Senior Quantitative Analyst, Markets Risk Model Validation - 12 Month Fixed Term Contract

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 seeking a Senior Quantitative Analyst, Markets Risk Model Validation (4.1) to provide senior‑level technical expertise, strong professional judgement and experience to support effective validation and robust model risk governance.

The Markets Risk Model Validation (MRMV) team is responsible for the independent validation of risk models across Traded Market Risk (TMR) and Non‑Traded Market Risk (NTMR), as well as Counterparty Credit Risk (CCR). This role will provide senior quantitative and governance expertise to support the delivery of prioritised validation work and key model governance deliverables, operating under ANZ’s established Model Risk Management framework.

Role Type: Secondment/ FTC
Role Location: Sydney
Work Hours: Fulltime 

What will your day look like?

• Lead and deliver end‑to‑end validation of Markets Risk model workstreams across TMR, NTMR and CCR.


• Define validation scope and testing approaches aligned to model materiality, purpose and governance expectations.


• Perform and review conceptual soundness assessments, implementation testing, benchmarking and performance analysis.


• Produce high‑quality validation reports and supporting analysis suitable for senior governance forums and regulatory oversight.


• Provide strong, evidence‑based review and challenge to model owners and developers.


• Support model governance outcomes through robust documentation, issue articulation and escalation.


• Engage constructively with Markets Risk, Technology, Audit and other stakeholders as required.

What will you bring?

• Extensive experience in financial markets across multiple asset classes.


• Advanced degree in a quantitative discipline, with extensive experience operating in senior quantitative or model risk roles.


• Advanced quantitative and analytical skills, including programming capability (e.g. Python, VBA, C/C++).


• Proven experience applying quantitative expertise in model validation or a closely related quantitative risk modelling environment.


• Demonstrated technical expertise in Markets Risk concepts and frameworks, with a strong understanding of industry best practice in model risk governance.


• Strong professional judgement, with the ability to articulate complex technical issues clearly.


• Excellent written communication skills and strong documentation discipline.


• Experience operating within formal model governance frameworks and under audit or regulatory scrutiny. 

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 https://www.anz.com.au/careers. You can apply for this role by visiting ANZ Careers and searching for reference number 110159 .
 

Job Posting End Date

23/02/2026 , 11.59pm, (Melbourne Australia)