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Senior Associate, Operational Risk (B&PB Value Chain)

Australia ANZ Bank Approximately AUD $120,000–$150,000 base salary per year, plus superannuation and potential bonus.*
Job Description

This role supports operational risk management across ANZ’s Private and Business Banking value chain in Australia. Requirements typically include experience in operational risk, risk and control assessments, incident management, governance, regulatory obligations, and control testing, preferably within banking or financial services. Strong analytical, communication, stakeholder-management, and report-writing skills are expected, along with the ability to interpret policies and translate risk information into practical business actions. The successful candidate will work with business and control teams, challenge risk decisions constructively, identify emerging risks, support assurance activities, and help maintain a strong risk culture. Relevant qualifications in risk, finance, business, audit, or a related discipline are advantageous.

Company Info

ANZ Bank is one of Australia and New Zealand’s major financial institutions, providing retail, commercial, institutional, and private banking services. Founded in Australia, ANZ operates across Australia, New Zealand, and selected international markets, supporting individuals, businesses, corporations, and government-related customers. Its services include everyday banking, home lending, business finance, payments, wealth solutions, financial markets, and institutional banking. ANZ employs thousands of people across technology, customer service, risk, operations, finance, and specialist banking functions. The bank places strong emphasis on responsible banking, regulatory compliance, customer outcomes, digital transformation, inclusion, and sustainable business practices. Its Sydney operations offer opportunities in professional and corporate roles, including operational risk and governance positions that work closely with business units and control functions.

Destination Guide

Australia offers strong career opportunities in banking, technology, healthcare, construction, education, engineering, and professional services, especially in Sydney, Melbourne, Brisbane, Perth, and Canberra. Workplace culture is generally collaborative, practical, and relatively informal, with emphasis on communication, accountability, and work-life balance. Lifestyle varies from major-city dining and cultural events to beaches, national parks, and outdoor activities. Sydney is energetic and well connected but has high housing and living costs. Skilled professionals may qualify for employer-sponsored visas, skilled migration pathways, or temporary work visas; eligibility depends on occupation, qualifications, experience, English ability, and sponsorship. Before relocating, candidates should confirm visa rules through Australia’s Department of Home Affairs. Plan for accommodation, tax file registration, healthcare arrangements, transport, and superannuation. Australia is geographically isolated, so international travel can be lengthy and expensive.

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