Join our Credit Modelling team as a key senior leader and be responsible for all aspects relating to the Provisioning and Stress Test Modelling for the Organisation.

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?

In this role you will lead the development, validation and ongoing enhancement of a broad suite of credit risk models, including credit scoring, impairment, stress testing and collections models, ensuring they remain robust, effective and fit for purpose. You will oversee compliance with key regulatory frameworks and internal governance requirements, including IRB, IFRS 9 and ICAAP, while driving best practice across the modelling lifecycle. As a people leader, you will mentor and develop a high-performing team of quantitative and risk modelling specialists, fostering a culture of technical excellence and continuous improvement.

Working closely with senior leaders and business stakeholders, you will translate complex analytical insights into clear, actionable recommendations that support informed decision-making. You will also play a key role in shaping the future direction of the bank’s credit risk modelling capabilities, providing strategic advice and balancing risk and reward to deliver strong business outcomes.

What You Offer

- Advanced degree in a quantitative discipline (e.g., Mathematics/Statistics, Actuarial, Engineering, Computer Science)




- You will have extensive experience in the following disciplines:
- IRB and IFRS9 Model Development
- ICAAP and other regulatory stress tests
- 10+ years of experience in financial services, preferably in investment banking
- Knowledge of financial market products, market conventions and regulatory requirements
- Good knowledge of numerical methods, stochastic calculus, and probability theory
- Strong communication skills
- Excellent stakeholder management skills
- Programming skills (R, Python and SQL) preferred
- Tenacity and flexibility with the ability to work both autonomously and collaboratively and to manage a number of activities simultaneously

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.

What We Offer

Benefits

At Macquarie, you’re empowered to shape a career that’s rewarding in all the ways that matter most to you. Macquarie employees can access a wide range of benefits which, depending on employment type, include:

- 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 skilled membership or subscription
- Hybrid and flexible working arrangements, dependent on role
- Reimbursement for work from home equipment

About the Risk Management Group Our Risk Management Group works as an independent, and centralised function, responsible for independent and objective review and challenge, oversight, monitoring and reporting in relation to Macquarie’s material risks. We are a global team that aims to manage the risks of today and anticipate the risks of tomorrow. Our divisions include compliance, credit, financial crime risk, market risk, operational risk, aggregate risk and prudential, and central.

Inclusion at Macquarie

We are committed to providing an inclusive environment for all, where different experiences, skills and perspectives are valued and respected. Macquarie provides access to opportunities for all individuals regardless of race, colour, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other characteristic or circumstance.

We provide reasonable adjustments to individuals who may need support during the recruitment process and employment. If you require an adjustment, please let us know during the application process.

📌 Senior Manager | Credit Modelling (Sydney)
🏢 Macquarie Group
📍 Sydney