Associate Director | Model Risk

vor 2 Wochen


Sydney, Österreich Macquarie Bank Limited Vollzeit

Join our Model Risk Management team based in Sydney who have a global responsibility for ensuring that key financial and risk models used by Macquarie are appropriately managed and validated.

At Macquarie, our advantage is bringing together diverse people and empowering them to shape all kinds of possibilities. We are a global financial services group operating in 34 markets and with 55 years of unbroken profitability. You’ll be part of a friendly and supportive team where everyone - no matter what role - contributes ideas and drives outcomes.

What role you will play?

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As an Associate Director, you will lead a team that plays an active role in reviewing models and calculations that are used for Market Risk, Treasury Risk and Liquidity Risk. This includes performing validation for risk models designed to comply with APS116 for Traded Market Risk, APS117 for Interest Rate Risk in the Banking Book, APS210 for Liquidity Coverage Ratio and Net Stable Funding Ratio, several of which are undergoing transition into new regulatory frameworks including the Fundamental Review of the Trading Book (FRTB). In addition, the team has global reach performing validations used to meet the local regulatory requirements of Macquarie’s entities around the world. You will work closely with the relevant stakeholders across the organisation including Market Risk, Prudential Risk, Group Treasury and the FRTB project team.

What you offer

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  • Ability to lead a team, including guidance, training and direction on performing appropriate risk-based model validations
  • Extensive experience in risk management
  • Good understanding of financial markets and key risk factors for financial products
  • Ability to partner with stakeholders to influence favourable outcomes through effective communication and negotiation skills
  • An analytical mindset which balances commercial needs with the relevant risks
  • Working knowledge of the relevant regulations is 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. About the Risk Management Group

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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 Compliance, Credit, Financial Crime Risk, Internal Audit, Market Risk, Operational Risk, Prudential Risk, and Risk Management Group Central.

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Macquarie employees can access a wide range of benefits which, depending on eligibility criteria, include:

  • Hybrid and flexible working arrangements
  • One wellbeing leave day per year and up to five additional days leave based on length of service
  • 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
  • Access to a wide range of learning and development opportunities
Our commitment to diversity, equity and inclusion

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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.

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