treasury & Risk practice, specialising in Credit Risk. Based in either Sydney or Melbourne, this impactful position offers the opportunity to shape advanced quantitative solutions for leading financial institutions while contributing to the continued growth of the firm’s credit risk and modelling capabilities.

About Deloitte Australia

Within its Assurance practice, Deloitte remains focused on delivering measurable impact while maintaining a risk, regulation, and innovation perspective. The firm supports financial institutions not only in managing regulatory requirements, but also in unlocking commercial value from risk transformation initiatives.

A culture, combined with a strong client focus and a commitment to innovative thinking, underpins Deloitte’s approach. Through mentoring programs, milestone recognition, and a broad range of employee benefits, the organisation actively invests in professional growth and wellbeing.

Role Overview

This newly established Senior Manager position presents a significant opportunity for a commercially minded and analytically rigorous professional to help drive the expansion of Deloitte’s credit risk and quantitative modelling team.

The team partners primarily with banks and non-bank lenders to deliver complex credit risk model development, independent validation, and ongoing monitoring. In addition, it advises on regulatory and accounting developments, including the evolving IFRS and prudential landscape, and supports clients in understanding and implementing required model enhancements.

Core Areas of Responsibility

Credit Risk Analytics & Model Delivery

The Senior Manager will contribute to the design and execution of credit risk solutions across a range of engagements. This includes the development, review, and validation of Probability of Default, Loss Given Default, and Exposure at Default models for both IFRS 9 and regulatory capital purposes.

Moreover, the role involves contributing to stress testing frameworks, including climate-related credit modelling, and assessing model robustness under evolving regulatory expectations.

Regulatory Advisory & Strategic Insight

In addition to model delivery, the successful candidate will interpret regulatory developments and translate them into actionable insights for clients. By understanding market dynamics and disruptive trends, the Senior Manager will help identify opportunities to position Deloitte’s offerings as market-leading solutions.

Team Leadership & Capability Development

As a senior team member, the individual will oversee project execution, mentor junior team members, and maintain effective communication with senior stakeholders. Through structured guidance and quality oversight, the role ensures that deliverables consistently meet high technical and professional standards.

Client Engagement & Relationship Management

A client-centred mindset is essential. The Senior Manager will engage directly with stakeholders across financial services organisations, clearly articulating complex quantitative concepts and fostering trusted advisory relationships.

Best Candidate

Academic Background

The ideal candidate holds a degree in statistics, actuarial science, engineering, mathematics, or a closely related quantitative discipline. Postgraduate qualifications or professional certifications in relevant fields are highly regarded.

Professional Experience

Applicants should bring at least eight years of experience within a consulting firm or a large financial institution, with demonstrated exposure to credit risk modelling and validation.

Strong knowledge of the regulatory and IFRS environment is required, along with practical experience in model governance and risk management frameworks.

Technical Expertise

Proficiency in one or more of the following environments is preferred: SAS, SQL, VBA, R, Python, or C++.

Experience with advanced analytical methodologies, including machine learning, natural language processing, and other artificial intelligence techniques, is advantageous but not mandatory.

Leadership & Communication Skills

The role demands an independent and proactive professional who can manage teams, provide structured oversight, and deliver high-quality outcomes under tight deadlines.

Exceptional written and verbal communication skills are essential, particularly the ability to explain complex modelling concepts to both technical and non-technical stakeholders.

Why Join Deloitte

Deloitte offers flexibility in how, when, and where work is performed, enabling professionals to balance client engagement with personal priorities. Furthermore, the firm places coaching at the centre of career development, encouraging individuals to progress vertically, broaden their expertise, or explore global mobility opportunities.

The organisation actively promotes diversity, equity, and inclusion, cultivating an environment where diverse perspectives strengthen both innovation and decision-making.

In addition, employees benefit from retail discounts, well-being leave, paid volunteering days, extensive flexible working options, parental leave support, and a structured return-to-work program.

Application Process

Interested candidates are encouraged to submit their application through Deloitte Australia’s official careers portal before 20 March 2026, quoting Job Requisition ID 39595.

All applicants will be assessed against Deloitte’s Talent Standards framework. The preferred candidate will undergo background screening conducted either by Deloitte or an authorised third-party provider.

Additional Information

This role is based in Sydney or Melbourne and offers a competitive remuneration package aligned with experience and market benchmarks.

Candidates seeking to advance their leadership profile in quantitative credit risk within a globally recognised professional services firm are encouraged to apply.

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