Manager - Market Risk

Macquarie Bank Limited; Sydney; Hybrid; AUD 150,000 - 210,000; Full time

Benefits offered by this job

Wellbeing leave

Parental leave

Volunteer leave

Gender affirmation leave

Salary packaging

Job summary

Macquarie Bank Limited is seeking a skilled Market Risk Modeler to build and maintain risk models across asset classes, including regulatory capital models for traded market risk and banking book interest rate risk. You will collaborate with stakeholders to develop and improve models in a dynamic environment.

The role requires a strong foundation in quantitative finance, programming in Python, R, C++, and SQL, and the ability to manage detailed day-to-day work while balancing long-term

Qualifications

• Strong understanding of quantitative finance principles.
• Experience building software with Python, R, C++ and SQL.
• Strong communication skills with stakeholders.

Responsibilities

• Build and maintain Market Risk models, including regulatory capital models.
• Develop new models and improve existing models in response to evolving requirements.

Skills

Quantitative finance

Python

R

C++

SQL

Stakeholder comms

Education

Finance/Math/Stats/Engineering degree

Job description

Our Global Market Risk team builds and maintains risk models across a wide range of asset classes. We support effective risk management by developing and enhancing models that meet changing business and regulatory requirements.

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?

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In this role you will build and maintain Market Risk models, including regulatory capital models for traded market risk and interest rate risk in the banking book. You will work with a range of stakeholders to develop new models and improve existing models, helping our team respond to evolving market risk requirements.

What you offer

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• Strong understanding of quantitative finance principles and analytical problem-solving skills.
• Experience building high-quality software using programming languages such as Python, R, C++ and SQL.
• Strong communication skills with the ability to work effectively with stakeholders.
• Tertiary qualification in finance, mathematics, statistics, engineering or a related quantitative discipline.
• Ability to manage detailed day-to-day work while balancing longer-term priorities and deadlines.

What we offer

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What we offer

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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

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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

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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.