Analyst/Senior Analyst, Model Risk Management | Trading Models
Additional office locations
Sydney
Job ID
Date
27-Aug-2026
Permanent - Full time, Junior
Quantitative Analysis
Join our Model Risk Management team based in Sydney who have a global responsibility for ensuring that key financial and risk models used by Macquarie are appropriately managed and validated.
We are a global financial services group operating in 30 markets with 57 years of unbroken profitability. At Macquarie, you’re empowered to shape a career that is fulfilling and creates value. You will bring your insights and expertise to the task at hand and feel supported as you make your own kind of impact for a better future.
What role will you play?
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As an Analyst/Senior Analyst, you will be responsible for the independent validation of models used for risk such as Counterparty Credit Risk (CCR), Valuation Adjustments (XVA) and Standardised Initial Margin Model (SIMM), and/or derivative pricing models used for trading activity in various asset classes. The broad impact of the role means you will manage and deliver high calibre risk management outcomes to senior stakeholders. Macquarie is subject to regulatory supervision and thus the role also requires ensuring compliance with Australian regulations that include APS180, CPS226, and APS116.
In addition, our team has global reach performing validations used to meet the local regulatory requirements of Macquarie’s entities around the world.
What you offer
Strong quantitative educational background, exceptional problem-solving skills, and an ability to independently manage model validations
Entry level or up to 5 years' of experience in financial modelling or risk management, including a deep understanding of financial products, key risk factors, and advanced modelling techniques. Familiarity with areas such as, model performance assessments including back-testing, curve bootstrapping, simulation methodologies, optimisation or regression analysis is favourable.
Effective collaboration and communication skills, capable of working with multiple stakeholders to achieve strong model risk outcomes and an analytical mindset that can navigate model risk policies and regulations
Experience with model calibration using statistical or stochastic models, advanced numerical/statistical techniques, with knowledge of computational finance
Proficiency in with high-level programming languages (Python, R); exposure to low-level languages (C++) is valuable.
Please attach Academic Transcripts with your application
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.
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.
Inclusion at Macquarie
We are committed to providing an inclusive environment for all, where different experiences, skills and perspectives are valued and respected. Macquarie provides access to opportunities for all individuals regardless of race, colour, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other characteristic or circumstance.
We provide reasonable adjustments to individuals who may need support during the recruitment process and employment. If you require an adjustment, please let us know during the application process.
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Apply on Macquarie Group’s careers page