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(more about Macquarie)
Senior Analyst/Manager | Model Risk Management
Join our Model Risk team in Sydney who have global responsibility for ensuring the appropriateness and integrity of Capital, Provisioning and Stress Testing models across Macquarie.
At Macquarie, we are working to create lasting value for our communities, our clients and our people. We are a global financial services group operating in 34 markets and with 54 years of unbroken profitability. You’ll be part of a supportive team where everyone - no matter what role - contributes ideas and drive outcomes.
What role will you play?
As a Senior Analyst/Manager, you will play an active role in reviewing models that are used for Capital calculations (including both Market Risk and Credit Risk), Economic Capital, Stress Testing and Credit Provisioning (IFRS9/AASB9). This includes performing validation for models that are designed to comply with new standards such as FRTB and updates to APS117 (IRRBB) and APS113 (Credit). In addition, the team has global reach, performing validations for Finance and Group Treasury models as well as models used to meet the local regulatory requirements of Macquarie’s entities around the world. You will also use theoretical analysis and mathematical research for benchmarking /best practices to meet business needs and documentation of reviews.
What you offer
- Relevant qualification is a quantitative discipline
- Good understanding of financial markets and key risk factors for financial products
- Prior experience in a quantitative role with exposure to modelling and implementation
- Strong written and verbal communication skills with great attention to detail
- Interest in mathematics and coding and prior experience with Market Risk models will be advantageous.
We love hearing from anyone inspired to build a better future with us, if you're excited about the role or working at Macquarie we encourage you to apply.
Benefits
Macquarie employees can access a wide range of benefits which, depending on eligibility criteria and location, include:
- Hybrid and flexible working arrangements
- Wellbeing and service bonus leave
- Up to 20 weeks paid parental leave as well as benefits to support you as you transition to life as a working parent
- Paid volunteer leave and donation matching
- Range of benefits to support your physical, psychological and financial wellbeing
About the Risk Management Group
In our Risk Management Group, you will be part of an independent, and centralised function, responsible for independent and objective review and challenge, oversight, monitoring and reporting in relation to Macquarie’s material risks. Our divisions include behavioural risk, compliance, credit, financial crime risk, internal audit, market risk, operational risk and governance, prudential risk, and Risk Management Group central.
Our commitment to Diversity, Equity and Inclusion
We are committed to providing a working environment that embraces diversity, equity, and inclusion. We encourage people from all backgrounds to apply for a role regardless of their identity, including gender, race, ethnicity, cultural identity, nationality, age, sexual orientation, gender identity, intersex status, marital or family status, neurodiversity, religion or belief, disabilities, or socio-economic background.
If you require adjustments to your working arrangements or the recruitment process, please let us know when applying.