Stress Testing Analyst

Closing date: 23 February

We’ve never been ‘just a bank’. Just like you should never be ‘just an employee’. We’re united in our belief that in banking, better can be bigger, and together we’re making it happen.

It starts here. With Bendigo Bank… and you.

We are on a transformative journey to build a more resilient and future-focused bank. Our Group Risk function is evolving, and you could be a crucial part of this change.

As our new Stress Testing Analyst, you'll be at the heart of the action, shaping our bank's resilience by stress testing our credit portfolio against critical economic and climate scenarios.

You will be the central hub of expertise, collaborating with a diverse network of specialists across our Model Development, Credit Risk, Finance, and Treasury teams. Your analysis will provide the crucial insights that guide our strategic decisions and ensure robust models. If you're ready to make a tangible impact and work at the forefront of risk management, this is the role for you.

Your Impact: Driving Excellence

As a key driver of our function's success. You will be responsible for:

• End-to-End Model Execution: You will manage the entire process of running credit and climate risk stress tests using SAS models, from sourcing and validating input data to producing and analysing the final results.
• Stakeholder Engagement and Influence: A key part of your role will be explaining complex stress testing results to business managers and helping them embed these insights into their strategic decision-making and portfolio management.
• High-Level Reporting and Governance: You will be responsible for preparing high-quality, concise reports and submissions on stress test outcomes for senior leadership, Board Committees, and regulatory bodies like APRA.
• Regulatory Expertise: Maintaining a strong working knowledge of APRA prudential standards (particularly APS 110, 112, 113, 120, and 220) is essential, as is staying current with any regulatory changes that could impact the models.

Position description: Stress Testing Analyst Position Description.docx

This is a permanent position based out of our Adelaide or Sydney offices.

We offer flexible work options that put our people first, working in a hybrid model with a minimum Head Office attendance requirement determined by your Leader which balances connection and collaboration in a rhythm that works for you.

What you’ll bring to the role

To thrive in this role, you are an accomplished risk professional with a passion for your field and a proactive, curious mindset. We are looking for:

• Technical Proficiency: You must have strong hands-on experience with SAS and Microsoft Excel. Your background should include executing and maintaining risk models, coupled with strong data analysis skills in tools like SQL.
• Essential Experience: A minimum of 2 years in a credit risk analysis or modelling role within banking or financial services is required. Crucially, you must have demonstrated experience in credit risk stress testing. Exposure to climate risk stress testing is highly regarded.
• Communication and Influence: You need excellent communication skills with the proven ability to translate complex technical analysis into clear, actionable insights for non-technical audiences and senior management to influence business outcomes.
• Regulatory & Financial Knowledge: A solid, practical understanding of contemporary credit risk management techniques, APRA Prudential Standards, and capital management frameworks is essential. This includes high financial literacy and a comprehensive knowledge of banking products.

So, why work for us?Want big impact that matters? Here, you’ll know your work directly benefits the customers and communities we all serve.

You’ll also get access to a great range of benefits, including:

• Flexibility means different things for different people. Whether it’s hybrid work, flexible hours, a compressed work week, job-sharing or something different, our flexible work options are designed to put people first
• Health and wellbeing support, including discounted gym memberships, private health insurance options, and our Employee Assistance Program (EAP) for you and your immediate family members
• Opportunities to take your learning to the next level through our corporate university ‘BEN U’ or at an external provider of your choice

We believe a diverse workforce supported by an inclusive culture is central to our success and we actively encourage applications from those who bring diversity of thought to our business. We support candidate requests for adjustment to accommodate an illness, injury, or disability to equitably participate in the selection process.

Still in two minds?

Research suggests 60% of women and underrepresented groups might stop here, even after getting as far as drafting an application. We believe that diversity makes every team stronger, so even if you don’t tick every box we still want to see your application!

We’re making better, bigger. And we’ll get there with you.

Now’s the time to set your sights even higher - on the future you and the future career you deserve.