Senior Market Risk Engineer: Commodities & AI (Contract)

XPT Software Australia Pty Ltd Contract

Sydney, Melbourne, Australia Posted on 08/11/2026

• XPT SoftwareAustralia PTY Ltd, incorporated in 2016, is a Software Services company
  
• XPT works with topclients across Australia in Banking, Insurance, Telecom,Retail, Energy, Mining and Manufacturingdomains.
  
• We have 120+technocrats in Australia working at our clientlocations.
  
• XPT SoftwareAustralia is part of group companies which has globalpresence across India & Europe.
  
• We have served100+ clients globally, fulfilling their onsite-offshoreneeds.
  

As a Senior Engineer, Market Risk Specialist, you will play a key role in delivering commodities product capability across Westpac Institutional Bank's market risk technology landscape. Working within Traded Risk Technology, you'll help enhance the platforms that measure, monitor and report market risk across a complex institutional banking environment.

You'll work across a range of market risk systems and technologies, partnering closely with Front Office, Market Risk Management, Operations and Technology teams to deliver scalable, well-controlled solutions. You'll lead technical analysis, product configuration and solution delivery, helping ensure commodities risk is accurately captured, measured and monitored through sensitivities, VaR, stress testing and limits frameworks.

In this role, you'll solve complex business and technology challenges, support strategic initiatives, drive continuous improvement and provide technical leadership across the market risk platform estate. You'll also have opportunities to leverage automation and AI-assisted analysis to improve efficiency, reduce operational risk and support delivery outcomes.

What do I need?

• Experience within market risk or financial markets technology in a regulated banking environment.

• Must have experience configuring front office solutions in Murex or Calypso, capable of adapting that experience to a market risk environment and developing market risk solutions within our vendor platform driven environment, across the market risk FIS engine and Activeviam limits platform.

• AI engineering is preferred.

• Understanding of market risk concepts including VaR, sensitivities, stress testing, limits management, market data and regulatory requirements.

• Proven ability to analyse complex technology landscapes, perform impact assessments and solve end-to-end business and technical challenges.

• Experience partnering with senior stakeholders across business, risk and technology functions.