Job Description

Req ID:

97004

Department:

Risk Institutional - Markets Risk

Division:

Risk

Location:

Bengaluru

About Us



At ANZ, we're shaping a world where people and communities thrive, driven by a common goal: to improve the financial wellbeing and sustainability of our millions of customers.



About the Role



ANZ is currently hiring for two roles in the Markets Risk Methodology team -- a Quantitative Analyst, and a Senior Quantitative Analyst.



As a Quantitative Analyst / Senior Quantitative Analyst for MARKETS RISK METHODOLOGY (MRM) in our Global Markets Risk team, you'll play a key role in development, enhancement, and ownership of market risk models and methodologies supporting Traded Market Risk (TMR), Non-Traded Market Risk (NTMR) and Counterparty Credit Risk (CCR) - including regulatory capital models and internal risk metrics (e.g., VaR, RNIV, Stress Testing).



You are expected to support or lead complex methodological changes or capital reform initiatives and act as a trusted advisor on market risk measurement practices, ensuring the modelling framework remains fit-for-purpose and appropriately calibrated to evolving market conditions and regulatory requirements.



The role requires expertise in quantitative modelling, regulatory frameworks, and risk analytics, with a strong focus on ensuring model integrity, accuracy, and compliance.



Banking is changing and we're changing with it, giving our people great opportunities to try new things, learn and grow. Whatever your role at ANZ, you'll be building your future, while helping to build ours.

Role Location:

Bengaluru

Role Type:

Permanent, Fulltime



What will your day look like?

As a Senior Quantitative Analyst, you will:

Lead the design, development, and implementation of market risk models for regulatory capital and internal risk metrics (e.g. VaR, RNIV, Stress Testing).

Support / lead regulatory and strategic change programs by delivering methodology components that underpin accurate capital and risk measurement.

Partner with Finance / Treasury / Front Office to ensure alignment of methodology with business economics and accurate reflection of risk in financial reporting.

Keep abreast of changes in operating environment and regulations (APRA or International regulation as required) and provide strategic advice to the Head of Traded Market Risk (TMR) / Head of Non-Traded Market Risk (NTMR) / Head of Counterparty Credit risk (CCR) / Group General Manager Markets Risk.

Lead model change initiatives, including remediation of regulatory findings, internal reviews, and audit observations.

Ensure full compliance with model governance, internal controls, and risk policies, including documentation and sign-off processes.

What will you bring?



To grow and be successful in this role, you will ideally bring the following:



8+ years (Quantitative Analyst) / 10+ years (Senior Quantitative Analyst) of experience in financial markets, with strong exposure to traded products across multiple asset classes and risk types, particularly in Traded Market Risk (TMR) and Counterparty Credit Risk (CCR).

Deep quantitative and technical expertise, ideally supported by an advanced degree (e.g. Master's or PhD) in Quantitative Finance, Financial Engineering, Mathematics, Physics, or a related discipline.

Strong programming and computational finance skills, with proficiency in language commonly used for model development or analysis (e.g. Python, R, C++, MATLAB).

Comprehensive understanding of market risk concepts and methodologies, including Value-at-Risk (VaR), Expected Shortfall, Stress Testing, Monte-Carlo simulation, PFE, XVA.

Strong knowledge of regulatory capital frameworks, particularly Capital Adequacy: Market Risk; experience with model governance and regulatory submission processes.

Excellent communication, interpersonal, and stakeholder management skills, with the ability to clearly explain complex quantitative topics to non-technical audiences, influence decisions, and represent Risk in senior-level discussions.

Demonstrated ability to work cross-functionally, engaging effectively with Risk, Front Office, Finance, Technology, Audit, and Regulators.

Proven leadership and mentoring capability, with experience guiding junior quants or managing contributors as part of larger project delivery.

Experience in regulatory engagement and audit interactions, including ability to lead responses to regulatory reviews, internal audits, and model validation challenge.

Familiarity with risk system architecture, including data pipelines, risk engines, and market data infrastructure.

Industry certifications (e.g. FRM, CQF) are advantageous but not essential.



You're not expected to have 100% of these skills. At ANZ a growth mindset is at the heart of our culture, so if you have most of these things in your toolbox, we'd love to hear from you.



So why join us?



From the moment you join ANZ, you'll be doing meaningful work that will shape a world where people and communities thrive.



But it's not just our customers who'll feel your impact. you'll feel it too. Because at ANZ, you'll have the resources, opportunities, and support you need to take the next big step in your career.



We're a diverse bunch at ANZ in different roles, different locations, doing different things. That's why we have a range of flexible working arrangements, so our people can 'make work, work for them'. We also provide a range of benefits including access to health and wellbeing services and discounts on selected products and services from ANZ and more.



At ANZ, you'll be part of an organisation where the different backgrounds, perspectives and life experiences of our people are celebrated. That's because we're committed to building a workplace that reflects the diversity of the communities we serve. We welcome applications from everyone and encourage you to talk to us about any adjustments you may require to our recruitment process or the role itself. If you are a candidate with a disability or access requirement, let us know how we can provide you with additional support.



. You can apply for this role by visiting ANZ Careers and searching for reference number 97004.



Job Posting End Date



06/06/2025 , 11.59pm, (Melbourne Australia)