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Our Credit Modelling team is responsible for measuring and managing counterparty credit risk exposure within the Commodity Markets and Finance division. As the senior London-based personnel, you will ensure our models' methodologies and tools comply with both internal and regulatory requirements.

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 a Senior Manager in Credit Modelling, you will lead efforts to improve existing counterparty credit risk models and develop new ones. You will calibrate risk factor evolution model parameters for newly traded assets, maintain processes to monitor model performance, and prepare reports for stakeholders. Additionally, you will support the Front Office and Credit Analysts with counterparty credit risk queries and maintain clear communication with senior stakeholders.

What you offer

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• An advanced degree in a quantitative discipline (e.g., Mathematics/Statistics, Actuarial, Engineering, Computer Science)
• 8+ years of experience in financial services, preferably in investment banking or trading systems support
• Experience developing/validating counterparty credit risk models and a strong understanding of the economic, regulatory, and market environments in which banks operate
• Strong programming skills (R, Python and C++) and a good understanding of numerical methods, stochastic calculus, and probability theory
• Excellent stakeholder management skills and the ability to communicate effectively in English, both verbally and in writing
• Tenacity and flexibility with the ability to work both autonomously and collaboratively, managing priorities simultaneously

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.

Benefits

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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 minimum 25 days of annual leave
• Primary carers are eligible for minimum 20 weeks paid leave and minimum 6 weeks for secondary carer
• Paid volunteer leave and donation matching
• Range of benefits to support your physical, psychological and financial wellbeing
• Employee Assistance Program, a robust behavioral health network with counseling and coaching services
• Recognition and service awards

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. As an inclusive employer, Macquarie does not discriminate on the grounds of age, disability, sex, sexual orientation, gender identity or expression, marriage, civil partnership, pregnancy, maternity, race (including color and ethnic or national origins), religion or belief.