Macquarie Bank

Associate, Business Operational Risk (Specialised Asset Finance)

Macquarie Bank$120K — $140K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in operational risk management or related risk discipline in financial services
  • In-depth knowledge of risk and control frameworks
  • Familiarity with capital markets, commodities, and asset finance
  • Experience in reviewing business initiatives from a risk perspective
  • Strong analytical and problem-solving skills

Responsibilities

  • Provide independent risk oversight and advisory support to the Specialized Asset Finance business
  • Partner with front-office teams to identify and assess emerging operational risks
  • Review new business initiatives and transactions to ensure operational risks are managed
  • Lead risk assessments, incident reviews, and control assurance activities
  • Support governance reporting and execution of the operational risk management framework

Benefits

  • Minimum of 25 days of annual leave and 1 wellbeing leave day per year
  • Comprehensive paid parental leave policy for primary and secondary caregivers
  • Paid volunteer days and donation matching opportunities
  • Medical, dental, and vision insurance along with life and disability insurance
  • Access to learning and development opportunities and reimbursement for professional memberships
  • Flexible working arrangements and reimbursement for home office equipment
Full Job Description
  • Email


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.

What role will you play?

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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

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  • 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.

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 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

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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.

About Macquarie Bank

Macquarie Bank is a global financial services provider that offers banking, financial advisory, investment and funds management services. The company was founded in 1969 and is headquartered in Sydney, Australia. Macquarie Bank operates in 31 countries and has a strong presence in Australia, Asia, Europe, and the Americas. The company has a diversified business model, with operations in areas such as infrastructure, real estate, and commodities. Macquarie Bank is committed to sustainability and has implemented several initiatives to reduce its environmental impact, such as reducing its carbon footprint and investing in renewable energy.
Learn more about Macquarie Bank
Size
18,133 employees
Industry
Founded
1969
NASDAQ

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