Do you have an interest in understanding the risks faced by diverse financial institutions? Are you looking for a challenging role as part of a dynamic team? Join our Regulatory Affairs and Aggregate Risk division within the Risk Management Group and drive the delivery of model validation and risk insights across a broad-spectrum of credit risk models.
As part of Regulatory Affairs and Aggregate Risk, you will have a demonstrable impact on Macquarie’s model risk framework and risk analytics. This role will provide visibility and interaction with many global stakeholders, including all the operating businesses, Risk Management, Group Treasury, Finance, and Macquarie’s senior management.
You will be responsible for the validation of key credit risk models and influencing risk outcomes by identifying actionable insights on model and business performance, whilst using quantitative and qualitative analysis to draw out conclusions, raise issues and required actions. You will lead initiatives to ensure continuous improvement in our model validation approach and framework and work on planned validation activities across a range of credit risk models. You will gain exposure to all stages of a model lifecycle, including validation of newly developed or existing models and system integration.
To be successful in this role, you will have a relevant degree in a quantitative discipline with strong academic performance. You will have a minimum of 6+ years’ experience in a similar credit modelling function with a strong interest and curiosity in the validation of credit risk models, coupled with an understanding of the key regulatory or accounting requirements (IFRS 9, BASEL III – IV).
Your experience across wholesale and retail credit risk modelling techniques will be highly regarded, along with your ability and desire to understand key risk drivers which explain portfolio performance. With strong numerical and analytical skills, your talent to synthesise and communicate complex concepts to non-technical stakeholders will see you flourish in this role. Strong knowledge of Microsoft Office and data manipulation and visualisation software such as R, SQL, Python, Alteryx and PowerBI will be advantageous.
If this sounds like the right opportunity for you to further your career, please apply within.
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, Regulatory Affairs and Aggregate Risk, and RMG Enterprise Support.
Our commitment to Diversity, Equity and Inclusion
The diversity of our people is one of our greatest strengths. An inclusive and equitable environment 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, equity 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.