Senior Associate - Value at Risk

Macquarie Group; Gurugram District; On-site; INR 900,000 - 1,900,000; Full time

Benefits offered by this job

Wellbeing leave day

Family-friendly leave policies

Hybrid/flexible working

Job summary

Macquarie Group in India’s Gurugram region seeks a Market Risk Analyst to apply quantitative skills and financial markets knowledge to support capital calculations and regulatory capital for its global trading activities.

The role involves risk metric analysis, back-testing model performance, and collaboration with global risk analysts and senior leaders to communicate complex data effectively.

Qualifications

• 0 to 3 years’ experience in a quantitative, statistical, or financial modelling role.
• Strong analytical and critical thinking skills, with the ability to interpret complex data.
• Excellent written and verbal communication skills, with a sound understanding of financial markets.

Responsibilities

• Apply your quantitative and financial markets knowledge to support capital calculations and regulatory capital for Macquarie’s trading business.
• Calculate and analyse risk metrics, back-test model performance, and assess regulatory capital impacts for new products and strategies.
• Interact with global market risk analysts and senior leaders, explaining complex data clearly to technical and non-technical stakeholders.

Skills

Quantitative modelling

Analytical thinking

Communication skills

Financial markets knowledge

Education

Degree in quantitative discipline

Tools

Python

Job description

Our Market Risk team is responsible for measuring, monitoring and limiting Macquarie’s exposure to adverse market movements. Given the breadth, complexity and global nature of the products Macquarie trades, this role offers a challenging opportunity to contribute to a critical control function that is central to Macquarie’s risk culture and business model.

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?

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In this role you will apply your financial markets knowledge to support capital calculations and help ensure appropriate capital is reserved for Macquarie’s global trading business in line with regulatory requirements. This involves calculating and analysing risk metrics, back-testing the model performance, assessing the impact on regulatory capital for new products, businesses and trading strategies, and performing regulatory capital calculations.

You will work closely with our global market risk analysts and periodically engage with senior leaders across the Risk Management Group, explaining changes and complex data clearly to both technical and non-technical stakeholders at all levels.

What you offer

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• 0 to 3 years’ experience in a quantitative, statistical, or financial modelling role.
• Degree in a quantitative discipline, engineering, finance, or a related field.
• Strong analytical and critical thinking skills, with the ability to interpret complex data.
• Excellent written and verbal communication skills, with a sound understanding of financial markets.
• Exposure to regulatory frameworks (e.g. Basel, FRTB) and experience or interest in Python or similar programming languages will be advantageous.

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

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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 eligibility criteria, include:

• 1 wellbeing leave day per year
• 26 weeks’ paid maternity leave or 20 weeks’ paid parental leave for primary caregivers along with 12 days of paid transition leave upon return to work and 6 weeks’ paid leave for secondary caregivers
• Company-subsidised childcare services
• 2 days of paid volunteer leave and donation matching
• Benefits to support your physical, mental and financial wellbeing including comprehensive medical and life insurance cover, the option to join parental medical insurance plan and virtual medical consultations extended to family members
• Access to our Employee Assistance Program, a robust behavioural health network with counselling and coaching services
• 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

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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

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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.