Senior Analyst - Operational Risk Capital and Stress Testing

Macquarie Group; Sydney; On-site; AUD 90,000 - 130,000; Full time

Benefits offered by this job

Wellbeing leave day

Parental leave

Volunteer leave

Gender affirmation leave

Employee Assistance Program

Salary packaging options

Hybrid and flexible working

Work from home equipment reimbursement

Job summary

Macquarie Group in Sydney is seeking a Senior Analyst to support measurement, analysis and development of non-financial risk capital modelling, quantification and stress testing. You will work with risk and business stakeholders to translate complex outputs into clear insights that guide decisions.

This role offers hybrid and flexible working arrangements, a comprehensive benefits program, and opportunities to grow expertise in ICAAP, risk reporting and capital management within a global

Qualifications

• Experience in Economic Capital, Operational Risk, Stress Testing, Scenario Analysis, Regulatory Capital, Quantitative Risk Management, or a related discipline.
• Strong analytical and data interpretation skills with ability to translate outputs into actionable insights.
• Excellent communication and stakeholder management skills.

Responsibilities

• Support measurement and development of non-financial risk capital modelling.
• Perform scenario analysis and stress testing to quantify risk.
• Communicate findings to risk leaders and business stakeholders.

Skills

Economic Capital

Operational Risk

Stress Testing

Scenario Analysis

Quantitative Risk Management

Regulatory Capital

Job description

Senior Analyst - Operational Risk Capital and Stress Testing

Sydney

Job ID

24862

05-Nov-2026

Permanent - Full time, Junior, Mid-level

Join our Capital and Aggregate Risk Measurement team and help shape how risk and capital are measured across the Group. In this unique opportunity you will work at the intersection of risk management, capital, scenario analysis and regulatory strategy.

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 Senior Analyst, you will support the measurement, analysis and development of the Group's non-financial risk capital modelling and quantification. Working closely with business and risk stakeholders, you will help quantify material non-financial risks through scenario analysis and stress testing, challenge assumptions, analyse results and provide insightful risk assessments to support decision-making. You will contribute to the measurement and management of non-financial risks through economic capital, stress testing and scenario analysis, while gaining exposure to broader capital adequacy, aggregate risk and risk appetite initiatives. Working with experienced risk professionals across businesses and risk disciplines, you will help ensure the Group maintains a robust and forward looking approach including consideration of emerging risk issues to non-financial risk measurement.

What you offer

• Experience in Economic Capital, Operational Risk, Stress Testing, Scenario Analysis, Regulatory Capital, Quantitative Risk Management, or a related discipline
• Strong analytical and quantitative problem-solving skills, with the ability to work through complex and ambiguous issues
• Experience analysing data and translating technical outputs into clear and meaningful insights
• Excellent communication and stakeholder management skills, including the ability to engage effectively with business leaders and risk professionals
• The ability to work independently while collaborating effectively within a team environment with a proactive mindset, intellectual curiosity and a willingness to challenge existing thinking and drive continuous improvement.
• Knowledge of economic capital frameworks, ICAAP, stress testing, operational risk or prudential capital requirements valuable.

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 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.