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Senior Analyst - Operational Risk


Join us as a Line 2 Operational Risk Senior Analyst aligned to our dynamic Corporate Operations Group.

You will be part of our second line of defence Operational Risk and Governance team, whose role it is to form an independent view of Macquarie’s operational risk profile and effect change in operational risk management and culture, through the continual refinement and implementation of the Operational Risk Management Framework (ORMF).  

Overseeing the Corporate Operations Group (including HR, Central Services and Business Services Division, excluding Technology), you will have an excellent opportunity to apply your risk skills and experience to implement and further develop Macquarie’s operational risk strategy.

Key responsibilities include:

  • Provide independent oversight of the operational risk profile of the businesses
  • Assist in reviewing and evaluating new business initiatives; ensuring that key operational risks are identified and managed and that appropriate stakeholders are engaged in the approval process
  • Review and challenge the scope and outcome of business risk reporting, targeted assessments, significant incidents, key risk indicators, projects and assurance activities
  • Analyse operational risk data to identify risks themes and facilitate improved business risk management
  • Develop meaningful reporting and measurement of the effectiveness of the ORMF
  • Provide insights and advice to businesses on the best practice for design, measurement, analysis, evaluation and reporting of operational risk
  • Assist in compiling responses to requests from stakeholders including regulators, auditors and senior management
  • Assist with the implementation of key projects to deliver Macquarie’s Operational Risk strategy

To be successful in this role you will hold a tertiary degree in addition to Operational Risk, Internal or External Audit experience gained within a dynamic international financial institution, financial services firm or within a professional services environment.

You will have a working knowledge of the regulatory environment in which Macquarie operates and possess the commercial experience and analytical mindset to make sound recommendations on operational risk issues.

You will be a lateral thinker with problem solving, and consulting skills, and an ability to grasp abstract concepts and complex situations as well as being a confident and effective communicator, both verbally and in writing, with the ability to participate in conversations with business leaders and risk management colleagues regarding anticipated and emerging issues.

About the Risk Management Group

The Risk Management Group (RMG) is an independent, centralised unit responsible for ensuring all risk across Macquarie are appropriately assessed and managed. Its divisions include Behavioural Risk, Compliance, Credit, Financial Crime Risk, Internal Audit, Market Risk, Operational Risk, Regulatory Affairs and Aggregate Risk, and RMG Enterprise Support.

Our commitment to Diversity, Equity and Inclusion 

The diversity of our people is one of our greatest strengths. An inclusive and equitable environment enables us to deliver innovative and sustainable outcomes for our people, clients, shareholders and communities. From day one, you'll be encouraged to be yourself and supported to perform at your best. If our purpose of ‘empowering people to innovate and invest for a better future’ is as inspiring to you as it is to us, please apply. With the right technology, support and resources, our people can work in a range of flexible ways.

We are committed to providing a working environment that embraces and values diversity, equity and inclusion. We encourage candidates to speak with a member of our recruitment team if you require adjustments to our recruitment process to support you, and the type of working arrangements that would help you thrive.

About Macquarie

A career at Macquarie means you’ll have the opportunity to develop and utilise new skills, explore interesting fields and do challenging work that will impact the lives of people around the world—whether it’s accelerating the green energy transition, helping sustain global food supplies, financing social housing projects or investing in essential infrastructure. At Macquarie, we’re empowering people to innovate and invest for a better future.

Our size and international presence means your work can take you anywhere—across business groups, disciplines, sectors and borders. With 19,200+ employees and offices in 34 markets around the world, we’re a truly global organisation.

You’ll be supported by a diverse team where the unique perspectives, ideas and experiences that all of our people bring are valued. You’ll be empowered to address unmet needs in our communities whilst advising and investing alongside our clients and partners. Working with us, you’ll have the opportunity to make a difference.

Macquarie is a global financial group providing clients with asset management, retail and business banking, wealth management, leasing and asset financing, market access, commodity trading, renewables development, specialist advisory, capital raising and principal investment.

Find out more at

Job no: RMG-970065
Work type: Permanent - Full time
Location: Sydney
Category: Mid-level, Junior, Risk Management
Group: Risk Management Group
Division: Operational Risk & Governance
Recruiter: Nisha Pillai
Opening Date: