Due to the continued expansion of Macquarie’s trading businesses in the Americas, we have an opportunity for a candidate with 0-2 years of experience to join our Credit team in New York with a focus on derivative and fund lending transactions within the Commodities and Global Markets (CGM) division. The variety of work offers unmatched learning and development opportunities working with an established and experienced Credit team. Given this is an early career role we are seeking candidates with strong academic backgrounds from top Universities and a demonstrated interest in finance.
Banking, credit research, alternative lending, or rating agency experience specifically with credit analysis of private credit and private equity funds is helpful. Experience with derivative transactions and ISDA negotiations is highly beneficial. Additionally, some understanding of consumer lending, corporate lending, equites, and debt trading is helpful. You will be exposed to a wide range of trading, lending, and investing that is conducted by the Macquarie Group.
In this role, you will be assisting with transactions early in the deal process, identifying key issues and coordinating the credit response. Conducting real time, ongoing and self-initiated monitoring of counterparty developments/market changes, reviewing new counterparties (primarily fund counterparties, special purpose vehicles and corporates) and providing recommendations and opinions on establishment of limits is also a function of this role. You will also be responsible for the Annual review of existing counterparty limits and monitoring credit exposures, as well as performing due diligence and negotiation of legal documentation and recommending appropriate mitigants.
Persuasive communication skills (both written and verbal), combined with confidence when being challenged will be necessary in this role as you liaise with the traders/marketers and respond to trading requests. Being a collegial team member who builds open dialogue-based relationships will help you succeed in meeting with existing and potential clients as part of the due diligence process to gain a better understand of the client’s financial position and operations.
If you are looking for a new and exciting challenge working alongside an experienced team, and be part of the growing Macquarie Group, apply today.
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 workplace enables us to embrace that diversity to deliver more innovative and sustainable solutions for our people, clients, shareholders and communities. At Macquarie, you'll be encouraged to be yourself and supported to perform at your best. If you're inspired to deliver on our purpose of ‘empowering people to innovate and invest for a better future’, we want you on our team. If you need adjustments made to the recruitment process, please reach out to your recruiter.
All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other impermissible criterion or circumstance. Macquarie also takes affirmative action in support of its policy to hire and advance in employment of individuals who are minorities, women, protected veterans, and individuals with disabilities.
We equip our people with the support to work in a range of flexible ways. Talk to us about what working arrangements would help you thrive.
Salary range for this position: $81,000- $122,000 USD/Yr. 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. The successful candidate may also be eligible for an annual discretionary incentive compensation award. Macquarie offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees.