QRM Functional Specialist
Sydney
12 Months

$1,200pd + Super

Position Overview

We are seeking an experienced QRM (Quantitative Risk Management) Functional Specialist to join our newly formed QRM Practice team within Group Treasury.

Key Responsibilities

• Lead the functional design and implementation of QRM solutions for financial risk management within Treasury, working closely with stakeholders to understand and document business requirements.
• Configure, own, and maintain QRM modules, including Asset Liability Management (ALM), Funds Transfer Pricing (FTP), and Market Risk calculations.
• Develop and maintain detailed functional specifications for QRM customisations and integrations.
• Provide expertise in banking risk concepts, including interest rate risk, liquidity risk, and market risk modelling.
• Conduct user training sessions and create documentation for QRM functionality and processes.
• Troubleshoot complex issues related to risk calculations, data integration, and system performance.
• Support user acceptance testing and validation of risk metrics.
• Stay current with regulatory requirements and banking risk management best practices.

Required Qualifications & Experience

• Bachelor's degree in Finance, Economics, Mathematics, or a related field.
• 5+ years of experience in banking risk management, with at least 3 years working directly with QRM applications.
• Strong understanding of banking balance sheet concepts, ALM principles, and risk management frameworks.
• Expertise in financial instruments and their behaviour under various interest rate scenarios.
• Experience in interpreting regulatory requirements (Basel III, APS117, APS210, Stress Testing, etc.) and implementing them within risk systems.

Technical Knowledge

• Deep understanding of QRM modules: ALM, FTP, Market Risk (IRRBB, Liquidity).
• Familiarity with banking data structures and financial databases.
• Knowledge of interest rate modelling and behavioural assumptions.
• Experience with risk reporting and analysis tools.
• Understanding of ETL processes and data quality controls.
• Confident in working with and validating large datasets / results.
• Experience with Power BI, QlikSense preferred or willingness to learn.

If you feel you possess the relevant skills to the above, apply now with most updated CV!