Audit Manager - Credit Risk and Models

Role summary

Written by MyIslandJob from the job title and employer. See the employer's page for the full description.

The Audit Manager – Credit Risk and Models leads or manages internal audits covering credit risk frameworks, lending processes, impairment, model governance, validation, and regulatory expectations. Candidates typically need significant banking or financial-services audit experience, strong knowledge of credit risk and quantitative models, and the ability to assess controls, risks, data, and governance arrangements. Professional qualifications such as CA, CPA, CIA, CFA, or equivalent are advantageous. The role requires clear communication, sound judgment, stakeholder-management skills, and the ability to present practical findings to senior management and audit committees. The successful candidate is expected to work independently, challenge constructively, manage audit engagements, coach team members, and deliver high-quality recommendations within agreed timeframes.

About the employer

ANZ Group Holdings Limited, commonly known as ANZ, is one of Australia and New Zealand’s major banking groups. Headquartered in Melbourne, ANZ provides retail, commercial, institutional, and private banking services, together with payments, lending, deposits, transaction banking, and wealth-related products. The bank serves millions of customers across Australia, New Zealand, and selected international markets. ANZ employs people across technology, risk, operations, finance, customer service, business banking, and institutional banking. As a large regulated financial institution, it places strong emphasis on responsible banking, risk management, compliance, cybersecurity, and sound governance. Its audit function provides independent assurance to the board and senior leadership, helping identify weaknesses and improve controls. ANZ promotes flexible working, professional development, and inclusive employment practices, although specific benefits and working arrangements vary by role and location.

Working in Australia

Australia offers opportunities in banking, technology, healthcare, construction, education, engineering, professional services, and skilled trades. Major employment centres include Sydney, Melbourne, Brisbane, Perth, Adelaide, and Canberra; Melbourne is especially strong for financial services and corporate roles. Australian workplaces are generally professional but informal, with emphasis on teamwork, clear communication, inclusion, and work-life balance. The lifestyle ranges from vibrant city living to beaches, national parks, sport, and outdoor travel. Living costs, particularly housing, can be high in Sydney and Melbourne. Skilled workers may enter through employer-sponsored visas, the Skilled Independent or State Nominated programs, or other eligible pathways; requirements change, so consult the Australian Department of Home Affairs. Relocating usually requires proof of qualifications, English ability, health and character checks, budgeting for housing, and tax or superannuation registration. Public transport and healthcare access vary by city.