Senior Associate Control Testing Transaction Banking

ANZ; Bengaluru; Hybrid; INR 1,800,000 - 2,400,000; Full time

Benefits offered by this job

Hybrid work options

Health and wellbeing services

Job summary

ANZ is seeking a senior professional to strengthen the Institutional Transaction Banking control environment. The role focuses on monitoring and testing controls at scale, driving non-financial risk outcomes, and supporting the CSA program across products and processes.

You will work with Control Owners to identify gaps and drive remediation, automation, and governance improvements. Based in Bengaluru, this permanent role emphasizes proactive risk culture and end-to-end control ownership.

Qualifications

• 10+ years experience in Transaction Banking or related risk roles.
• Strong knowledge of Non-Financial Risk frameworks and regulatory requirements.
• Experience applying governance standards, documentation requirements, and evidence-based testing approaches.
• Ability to leverage data and analytics to support risk assessments and decision-making.

Responsibilities

• Plan, coordinate, and execute risk-based control monitoring and testing activities across products, processes, and value chains.
• Assess design adequacy and operating effectiveness of controls using data-driven testing.
• Translate CSA outcomes into prioritized remediation actions and improvements.
• Ensure monitoring and testing activities align with enterprise risk standards and regulatory expectations.
• Maintain audit-ready documentation and evidence management.

Skills

Transaction Banking

Non-Financial Risk

Risk management

Data analytics

Stakeholder management

Governance

Communication

Job description

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

This role is focused on strengthening the Institutional Transaction Banking division's control environment by identifying opportunities to centrally monitor and assess controls at scale, driving optimal Non-Financial Risk (NFR) outcomes.

The incumbent will be responsible for supporting and executing the Control Self-Assessment (CSA) program in partnership with Control Owners across Institutional Transaction Banking. The CSA framework is applied across products, processes, and value chains within the First Line of Defence to evaluate control design and operating effectiveness using data-driven methodologies.

The role is responsible for identifying control gaps, non-compliance, and thematic risk issues, translating findings into clear, prioritized remediation actions and continuous improvement initiatives. A strong emphasis is placed on enhancing control design, automation, monitoring coverage, and governance practices while ensuring all activities align with enterprise risk standards and regulatory obligations.

Working closely with Control Owners, business stakeholders, and risk subject matter experts, the role will help strengthen the end-to-end control environment, foster a proactive risk culture, and drive sustainable, root‑cause‑focused remediation outcomes.

Role Type: Permanent

Location: Bengaluru

What will your day look like?

Lead and Deliver Risk-Based Control Monitoring, Testing, and Control Self-Assessment Activities

• Plan, coordinate, and execute risk-based control monitoring and testing activities across assigned products, processes, and value chains.
• Assess the design adequacy and operating effectiveness of controls using data-driven testing methodologies.
• Facilitate and formalize Control Self-Assessment (CSA) outcomes in partnership with accountable Control Owners.
• Ensure monitoring and testing activities are executed in accordance with enterprise risk standards, governance requirements, and regulatory expectations.
• Maintain high-quality documentation, evidence management, and audit-ready records to support assessment outcomes.

Translate Findings into Actionable Insights and Remediation

• Convert monitoring and testing outcomes into clear, concise, and prioritized insights that support effective decision-making and risk management.
• Identify, document, and escalation Non-Financial Risk issues in accordance with the Risk Management Framework.
• Leverage centralized reporting and analytics to identify emerging themes, trends, and areas requiring management attention.
• Drive improvements in control effectiveness through targeted remediation, automation opportunities, and process enhancements.
• Monitor remediation progress and support sustainable resolution of identified control weaknesses.

Strengthen Risk Capability and Control Ownership

• Partner with Control Owners, business leaders, and Second and Third Line stakeholders to strengthen understanding of Non-Financial Risk, controls, and monitoring expectations.
• Support the design and implementation of sustainable control improvements that reinforce accountability and strong control ownership.
• Promote a culture of proactive risk management and continuous improvement across business teams.
• Ensure monitoring and testing activities align with broader enterprise risk frameworks and regulatory obligations to maintain a consistent and well-governed control environment.

What will you bring?

• 10+ years experience in Transaction Banking, with exposure to Non-Financial Risk, Operational Risk, Controls, Audit, Compliance, or Risk Management.
• Strong understanding of control testing, monitoring, and assessment methodologies, including design and operating effectiveness reviews.
• Knowledge of Non-Financial Risk frameworks, regulatory requirements, and risk management practices.
• Experience applying governance standards, documentation requirements, and evidence-based testing approaches.
• Ability to leverage data and analytics to support risk assessments, control monitoring, and decision-making.
• Strong stakeholder management and collaboration skills across business, risk, and control functions.
• Excellent communication skills with the ability to translate complex findings into clear, actionable recommendations.
• Strong attention to detail and commitment to governance, documentation, and quality standards.
• Experience identifying opportunities to improve control effectiveness through process enhancement, analytics, or automation
• Exposure to regulatory change, remediation programs, and control uplift initiativesStrong analytical mindset with the ability to support forward-looking risk management
• Experience fostering risk awareness and embedding sound risk management practices within frontline business teams

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.

Job Posting End Date 24/08/2026, 11.59pm, (Melbourne Australia)