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Join to apply for the Senior Manager - Trading Model Validation role at Macquarie Group2 days ago Be among the first 25 applicantsJoin to apply for the Senior Manager - Trading Model Validation role at Macquarie GroupGet AI-powered advice on this job and more exclusive features.Join our Model Risk Management team based in Sydney who are responsible for independent validation of trading models used for pricing and valuations; Market Risk regulatory capital; Counterparty Credit Risk (CCR); Valuation Adjustments (XVA); and the Standardised Initial Margin Model (SIMM).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. Youll 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 you will join the team responsible for independent validation of trading models used for pricing and valuations; Market Risk regulatory capital; Counterparty Credit Risk (CCR); Valuation Adjustments (XVA); and the Standardised Initial Margin Model (SIMM).The broad impact of the role means the successful applicant will need to manage and deliver high calibre risk management outcomes to senior stakeholders across Commodities and Global Markets; Financial Management, People and Engagement; and Risk Management Group.Macquarie is subject to regulatory supervision and thus the role also requires ensuring compliance with Australian regulations that include APS180, CPS226, and APS116. In addition, the team has global reach performing validations used to meet the local regulatory requirements of Macquaries entities around the world.What You OfferA strong quantitative educational background, exceptional problem-solving skills, and an ability to independently manage model validations.7+ years experience in risk management. Beneficial knowledge and skills include an understanding of financial products and trading risk, as well as advanced modelling techniques regarding CCR, model performance assessments including back-testing, and curve bootstrapping.Effective collaboration and communication skills, capable of working with multiple stakeholders to achieve strong model risk outcomes and an analytical mindset that can navigate model risk policies and regulations.Experience with model calibration using statistical or stochastic models, advanced numerical/statistical techniques, with knowledge of computational finance.Proficiency in with high-level programming languages (Python, R); exposure to low-level languages (C++) would be considered favourably.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 OfferBenefitsAt Macquarie, youre empowered to shape a career thats 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 yearUp to 5 additional service bonus leave days per yearUp 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 caregivers2 days of paid volunteer leave and donation matchingUp to 12 months gender affirmation leave, including 6 weeks paid leaveAccess to Employee Assistance Program and wellbeing benefits including skin and health checks, and flu vaccinationsAccess to a wide range of salary packaging optionsAccess to a wide range of learning and development opportunities, including reimbursement for professional membership or subscriptionHybrid and flexible working arrangements, dependent on roleReimbursement for work from home equipmentAbout the Risk Management GroupOur 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 Macquaries 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, internal audit, market risk, operational risk, aggregate risk and prudential, and central.Our commitment to diversity, equity and inclusionWe 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.Seniority levelSeniority levelMid-Senior levelEmployment typeEmployment typeFull-timeJob functionJob functionOtherReferrals increase your chances of interviewing at Macquarie Group by 2xSign in to set job alerts for Senior Manager roles.Strategy and Operations Senior Manager, APACSydney, New South Wales, Australia 3 weeks agoSydney, New South Wales, Australia 2 weeks agoSenior Manager Strategy Planning and ImprovementSt Leonards, New South Wales, Australia 2 weeks agoSydney, New South Wales, Australia 2 weeks agoSenior Operations Manager - Multi-Site, Sydney RegionRedfern, New South Wales, Australia 3 weeks agoSenior Operations & Strategy Manager, APACSydney, New South Wales, Australia 2 weeks agoSydney, New South Wales, Australia 2 weeks agoSydney, New South Wales, Australia 2 weeks agoSenior Manager, Project Management OfficeParramatta, New South Wales, Australia 2 weeks agoSydney, New South Wales, Australia 2 days agoSurry Hills, New South Wales, Australia 1 week agoNorth Sydney, New South Wales, Australia 2 weeks agoMillers Point, New South Wales, Australia 1 week agoSydney, New South Wales, Australia A$180,000.00-A$220,000.00 3 weeks agoSenior Brand Manager - Healthcare / Rx / Scale UpPadstow Heights, New South Wales, Australia 1 month agoNorth Sydney, New South Wales, Australia 4 days agoSenior Consumer Operations & Strategy Manager - Grocery & RetailSydney, New South Wales, Australia 6 days agoSenior Manager National Standards & Quality ImprovementSydney Olympic Park, New South Wales, Australia 1 week agoBurwood, New South Wales, Australia 1 month agoSydney, New South Wales, Australia 2 hours agoGroup Manager, Support Services Management - APACHomebush, New South Wales, Australia 2 weeks agoSenior Compliance Manager, Financial ServicesSydney, New South Wales, Australia 2 weeks agoHead of Operations - (Flexible | Remote | Leadership)Sydney, New South Wales, Australia 3 weeks agoSydney, New South Wales, Australia 3 weeks agoPyrmont, New South Wales, Australia 4 weeks agoPyrmont, New South Wales, Australia 1 month agoSydney, New South Wales, Australia 2 weeks agoSydney, New South Wales, Australia 2 weeks agoSydney Olympic Park, New South Wales, Australia 1 week agoWere unlocking community knowledge in a new way. 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