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

As a Manager for collateral management, you’ll responsible for overseeing daily clearing and collateral operations, ensuring effective margining, collateral optimisation, regulatory compliance, and strong stakeholder engagement across Front Office, Risk, Legal, Operations, and external clearing houses. The role plays a key part in risk mitigation, control assurance, and service delivery excellence within ANZ’s Markets Operations framework.

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 Type: Permanent
Role Location: Bengaluru
Work Hours: Rotational Shift

What will your day look like?

As a Manager for collateral management, you are primarily responsible for:

• Manage end-to-end clearing and collateral processes across OTC and listed derivatives.
• Oversee margin calls (IM/VM), collateral movements, substitutions, reconciliations, and settlements.
• Ensure accurate and timely interaction with CCPs, custodians, clearing brokers, and counterparties.
• Monitor collateral eligibility, concentration limits, haircuts, and valuation methodologies.
• Contribute to regulatory change projects and new market infrastructure adoption.
• Drive efficiency, scalability, and resilience across clearing and collateral operations.

What will you bring?

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

• 10 to 12 years experience in clearing, collateral management, or derivatives operations within a global bank or financial institution.
• Strong understanding of margining, CCP clearing models, and collateral optimisation.
• Proven experience managing teams and complex stakeholder relationships.
• Sound knowledge of regulatory frameworks impacting clearing and collateral.
• Strong analytical, problem-solving, and decision-making skills.

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 110007.

Job Posting End Date

28/02/2026 , 11.59pm, (Melbourne Australia)