At the heart of ASB is us, working together. Our Values of Caring, Passion, Integrity, United, and Courage are the characteristics that best describe who we are and what we stand for.
ASB is on its growth journey to creating a 'future fit' risk team to ensure risk is at the forefront of each strategic and business objective and enabling our purpose of accelerating progress for all New Zealanders.
Our Model Assurance Team (MA) at ASB is seeking Model Assurance Specialist to join their highly engaged and collaborative team.
Our diverse team is made up of extremely smart and talented people which we like to think are at the top of the data analytics! The MA team was established to lay the foundation of a strong model risk management culture at ASB and due to increased focus and projects on Regulatory models, and an overall increased demand for our specialist services, we currently have roles available.
You will gain experience in all critical technical areas across ASB. Is this your next career move?
Mō te Tūranga | About the role
ASB is highly focused on lifting our organisation's risk awareness and capabilities to ensure we remain the industry leader for the management of model risk. We operate as an independent assurance function, in accordance with the three lines of risk accountability model (3LOA) to deliver bank wide assurance resulting in better customer outcomes and regulatory compliance.
Duties Include:
- Liaising with Model owners and working collaboratively with teams to understand, asses, validate and challenge the model
- Conducting Validation and peer review activities in accordance to ASB's Model Risk policy suite.
- Support model stakeholders during and post-validation. Ensure they understand the validation outcome and implications.
- Review of periodic model monitoring metric and results.
- Perform independent review and assessment of non-models solutions/process.
- Coach, lead and educate senior analysts within model assurance team
Ō pūkenga | About you
- 5+ years of commercial experience in model development or validation experience
- Proficient in SQL and one of these modelling analytic tools such as SAS, R or Python
- Advanced statistical modelling, data mining and analytical skillset
- Financial and Risk modelling experience is preferred but not essential
- Tertiary qualifications, in a quantitative discipline such as mathematics, statistics, econometrics, actuarial science, engineering and data science
- A very solid foundation in applying advanced mathematical and statistical techniques is essential
- Outstanding verbal communication and report writing skills
- Exposure to banking regulations and compliance obligations are preferred
- Knowledge of banking and business analytics alongside audit and/or risk systems and processes
- The Ability to apply critical thinking, initiative and taking ownership
- Demonstrates resilience and persistence to deliver exceptional outcomes
- Thrives in a fast-paced environment
- Deadline driven
- Advisory approach to support business owners make conscious and informed risk-based decisions
He aha tā mātou | What We Can Offer
- Work-life balance: Flexible and supportive working environment to help you juggle life's priorities.
- Wellbeing support: Comprehensive health insurance, wellness initiatives, parental and flexible leave, and benefits tailored to your lifestyle.
- Inclusive culture: Be yourself at work—whether that's scrapbooking, karaoke, or family time. We're building a culture where everyone feels safe and included.
- Career growth: Mentorship, flexible learning pathways, and opportunities to deepen your expertise. ASB is a place to take on exciting challenges and grow—professionally and personally.
Me pēhea te tono | How to Apply
We welcome applicants from all backgrounds and don't expect you to tick every box. What matters most is your unique strengths and enthusiasm.
To be considered, please apply through our online career channels. All applications will be treated confidentially. Check out the position description to learn more.
We appreciate the time and effort you put into applying and will keep you updated throughout the process.