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Analyst/Senior Analyst | Counterparty Credit Risk Model Development

4 months ago


Sydney, Australia Macquarie Full time

Join our Credit Risk team and play a key role in the measurement and provisioning of Counterparty Credit Risk (CCR) exposure measurement and methodology.

At Macquarie, we are working to create lasting value for our communities, our clients and our people. We are a global financial services group operating in 34 markets and with 54 years of unbroken profitability. You’ll be part of a supportive team where everyone - no matter what role - contributes ideas and drive outcomes.

What role will you play?

In this role, you will be contributing to the improvement of existing and development of new CCR risk factor evolution models, calibrating these models and reviewing their parameters. You will also be developing processes and tools to monitor model performance, analysing their output and preparing reports for stakeholders. Finally, you will be responsible for providing training on the use of the models to team members responsible for quarterly operational processes.

What you offer

  • Honours level qualification in a quantitative disciple, PhD level qualification would be advantageous
  • Prior experience in the Financial Services industry in a similar role
  • Knowledge of financial market derivative product pricing and key risk factors
  • Strong programming skills, ideally in R and Python
  • Excellent written and verbal communication skills.

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.

Benefits

Macquarie employees can access a wide range of benefits which, depending on eligibility criteria and location, include:

  • Hybrid and flexible working arrangements
  • Wellbeing and service bonus leave
  • Up to 20 weeks paid parental leave as well as benefits to support you as you transition to life as a working parent
  • Paid volunteer leave and donation matching
  • Range of benefits to support your physical, psychological and financial wellbeing

About the Risk Management Group

In our Risk Management Group, you will be part of an independent, and centralised function, responsible for independent and objective review and challenge, oversight, monitoring and reporting in relation to Macquarie’s material risks. Our divisions include behavioural risk, compliance, credit, financial crime risk, internal audit, market risk, operational risk and governance, prudential risk, and Risk Management Group central.

Our commitment to Diversity, Equity and Inclusion 

We are committed to providing a working environment that embraces diversity, equity, and inclusion. We encourage people from all backgrounds to apply for a role regardless of their identity, including gender, race, ethnicity, cultural identity, nationality, age, sexual orientation, gender identity, intersex status, marital or family status, neurodiversity, religion or belief, disabilities, or socio-economic background.

If you require adjustments to your working arrangements or the recruitment process, please let us know when applying.