Analyst, Personal Banking Third-Party Distribution Risk

Macquarie Group; Sydney; Hybrid; AUD 120,000 - 160,000; Full time

Benefits offered by this job

Wellbeing leave

Service bonus leave

Parental leave (up to 20 weeks approx)

Transition leave

Volunteer leave

Gender affirmation leave

EAP & wellbeing benefits

Learning & development support

Hybrid/flexible working

Home office equipment reimbursement

Job summary

Macquarie Group is seeking an Analyst for Personal Banking Third-Party Distribution Risk to help oversee adviser activity and third-party distribution risk. You will monitor activity, assist investigations and contribute to governance outcomes that strengthen customer and business results.

The role involves onboarding due diligence, data-driven monitoring, and collaborating with cross-functional teams to ensure compliance with AFSL obligations and regulatory requirements.

Qualifications

• 2-4+ years' experience in risk, compliance, assurance, financial crime or operational risk within banking or financial services.
• Foundational knowledge of key financial services regulation and legislation.
• Desire to build depth in adviser and AFSL obligations.
• High attention to detail and strong communication skills.
• Accountable with ability to prioritise and meet deadlines.

Responsibilities

• Support oversight of AFSLs, advisers and trading platforms through onboarding due diligence, data-driven monitoring, investigations and assurance activities.
• Identify and assess potential risks, investigate concerns, and drive remediation and consequence management outcomes.
• Collaborate with AFSL holders, advisers and internal stakeholders across Sales, Distribution, Product, Risk and Legal.
• Reinforce Macquarie's expectations and contribute to ongoing enhancement of third-party distributor risk management.

Skills

Experience in risk

Compliance

Financial crime

Operational risk

Banking/financial services

Consulting

Problem solving

Job description

Analyst, Personal Banking Third-Party Distribution Risk

Join our team who are reshaping how Macquarie governs the distribution of Personal Banking deposit products through third-party advisers. You'll help drive industry-leading oversight by monitoring adviser activity, investigating potential risks and supporting governance outcomes that strengthen customer and business results.

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?

In this role, you will support the oversight of AFSLs, advisers and trading platforms through onboarding due diligence, data-driven monitoring, investigations and assurance activities. You will identify and assess potential risks, investigate concerns, execute risk-based reviews and help drive appropriate remediation and consequence management outcomes. Working closely with AFSL holders, advisers and internal stakeholders across Sales, Distribution, Product, Risk and Legal, you will help reinforce Macquarie's expectations, gather market intelligence and contribute to the ongoing enhancement of third-party distributor risk management. Through your work, you will play a key role in promoting strong governance, managing risk and supporting better outcomes for customers and the business.

What you offer

• 2-4+ years' experience in risk, compliance, assurance, financial crime or operational risk within banking or financial services, including consulting
• A track record of problem solving and proposing practical, innovative solutions
• Foundational knowledge of key financial services regulation and legislation; desire to build depth in adviser and AFSL obligations
• High level of attention to detail and strong communication skills, with the ability to tailor written and verbal messages to diverse audiences
• Highly accountable with discipline to identify priorities and work to deadlines
• Exposure to investigations, onboarding due diligence, AML, fraud, or complaints handling is highly regarded
• Advantageous but not essential - prior exposure to risk management in financial advice or third-party distribution.

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 Banking and Financial Services

Banking and Financial Services is our technology-driven retail bank. You will be part of a team that supports clients to achieve their full potential - whether that’s buying a home, growing a business or investing to manage wealth.

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.