What role will you play?
As a Senior Manager within the Model Risk Audit team, you will lead audit engagements covering both traditional and AI models across Macquarie, spanning all stages of the model lifecycle.
You will play a key role in uplifting the model risk internal audit strategy and capability.
This includes shaping how we deliver dedicated model risk audits to assess the effectiveness of model risk management controls, as well as how model risk is evaluated as part of integrated audits.
Through these reviews, you will gain exposure to a broad range of business processes and model types, including Treasury, Market Risk, Credit Risk, and AI and machine learning models.
You will be responsible for performing deep dives into model risk controls, identifying control weaknesses, sharing insights and recommendations for improvement, and supporting the team in preparing high‐quality audit reports for Senior Management and the Board Audit Committee.
What you offer
Experience in model development and/or model validation, including testing and monitoring of model inputs, methodologies, and outputs, with a strong understanding of the end‐to‐end model lifecycle
Knowledge of global model risk management regulatory guidelines and how they apply to both traditional and AI models
Strong communication skills, with the ability to clearly articulate complex issues to Board‐level audiences
Demonstrated experience in building strong relationships and influencing change with senior business stakeholders
Proven leadership capability to support a model risk audit team, including exercising sound technical judgement, helping resolve blockers, and providing effective review and challenge of audit work
A consistent contribution to a positive workplace culture, where all staff feel challenged, enthusiastic, respected, valued, and encouraged to make a difference
What we offer
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 benefits 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 adaptable working arrangements, dependent on role
Reimbursement for work from home equipment
About the Internal Audit Division
The Internal Audit Division provides independent and objective risk‐based assurance on the effectiveness of Macquarie's risk management framework.
Our global team conducts risk‐based reviews focused on the effective operation of controls and governance processes, identifying insights through innovation and critical thinking.
Our collaboration across all Groups is crucial to highlight potential risks and ensures compliance with regulatory standards in maintaining Macquarie's integrity and success.
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.
To learn more, contact our team.
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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📌 Senior Manager - Model Risk Internal Audit (New South Wales)
🏢 Macquarie Bank
📍 New South Wales