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 role is for a Model Risk Management (MRM) Quant, an individual contributor based in Bangalore, who will be a key member of the Global Front Office Quants and Analytics team and would be working on the Front office testing and governance of Fixed income derivatives models on Sky platform.

The role requires product knowledge in one or more of following asset classes, to understand and test the pricing, risk and PnL analytics for the various desks in ANZ markets business:

1. Interest Rate
2. FX
3. Commodity
4. Credit

Cross asset product knowledge including understanding of XVA framework would be greatly advantageous.

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

What will your day look like?

As an MRM Quant - Manager, you will:

• Engage with Senior Quants and Quant Developers to understand the expected model behaviour
• Identify and perform various tests to ensure that the model performs as expected
• Challenge Model assumptions and find out limitations of the models
• Document the model validation exercise
• Develop tools in C++, Python or Excel to enhance the testing scope and to automate the existing processes
• Work on ad-hoc projects to help better monitor the models and to increase the test coverage

What will you bring?

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

• Appropriate academic degree (MBA in Finance, Master’s in Financial Engineering, Mathematics or equivalent from tier-1 university)
• 4+ years of experience in a similar role and knowledge in derivative pricing models of any of the asset classes
• Knowledge of Fixed income OTC derivatives products
• Excellent Mathematical Skills including Stochastic calculus and Numerical methods
• Good programming skills (preferably C++ or Python)
• Be a strong team player and develop a strong relationship with members of the Quant team
• Build and maintain collaborative relationships with all stakeholders to enable the timely delivery of tasks
• Be willing to take responsibility for meeting deadlines

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?

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 97487

Job Posting End Date

04/06/2025 , 11.59pm, (Melbourne Australia)