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Senior Manager - Operational Risk - Asset Management

New York, Philadelphia

Join our Operational Risk team as part of the broader Macquarie Risk Management Group. In this role you will take on a key role in the Second Line of Defense, supporting the Global Macquarie Asset Management business.

At Macquarie, we are working to create lasting value for our communities, our clients and our people. We are a global financial services group operating in 34 markets and with 54 years of unbroken profitability. You’ll be part of a supportive team where everyone - no matter what role - contributes ideas and drive outcomes. 

What role will you play?

You will drive a strong risk management culture and provide risk management expertise, independent advice, and challenges to senior management. You will advise regional business and risk teams on the implementation of central policy and framework, as well as provide independent operational risk oversight, insight, and foresight for the Macquarie Asset Management business in the Americas. Partnering with and supporting business and risk teams, you will ensure processes are adequately assessed and controls are effectively designed and operated and aide in the delivery of discrete projects, risk deep-dives and reports.

Salary range for this position: $150 – 195k /Year. Actual base salary may vary based upon, but not limited to, relevant experience, time in role, peer and market data, prior performance, business sector, and geographic location. You may also be eligible for an annual discretionary incentive compensation award. We offer a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees.

What you offer

  • Ability to work both independently and collaboratively to deliver results, paired with excellent communication skills and an ability to synthesize information to identify themes and priorities for the business.
  • Ability to effectively build relationships, and communicate with a wide range of stakeholders, including senior management across multiple locations.
  • Solid understanding of Operational Risk Management frameworks and their applicability to investment management.
  • Strong prior experience with Mutual Funds businesses is preferred in addition to familiarity with Operational Risk toolkits (e.g., RCSA, and Scenario analysis), and a working knowledge of other risk management approaches.
  • An inquisitive mindset coupled with the proven ability to sustain high levels of performance in a fast-paced, results focused environment, and working knowledge of the regulatory environment in which Macquarie Asset Management operates.

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.

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

  • Hybrid and flexible working arrangements 
  • One wellbeing leave day per year and minimum 25 days of annual leave
  • Primary caregivers are eligible for 20 weeks paid leave along with 12 days of transition leave upon return to work and 6 weeks paid leave for secondary caregivers
  • Paid volunteer leave and donation matching
  • Range of benefits to support your physical, psychological and financial wellbeing
  • Employee Assistance Program, a robust behavioral health network with counseling and coaching services
  • Recognition and service awards

Our commitment to Diversity, Equity and Inclusion 

We are committed to providing a working environment that embraces diversity, equity and inclusion. As an inclusive employer, Macquarie does not discriminate on the grounds of age, disability, sex, sexual orientation, gender identity or expression, marriage, civil partnership, pregnancy, maternity, race (including color and ethnic or national origins), religion or belief.

About the Risk Management Group

In our Risk Management Group, you will be part of an independent, and centralized function, responsible for independent and objective review and challenge, oversight, monitoring and reporting in relation to Macquarie’s material risks. Our divisions include behavioral risk, compliance, credit, financial crime risk, internal audit, market risk, operational risk and governance, prudential risk, and Risk Management Group central.


About Macquarie

A career at Macquarie means you’ll have the opportunity to develop 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.

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 www.macquarie.com/careers

Job no: RMG-975995
Work type: Permanent - Full time
Location: New York, Philadelphia
Category: Mid-senior, Mid-level, Risk Management
Group: Risk Management Group
Division: Operational Risk
Recruiter: Stewart Mitchell
Opening Date: