At a Glance
- Tasks: Develop advanced statistical models and analyse complex datasets for real-world impact.
- Company: Join CommBank's innovative Capital & Provisioning Modelling Crew.
- Benefits: Hybrid work, competitive remuneration, and a diverse, inclusive workplace.
- Other info: Build transferable skills in analytics, modelling, and data science.
- Why this job: Make a meaningful impact while learning from world-class quantitative specialists.
- Qualifications: Strong academic record in quantitative disciplines like Mathematics or Statistics.
The predicted salary is between 49500 - 60500 $ per year.
- Early Career and Graduates from quants disciplines considered
- Delivery of advanced statistical models that have global impact
- Central offices, Hybrid Work and Competitive Remuneration
- See Yourself in Our Team
Within the Capital & Provisioning Modelling Crew, you'll work alongside experienced statisticians, mathematicians, quantitative analysts and risk professionals to develop sophisticated statistical models that help the Group better understand and manage millions of customer portfolios.
We partner across disciplines to deliver outcomes in a highly regulated environment where governance requirements influence modelling approaches.
We're responsible for developing, monitoring and validating the models used across Comm Bank, Bankwest and ASB, helping to protect our customers, strengthen the bank and enable sustainable growth.
We're a collaborative team where you'll learn from world-class specialists, solve complex challenges, influence strategic decisions, and use data, insights and innovation to make a meaningful impact.
Your Impact & Contribution
As an Analyst in Retail Models, you'll apply the mathematics, statistics and quantitative reasoning you've studied at university to solve complex, large-scale problems with real-world impact.
Working alongside experienced quantitative specialists, you'll contribute to predictive analytics, portfolio performance and decision science, while building deep expertise in credit risk modelling, regulatory capital and provisioning frameworks.
This opportunity focuses on statistical modelling and quantitative problem-solving rather than reporting and dashboard development.
You'll build highly transferable skills across quantitative modelling, data science, analytics and risk, creating strong foundations for a long-term career in quantitative disciplines.
In this role, you may expect to
- Support the development of sophisticated statistical models used across Comm Bank, Bankwest and ASB
- Analyse large and complex datasets to identify trends and insights
- Apply statistical techniques to solve quantitative business problems
- Support the development and enhancement of predictive models
- Use Python, R and SQL to manipulate and analyse data
- Contribute to model monitoring, validation and performance assessment
- Document analytical findings and communicate insights clearly
- Collaborate with quantitative analysts, statisticians and risk specialists
- Build expertise in modelling, analytics and decision science
This opportunity provides the chance to develop deep quantitative capability, working alongside experienced practitioners who value technical excellence and are committed to helping you build highly transferable skills across analytics, modelling and data science.
What You'll Need to Succeed
Whether your passion is mathematics, statistics, econometrics, modelling or quantitative analysis, this role offers a strong foundation for a successful analytical career.
We're particularly interested in graduates from Mathematics, Statistics, Econometrics, Quantitative Finance, Physics, Engineering and other highly quantitative disciplines.
Subjects that may be particularly relevant include Probability Theory, Statistical Modelling, Mathematical Statistics, Econometrics, Machine Learning, Predictive Analytics, Optimisation, Calculus and Linear Algebra.
You'll be well placed for success with
- A strong academic record in a highly quantitative discipline
- Strong foundations in mathematics, probability and statistics
- Demonstrably high analytical thinking and problem-solving capability
- Exposure to Python, R, SQL or similar analytical programming languages
- Curiosity, learning agility and a detail-oriented mindset
- The ability to communicate complex quantitative concepts clearly to non-technical audiences
- Academic excellence in quantitative subjects will be highly regarded
We're looking for people who are curious, mathematically minded and excited to learn. If that sounds like you, we'd love to hear from you.
Working With Us
At Comm Bank, we're committed to building a diverse, inclusive and flexible workplace where everyone can thrive.
We know talent comes from many different backgrounds. If you're excited about this opportunity but don't meet every requirement, we still encourage you to apply.
If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application.
We're keen to support you with the next step in your career.
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Quantitative Analyst, Retail Models in Sydney employer: CommBank
CommBank is an exceptional employer that prioritises employee growth and inclusivity, making it a fantastic place for the Workforce Effectiveness Lead role. With a strong focus on innovation and collaboration, employees are encouraged to develop their skills in a supportive environment that embraces diversity and fosters meaningful contributions to the future of work. Located in a vibrant community, CommBank offers unique opportunities to engage with cutting-edge technologies and shape the workforce landscape while enjoying a culture that values respect and accessibility.
