Manager, Credit Model Risk Management | Prudential and Provisioning

Macquarie Group; Sydney; Híbrido; AUD 140.000 - 190.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Hybrid and flexible working

Employee assistance program

Wellbeing and health checks

Volunteer leave & donation matching

Descripción de la vacante

Macquarie Group in Sydney seeks a Manager in Model Risk Management to lead independent validation and review of Credit Risk models across the Group. You will assess design, methodology, implementation and performance, providing independent challenge to developers and stakeholders across Risk, Finance, Data, Technology and business teams.

You will contribute to validation of models supporting regulatory capital, economic capital, PD, LGD, EAD, stress testing and IFRS9/AASB9, while leveraging

Formación

• 5+ years' experience in a quantitative, risk modelling or model validation role.
• Strong understanding of Credit Risk modelling concepts, including PD, LGD, EAD, stress testing and provisioning methodologies.
• Experience validating, developing or reviewing credit risk models within banking, financial services, consulting or related environment.
• Familiarity with prudential and regulatory requirements, including APS113, Basel standards and IFRS9/AASB9.
• Strong analytical, problem-solving and stakeholder management skills.
• Excellent communication skills, with the ability to provide clear and constructive challenge.
• Experience with statistical programming tools such as Python, SAS, R or SQL is advantageous.

Responsabilidades

• Independently validate and review Credit Risk models across the Group, including models for regulatory and economic capital, PD, LGD, EAD and IFRS9/AASB9.
• Assess model design, methodology, implementation and performance against regulatory requirements and industry best practice.
• Provide independent challenge to model developers and stakeholders and liaise with Risk, Finance, Data, Technology and business teams.
• Support the Risk Management Group in its global coverage across multiple jurisdictions and portfolios.

Conocimientos

Quantitative modelling

Model validation

Stakeholder management

Analytical skills

Python/SQL

Communication

Herramientas

Python

SAS

R

SQL

Descripción del empleo

Join our Model Risk Management team in Sydney, where you will play a key role in the independent review and validation of credit risk models used across Macquarie's global businesses. You will be part of a high-performing team responsible for ensuring the appropriateness, integrity and effectiveness of models that support critical risk and regulatory decision-making.

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 Manager within Model Risk Management, you will play a key role in the independent validation and review of Credit Risk models across the Group. This includes models supporting regulatory and economic capital, probability of default, loss given default, exposure at default, credit portfolio modelling, stress testing and provisioning (IFRS9/AASB9).

You will assess model design, methodology, implementation and performance against regulatory requirements and industry best practice, while providing independent challenge to model developers and stakeholders. You will work closely with Risk, Finance, Data, Technology and business teams to ensure model risk is appropriately identified, assessed and managed.

The team has global reach, supporting Macquarie's businesses and regulated entities across multiple jurisdictions, providing exposure to a broad range of portfolios, products and regulatory frameworks.

What You Offer

• 5+ years' experience in a quantitative, risk modelling or model validation role.
• Strong understanding of Credit Risk modelling concepts, including PD, LGD, EAD, stress testing and provisioning methodologies.
• Experience validating, developing or reviewing credit risk models within banking, financial services, consulting or a related environment.
• Familiarity with prudential and regulatory requirements, including APS113, Basel standards and/or IFRS9/AASB9.
• Strong analytical, problem-solving and stakeholder management skills.
• Excellent communication skills, with the ability to provide clear and constructive challenge.
• Experience with statistical programming tools such as Python, SAS, R or SQL is advantageous.

What We Offer

Benefits

At Macquarie, you're empowered to shape a career that is 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.