Business Operational Risk Manager - Macquarie Capital Central Operations

Macquarie Bank Limited; Council of the City of Sydney; Hybrid; AUD 100,000 - 140,000; Full time

Job summary

A leading global financial services group in Sydney is seeking an experienced risk professional to join their Business Operational Risk Management team. The role involves providing operational risk advice, facilitating RCSAs, and enhancing risk culture within the organization. Ideal candidates will have over 4 years of relevant experience and exceptional communication skills. This position offers a collaborative work environment with a range of employee benefits, including flexible working arrangements and professional development opportunities.

Benefits

Wellbeing leave day

Paid parental leave

Volunteer leave

Professional development reimbursement

Hybrid working arrangements

Qualifications

• 4+ years of experience in operational risk management or internal control roles.
• Expertise in conducting RCSAs and performing control assurance activities.
• Ability to balance commercial objectives within a risk framework.
• Exceptional communication skills for engaging with senior stakeholders.
• Strong capability to work autonomously while collaborating with diverse stakeholders.

Responsibilities

• Provide expert operational risk advice to empower business navigation of operational risks.
• Support the Central Operations Risk and Control Self-Assessment (RCSA).
• Act as a trusted advisor to senior stakeholders on operational risk guidance.
• Investigate risk incidents and develop remediation plans.
• Drive impactful change initiatives alongside senior management.

Skills

Operational risk management

Risk and Control Self-Assessments (RCSA)

Effective communication

Stakeholder engagement

Continuous improvement mindset

Job description

Overview

We are seeking an experienced risk professional to join our global Business Operational Risk Management (BORM) team in Sydney. This is a unique opportunity to support a newly established team, working closely with the Macquarie Capital Lead Central & APAC BORM to proactively identify, assess, and manage operational risks.

As part of the first line of defence, you will provide expert operational risk advice, develop practical solutions, and contribute to the success of Macquarie Capital’s Central Operations. This role offers exposure to diverse products, jurisdictions, and stakeholders, within a collaborative, globally connected team that values innovation and professional growth.

At Macquarie, our advantage is bringing together diverse people and empowering them to shape all kinds of possibilities. We are a global financial services group operating in 31 markets and with 56 years of unbroken profitability. You’ll be part of a friendly and supportive team where everyone - no matter what role - contributes ideas and drives outcomes.

What role will you play?

As a non-financial risk expert in Macquarie Capital, you will have an overarching responsibility for promoting a strong risk culture, by providing sound risk guidance and advice, and driving regular risk-related training and communications to empower the business to navigate operational risks with confidence and precision.

Specifically, you will play a vital role in strengthening Macquarie Capital’s risk management framework by supporting the Central Operations Risk and Control Self-Assessment (RCSA) and performing control assurance testing to ensure controls are robust and effective. Acting as a trusted advisor to senior stakeholders, you will provide operational risk guidance and liaise with the Risk Management Group to align with policies and frameworks. Collaborating with the business, you will investigate risk incidents, address root causes, and develop remediation plans, while also driving impactful change initiatives alongside senior management. Your contributions will foster a strong risk culture and enhance operational resilience across the business.

What you offer

• 4+ years of experience in operational risk management or internal control roles, including internal or external audit within the financial services industry.

• Demonstrated expertise in conducting Risk and Control Self-Assessments (RCSA) and performing control assurance activities to ensure robust risk management practices.

• Proven ability to balance commercial objectives within a risk framework, underpinned by a strong continuous improvement mindset.

• Exceptional communication skills, enabling effective engagement with senior stakeholders and collaboration with key support functions on policy and framework requirements.

• Strong capability to work autonomously while fostering effective collaboration with diverse stakeholders across the business.

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

Macquarie Capital partners with businesses, startups and governments to connect ideas to capital and help drive innovation, growth and create real-world impact. Our global corporate advisory, investing, development and equities capabilities are underpinned by a full spectrum of capital markets solutions and deep sector expertise, with a focus on infrastructure and real assets, technology, software and services, and resources, energy and materials.

Our commitment to diversity, equity and inclusion

We are committed to fostering a diverse, equitable and inclusive workplace. We encourage people from all backgrounds to apply and welcome all identities, including race, ethnicity, cultural identity, nationality, gender (including gender identity or expression), age, sexual orientation, marital or partnership status, parental, caregiving or family status, family and domestic violence status, neurodiversity, religion or belief, disability, or socio-economic background. We welcome further discussions on how you can feel included and belong at Macquarie as you progress through our recruitment process. To learn more, contact our team by clicking here.

Our aim is to provide reasonable adjustments to individuals who may need support during the recruitment process and through working arrangements. If you require additional assistance, please let us know in the application process.