Data Scientist Senior Associate
Commonwealth Bank’s credit-validation scientist independently challenges lending models. The work examines IRB, IFRS9 and stress-test methods across their lifecycle.
What you’d work on
Our reading of the posting: what a new hire in this role would most likely spend their first months on.
- Assess model data and methods.
- Validate performance and calibration.
- Report model risks and recommendations.
What they ask for
Required
- Credit-model validation
- Basel standards
- Programming
- Quantitative analysis
- Communication
Preferred
- APRA model regulations
- Education
- Bachelor’s or master’s engineering study is specified alongside quantitative academic requirements.
- Experience
- Two to four years in credit-model development or validation.
- Languages and tools
- Markets
- credit
How to prepare
- Backtest default predictions.
- Assess calibration across economic cycles.
- Write an independent model review.
What to study
The Risk Quant roadmap sets out the stages for this kind of role, with free resources for each.
Open the roadmapApply
Read the full posting on Commonwealth Bank of Australia’s site before applying: requirements, location and pay can change after we check them.
View the posting on Commonwealth Bank of Australia’s site ↗
SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with Commonwealth Bank of Australia and doesn’t handle applications.