Operational Risk Lead, Global Commodities & Markets

Macquarie Bank Limited; Greater London; Hybrid; GBP 120,000 - 180,000; Full time

Benefits offered by this job

Wellbeing leave day

Parental leave 26 weeks

Fertility leave

Volunteer leave and donation matching

Salary sacrificing options

Medical and life insurance

Job summary

Macquarie Bank Limited is seeking a Senior Manager - Operational Risk for Commodities and Global Markets. You will provide independent oversight of operational risk across physical commodity flows, collaborating with trading, logistics, storage and delivery teams to strengthen controls and risk culture.

You will interact with first-line teams and governance forums, shaping risk reporting and supporting the execution of robust risk management across a complex, global environment.

Qualifications

• Experience in commodities trading, financing or physical commodities, including exposure to logistics, storage, transportation or delivery.
• Strong understanding of operational risks within physical commodity flows, such as inventory integrity, custody risk, logistics disruption and third-party dependencies.
• Background in operational risk, internal audit or a related discipline within a complex, international environment, with the ability to assess and challenge control frameworks.
• Excellent stakeholder management and communication skills, with the confidence to influence senior audiences and clearly articulate complex risk topics.
• A commercial, forward-looking mindset with the ability to identify emerging risks and provide pragmatic, risk-based recommendations.

Responsibilities

• Provide independent oversight of operational risk with a focus on physical commodities across trading, logistics, storage and delivery.
• Engage closely with front-line teams and act as a trusted partner, shaping risk practices and governance.
• Contribute to evaluation of new business initiatives and transactions, ensuring risks are thoughtfully considered and controls strengthened across global operations.

Skills

Commodities trading

Operational risk

Stakeholder management

Senior audience communication

Risk framework assessment

Job description

Macquarie Bank Limited is seeking a Senior Manager - Operational Risk for Commodities and Global Markets. You will provide independent oversight of operational risk across physical commodity flows, collaborating with trading, logistics, storage and delivery teams to strengthen controls and risk culture.

You will interact with first-line teams and governance forums, shaping risk reporting and supporting the execution of robust risk management across a complex, global environment.