Manager, Distribution Governance – Personal Banking

Macquarie Bank Limited; Sydney; On-site; AUD 110,000 - 170,000; Full time

Benefits offered by this job

Wellbeing leave day

Service bonus leave days

Parental leave

Transition leave

Volunteer leave

Gender affirmation leave

Employee Assistance Program

Salary packaging options

Learning and development

Hybrid work arrangements

Work from home equipment reimbursement

Job summary

Macquarie Bank Limited in Sydney is seeking a Manager, Distribution Governance – Personal Banking to oversee third-party distribution partners and brokers. You will apply data analysis, monitoring, and risk-based investigations to ensure regulatory compliance and effective controls across the broker channel.

You will collaborate with internal teams and external partners to implement risk management initiatives, maintain policies, and deliver management reporting.

Qualifications

• Experience with Home and/or Business Lending Products.
• Strong risk and compliance mindset with regulatory knowledge.
• Clear communication translating technical information to business terms.
• Strong problem-solving skills with an agile approach.
• Ability to prioritise and meet deadlines autonomously in agile environments.

Responsibilities

• Oversee third-party distribution partners, including brokers and aggregators, through data analysis and risk-based investigations.
• Conduct periodic assurance reviews and engage stakeholders to ensure regulatory compliance.
• Prepare management reporting and maintain key policies, frameworks and procedures.
• Lead deep-dive reviews to identify improvement opportunities and drive risk management initiatives.

Skills

Risk & compliance mindset

Communication

Problem solving

Agile working

Time management

Home/Business Lending products

Job description

Manager, Distribution Governance – Personal Banking

Sydney

Job ID

23786

24-Aug-2026

Permanent - Full time, Junior, Mid-level

Join our Distribution Governance team, a dynamic area that is focused on identifying and managing risks associated with the distribution of financial services product. Our team has a particular focus on Macquarie’s broker channel, this role will provide exciting opportunities for you to work closely with various teams in the ecosystem, senior stakeholders and our distribution partners to embed strong risk management practices.

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 and assurance of third-party distribution partners, including brokers and aggregators, through data analysis, monitoring and risk-based investigations. You will conduct periodic assurance reviews, engage with internal and external stakeholders to ensure compliance with regulatory and industry requirements, prepare management reporting, and maintain key policies, frameworks and procedures. Additionally, you will lead deep-dive reviews to identify improvement opportunities and drive the implementation of initiatives that strengthen risk management and operational effectiveness.

What you offer

• Demonstrable experience working with Home and/or Business Lending Products
• Strong risk and compliance mindset and a basic understanding of key regulatory and legislative requirements in the financial services industry
• Strong communication skills, including the ability to translate technical information into business terms
• Strong problem-solving skills to create innovative solutions and recommendations to meet business needs
• Ability to effectively prioritise and manage deadlines independently and a keen interest in operating with agile ways of working.

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.