Quantitative Analyst

Join our cross-functional, Credit Modelling team in Sydney who are responsible for all aspects relating to the measurement and provisioning of credit exposure which include counterparty credit risk exposure measurement and methodology for the division.-
At Macquarie, our advantage is bringing together diverse people and empowering them to shape all kinds of possibilities. We are a global financial services group operating in 31 markets and with 56 years of unbroken profitability. You’ll be part of a friendly and supportive team where everyone - no matter what role - contributes ideas and drives outcomes.- What role will you play?-As a Quantitative Analyst, you will make improvements to existing counterparty credit risk models and assist in developing new models’ methodologies and tools compliance with internal and regulatory requirements. You will also calibrate risk factor evolution model parameters for newly traded assets and assets not yet modelled in system. You will maintain and develop processes and tools designed to monitor model performance, analyse model output and prepare reports for stakeholders, and reduce the use of legacy non-simulation-based models. In addition, you will ensure comprehensive and current documentation exists across all counterparty credit risk processes and systems, whilst supporting Front Office and Credit Analyst queries relating to counterparty credit risk.What you offer- 2+ years of experience in financial services, preferably in investment banking or trading systems support
- Experience developing/validating CCR models and understanding CCR and the economic, regulatory and market environments in which Banks operate
- Knowledge of financial market products, market conventions and regulatory requirements, with some knowledge and understanding of physical commodity marketsGood knowledge of numerical methods, stochastic calculus, and probability theory with excellent programming skills (R, Python and C++ programming).
-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- 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 employment type, include:

- 1 wellbeing leave day per year
- Up to 5 additional service bonus leave days per year
- Up to 20 weeks’ paid parental leave for primary caregivers along with 12 days of transition leave upon return to work, and 6 weeks’ paid leave for non-primary caregivers
- 2 days of paid volunteer leave and donation matching
- Up to 12 months’ gender affirmation leave, including 6 weeks’ paid leave
- Access to Employee Assistance Program and wellbeing benefits including skin and health checks, and flu vaccinations
- Access to a wide range of salary packaging options
- 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-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.- Our commitment to diversity, equity and inclusion