Associate - Financial Crime Risk (AML, Sanctions & ABAC)

Australia and New Zealand Banking Group Limited; Bengaluru; Hybrid; INR 1,800,000 - 2,600,000; Full time

Job summary

ANZ in Bengaluru, India, invites applications for the Associate – Financial Crime Risk Oversight & Opinion to join the FC&C CoE within the Institutional NFR Centre of Excellence. The role focuses on coordinating risk opinions across customers, products, and channels while ensuring FC risks stay within ANZ's risk appetite.

You will work with subject matter experts, business stakeholders, and risk teams on risk assessments, governance reporting, data analysis, and risk insights to enable effective

Qualifications

• 7+ years of professional experience, including 4+ years in Financial Crime Risk within Institutional Banking.
• Experience in Financial Crime Risk, Compliance, Risk Management, Audit, or Non-Financial Risk functions.
• Strong knowledge of AML, CTF, Sanctions, Fraud and related regulatory obligations.
• Strong knowledge of ABAC frameworks, controls, and risk management practices.
• Experience supporting risk assessments, risk oversight activities, governance programs, or compliance initiatives.
• Excellent communication and stakeholder management skills.
• Understanding of local and international Financial Crime regulations and regulatory expectations.
• Exposure to ABAC regulations, third-party due diligence, and related compliance programs.

Responsibilities

• Support the provision and documentation of Financial Crime and Fraud risk opinions relating to high-risk customers, products, and business activities.
• Partner with business stakeholders to support the effective management of Financial Crime risks within approved risk appetite.
• Prepare risk insights, management information (MI), and reporting for Institutional risk forums, governance committees, and key stakeholders.
• Assist in the collation and analysis of information relating to Financial Crime risk opinions and product or channel risk assessments.
• Support product managers by providing feedback on risk mitigation controls and identifying potential control enhancements.
• Monitor Financial Crime and Fraud risk profiles across the Institutional business, identifying emerging risks, trends, and anomalies for further review.
• Analyse issues, incidents, and risk data to identify systemic themes and support remediation and continuous improvement initiatives.
• Support the ongoing management of Non-Financial Risk through data analysis, reporting, and risk oversight activities.
• Build strong collaborative relationships across business, compliance, risk, and control functions.
• Contribute to the success of a high-performing and engaged Centre of Excellence team.

Skills

Financial Crime Risk

Compliance

Risk Management

Stakeholder Management

Data Analysis

Governance Reporting

Analytical Thinking

Communication Skills

Non-Financial Risk

ABAC Knowledge

Job description

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Associate - Financial Crime Risk (AML, Sanctions & ABAC)

Department: Insto - Non-Financial Risk - Fin Crime & Fraud Ris

Division: Institutional

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

Reporting to the Senior Associate – Risk Opinions & Oversight, the Associate – Financial Crime Risk Oversight & Opinion role forms part of the Financial Crime & Compliance Centre of Excellence (FC&C CoE) within the broader Institutional Non-Financial Risk (NFR) Centre of Excellence.

This role supports the delivery of Financial Crime and Fraud (FC&F) risk oversight across the Institutional business. You will contribute to the coordination and documentation of risk opinions across customers, products, and channels, helping ensure Financial Crime risks remain within ANZ's risk appetite. Working closely with subject matter experts, business stakeholders, and risk teams, you will support risk assessments, governance reporting, data analysis, and risk insights to enable effective risk management and decision-making.

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.

What will your day look like?

As an Associate – Financial Crime Risk Oversight & Opinion, you will:

• Support the provision and documentation of Financial Crime and Fraud risk opinions relating to high-risk customers, products, and business activities.


• Partner with business stakeholders to support the effective management of Financial Crime risks within approved risk appetite.


• Prepare risk insights, management information (MI), and reporting for Institutional risk forums, governance committees, and key stakeholders.


• Assist in the collation and analysis of information relating to Financial Crime risk opinions and product or channel risk assessments.


• Support product managers by providing feedback on risk mitigation controls and identifying potential control enhancements.


• Monitor Financial Crime and Fraud risk profiles across the Institutional business, identifying emerging risks, trends, and anomalies for further review.


• Analyse issues, incidents, and risk data to identify systemic themes and support remediation and continuous improvement initiatives.


• Support the ongoing management of Non-Financial Risk through data analysis, reporting, and risk oversight activities.


• Build strong collaborative relationships across business, compliance, risk, and control functions.


• Contribute to the success of a high-performing and engaged Centre of Excellence team.

What will you bring?

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

• Overall 7+ years of professional experience, including 4+ years of relevant experience in Financial Crime Risk within Institutional Banking.


• Experience in Financial Crime Risk, Compliance, Risk Management, Audit, or Non-Financial Risk functions.


• Strong understanding of Financial Crime risk, including Anti-Money Laundering (AML), Counter-Terrorism Financing (CTF), Sanctions, Fraud, and related


• regulatory obligations.


• Strong knowledge of Anti-Bribery and Anti-Corruption (ABAC) frameworks, controls, and risk management practices.


• Experience supporting risk assessments, risk oversight activities, governance programs, or compliance initiatives.


• Knowledge of Non-Financial Risk frameworks and risk management principles.


• Strong analytical capabilities with the ability to interpret complex risk data, identify trends, and provide meaningful insights.


• Experience preparing governance materials, management reporting, and risk insights for senior stakeholders.


• Excellent communication and stakeholder management skills with the ability to build trusted relationships across multiple business functions.


• Strong planning, prioritization, and organizational skills with a proactive, outcome-focused mindset.


• Demonstrated ability to take ownership, drive continuous improvement, and contribute to a positive team culture.


• Exposure to Financial Crime Risk Opinions, Customer Risk Assessments, Enhanced Due Diligence (EDD), or High-Risk Customer Reviews.


• Understanding of local and international Financial Crime regulations and regulatory expectations.


• Knowledge of ABAC regulations, including exposure to anti-bribery and corruption risk assessments, third-party due diligence, and related compliance programs.

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.