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Operational Risk Associate Director | Retail Banking

Primary office location
Permanent - Full time, Senior
Join our Operational Risk Team based in Sydney and support our dynamic and innovative Retail Bank.
At Macquarie, our advantage is bringing together diverse people and empowering them to shape all kinds of possibilities. We are a global financial services group operating in 34 markets and with 55 years of unbroken profitability. You’ll be part of a friendly and supportive team where everyone - no matter what role - contributes ideas and drives outcomes.

What role will you play?

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As an Associate Director, you will play a key role in forming an independent view of the Retail Bank’s operational risk profile and effect change in the business through the continual refinement and implementation of the Operational Risk Management Framework. Working closely with the Retail Lead Director, you will support setting risk appetite, providing oversight and delivering insights and advice to the business on best practice for design, measurement, analysis, evaluation and reporting of operational risk. You will support the Director in reviewing new product and business proposals, working through all areas of the Operational Risk Management Framework with the business such as incidents, risk assessments and reviewing business assurance activities. 

What you offer

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  • Extensive Operational Risk or Internal Audit experience in the Banking and Financial Services industry or Professional Services
  • Excellent written and verbal communication skills
  • Ability to lead and initiate conversations with business leaders on anticipated and emerging issues.
  • Strong stakeholder management skills with the ability to build relationships with Senior Leaders, gain trust and understand the ability to influence and negotiate.
  • Tertiary qualification in Finance or a related discipline. Relevant professional qualifications such as CPA, CA or CFA are desirable.

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 the Risk Management Group

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In our Risk Management Group, you will be part of an independent, and centralised function, responsible for independent and objective review and challenge, oversight, monitoring and reporting in relation to Macquarie’s material risks. Our divisions include Compliance, Credit, Financial Crime Risk, Internal Audit, Market Risk, Operational Risk, Prudential Risk, and Risk Management Group Central.


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Macquarie employees can access a wide range of benefits which, depending on eligibility criteria, include: 
  • Hybrid and flexible working arrangements 
  • One wellbeing leave day per year and up to five additional days leave based on length of service
  • Up to 20 weeks paid parental leave as well as benefits to support you as you transition to life as a working parent 
  • Paid volunteer leave and donation matching 
  • Range of benefits to support your physical, psychological and financial wellbeing 
  • Access to a wide range of learning and development opportunities

Our commitment to diversity, equity and inclusion

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We are committed to providing a working environment that embraces diversity, equity, and inclusion. We encourage people from all backgrounds to apply for a role regardless of their identity, including gender, race, ethnicity, cultural identity, nationality, age, sexual orientation, gender identity, intersex status, marital or family status, neurodiversity, religion or belief, disabilities, or socio-economic background.
If you require adjustments to your working arrangements or the recruitment process, please let us know when applying.