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You will become a trusted advisor to leaders and their internal customers within your team. You’ll work as an integrated team member delivering commercial risk-based advice to key decision makers, fostering a proactive risk management culture, and ensuring risk is managed effectively and in line with our Risk Management Framework.
You will ensure ongoing risk management by executing and monitoring of risk management practices, operational issues and control breakdowns within your division.
Degree backgrounds we’re looking for:
“I begin each day looking at the trading desk’s exposures to stress scenarios versus the allowed limits. For example, what would happen if the ASX 200 were to fall 20 per cent tomorrow, or if oil prices were to fall 40 per cent in a day?
“Since starting as a grad, I’ve had exposure to multiple asset classes and products through the Equity, Commodity and Fixed Income desks.
“I work closely with the trading desk to understand positioning against the market. I also work with the traders to identify the risks associated with upcoming client deals.
“If the desk is looking to trade in a new product, I’ll help them understand risk measures, and also work on the design of a limit framework that will capture and constrain market risk exposures.
“Although I work primarily with the traders in Macquarie’s Commodities and Global Markets Group, we liaise daily with other teams in the Risk Management Group and other business divisions in Macquarie. That’s helped give me an overview of how a financial services institution works.
“I’ve had an exciting graduate year. Even as a junior, I was given the opportunity to be part of a team looking at large hedging transactions, working through the market risks and hedging strategy. I’ve had great experience working on a deal that required me to look at the risks with a commercial mindset. I felt I added real value to this process and being able to work so closely with the traders helped me understand how they think.
“Global mobility was an important factor for me when I was deciding where to begin full-time work. Macquarie emphasised that it offered people the chance to move around the world from a junior level. That really appealed to me, so during my mid-year review I flagged that I was interested in moving overseas. I was thrilled to move to London while I was still on the graduate program.
“I love that I’m challenged outside of my comfort zone from both a personal and career perspective.
“London is a financial hub, and Macquarie has a large trading presence here. I look at very different asset classes, and it’s great to get this kind of exposure from an early stage in my career. Not to mention being able to take weekend trips around Europe.”
“My responsibilities include liaison with the Australian Prudential Regulation Authority (APRA) on prudential related matters and working together with our different business groups to ensure compliance with prudential standards. Some of the projects and work I am involved in includes reviewing securitisation agreements for APRA compliance, managing secured funding reporting requirements for APRA, assisting with preparations for APRA visits and working on credit model projects and initiatives.
“I report to two directors who manage different teams within PCM. Thanks to this, I’ve been exposed to a broad range of work and been given many learning opportunities.
“I really enjoy the amount of time I spend working with senior stakeholders, and I’ve learnt a lot from the insights and experiences they’ve shared with me.
“As part of the Graduate Program, I’ve been co-chair of the Graduate Volunteer Network. My responsibilities have been to propose fundraising ideas, generate interest from other graduates and ensure we always have enough volunteers attending events. In order to maximise fundraising, I’ve also assisted other committee members with their ideas, and helped members get involved with their chosen initiatives. We raised more than $A300,000 for charity throughout 2018 – an amazing result.
“The Graduate Development Program has really helped me develop skills beyond the immediate scope of my role. The content is built around what graduates want to know: the first session involved getting our feedback on what we wanted to learn throughout the program. I particularly enjoyed two of the training sessions – “Economic Outlook and Financial Wellbeing” and the “Business Writing Workshop”.”
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