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
* The role of Markets Risk Model Validation quantitative analyst (4.2) is responsible for providing validation of risk models across Traded Market Risk (TMR) & Non-Traded Market Risk (NTMR), as well as Counterparty Credit Risk (CCR); in particular for risk engine or regulatory capital model validations.
* The role also provides quantitative risk support to new product development and provides quantitative subject matter expertise supporting a range of stakeholders across Markets Risk (all areas & asset classes) and supports Regulatory projects and Audit remediation work.
* This role reports to the Head of Markets Risk Model Validation (MRMV) responsible for Markets Risk Models Validation.
Role Type: 12 Month Secondment/ FTC
Role Location: Melbourne
Work Hours: Fulltime
What will your day look like?
Financial
* Validation of risk models and implementations of risk engine or regulatory capital standard models – this covers large parts of TMR, NTMR & CCR, both systems and bespoke models
* Validation work in meeting Regulatory & Audit commitments
* Provide stakeholder assistance to ensure smooth operations of risk measurement and reporting systems within Markets Risk; in particular provide quantitative support and assistance to Product managers, Technology and reporting functions in day-to-day activities of Markets Risk.
• Contribute to discussion of risk, regulatory and validation issues and how they will be handled by Risk MMV
Risk:
* Maintain, in fact and in appearance, appropriate independence from model ownership and methodology development in all validations
* Assist quantitatively in ensuring the integrity of risk systems and the risk metrics they generate for ANZ's Trading operations
* Assist in remediation of Audit issues and ensure all op risk, compliance and risk requirements of the job are 100% met.
Customer:
* Provide proactive risk support to Markets Risk product managers & other Mkts Risk teams, as well as to associated functions (Finance, Front Office, technology etc)
* Provide technical & quant assistance, and work to increase the technical & quant skills and understanding of other Mkts Risk teams
* Work effectively with all stakeholders in project work and negotiate project priorities effectively to ensure efficient delivery
People:
* Work well with key stakeholders & communicate quant issues effectively to ensure informed planning.
* Maintain and enhance quantitative knowledge across asset classes and areas of risk to maximise versatility and assistance to the broader Mkts Risk function
* Contribute to a good team culture of speaking up, learning & collaboration, and contribute to a team reputation for selflessly assisting the broader Mkts Risk function
What will you bring?
'Must have' knowledge, skills and experiences
List key 'must have' knowledge, skills, experiences (KSE) that are relevant to this role. 'Must haves' are critical and fundamental KSEs to perform the role.
The 'must have' knowledge, skill and experience (KSE) the role requires are:
• Experience in Financial markets across a number of asset classes
• Strong analytical skills and deep knowledge of financial mathematics, including the pricing and risk-attributes of derivatives products (swaps, options, exotics)
• Strong computational finance skills, including some programming expertise (C/C++, VBA, or Python etc)
• Strong understanding of markets risk concepts such as VaR, sensitivities, FVA, CVA, CSA-aware discounting etc and their mathematical calculation and properties
• Good interpersonal & communications skills with ability to work cross-functionally, across different business areas and stakeholder groups
'Good to have' knowledge, skills and experiences
List key 'good to have' knowledge, skills, experiences (KSE) that are relevant to this role. 'Good to haves' are considered advantageous KSEs to perform the role.
The 'good to have' knowledge, skill and experience (KSE) the role requires are:
• Experience in Markets Risk
• Advanced degree in a quantitative field of study (Maths, Physics, Actuarial Studies or Quant Finance etc)
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're a candidate with a disability or access requirement, and have an enquiry about the support provided, please let us know on your application or visit ANZ Accessibility and Inclusion Programs for alternate contact methods.
To find out more about working at ANZ, visit You can apply for this role by visiting ANZ Careers and searching for reference number
Job Posting End Date
, 11.59pm, (Melbourne Australia)