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 Markets Risk and Operational Risk Manager in our ANZ India Branch, you’ll play a key role in providing oversight of the Traded Market Risk (50%), Non-Traded Market Risk (35%) and second-line Operational Risk (15%) activities of the India Global Markets business with a view of ensuring that all material risks are identified, quantified using appropriate methodologies and managed/monitored against approved risk limits or in line with internal policy and risk framework requirements. The role will also support the Chief Risk Officer (CRO) in administering risk governance for ANZ India

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 Location: ANZ Branch, Mumbai, India

Role Type: Permanent, Full-time

What will your day look like?

• Ensure accuracy and understanding of inputs used in capital calculations.
• Oversee local valuation frameworks (curves, liquidity, observability, etc.) and explain key daily risk metrics such as VaR, NPV, and DV01 among others.
• Provide expertise in risk and valuation of INR products, including ModMifor, OIS, and Bond Forwards.
• Partner with stakeholders to meet RBI market risk regulations and minimize operational and compliance risks.
• Ensure adherence to the bank’s Market Risk framework while incorporating local regulatory requirements.
• Oversee trading‑floor operational risk and ensure alignment with Compliance and Operational Risk frameworks.
• Identify, analyze, and explain all Market Risks (Trading, Liquidity, IRRBB, NTFX), including inputs to VaR, stress-testing, back‑testing, and liquidity assessments.
• Lead relevant Risk initiatives and enforce good governance through the India Credit and Market Risk Committee (CMRC).
• Keep stakeholders informed of key Market and Operational Risk issues and promptly escalate breaches or significant incidents.

What will you bring?

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

• Demonstrated expertise in Markets Risk across Traded and Balance Sheet portfolios.
• Strong Operational Risk, complemented by high learning agility and a growth‑oriented mindset.
• Proactive, resourceful, and action‑driven, with a track record of taking initiative to resolve issues
• Skilled in influencing outcomes, managing diverse stakeholders, and navigating competing priorities with professionalism
• Excellent written and verbal communication skills, with the ability to convey complex concepts clearly.
• Tertiary qualifications in a relevant field

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?

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 are a candidate with a disability or access requirement, let us know how we can provide you with additional support.

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 111168.

Job Posting End Date

02/04/2026 , 11.59pm, (Melbourne Australia)