The role of Operational Risk in Macquarie is to form an independent view of Macquarie's operational risk profile and effect change in operational risk management and culture across the Macquarie Group, through the continual refinement and implementation of the Operational Risk Management Framework (ORMF).
As Director, Operational Risk you will combine a risk management oversight role focusing on the funds management business as well as leading our Americas operational risk function. You will be responsible for:
- Forming an independent view of the operational risk profile of our Americas businesses as well as our global funds management businesses and where appropriate act as a catalyst for change
- Review and challenge business risk assessments, incidents, key risk indicators and assurance activities
- Be a source of advice and quality control on the implementation of the ORMF, both in the funds management business and across the Americas businesses more broadly
- Risk reporting and liaison with Americas senior management.
- Evaluation and approval of new products and businesses.
- Liaising with other risk management teams.
- Respond to requests from stakeholders including regulators, auditors and senior management
- Ad-hoc projects as required by management
- The role will involve travel to our American offices and to our Sydney office.
With a background in operational risk, assurance, advisory or within a fund manager, you will demonstrate a practical and commercial understanding of funds management business operations. Additionally you will possess:
- Tertiary degree in Finance or a related area. Relevant postgraduate degrees or professional qualifications (CA, CFA, CPA) are desirable
- Significant Operational Risk, Internal or External Audit experience gained within a dynamic international financial institution or financial services firm
- The commercial experience and analytical mindset to make sound recommendations on Operational Risk issues
- Lateral thinker with problem solving, consulting skills and an ability to grasp abstract concepts and complex situations
- Ability to work both independently and collaboratively within a global organisation to deliver results
- Excellent communication skills, both verbal and written, with the ability to initiate and lead conversations with business leaders and risk management colleagues regarding anticipated and emerging issues. Confident communicator, possessing strength of character to discuss risk management issues openly and with conviction
- Tenacious, agile and with proven ability to sustain high levels of performance in a fast-paced, output focused environment
- Working knowledge of the regulatory environment in which Macquarie operates
Macquarie's business is structured into five operating groups and four service groups.
Strong prudential management has been a key to Macquarie's success over many years.The Risk Management Group (RMG) is an independent, centralised unit responsible for assessing and monitoring risks across Macquarie. This includes market and liquidity risk, credit risk, compliance risk and operational risk. RMG personnel liaise closely with all operating areas to ensure risks are understood and properly managed.
All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, colour, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other impermissible criterion or circumstance. Macquarie also takes affirmative action in support of its policy to hire and advance in employment individuals who are minorities, women, protected veterans, and individuals with disabilities.