Associate

Macquarie Group; New York (NY); Hybrid; USD 121,000 - 154,000; Full time

Benefits offered by this job

Wellbeing leave

Annual leave 25 days

Parental leave 20 weeks

Volunteer leave

Insurance plans

401(k) plan

Home office stipend

Learning opportunities

Job summary

Macquarie Group in New York invites applications for an Associate in our Commodities and Global Markets group. You will join Business Operations Risk Management to identify, assess, and mitigate operational risks across functions, ensuring regulatory compliance and resilient processes.

The role works with the business to implement risk controls, respond to incidents, lead investigations, and support bi-annual risk control self-assessments, change papers, and new business reviews. A U.S.

Qualifications

• Bachelor’s degree or equivalent in Finance or related field plus 5 years of experience in job offered or 5 years of experience within investment banking.
• At least 2 years performing operational risk management.
• At least 2 years managing risk control self-assessment processes.
• At least 2 years conducting control assurance.

Responsibilities

• Identify, assess, and mitigate operational risks across business functions, ensuring regulatory compliance.
• Drive process improvements to safeguard organizational resilience and efficiency.
• Assist in mitigating risk within day-to-day operations and helping find solutions for operational issues.
• Implement operational risk framework, respond to incidents and lead investigations.
• Review new business and change papers, and assist in managing bi-annual risk control self-assessment process.

Skills

Operational risk management

Risk control self-assessment

Control assurance

Incidents investigations

Change papers review

Education

Bachelor's degree in Finance/related

Equivalent of U.S. Bachelor's degree

Job description

Come join a collaborative team as an Associate within our Commodities and Global Markets group. This role offers the opportunity to join a dynamic, global organization.

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?

Serve as member of Business Operations Risk Management team, which is responsible for identifying, assessing, and mitigating operational risks across business functions, ensuring compliance with regulatory standards, and driving process improvements to safeguard organizational resilience and efficiency. Responsible for working alongside business to assist in mitigating risk within day-to-day operations and helping find solutions for operational issues facing business, including implementing operational risk framework, responding to incidents and leading investigations, reviewing new business and change papers, and assisting in managing bi-annual risk control self-assessment process.

What You Offer

• Bachelor’s degree or its equivalent* in Finance or related field (Accounting, Business Administration, or Economics) plus 5 years of experience in job offered or 5 years of experience within investment banking
• Prior experience must include 2 years performing operational risk management
• 2 years managing risk control self-assessment processes
• 2 years conducting control assurance
• *Equivalent of U.S. bachelor’s degree based on evaluation of education and experience by certified evaluator.

Salary range for this position: $121,000 - $154,000/Year. Within this salary range the base salary may vary based upon, but not limited to, relevant experience, time in role, peer and market data, prior performance, business sector, and geographic location. You may also be eligible for an annual discretionary incentive compensation award. You can further read about the full spectrum of benefits we offer our people listed below.

Do you currently work at Macquarie? You can learn more about our internal mobility and employee referral policies on our internal website.

What We Offer

Benefits

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 and a minimum of 25 days of annual leave
• 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
• 2 days of paid volunteer leave and donation matching
• Benefits and initiatives to support your physical, mental and financial wellbeing such as medical, prescription drug, dental, and vision insurance; health savings account and dependent day care savings account; life insurance, disability, and other insurance plans; 401(k) and short/long term disability
• 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
• Recognition and service awards
• Hybrid and flexible working arrangements, dependent on role
• Reimbursement for work from home equipment

About Commodities and Global Markets

Commodities and Global Markets is a global business offering capital and financing, risk management, market access, physical execution and logistics solutions to its diverse client base across Commodities, Financial Markets and Asset Finance.

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 accommodation to individuals who may need support during the recruitment process and employment. If you require an accommodation, please let us know during the application process.