Associate, Business Operational Risk (Specialised Asset Finance)

Macquarie Global Services; New York (NY); Hybrid; USD 120,000 - 140,000; Full time

Benefits offered by this job

Wellbeing leave

25 days annual leave

Parental leave

Volunteer leave & donation matching

Health, dental, vision insurance

Health savings account

401(k)

Employee Assistance Program

Learning & development support

Hybrid work flexibility

Equipment reimbursement

Job summary

Macquarie in New York is seeking an Associate in our Business Operational Risk team for the Specialized Asset Finance unit across the Americas. You will provide independent risk oversight and partner with front-office and control functions to identify risks and strengthen governance.

You will lead risk assessments, incident reviews, and governance reporting within a global financial services environment, supported by a hybrid work setup and robust benefits.

Qualifications

• Experience in operational risk management, non-financial risk, business controls, audit, compliance, or a related risk discipline within financial services.
• Strong understanding of risk and control frameworks, including risk assessments, control testing, issue management, governance processes.
• Knowledge of capital markets, commodities, asset finance, structured finance, banking, or related financial products.
• Experience reviewing new business initiatives, transactions, product approvals, or change management activities from a risk and control perspective.

Responsibilities

• Provide independent operational risk oversight and advisory support to the Specialized Asset Finance business across the Americas.
• Partner with front-office teams and corporate support functions to identify emerging risks and assess control effectiveness.
• Lead risk assessments, incident reviews, control assurance activities, and governance reporting.
• Review new initiatives and change activities to ensure risks are identified and mitigated before implementation.

Skills

Operational risk

Risk governance

Controls testing

Capital markets knowledge

Stakeholder collaboration

Change management

Job description

Join Macquarie's Business Operational Risk Management team supporting the Specialized Asset Finance business within Commodities & Global Markets. In this role, you will partner closely with business leaders and stakeholders to identify, assess, and manage operational risks across a dynamic asset financing platform, helping to strengthen governance, controls, and risk management practices in a global financial services environment.

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 an Associate within Business Operational Risk, you will provide independent operational risk oversight and advisory support to the Specialized Asset Finance business across the Americas. You will partner with front-office teams and corporate support functions to identify emerging risks, assess the effectiveness of controls, and help drive proactive risk management practices.

This role involves reviewing new business initiatives, transactions, and change activities to ensure operational risks are appropriately identified and managed before implementation. You will also lead risk assessments, incident reviews, control assurance activities, and governance reporting while supporting the ongoing execution of the firm's operational risk management framework.

What you offer

• Experience in operational risk management, non-financial risk, business controls, audit, compliance, or a related risk discipline within financial services.
• Strong understanding of risk and control frameworks, including risk assessments, control testing, issue management, and governance processes.
• Knowledge of capital markets, commodities, asset finance, structured finance, banking, or related financial products.
• Experience reviewing new business initiatives, transactions, product approvals, or change management activities from a risk and control perspective.

Salary range for this position: $120,000 - $140,000/Year. Actual 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.

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 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.