Associate Director - NFR Control Testing, Markets
ANZ Banking Group LimitedAbout the role
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 ser
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