Manager/Senior Manager in Sydney

Our team leads enterprise-wide stress testing and provides balance sheet and risk insights across a range of key programmes. We manage the end-to-end stress testing process, oversee model risk activities and deliver climate scenario analysis to support sustainability reporting and climate risk resilience assessments. We are a global financial services group operating in 30 markets with 57 years of unbroken profitability. At Macquarie, you’re empowered to shape a career that is fulfilling and creates value. You will bring your insights and expertise to the task at hand and feel supported as you make your own kind of impact for a better future.

What role will you play? In this role you will lead and strengthen the first-line model risk management framework for stress testing while supporting the delivery and enhancement of climate scenario analysis. You will work closely with Risk, Finance and business teams to oversee model governance, challenge assumptions and methodologies, and translate complex outputs into clear insights for senior stakeholders, governance forums and reporting.

What You Offer

• 4+ years’ of experience in model risk management, model governance, validation, stress testing or a related risk discipline within a regulated financial institution.
• Strong understanding of model risk frameworks, governance, controls, policies and standards, including model lifecycle management.
• Experience working with model owners, validation teams and senior stakeholders to identify, manage and remediate model risk issues.
• Experience in climate scenario analysis, climate risk or financial stress testing, with the ability to assess assumptions, interpret results and understand financial risk impacts.
• Strong analytical and stakeholder management skills, with the ability to communicate complex risk insights clearly and drive continuous improvements; experience with Python, data analytics or quantitative modelling is highly regarded.

What We Offer

At Macquarie, you’re empowered to shape a career that’s rewarding in all the ways that matter most to you. Macquarie employees can access a wide range of benefits which, depending on employment type, include:

• 1 wellbeing leave day per year
• Up to 5 additional service bonus leave days per year
• Up to 20 weeks’ paid parental leave for primary caregivers along with 12 days of transition leave upon return to work, and 6 weeks’ paid leave for non-primary caregivers
• 2 days of paid volunteer leave and donation matching
• Up to 12 months’ gender affirmation leave, including 6 weeks’ paid leave
• Access to Employee Assistance Program and wellbeing benefits including skin and health checks, and flu vaccinations
• Access to a wide range of salary packaging options
• Access to a wide range of learning and development opportunities, including reimbursement for professional membership or subscription
• Hybrid and flexible working arrangements, dependent on role
• Reimbursement for work from home equipment

About Financial Management, People and Engagement

Financial Management, People and Engagement (FPE) provides a single interface for Macquarie’s businesses across key areas of people, strategy, communications and financial management. Comprising two pillars – Financial Management, and People and Engagement – it is responsible for managing the Group’s financial, tax and treasury activities and strategic priorities, fostering our culture through people and community engagement strategies, and engaging with stakeholders to protect and promote Macquarie’s reputation globally.

Inclusion at Macquarie

We are committed to providing an inclusive environment for all, where different experiences, skills and perspectives are valued and respected. Macquarie provides access to opportunities for all individuals regardless of race, colour, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other characteristic or circumstance.