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The Operations Division of Macquarie Bank is looking to appoint an Associate to join the Margining & Futures team. The team is responsible for all aspects of client margining, risk mitigation, time-critical exchange margin settlements and reconciliations for Macquarie Commodities and Global Markets businesses globally.

This is a 12-month Max Term Contract. 

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 Associate, you will gain exposure to a wide range of complex products within the Commodities and Global Markets division while working in a fast-paced, collaborative environment. You will manage daily margining of client exposures and collateral settlements, deliver accurate Credit/Risk reporting, and support group reporting across multiple products. The role involves overseeing reconciliations, resolving breaks, and escalating and managing disputed margin calls.

You will partner closely with internal stakeholders and senior managers to support both business-as-usual activities and strategic initiatives, including system implementations. Key responsibilities include monitoring transactions, booking margin payments and receipts, maintaining strong risk controls, and contributing to operational excellence and transformation initiatives.

What you offer

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• Proven experience in Banking or Financial Services Operations with strong technical problem-solving ability
• High attention to detail and accuracy, with the ability to prioritise competing demands
• Ability to perform effectively in a fast-paced, high-pressure, and change-driven environment
• Strong communication, organisation, and stakeholder engagement skills, with a collaborative team approach
• Desirable: Exposure to OTC/Futures, collateral management, client servicing, and risk/operations systems

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.

About Corporate Operations Group

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In our Corporate Operations Group, you will work at the heart of Macquarie to deliver for our people, businesses, and their customers. We’re a global, collaborative team with deep expertise in technology, data, digital, market services, corporate real estate, business resilience, procurement and global security.

Our commitment to diversity, equity and inclusion

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We are committed to fostering a diverse, equitable and inclusive workplace. We encourage people from all backgrounds to apply and welcome all identities, including race, ethnicity, cultural identity, nationality, gender (including gender identity or expression), age, sexual orientation, marital or partnership status, parental, caregiving or family status, family and domestic violence status, neurodiversity, religion or belief, disability, or socio-economic background. We welcome further discussions on how you can feel included and belong at Macquarie as you progress through our recruitment process. To learn more, contact our team by clicking here.

Our aim is to provide reasonable adjustments to individuals who may need support during the recruitment process and through working arrangements. If you require additional assistance, please let us know in the application process.