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Senior Manager Behavioural Risk

Sydney, London

As part of the Behavioural Risk division of Macquarie’s Risk Management Group, the Risk Culture team assist Macquarie businesses to determine the soundness, and enable the alignment, of culture to drive good risk outcomes throughout Macquarie Group Limited. A sound risk culture has been integral to Macquarie’s risk management framework since inception and continues to be of high importance to the Group.

Traditionally, the primary function of the Risk Culture team has been to apply our well-developed assessment process and undertake independent risk culture reviews across the operating and central service groups to identify the relative strengths and areas for development within a business or function. We are currently further broadening this focus via a range of initiatives, all designed to tangibly drive a strong Risk Culture across the organisation.  

Risk culture is an exciting area to work in, with growing global recognition that risk cultures are fundamental to their long-term success. In addition to on-the-job learning and working alongside a team of experienced subject matter experts, you will also benefit from a supportive team environment which values diversity and inclusion, workplace flexibility and continued learning opportunities.

To drive a strong risk culture, you will have opportunities to enhance the risk culture assessment methodology and act in an advisory capacity to Macquarie businesses where the team’s expertise will lead to better risk outcomes. You will also be expected to support continuous improvement initiatives to drive greater efficiency and effectiveness across the team and the wider Risk Management Group division.

The team consists of members with varied backgrounds and welcomes diverse perspectives. As such, we value hearing how you could apply your previous work experience to further enhance how our team operates. While the role is based in Australia, the role will at times require overseas travel (in line with governments’ health guidance) due to Macquarie global business operations. 

As a Risk Culture Senior Manager, you will take a lead role on reviews to assess risk culture, confidently applying professional judgement and relevant experience to our review process to identify areas for improvement and design uplift activities to address them.  Strong stakeholder management, particularly the ability to effectively engage on sensitive topics and to manage small project teams, while adhering to our methodology and processes is critical to the role. Being alert to the changing external environment, including regulatory expectations, is of high importance. 

Other Responsibilities are likely to include:

  • Playing a key role in driving the success of risk culture initiatives outside of reviews. For example, this might include running workshops to support the upskill of Line 1 in Risk Culture awareness and ownership, or conducting focus groups to better understand a specific complex cultural trait
  • Working closely with the analytics function of the Risk Culture team to effectively utilise data insights within the risk culture review process and other initiatives
  • Playing a role in upskilling the team both through sharing your own experience, and providing learning by doing opportunities day-to-day

To be successful in this role you will have relevant education and experience – you will hold a degree relevant to human behaviour (e.g. behavioural science, behavioural economics, organisational psychology or other) and have prior work experience within business and/or finance (e.g. legal, audit, risk management, human resources, management consulting, finance).

You will have high attention to detail, strong time management skills and clear verbal and written communication capability, as well as strong stakeholder engagement experience. You will bring data literacy skills, and experience analysing and presenting findings in informative and engaging ways.

A desire to continually learn and develop your skillset across a broad range of subject matters, and the ability to think strategically and recognise opportunities to utilise your relevant experience to drive Macquarie’s strong Risk Culture, will set you up for success. While experience with a range of visualisation and statistical software (e.g., PowerBI and SPSS) is desirable, it is not a pre-requisite.   

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-969086
Work type: Permanent - Full time
Location: Sydney, London
Category: Mid-senior, Mid-level, Compliance, Legal & Regulatory, Risk Management
Group: Risk Management Group
Division: Behavioural Risk
Recruiter: Bianca Jenkins
Opening Date: