Director | Banking - Financial Risk Management | Sydney or Melbourne

Job Requisition ID: 41484 

• Lead and grow Deloitte's banking financial risk offering across credit risk modelling and analytics, model risk management and AI model assurance - for Australia's major financial institutions

• Be part of market-leading projects with global scale and complexity

• Mentoring, coaching and leadership programs to help you make an impact that matters

Step into a Director role in our Assurance practice in Sydney or Melbourne, where you'll combine deep quantitative risk expertise with client leadership to help financial institutions respond to prudential change, strengthen credit risk frameworks, and shape the growth of Deloitte's banking financial risk offering.

What will your typical day look like?

This is a client-facing, growth-driven role. You’ll lead complex financial risk engagements focused on credit risk modelling and analytics-spanning IRB, ECL, stress testing - covering model development, validation, and external/internal audit reviews. Your remit will include advising on model risk governance frameworks, reviewing provisioning methodologies, assessing prudential compliance, and exploring how AI and machine learning are being used to enhance risk decisioning and model robustness.

You will engage closely with senior client stakeholders - providing clear, pragmatic advice on technically complex risk and regulatory matters. Your influence will help clients respond confidently to regulatory scrutiny, while improving the quality, resilience, and innovation within their risk management practices.

Equally importantly, you will be a visible growth driver for the practice. This includes building and nurturing trusted client relationships, identifying and pursuing new business opportunities, and shaping the future direction of Deloitte’s banking financial risk offering. You will lead, inspire, and develop high-performing teams, fostering a culture of excellence and continuous improvement that delivers consistent quality and momentum.

About the team

Deloitte's Assurance practice helps clients build trust in their decisions, controls and reporting. Within that, the banking financial risk and quantitative modelling team works with financial institutions across credit risk, provisioning, prudential frameworks and model assurance. It's a team that combines technical rigour, regulatory insight and a practical understanding of lending and risk operations, with a strong focus on helping clients navigate change while growing a market-leading financial risk offering.

Enough about us, let's talk about you

You may have all or some of the following skills/experiences:

• Deep expertise in banking financial risk, with strong capabilities in credit risk modelling, model risk management, and AI risk frameworks, including PD, LGD, EAD models, and AI/ML-enabled models.

• Comprehensive knowledge of IFRS 9, APRA prudential standards, model risk governance, and emerging AI risk management practices.

• Experience advising on provisioning frameworks, prudential compliance, credit decisioning, and the integration of AI methodologies to strengthen risk frameworks.

• A proven track record of building trusted relationships and leading strategic conversations with senior and executive client stakeholders on complex risk and regulatory challenges.

• Demonstrated leadership of complex client engagements within consulting, professional services, banking, or large financial institutions.

• Strength in leading, mentoring, and developing teams, while creating an environment that fosters growth and high performance.

• A growth mindset combined with commercial acumen, initiative, and ambition to shape and expand Deloitte’s financial risk offering.

• Exposure to stress testing, climate-related credit risk, machine learning, AI-enabled modelling and assurance, and innovation within financial services risk management.

Why Deloitte?

At Deloitte, we focus our energy on interesting and impactful work. We're always learning, innovating and setting the standard; making a positive difference to our clients and our society. We put coaching at the heart of what we do, helping our people grow their careers in any direction - whether it be up, moving into something new, or even moving across the world.

We embrace diversity, equity and inclusion. We have a diverse collection of people from different backgrounds, with different experiences, gender identities, abilities and thinking styles. What binds us together is a shared commitment to value everyone's perspective and to cultivate inclusion; so that our work environment is a safe space we can all belong.

We value in-person connection with our clients and our colleagues. We offer several ways for you to work flexibly so that you can serve your clients, stay connected with your team, and manage your personal priorities.

We help you live and work well. To support your personal and professional life, we offer a range of perks and benefits, including retail discounts, wellbeing leave, paid volunteering days, twelve flexible working options, market-leading parental leave and return to work support package.

Next Steps

Sound like the sort of role for you? Apply now, we'd love to hear from you!

#LI-Hybrid

By applying for this job, you’ll be assessed against the Deloitte Talent Standards. We’ve designed these standards so that you can grow in your career, and we can provide our clients with a consistent and exceptional Deloitte employee experience globally. The preferred candidate will be subject to background screening by Deloitte or by their external third-party provider.