Credit Risk Manager - Stress Testing
- Help build and embed a new in‑house stress‑testing model monitoring capability across non‑retail credit portfolios.
- Join a collaborative risk team where hands‑on technical work, stakeholder influence and career growth go together.
- Use R, Python and SQL to turn model‑performance data into clear, decision‑ready insight.
Do Work That Matters
Be part of the team that helps CommBank make better decisions. Risk Management partners across the Group to identify, assess and manage risk, protecting our customers, strengthening the bank and enabling sustainable growth.
In this role, you'll help develop and implement an in‑house stress‑testing model monitoring capability for non‑retail credit portfolios. Combining hands‑on analytics with strong stakeholder engagement, you'll help deploy monitoring for our existing internal stress‑testing models, and continue supporting ongoing monitoring once the capability is live.
See yourself in our team
You'll join the IB&M Risk Credit Portfolio team within Risk Management. The team delivers stress testing, IFRS 9 provisioning, risk projects and process improvements, working with stakeholders across the business, Risk Management and model validation teams in Australia and offshore.
- Help develop and implement an in‑house stress‑testing model monitoring capability.
- Support the deployment of monitoring for existing internal stress‑testing models across non‑retail portfolios.
- Provide ongoing monitoring and performance assessment of stress‑testing models once live.
- Apply credit risk modelling used for stress testing and provisioning to inform monitoring outcomes.
- Run hands‑on data analysis in R or Python to assess model performance.
- Query and manipulate data using SQL to support monitoring and reporting.
- Engage business and risk stakeholders, translating findings into practical insight and presenting to senior forums.
- Contribute to delivery milestones and checkpoints across the project lifecycle.
We're interested in hearing from people who:
Bring strong quantitative judgement, curiosity and the ability to connect technical analysis with business decisions. We know great candidates may not meet every requirement listed below, so if you believe your experience could add value, we'd still like to hear from you.
- Have experience in credit risk modelling, ideally applied to stress testing or provisioning.
- Bring practical, hands‑on data analysis capability.
- Are proficient in R or Python for analysis.
- Have strong SQL skills to query and manipulate data.
- Can demonstrate proven stakeholder engagement and communication skills, including with senior audiences.
- Have knowledge of credit risk management, risk concepts and processes; non‑retail portfolio experience is advantageous.
- Work well to defined checkpoints and delivery timelines.
If this opportunity excites you, we'd love to hear from you. Apply today.
Working with us:
At CommBank, we're committed to creating an accessible, inclusive and respectful workplace. If you require support or adjustments, please let us know. We welcome applications from people of all backgrounds and we're particularly committed to making a positive difference for Aboriginal and/or Torres Strait Islander Peoples. For support please contact 1800 989 696.
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.
We're aware of some accessibility issues on this site, particularly for screen reader users. We want to make finding your dream job as easy as possible, so if you require additional support please contact HR Direct on 1800 989 696.
Skills Required
- Experience in credit risk modelling, ideally applied to stress testing or provisioning
- Practical, hands-on data analysis capability
- Proficiency in R or Python for analysis
- Strong SQL skills for querying and manipulating data
- Stakeholder engagement and communication skills, including communication with senior audiences
- Knowledge of credit risk management, risk concepts, and processes
- Experience with non-retail credit portfolios
- Ability to work to defined checkpoints and delivery timelines
Commonwealth Bank Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Commonwealth Bank and has not been reviewed or approved by Commonwealth Bank.
-
Leave & Time Off Breadth — The bank offers additional Life Leave, the option to purchase up to four extra weeks, pet leave, and paid volunteering leave alongside flexible-working options. Public materials indicate these leave features compare well within Australian banking.
-
Parental & Family Support — Permanent employees can access up to 18 weeks of paid parental leave, and superannuation is paid for up to 34 weeks of unpaid parental leave. These provisions extend support for new parents beyond standard settings.
-
Wellbeing & Lifestyle Benefits — Access includes CBHS Health Fund, Fitness Passport, a 24/7 wellbeing platform with telehealth, an Employee Assistance Program, and employer‑paid income protection for up to two years, alongside staff banking perks and share plans. This combination provides day‑to‑day value across health, protection, and financial perks.
Commonwealth Bank Insights
What We Do
Australia’s leading provider of financial services including retail, premium, business and institutional banking, funds management, superannuation, insurance, investment and sharebroking products and services. We are a business with more than 800,000 shareholders and over 52,000 employees. We offer a full range of financial services to help all Australians build and manage their finances.







