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Operational Risk Associate Director – Asset Management

Additional office locations
Singapore, Sydney
Job ID
19023
Date
29-Oct-2025
Permanent - Full time,
Job category
Asset Management, Compliance & Regulatory, Risk Management
Join our Global Operational Risk team based in either Sydney or Singapore. We play a key role in providing independent oversight and expert challenge of Macquarie Asset Management activities in the Asia Pacific Region, ensuring material operational risks are appropriately identified and managed. 
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 31 markets and with 56 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 be the key point of contact on operational risk matters for Macquarie Asset Management and key regulated legal entities in the Asia Pacific region. You will provide independent challenge and oversight of the application of the operational risk management framework, leveraging strong knowledge of the asset management and principal investments industries to present risk insights clearly to stakeholders. In addition, you will review and challenge the scope and outcome of business and legal entity targeted risk assessments, risk reporting, significant incidents, risk reduction, remediation projects and assurance activities. 

You will contribute to the design and implementation of key projects to deliver on the operational risk management framework strategy and drive the adaptation and effective embedment of this in the Asset Management business. You will also review and evaluate new business initiatives and material one-off transactions, ensuring key operational risks are identified and managed within appetite and drive responses to requests for information and independent risk insights from regulators, auditors and senior management.

What you offer

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  • 10+ years’ experience in asset management, alternative assets and principal investing, through roles in business, non-financial risk or aligned support functions
  • Experience implementing and/or overseeing non-financial risk framework implementation within a large international financial institution or financial services firm
  • Working knowledge of the regulatory environment in which Macquarie operates with strong problem solving and consulting skills and the ability to grasp abstract concepts and complex situations
  • Excellent communication skills, with the ability to initiate and lead conversations with business leaders and risk management colleagues regarding anticipated and emerging issues
  • Tertiary degree in Finance or a related area. Relevant postgraduate degrees or professional qualifications (CA, CFA, CPA, FRM) are valuable.

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.

What we offer

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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

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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.

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.