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Operational Risk Capital & Scenarios Senior Analyst, Sydney


Join our risk management group as a member of the Operational Risk Capital Team and take on responsibility for the design, calculation, and co-ordination of the Operational Risk Scenarios, as well as Capital and Stress Testing (ICAAP).

As a pivotal member of the team, you will be responsible for calculation of the bank’s operational risk capital requirements. You work closely with the business and risk communities to quantify our material non-financial risks using a scenario-based approach. You will support the identification of survival threatening risks by analysing internal and external loss data while keeping abreast of developments in the other parts of the Operational Risk Management Framework and the overall business environment. You will actively participate in the Group-wide and entity specific stress tests as well as any ad hoc capital adequacy related analysis. You will also be responsible for preparing regulatory capital returns and assisting with capital-related regulatory inquiries and/or regulatory change projects.

This position offers an excellent opportunity to apply your risk mindset, skills, and experience to explore the rapidly expanding domain of quantitative non-financial risk assessment and further develop our operational risk capital strategy across all Macquarie groups and regions.

You will be confident in your problem solving, using both quantitative and qualitative skills to form an independent view of the operational risk profile of Macquarie and its businesses. You will have a good foundation in statistics and data analytics, with a keen interest in modelling. You will also be a confident communicator with the ability to initiate and lead conversations with business leaders and risk management colleagues. This role requires risk assessment across a broad range of business types, so the ability to learn new concepts fast is a must. You will also be keen to work in a tenacious, agile and high-performance environment.

You will bring with you experience in Regulatory Capital, Risk Management, Audit or Financial Services, as well as a Tertiary degree in Finance, STEM or a related area. Relevant postgraduate degrees or professional qualifications (CA, CFA, CPA) would be advantageous.

This position offers an opportunity for you to transition into a rewarding and dynamic role in operational risk. If this sounds like the right opportunity for you to further your career, apply now!

About the Risk Management Group

The Risk Management Group (RMG) is an independent, centralised unit responsible for ensuring all risk across Macquarie are appropriately assessed and managed. Its divisions include Behavioural Risk, Compliance, Credit, Financial Crime Risk, Internal Audit, Market Risk, Operational Risk & Governance, Regulatory Affairs and Aggregate Risk, and RMG Enterprise Support.

Our commitment to Diversity and Inclusion 

The diversity of our people is one of our greatest strengths, and in combination with our inclusive environment, it enables us to deliver innovative and sustainable outcomes for our people, clients, shareholders and communities. From day one, you'll be encouraged to be yourself and supported to perform at your best. If our purpose of ‘empowering people to innovate and invest for a better future’ is as inspiring to you as it is to us, please apply. With the right technology, support and resources, our people can work in a range of flexible ways.

We are committed to providing a working environment that embraces and values diversity and inclusion. We encourage candidates to speak with a member of our recruitment team if you require adjustments to our recruitment process to support you, and the type of working arrangements that would help you thrive.


About Macquarie

A career at Macquarie means you’ll have the opportunity to develop and utilise new skills, explore interesting fields and do challenging work that will impact the lives of people around the world—whether it’s accelerating the green energy transition, helping sustain global food supplies, financing social housing projects or investing in essential infrastructure. At Macquarie, we’re empowering people to innovate and invest for a better future.

Our size and international presence means your work can take you anywhere—across business groups, disciplines, sectors and borders. With 18,000+ employees and offices in 33 markets around the world, we’re a truly global organisation.

You’ll be supported by a diverse team where the unique perspectives, ideas and experiences that all of our people bring are valued. You’ll be empowered to address unmet needs in our communities whilst advising and investing alongside our clients and partners. Working with us, you’ll have the opportunity to make a difference.

Macquarie is a global financial group providing clients with asset management, retail and business banking, wealth management, leasing and asset financing, market access, commodity trading, renewables development, specialist advisory, capital raising and principal investment.

Find out more at

Job no: RMG-959297
Work type: Permanent - Full time
Location: Sydney
Category: Mid-senior, Mid-level, Risk Management
Group: Risk Management Group
Division: Operational Risk & Governance
Recruiter: Bonnie Hood
Opening Date: