Senior AI & Model Risk Audit Lead

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

Benefits offered by this job

Wellbeing leave day

Service bonus leave

Parental leave

Volunteer leave

Gender affirmation leave

Employee Assistance Program

Salary packaging options

Learning & development reimbursement

Hybrid & flexible working

Work from home equipment allowance

Job summary

Macquarie Bank Limited is seeking an Associate Director to lead the Model and AI Risk Audit team. You will guide the audit scope across model, data and AI risks, influencing governance and risk management frameworks. This role requires strategic leadership and deep knowledge of AI risk and regulatory requirements.

You will shape coverage, mentor team members, and provide credible challenge to senior stakeholders while delivering insightful audit reports to management and the Board.

Qualifications

• Proven leadership in risk audit teams.
• Strong understanding of AI, model and data risk.
• Knowledge of regulatory frameworks and governance controls.

Responsibilities

• Lead the audit team covering Model and AI Risk, including credit, market, and treasury risks.
• Set strategic direction for audit coverage of Model and AI risks.
• Uplift audit capabilities; stay current with industry insights and technology trends.
• Form independent risk opinions and challenge senior stakeholders.

Skills

Leadership

AI Risk

Governance

Regulatory awareness

Model testing

Strategic thinking

Job description

Macquarie Bank Limited is seeking an Associate Director to lead the Model and AI Risk Audit team. You will guide the audit scope across model, data and AI risks, influencing governance and risk management frameworks. This role requires strategic leadership and deep knowledge of AI risk and regulatory requirements.

You will shape coverage, mentor team members, and provide credible challenge to senior stakeholders while delivering insightful audit reports to management and the Board.