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Risk Management Group

About Risk Management Group

Risk Management Groups functions include Credit, Prudential, Capital and Markets, Market Risk, Operational Risk, Compliance, Quantitative Applications, Internal Audit and Data Policy.

Find out more about Risk Management Group

Working in Risk Management Group

Graduate programme 

Graduates work with industry leaders to develop their knowledge of financial markets. There may also be opportunities to work on assignment offshore. 

Macquarie offers a structured training programme covering a variety of technical, business and personal development courses. Support is also available for further external study. 

Macquarie offers graduate opportunities in a number of divisions within Risk Management Group.  We are currently looking for Interns in:

  • Compliance
  • Credit Risk
  • Market Risk 

Summer internship program 

You’ll have first-hand experience of what it’s like to work in Risk Management at Macquarie. Our 9-week structured programme provides business specific and on the job training and a range of opportunities to grow your business networks.

Summer interns will join a particular division within the Risk Management Group for the duration of the programme. Within your division you will undertake a project with a focus on a genuine business matter and your findings may be utilised and acted upon. 

Risk Management Group summer interns also participate in training and information sessions on Macquarie’s divisions for a well rounded exposure to the group.

Meet our people

Lorijent

In the graduate programme I was able to rotate among the different compliance departments. That allowed me to make an informed choice about what direction I wanted to take.

Nicole

Macquarie is non-hierarchal, it’s a very flat structure, senior members of risk are very approachable, very friendly, they encourage you to ask questions.  

Tom

While my colleagues’ backgrounds are highly varied, their common traits are that they’re smart, innovative and committed. 

Is a role in Risk Management Group right for you?

We are looking for high-calibre students from a range of disciplines, including but not limited to, accounting, actuarial studies, business, commerce, economics, engineering, law, mathematics, statistics, sciences. 

Am I eligible to apply?

If you are in your penultimate year of study you are eligible to apply for a summer internship position. 

If you are about to start your final year of study, you are eligible to apply for a graduate position. 

Find out more about our graduate and summer internship programmes

The Risk Management Group is an independent, central unit responsible for ensuring all risks across Macquarie are appropriately assessed and managed.

Graduate program

Graduates work with industry leaders to develop their knowledge of financial markets. There may also be opportunities to work on assignment offshore.

Macquarie offers a structured training program covering a variety of technical, business and personal development courses. Support is also available for further external study.

Macquarie offers graduate opportunities in a number of divisions within Risk Management Group.

Prudential and Regulatory Affairs (P&RA) 

Prudential and Regulatory Affairs (P&RA) works with the Australian Prudential Regulation Authority (APRA), which oversees the financial services industry, undertaking both qualitative and quantitative analysis. Graduates in P&RA learn about the relationship between Macquarie and APRA in a challenging but rewarding environment. 

Graduates will:

  • learn about the rules that govern Authorised Deposit-taking institutions (ADIs), including capital adequacy, funds management, securitisation and corporate governance
  • undertake risk-based, independent analysis of transactions and new business proposals to ensure compliance
  • work with all of Macquarie’s business groups and support functions
  • understand the global regulatory landscape for global financial services. 

The Quantitative Applications Division (QAD) 

The Quantitative Applications Division (QAD) is responsible for developing and reviewing models used for both option pricing and for calculating Macquarie’s capital requirements. QAD also provides consulting on quantitative and modelling issues. 

Graduates in QAD work alongside experienced quants and have the opportunity to:

  • test financial models used for trading, hedging and portfolio management
  • develop statistical and simulation models for risk management
  • ensure all groups comply with regulatory requirements and have sufficient capital for potential losses. 

Risk & Capital Analysis 

Graduates in the Risk & Capital Analysis (R&CA) team will work on a wide variety of risk-management and risk-strategy tasks and projects. After extensive training you will be given the opportunity to review deals independently by the end of your first year. 

Graduates in the Risk & Capital Analysis division:

  • help apply and refine the Economic Capital Adequacy Model to manage Macquarie’s capital position
  • develop new risk methodologies to determine the amount of capital required to support a certain product or business line
  • create and run group-wide stress tests to quantitatively simulate different market scenarios 
  • analyse and approve new deals which involve applying Macquarie’s statistical models to identify capital requirements and expected rate of return. 

Compliance

Compliance ensures regulatory and compliance risks are identified and appropriate standards applied consistently to manage these risks from a group-wide perspective. Graduates in Compliance have the opportunity to work with Macquarie’s businesses to ensure they meet their obligations under applicable laws and regulations. 

Graduates within Compliance learn to:

  • interpret and research domestic and international laws and regulations to formulate risk-based policies and procedures that apply Macquarie-wide
  • assist with training the businesses on their responsibilities, approving transactions and client relationships
  • assess the compliance risks in proposed new products and advise on ways to minimise the risk of breaching the relevant laws and regulations. 

Credit

The Credit team’s role is to assess and approve all material credit risk undertaken by the Group. Graduates are given responsibility for a set of counterparties and are encouraged to formulate and communicate their views. 

Graduates within Credit learn to: 

  • assess the credit appetite of counterparties which involves financial statement analysis and due diligence to make recommendations to senior approvers
  • monitor credit exposures against credit limits
  • conduct portfolio monitoring and analysis, country risk analysis and work on large transactions. 

Internal Audit 

The Internal Audit team’s role is to work with stakeholders across all of Macquarie’s businesses to understand and assess the processes and controls that support the organisation. 

Graduates joining Internal Audit will take part in:

  • designing and performing tests to validate that processes and controls are operating as intended
  • identifying and escalating issues
  • assisting with audit report writing.

Summer internship program

You’ll have first-hand experience of what it’s like to work at Macquarie. Our 11-week structured program provides training and a range of social activities to grow your business networks.

Summer interns will join a particular division within the Risk Management Group for the duration of the program. Within your division you will be encouraged to undertake a project with a focus on a genuine business matter and your findings may be utilised and acted upon.

Risk Management Group summer interns also participate in training and information sessions on Macquarie’s divisions for a well rounded exposure to the group.

Is a role in Risk Management Group right for you?

We are looking for high-calibre students from a range of disciplines, including but not limited to, accounting, actuarial studies, business, commerce, economics, engineering, law, mathematics, statistics, sciences.

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Meet our graduates

Find out more about the Risk Management Group

See some of the great work our graduates have been involved in