• Job Description

  Req#: 45605

  About the role

  At ANZ our purpose is to shape a world where people and communities thrive. We’re making this happen by improving our customers’ financial wellbeing so they can achieve incredible things – be it buying their home, building a business or saving for things big or small.

  Stress testing, scenario analysis and credit forecasting are all key risk management practices at ANZ that allow us to highlight potential financial impacts from a wide range of risks. It is key to informing the level of capital ANZ needs to weather unanticipated risks or events. It’s also important in providing insights on rapidly evolving risk areas such as climate risk.
  

  Stress Testing & Forecasting resides in the Enterprise Risk team within the Risk Metrics & Measurement function. You will play a key leadership role in managing a dynamic team to drive the efficiency, consistency and accuracy of stress tests and credit metric forecasts for the ANZ Group, meeting Risk, regulatory and divisional needs.

  
  The role requires pro-active and regular collaboration with a diverse range of Risk, Treasury and Finance stakeholders to ensure a transparent, consistent and comprehensive approach to stress testing and forecasting. It requires an ability to identify issues and opportunities for improvement or simplification, and to think of how things might be done differently. We will require your strong thought leadership in the strategic planning for our future stress testing and forecasting needs, including consideration of future models and platforms, and how we will handle new sources of data for stress testing including climate or ESG data.

  Role Location: Melbourne preferred
  Role Type: Permanent, Full time
  

  What will your day look like

  
  Your key priorities and responsibilities include:

  • Lead the completion of credit stress tests and forecasts for the Group, identifying financial impacts and trends through detailed investigation of key credit metrics.
  • Complete country-specific ICAAP and other stress tests to meet local regulatory requirements
  • Lead internal working group of subject matter experts performing stress tests across different risk classes
  • Maintain a transparent and robust process for the inclusion of feedback to/ from stakeholders into the delivery or ratification of credit forecasts and stress tests
  • Develop plans and methodologies to complete stress tests for emerging risk types, such as climate risk for APRA and international regulators
  • Establish and lead trusted relationships with a range of stakeholders across Group Risk, Group Treasury, Finance, ANZ Research and Divisions
  • Advise senior management and committees on the outcomes and implications of credit stress tests and forecasts
  • Manage team to ensure continuous engagement, learning and development
  • Contribute to internal projects and external industry working groups
  • Shape longer-term strategic plan to meet ANZ’s future stress testing and forecasting needs

  What will you bring?

  We know not everyone will bring all of the skills and experience, and at ANZ we are focused on people bringing a growth mindset to their approach to work. Some of the skills we are looking for are below, but don’t worry if you don’t have all of these as learning on the job is the way we work.
  

  But back to some of the skills –

  • Analytical and long-term strategic mindset
  • Experience leading teams and fostering a team culture of learning, growth and excellence
  • Knowledge of credit metric methodologies
  • Ability to form close working relationships with a variety of business and technical stakeholders and influence/ negotiate with these.
  • An ability to organize and maintain delivery to regulatory or stakeholder deadlines.
  • Being comfortable dealing with new areas of risk, and challenging current practices and assumptions
  • Tertiary qualifications in finance/ economics/ mathematics/ statistics or relevant experience in Risk, Data Analytics, or Finance/ Treasury disciplines.

  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?

  
  This is an exciting time to be a leader within one of Australia's biggest banks as we take advantage of the rapid change and disruption of traditional banking business models.
  Our culture is critical to making this happen so that we can adapt, evolve, and to flourish over the long term. That’s why we ask our people to focus on three key things: Creating Opportunities, Delivering What Matters and Succeeding Together.

  
  We support our leaders with tools, tips and online coaching so that they can help their teams focus on these things too, helping them to grow and succeed in their roles.
  

  ANZ recognises the value of an inclusive and diverse work environment. We take pride in the diversity of our people and encourage applications from diverse candidates. If you are a candidate with a disability, let us know how we can provide you with additional support. Our recruitment decisions are based on the key inherent needs and requirements of each role, and candidates are selected based on their unique strengths and characteristics.

  We work flexibly at ANZ. Talk to us about how this role can be flexible for you.
  

  To find out more about working at ANZ or to view other opportunities visit www.careers.anz.com. You may apply for this role by visiting ANZ Careers and searching for reference number 45605.
  

  Job Posting End Date

  26/07/2023 , 11.59pm, (Melbourne Australia)

• About the company

  The Australia and New Zealand Banking Group Limited is an Australian multinational banking and financial services company headquartered in Melbourne, Victoria.

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