Associate Director - NFR Control Testing, Markets

Req ID: 121507

Department: Insto - Non-Financial Risk - Controls Testing

Division: Institutional

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 customers. Our Institutional bank helps our largest customers move trade and capital around the region, providing our people with great opportunities to build their technical expertise and their careers.

About the Role

The Associate Director, Control Testing - Markets plays a critical role in strengthening the Non-Financial Risk (NFR) framework by identifying opportunities to centrally monitor and test controls at scale, driving sustainable risk outcomes across Global Markets.

The role is accountable for supporting the execution of the Control Self-Assessment (CSA) framework in partnership with Control Owners across Global Markets. Working across products, processes, and value chains within the First Line of Defence, the incumbent will apply data-driven approaches to assess control design and operating effectiveness, identify control weaknesses and thematic issues, and drive well-prioritised remediation actions.

The role will champion continuous improvement in control design, automation, monitoring coverage, and testing methodologies while ensuring testing activities are governed, traceable, timely, and aligned with enterprise risk management standards and regulatory expectations. Success in this role requires strong leadership, stakeholder engagement, analytical capability, and the ability to influence risk-aware decision making across the business.

Role Type: Permanent
Role Location: Bengaluru

What will your day look like?

Control Testing & Monitoring

Lead and execute risk-based control monitoring and testing across Global Markets products, processes, and value chains.
Identify opportunities to improve monitoring coverage through centralisation, standardisation, automation, and reporting enhancements.
Assess control design and operating effectiveness using data-driven testing methodologies.
Identify control weaknesses, emerging risks, and thematic issues, providing recommendations to strengthen controls and improve risk outcomes.
Ensure all testing activities are performed in accordance with enterprise risk frameworks, governance standards, and regulatory requirements.

Risk Assessment & Remediation

Analyse testing results and translate findings into clear, actionable insights for business stakeholders.
Identify, document, and escalate non-financial risk issues in line with the Risk Management Framework.
Support root-cause analysis and development of sustainable remediation actions to address control deficiencies.
Monitor remediation progress and provide challenge where required to ensure timely risk treatment.

Stakeholder & Governance Management

Partner with Control Owners, business stakeholders, Risk, Compliance, and Audit teams to strengthen control ownership and accountability.
Drive constructive discussions on control effectiveness, risk themes, and improvement opportunities.
Support governance forums through meaningful reporting, trend analysis, and risk insights.
Promote alignment with enterprise risk management standards and regulatory expectations.

Data, Analytics & Continuous Improvement

Leverage data analytics, reporting, and insights to enhance control testing effectiveness and identify risk trends.
Support the implementation of automated monitoring and testing solutions where appropriate.
Drive continuous improvement of testing methodologies, governance practices, and reporting capabilities.
Contribute to strengthening the overall Control Self-Assessment (CSA) framework and control environment.

Leadership & Capability Building

Provide leadership, coaching, and guidance to team members while fostering a collaborative and high-performing culture.
Build capability across the business by promoting understanding of control obligations, testing expectations, and non-financial risk management.
Influence stakeholders to embed sustainable control improvements and strengthen risk culture.
Role model ANZ values and behaviours while supporting a strong control and governance environment.

What will you bring?

15+ years' experience in Global Markets, Institutional Banking, Risk Management, Non-Financial Risk, Controls Assurance, Internal Audit, or related financial services environments.
Strong experience in control testing, monitoring, assurance, audit, risk assessment, and control governance.
Sound understanding of Global Markets products, processes, and associated non-financial risks.
Knowledge of control design and operating effectiveness testing methodologies.
Strong understanding of risk management frameworks, governance standards, and regulatory requirements.
Proven ability to identify control weaknesses, assess risks, perform root-cause analysis, and support remediation.
Strong analytical, problem-solving, and data interpretation skills.
Experience applying data-driven approaches to control testing and monitoring.
Excellent stakeholder management, influencing, and communication skills.
Ability to present complex findings and recommendations to senior stakeholders.
Demonstrated leadership experience, including coaching and developing team members.
Strong planning, prioritization, organizational, and project management skills.
High attention to detail and commitment to governance, quality, and compliance.
Experience enhancing control monitoring, testing, automation, or reporting capabilities.
Exposure to regulatory remediation, risk transformation, or control uplift initiatives.
Experience working within governance, risk, compliance, audit, or assurance frameworks.
Experience using analytics, reporting, or visualization tools.
Knowledge of operational resilience, conduct risk, technology risk, third-party risk, and regulatory change management.

So why join us?

ANZ is a place where big things happen as we work together to provide banking and financial services across more than 30 markets. With more than 7,500 people, our Bengaluru team is the bank's largest technology, data and operations centre outside Australia. In operation for over 33 years, the centre is critical in delivering the bank's strategy and making an impact for our millions of customers around the world. Our Bengaluru team not only drives the transformation initiatives of the bank, it also drives a culture that makes ANZ a great place to be. We're proud that people feel they can be themselves at ANZ and 90 percent of our people feel they belong.

We know our people need different things to be great in their role, so we offer a range of flexible working options, including hybrid work (where the role allows it). Our people also enjoy a range of benefits including access to health and wellbeing services.

We want to continue building a diverse workplace and welcome applications from everyone. Please 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 requirements, let us know how we can provide you with additional support.

To find out more about working at ANZ visit https://www.anz.com/careers/. You can apply for this role by visiting ANZ Careers and searching for reference number

121507

Job Posting End Date

17/08/2026, 11.59pm, (Melbourne Australia)