Associate - Credit Risk

Macquarie Group; Sydney; On-site; AUD 130,000 - 180,000; Full time

Benefits offered by this job

Wellbeing leave

Service bonus leave

Parental leave (up to 20 weeks)

Volunteer leave & donation matching

Gender affirmation leave

Employee Assistance Program (EAP) &健康/

Salary packaging options

Learning and development opportunities

Hybrid and flexible working

Work-from-home equipment reimbursement

Job summary

Macquarie Group is seeking a Financial Institutions Credit role within the Risk Management Group in Sydney, Australia. The position focuses on assessing, approving, monitoring and reporting credit risks with banks, funds, brokers, insurers and clearinghouses, collaborating with Commodities and Global Markets teams.

The successful candidate will have a finance background and interest in a global financial institution's risk department, with experience in FI credit analysis being advantageous.

Qualifications

• Experience in credit risk assessment, approval, monitoring and reporting.

Responsibilities

• Assess, approve, monitor and report credit risks with banks, funds, brokers, insurers and clearinghouses.
• Cover trading and fund lending businesses; rate counterparties and propose credit appetite to senior approvers.
• Monitor exposures against credit limits and manage relationships with the Fixed Income & Currencies Division.

Skills

Banks & derivatives

ISDA/CSA docs

Analytical thinking

Credit assessment

Senior management communication

Team collaboration

Communication skills

Autonomous initiative

Attention to detail

Job description

Our Credit division in the Risk Management Group is currently looking for a high performer to join the team responsible for managing Credit risk with Financial Institutions. Our team collaborates primarily with Commodities and Global Markets, Fixed Income & Currencies Division. The role will be based in Sydney, Australia.

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?

The Financial Institutions Credit team is responsible for assessing, approving, monitoring and reporting Credit Risks with bank, fund, broker, insurance and clearinghouse counterparties.

In this role, you will be responsible for covering various trading and fund lending businesses. The successful candidate will preferably have a background in finance and be interested in working within the risk department of a global financial institution. Financial Institutions Credit Analysis experience gained at a bank or similar role would be a strong advantage.

Your responsibilities will also include rating counterparties and proposing Credit appetite to senior approvers, ongoing monitoring of counterparties, monitoring of exposures against Credit limits and managing relationships with the Fixed Income & Currencies Division.

What You Offer

• Strong knowledge of Banks, derivative products, capital markets or fund lending.
• Solid understanding of trading documentation, including ISDA/CSA, Master Repurchase Agreement.
• Ability to solve complex problems, leveraging strong analytical skills and a critical mindset
• Comfortable assessing Banks and other trading counterparties, derivatives and complex structures
• Adept at reviewing lending transactions to ensure they are well structured and ensuring risk reward is appropriate
• Comfortable presenting and making recommendations to senior management
• Strong collaborator given the need to work within the team as well as with client facing businesses
• Strong written and verbal communication skills, with the ability to deliver key messages succinctly and effectively
• Ability to drive initiatives autonomously, keeping the leadership team up to date as needed
• An eye for detail and take pride in getting the details right while remaining aware of the bigger picture.

What We Offer

Benefits

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.