Manager, Model Risk - Life Investments
Challenger —Sydney NSW
- Full-time
- Hybrid work
- Microsoft Excel
- Analysis skills
- Financial services
- Parental leave
Risk & Compliance Manager
Stake —Sydney NSW
- Full-time
- AI
- Annual leave
- Parental leave
Quick Apply
Portfolio Governance Manager
Greenstone Financial Services —Bella Vista NSW
- Full-time
- Microsoft Excel
- Data analysis skills
- Financial services
- Travel reimbursement
- Free food
Quick Apply
Operations Manager
Empowered Living Care PTY LTD —Caringbah NSW
- $130,000 - $150,000 a year
- Full-time
- Management
- Human resources
- In-person
Quick Apply
Risk & Compliance Consultant/ Associate Manager
Accenture —Sydney NSW
- Full-time
- Microsoft Powerpoint
- Management
- Microsoft Office
Project Manager | Client Onboarding & Risk Assessment Uplift
PWC Australia —Sydney NSW
- Contract
- AI
- Parental leave
Case Manager - Sydney
Lumiere Foundation —Sydney NSW
- $85,000 - $90,000 a year
- Full-time
- CPR Certification
- Experience working with children
- First Aid Certification
- Employee assistance program
Quick Apply
Learning & Development Manager - Life Insurance
Neilson Financial Services —Sydney NSW
- Sales
- Financial services
- Life insurance
Quick Apply
8h
Manager, Grants, Partnerships and Research Development
Cancer Institute (NSW) —Sydney NSW
- $180,279 - $201,662 a year
- Full-time
- Research
- No degree
9d
Manager - Risk Advisory
Clayton Utz —Sydney NSW
- Full-time
- Presentation skills
- Financial services
- AI
- Parental leave
Risk in Change Manager
Australian Payments Plus —Sydney NSW
- Contract
- Hybrid work
- Analysis skills
- Financial services
- Communication skills
Quick Apply
Manager - Risk Transformation - Third Party Risk Management
EY —Sydney NSW
- Management
- Writing skills
- Business development
- Parental leave
District Release of Information Manager
Western Sydney Local Health District —Sydney NSW
- $59.92 - $70.70 an hour
- Full-time
- Management
- Customer service
- Microsoft Office
11d
Technology Solutions Manager - Model Risk Management Transformation
Macquarie Group Limited —Sydney NSW
- Full-time
- Hybrid work
- AI
- Annual leave
- Work from home
9d
Senior Manager Risk, Wrap Product & Investments
Insignia Financial Ltd —Sydney NSW
- Full-time
- Financial services
13d
Home Care Compliance Manager – Quality, Risk & Client Oversight
Elderly Home Care Solutions —Randwick NSW
- $120,000.00 - $167,111.60 a year
- Full-time
- Hybrid work
- Care plans
- Communication skills
- Work from home
Quick Apply
8d
Manager, Training
Capgemini —Sydney NSW
- Microsoft Powerpoint
- Management
- Master's degree
4d
Operations Manager - NDIS Service Provider
Good Directions —Hornsby NSW
- From $175,000 a year
- Full-time
- Hybrid work
- Management
- Sales
- Business development
- Travel reimbursement
- Work from home
Quick Apply
4d
Pursuit Manager, Investments
Mercer —Sydney NSW
- Full-time
- Hybrid work
- Microsoft Powerpoint
- Microsoft Word
- Management
Team Manager Incidents - Complex and High Risk
Mercer —Sydney NSW
- Full-time
- Hybrid work
- Administrative experience
- Analysis skills
- No degree
14d

I want to receive the latest job alert for manager, model risk life investments in sydney, nsw

By signing in to your account, you agree to SimplyHired's Terms of Service and consent to our Cookie and Privacy Policy.

Explore jobs in more locations

manager, model risk life investments jobs near sydney, nsw

Manager, Model Risk - Life Investments

Challenger -
Sydney NSW

Apply Now

Job Details

Permanent | Full-time

Benefits

Parental leave

Qualifications

Data modelling
Microsoft Excel
Analysis skills
Financial services
AI
Communication skills

Full Job Description

Challenger Limited is an ASX-listed investment management firm managing $128.2 billion in assets (as at 31 December 2025). Life with us is fast moving and always exciting. Together we’re driving to deliver our vision to provide our customers with financial security for a better retirement.

We achieve this goal by providing a work environment where people from diverse backgrounds, with a range of skills and experiences can contribute and succeed.

Manager, Model Risk

Challenger Limited | Sydney CBD | Permanent | Hybrid Working

Reporting to: Chief Operating Officer, Life

Challenger is looking beyond traditional validation methods, using AI to identify smarter, more efficient ways of working. The role offers the opportunity to help define what the next generation of model validation could look like.
You’ll sit close to the front office. This isn’t a back-office compliance function, it’s an independent challenge role with direct access to the people building and using the models
This is an opportunity to join a developing function where you can help shape how Challenger validates and industrialises critical models
You’ll work on models that directly influence how Challenger manages its balance sheet - the work is material and the decisions it informs are real

The Opportunity

Challenger’s Life business relies on a range of models covering pricing, hedging, capital and cashflow management. These models must be independently validated, to meet internal governance requirements and external regulatory expectations, including APRA standards.

