Analyst, Market Risk | Risk Management Group

Macquarie Group; Sydney; On-site; AUD 70,000 - 95,000; Full time

Benefits offered by this job

Wellbeing leave day

Parental leave (up to 20 weeks)

Volunteer leave & donation matching

Gender affirmation leave

Flexible working arrangements

Job summary

Macquarie Group in Sydney is hiring a junior Value at Risk analyst to support the global trading businesses, measuring aggregate market risk across commodities, rates, FX, equities and credit products. You will assist in calculating capital and ensuring regulatory requirements are met, while learning from an experienced risk team.

You will collaborate with market risk analysts, presenting data to stakeholders and contributing to the FRTB project work; entry-level candidates with curiosity about

Qualifications

• Entry level up to 3 years of relevant experience in a role utilising statistical techniques or financial modelling.
• Critical thinking and analysis of complex data.
• Good understanding of financial markets.
• Exposure to APS116 and FRTB advantageous.
• Coding experience in Python or similar languages advantageous.

Responsibilities

• Calculate and analyse risk metrics for Macquarie’s trading activities.
• Back-test model performance and assess regulatory capital impacts.
• Assist with regulatory capital calculations (APS116).
• Engage with market risk analysts and senior leaders to explain data insights and changes.
• Support the transition to the FRTB regulatory framework.

Skills

Statistical techniques

Financial modelling

Python or similar

Critical thinking

Financial markets knowledge

Job description

Sydney

Permanent - Full time, Entry level, Junior

Join our Value at Risk (VaR) team measuring aggregate market risk across Macquarie’s global trading businesses, with significant activity in commodities, interest rates, foreign exchange, equities and credit products.

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?

As a junior member of a global team operating across three countries, you will apply your financial markets knowledge to support capital calculations and help ensure appropriate capital is reserved for Macquarie’s global trading business in line with regulatory requirements. This involves calculating and analysing risk metrics, back-testing the model performance, assessing the impact on regulatory capital for new products, businesses and trading strategies, and performing regulatory capital calculations (APS116).

You will work closely with our global market risk analysts and periodically engage with senior leaders across the Risk Management Group, explaining changes and complex data clearly to both technical and non-technical stakeholders at all levels. A key part of this role will also involve working with the Fundamental Review of the Trading Book (FRTB) project teams to support the transition to the new FRTB regulatory framework.

What you offer

• Entry level up to 3 years of relevant experience in a role utilising statistical techniques or financial modelling
• Critical thinking and analysis of complex data
• Good understanding of financial markets
• Exposure to regulatory environment such as APS116 and FRTB will be advantageous
• Prior experience with or interest in coding, in Python or similar languages will be advantageous.

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 the Risk Management Group

Our Risk Management Group works as an independent, and centralised function, responsible for independent and objective review and challenge, oversight, monitoring and reporting in relation to Macquarie’s material risks. We are a global team that aims to manage the risks of today and anticipate the risks of tomorrow. Our divisions include compliance, credit, financial crime risk, market risk, operational risk, aggregate risk and prudential, and central.

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.

We provide reasonable adjustments to individuals who may need support during the recruitment process and employment. If you require an adjustment, please let us know during the application process.