Job Overview & Organization Mission

Analyze credit risk, cash flow solvency, and debt covenants for multi-hundred million dollar institutional borrower facilities.

ANZ is seeking an accomplished Senior Credit Risk Analyst to join our Institutional Banking risk group in Melbourne. You will evaluate underwriting risk, complex corporate structures, and syndicated debt proposals for ASX 200 corporate clients across energy, retail, and real estate sectors.

As a key member of the team at ANZ Banking Group in Melbourne, VIC, you will play a central role in driving excellence, upholding top-tier Australian industry standards, and contributing directly to the strategic milestones of one of the nation’s premier employers.

Key Duties & Core Responsibilities

In this critical role, your operational duties and key performance responsibilities will encompass:

• Conduct comprehensive: Conduct comprehensive financial statement spreads, cash-flow stress tests, and leverage sensitivity models.
• Author rigorous: Author rigorous credit assessment memorandums recommending credit ratings and lending covenants.
• Monitor ongoing: Monitor ongoing borrower performance, covenant compliance certificates, and annual review cycles.
• Ensure adherence: Ensure adherence to APRA Prudential Standard APS 220 (Credit Risk Management).
• Collaborate with: Collaborate with institutional coverage bankers to structure complex cross-border financing facilities.

Required Qualifications, Licenses & Experience

To be successful in this position at ANZ Banking Group, candidates are expected to satisfy the following essential selection criteria:

• Mandatory Qualification: Bachelor of Commerce, Finance, or Economics & CFA / CA preferred.
• Relevant Experience: Minimum 5+ Years of verified industry experience in Australia or recognized overseas equivalence.
• Degree in Finance, Accounting, Economics, or related quantitative field.
• 5+ years commercial or institutional credit risk analysis in an Australian or global bank.
• Advanced financial statement modeling and debt covenant structuring skills.
• CFA charterholder or CA/CPA qualification is advantageous.

Core Competencies & Key Technical Proficiencies

The successful applicant will possess demonstrated capabilities across the following domain skill sets:

Salary, Compensation & Employee Benefits

At ANZ Banking Group, we understand that our people drive our achievements. An outstanding remuneration and wellbeing package is provided in line with Australian benchmarks:

• Competitive Remuneration: AU$140,000 – AU$175,000 per year + standard Australian Superannuation (11.5%).
• Salary $140,000 – $175,000 + 11.5% super + performance bonus.
• Docklands waterfront modern campus with outstanding onsite amenities.
• Flexible hybrid work arrangements and active health and fitness programs.
• Leave Entitlements: 4 weeks annual leave (with 17.5% annual leave loading where applicable) plus 10 days paid personal/carer’s leave.
• Flexible Work: Progressive work-life balance options with supportive corporate culture and leadership development pathways.

About the Employer: ANZ Banking Group

ANZ is one of the four largest Australian banks, supporting trade and capital flows across Australia, New Zealand, and the Asia-Pacific.

ANZ Banking Group is deeply committed to building diverse, equitable, and culturally inclusive work environments. We proudly celebrate diversity and welcome applications from all qualified individuals including First Nations Australians, people with disabilities, and candidates from culturally and linguistically diverse backgrounds.

Application Process & Next Steps

Applications for this position are currently open and being reviewed on a rolling basis. Suitable candidates are encouraged to apply as early as possible before the published closing date.

Please prepare an updated Curriculum Vitae (CV) and a tailored Cover Letter highlighting your relevant experience against the key selection criteria outlined above.

To proceed with your application, click the Apply on Employer Site button to access the official ANZ Banking Group careers gateway.