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The Operations Division of Macquarie Bank is looking to appoint a Senior 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.

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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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.

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 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.