This role sits within the COO team and is responsible for the independent validation of critical and material models. You will assess model design, assumptions, methodology and outcomes, challenge where appropriate, and document findings in line with the established validation framework.

The focus of the role is to manage and execute the ongoing validation cycle across the models portfolio, identify opportunities to improve efficiency and effectiveness, and leverage AI-enabled tools to support the validation process. The role requires strong analytical skills, sound judgement and an interest in understanding how financial models operate and perform.

What you’ll do

Independently validate critical and material models across the Life business on a structured rolling cycle
Interrogate model methodology, assumptions, data inputs, and outputs — and document findings to audit standard
Use AI tools to industrialise and scale the validation process
Monitor for model drift and ensure models continue to perform as intended between validation cycles
Work closely with quantitative developers, actuaries, and model owners to resolve issues
Maintain the model risk register and contribute to model risk policy for critical and material models
Support APRA reviews, internal audits, and regulatory requests with clear, well-evidenced documentation

What we’re looking for

Here’s what matters for this role:

You have solid experience in a market risk, model risk, or quantitative role within financial services. A background in a bank or similar institution is a strong foundation
Strong grounding in financial instruments, particularly fixed income, derivatives, and cashflow modelling.
Genuine curiosity about AI and its application to financial modelling - not just open to using AI tools, but actively interested in how they can make complex work more rigorous and efficient
Previous experience validating models is a plus
Comfortable working in Python and Excel/VBA
Clear, precise written communication. You can document technical findings in a structured and transparent way that supports regulatory review and stakeholder understanding

Candidates may come from a range of backgrounds, including actuarial, quantitative, risk, or model validation roles. Experience applying rigorous analytical judgment is more important than any single qualification or career path.

Why Challenger?

Challenger Limited is an ASX-listed investment management firm focused on providing Australians with financial security in retirement. The COO team works across the Life Investments business, partnering with investment, risk, actuarial and technology teams to deliver change, manage risk and improve business outcomes.

We support your growth and development, offer flexibility, and value the unique contributions people bring. We provide access to a range of exclusive employee benefits that will support you both personally and professionally and a hybrid work environment including.

Discretionary bonus scheme.
Employee share plan.
Eighteen weeks paid leave for all new parents.
Flexibility on when, and how, parental leave is taken.
Challenger Day – one extra day off every year in recognition of the effort our people make.
Subsidised on-site café and fantastic central location a stone's throw from Martin Place Metro
Additional support leave (fertility treatment leave, gender affirmation leaves).
Extra superannuation contributions.
Access to Fitness Passport

#LI-KM1

#LI-Challenger

#LI-Hybrid

Challenger's employee value proposition guides how we work: Grow and realise your potential, supporting each other, stronger together and making things happen. Our culture encourages curiosity, considered thinking and meaningful contribution, with opportunities to build a broad and rewarding career.

We are committed to fostering a safe, inclusive and respectful workplace where people of all backgrounds, identities and ways of thinking can thrive, and promoting flexible working to support work-life balance.

Challenger is proud to be a Workplace Gender Equality Agency (WGEA) Employer of Choice for Gender Equality, a Family Friendly Workplace and recognised as a Bronze Employer in the Australian Workplace Equality Index (AWEI), the national benchmark for LGBTQ+ workplace inclusion.

Job type:

Permanent

Posting Close Date :

23/08/2026

About Us

Life at Challenger is fast moving and always exciting. Together we’re driving to deliver our vision to provide our customers with financial security for retirement.

Our people bring their diverse backgrounds and perspectives to a workplace which is inclusive, flexible, and driven by our values – act with integrity, aim high, collaborate and think customer.

Our environment is one where our passionate teams can thrive. Our people quickly discover that a role at Challenger is much more than just a job. Our working environment is unique and encourages our employees to share their ideas and feel empowered to tackle new opportunities.

Apply Now

Refine Your Search

manager, model risk life investments jobs in sydney, nsw

Manager, Model Risk - Life Investments

Risk & Compliance Manager

Portfolio Governance Manager

Operations Manager

Risk & Compliance Consultant/ Associate Manager

Project Manager | Client Onboarding & Risk Assessment Uplift

Case Manager - Sydney

Learning & Development Manager - Life Insurance

Manager, Grants, Partnerships and Research Development

Manager - Risk Advisory

Risk in Change Manager

Manager - Risk Transformation - Third Party Risk Management

District Release of Information Manager

Technology Solutions Manager - Model Risk Management Transformation

Senior Manager Risk, Wrap Product & Investments

Home Care Compliance Manager – Quality, Risk & Client Oversight

Manager, Training

Operations Manager - NDIS Service Provider

Pursuit Manager, Investments

Team Manager Incidents - Complex and High Risk

I want to receive the latest job alert for manager, model risk life investments in sydney, nsw

Related Searches

Explore jobs in more locations

Manager, Model Risk

Challenger Limited | Sydney CBD | Permanent | Hybrid Working

Reporting to: Chief Operating Officer, Life

About Us

Job Seeker Tools

Employer Tools

Browse

Stay Connected