What We Offer
Our Global Valuations & Portfolio Analytics team is an independent function at the heart of Macquarie Asset Management's real assets governance model. We are responsible for reviewing and challenging asset‐level valuations across infrastructure, agriculture, renewables, and related real‐asset sectors globally, and for translating those valuations into fund‐level performance analytics and reporting. The team operates as a dedicated challenge function, separate from the asset teams who own the underlying models and interfaces directly with senior stakeholders, independent valuers, and external auditors.
We are a global financial services group operating in 30 markets with 57 years of unbroken profitability. At Macquarie, you're empowered to shape a career that is fulfilling and creates value. You will bring your insights and expertise to the task at hand and feel supported as you make your own kind of impact for a better future.
What role will you play?
As an Associate in the team, you will be responsible for leading the end‐to‐end valuation process for ANZ infrastructure assets, covering digital infrastructure, registries, utilities, and transport. You will work closely with asset teams, external independent valuers, and fund management teams to ensure valuation quality, consistency, and governance. You will review and challenge valuations prepared by asset teams, conduct market benchmarking and comparable analysis to evidence your challenge, and manage the relationship with external valuers across both Positive Assurance and Full Valuation cadences.
You will prepare materials for valuation committees and maintain the governance documentation, exception logs, trigger assessments, and audit trails to a standard that withstands regulatory scrutiny. Alongside the valuation work, you will track and report key performance metrics and provide analytical insights across the portfolio,



including valuation drivers and bridge analysis, and performance commentary for board papers and LP reporting. You will also participate in fund strategy and portfolio composition discussions, bringing analytical rigor to decisions on capital deployment, sector exposure, and portfolio construction.
Beyond just ANZ, you will also contribute to broader APAC and global initiatives.
What You Offer
3–6 years' experience in valuations, transaction services, infrastructure or real assets advisory, audit (valuation‐focused), or a closely related buy‐side or sell‐side role.
Strong working knowledge of DCF valuation mechanics & modelling.
Comfort with IRR attribution, valuation bridge analysis, and fund‐level performance analytics; advanced Excel modelling is expected.
Exposure to infrastructure or real assets valuation is a strong advantage, given the asset class nuances – regulated pricing, concession structures, and long‐duration cash flows.
Familiarity with IPEV or RICS valuation standards, or a clear willingness to develop that knowledge quickly.
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.
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 perks 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
Macquarie Asset Management is a leading global asset manager, trusted by institutions, individuals and communities to responsibly manage $A720 billion in assets. MAM provides clients with a diverse range of investment solutions that seek to deliver superior risk‐adjusted returns. All figures are as at 30 September ****, excluding assets acquired by Nomura on 1 December ****.
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. 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.
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📌 Associate — Global Valuations & Portfolio Analytics (New South Wales)
🏢 Macquarie Group
📍 New South Wales