Senior Model Risk Analyst — Validation & Insights

Macquarie Bank Limited; Sydney; Hybrid; AUD 110,000 - 140,000; Full time

Benefits offered by this job

Wellbeing leave

Parental leave

Volunteer leave

Work from home equipment

Job summary

Macquarie Bank Limited is seeking an Analyst/Senior Analyst to independently validate risk models used for Counterparty Credit Risk, XVA and SIMM, and derivative pricing models for trading activity. The role supports regulatory compliance and global validations across Macquarie entities.

The position requires strong quantitative skills, experience in financial modelling or risk management, and programming in Python/R with potential C++ exposure. Hybrid work arrangements are available in Sydney.

Qualifications

• Strong quantitative educational background and problem-solving skills.
• 1–5 years' experience in financial modelling or risk management.
• Experience with model calibration and advanced numerical techniques.

Responsibilities

• Validate models used for risk: CCR, XVA, SIMM, and pricing models.
• Deliver high-caliber risk management outcomes to senior stakeholders.
• Ensure compliance with APS180, CPS226, APS116 and related regulations.

Skills

Quantitative background

Financial modelling

Model validation

Communication skills

Python/R programming

C++ exposure

Job description

Macquarie Bank Limited is seeking an Analyst/Senior Analyst to independently validate risk models used for Counterparty Credit Risk, XVA and SIMM, and derivative pricing models for trading activity. The role supports regulatory compliance and global validations across Macquarie entities.

The position requires strong quantitative skills, experience in financial modelling or risk management, and programming in Python/R with potential C++ exposure. Hybrid work arrangements are available in Sydney.