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Senior manager - model risk internal audit

Melbourne
Macquarie Group
Model
Posted: 17 April
Offer description

Join our global Internal Audit team based in Sydney and play an integral role in leading and delivering our Model Risk audit approach for traditional and AI models across all of Macquarie.

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?

As a Senior Manager within the Model Risk Audit team, you will lead audit engagements covering both traditional and AI models across Macquarie, spanning all stages of the model lifecycle. You will play a key role in uplifting the model risk internal audit strategy and capability. This includes shaping how we deliver dedicated model risk audits to assess the effectiveness of model risk management controls, as well as how model risk is evaluated as part of integrated audits. Through these reviews, you will gain exposure to a broad range of business processes and model types, including Treasury, Market Risk, Credit Risk, and AI and machine learning models.

You will be responsible for performing deep dives into model risk controls, identifying control weaknesses, sharing insights and recommendations for improvement, and supporting the team in preparing high‐quality audit reports for Senior Management and the Board Audit Committee.

What You Offer
* Experience in model development and/or model validation, including testing and monitoring of model inputs, methodologies, and outputs, with a strong understanding of the end‐to‐end model lifecycle
* Knowledge of global model risk management regulatory guidelines and how they apply to both traditional and AI models
* Strong communication skills, with the ability to clearly articulate complex issues to Board‐level audiences
* Demonstrated experience in building strong relationships and influencing change with senior business stakeholders
* Proven leadership capability to support a model risk audit team, including exercising sound technical judgement, helping resolve blockers, and providing effective review and challenge of audit work
* A consistent contribution to a positive workplace culture, where all staff feel challenged, enthusiastic, respected, valued, and encouraged to make a difference.
Benefits
* 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 Internal Audit Division

The Internal Audit Division provides independent and objective risk‐based assurance on the effectiveness of Macquarie's risk management framework. Our global team conducts risk‐based reviews focused on the effective operation of controls and governance processes, identifying insights through innovation and critical thinking. Our collaboration across all groups is crucial to highlight potential risks and ensures compliance with regulatory standards in maintaining Macquarie's integrity and success.

Our commitment to diversity, equity and inclusion

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.

If you require additional assistance, please let us know in the application process.

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