Quantitative Analyst, Markets Risk Model Validation - 12 Month Fixed Term Contract 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 Quantitative Analyst, Markets Risk Model Validation to apply strong quantitative skills, technical expertise, and professional judgement to support effective validation delivery 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 support the delivery of prioritised validation work and key model governance deliverables, operating under ANZ’s established Model Risk Management framework.

Role Type: 12 Month Secondment/ FTC
Role Location: Sydney
Work Hours: Fulltime 

What will your day look like?

• Deliver end‑to‑end validation activities across Markets Risk models spanning TMR, NTMR and CCR.
• Perform quantitative analysis to support conceptual soundness reviews, implementation testing, benchmarking and performance analysis.
• Support definition of validation scope and testing approaches aligned to model materiality, purpose and governance expectations.
• Produce high‑quality validation reports and supporting analysis suitable for senior governance forums and regulatory oversight.
• Provide strong, evidence‑based review and challenge of model assumptions, methodologies and implementation.
• 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?

• Demonstrated experience in financial markets across multiple asset classes.
• Degree in a quantitative discipline (e.g. Mathematics, Statistics, Physics, Engineering or Quantitative Finance); postgraduate qualifications preferred.
• 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 understanding of Markets Risk concepts and frameworks, and industry best practice in model risk governance.
• Strong professional judgement, with the ability to clearly articulate technical issues.
• 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 110160 .
 

Job Posting End Date

27/02/2026 , 11.59pm, (Melbourne Australia)