Regulatory Interpretations Specialist

Macquarie Bank Limited; Sydney; On-site; AUD 180,000 - 260,000; Full time

Benefits offered by this job

Hybrid and flexible working

Wellbeing benefits

Employee assistance program

Job summary

Macquarie Bank Limited is seeking a subject matter expert for the Regulatory Interpretations team within the Commodities & Global Markets group. The role focuses on applying and developing knowledge of derivatives reporting and other regulatory obligations globally to support accurate risk management and regulatory culture across businesses.

This position suits someone with a strong legal or compliance background and experience in derivatives documentation, ready to advise on global reporting

Qualifications

• Minimum 8 years of experience interpreting and applying derivatives regulations in banking or financial services.
• Experience in commodities and/or exchange traded derivatives (futures) is beneficial.
• Strong analytical and stakeholder engagement skills.
• Experience driving regulatory-related change across global businesses.
• Ability to elucidate terms of derivative contracts from confirmations and definitions.

Responsibilities

• Apply and develop knowledge of regulatory reporting rules for the different types of derivatives and transactions our businesses carry out.
• Advise on elements of global reporting and other regulatory rulesets applicable to them.
• Collaborate with global teams to evaluate how specific regulations apply to new or existing business activities.

Skills

Derivatives regulations

Regulatory reporting

Stakeholder engagement

Analytical skills

Regulatory risk awareness

Change management

Education

Legal/Compliance background

Job description

Join our Regulatory Interpretations team within Macquarie's Commodities & Global Markets group, supporting our focus on accuracy and completeness of various derivatives reporting and other regulatory obligations globally. Our team works directly with business and operations functions to provide regulatory advice to support the continued improvement in processes, controls and regulatory risk awareness and culture across our businesses.

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 subject matter expert, you will apply and develop your knowledge of various reporting and other regulatory rules and the different types of transactions carried out by our businesses. You will be continually learning about new business activities and advising on elements of global reporting and other rulesets applicable to them.

This role would be particularly suited to someone currently in a Legal or Compliance role who wants to practically apply regulatory and / or derivatives documentation experience to gain a high level of exposure to diverse derivatives business activity.

What you offer

• Minimum 8 years of experience interpreting and applying derivatives regulations in a relevant capacity (e.g., Legal, Compliance, Regulatory Reporting) within the banking or financial services sector
• Proven ability to assess reporting requirements across a wide range of products and asset classes, with experience in commodities and/or exchange traded derivatives (e.g., futures) considered beneficial
• Strong analytical and stakeholder engagement skills, with the capability to work closely with global teams to evaluate how specific regulations apply to new or existing business activities
• An understanding of how derivatives transactions are documented, and an ability to elucidate terms of derivative contracts based on confirmations and definitions would be considered beneficial
• Demonstrated track record of driving consistent regulatory related change across global businesses, with high achievement drive, resilience, and tenacity
• Innovative and collaborative mindset, with strong relationship building skills, a commitment to integrity, and a focus on maintaining productive connections across teams, business partners, operations, and industry networks

We love hearing from anyone inspired to build a better future with us, if you're excited about the role or working at Macquarie we encourage you to apply.

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 Commodities and Global Markets

Commodities and Global Markets is a global business offering capital and financing, risk management, market access, physical execution and logistics solutions to its diverse client base across Commodities, Financial Markets and Asset Finance.

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.