Senior Manager – Model and AI Risk and Governance

Join Macquarie’s Global Non Financial Risk team in Sydney, where you will play a key role in strengthening and sustaining the Group’s approach to model risk management and AI risk governance. You will be part of an independent and centralised risk function, with responsibility for providing objective oversight, review and credible challenge in relation to material model risk and AI risk matters across the Group. This role focuses on ensuring that AI use cases and traditional models are developed, used, and governed in line with Macquarie’s risk appetite, policy expectations, and regulatory obligations, while enabling responsible innovation and commercial outcomes. 

At Macquarie, our advantage is bringing together diverse people and empowering them to shape all kinds of possibilities. We are a global financial services group operating in 31 markets and with 56 years of unbroken profitability. You’ll be part of a friendly and supportive team where everyone - no matter what role - contributes ideas and drives outcomes.

What role will you play?

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As part of this team, you will contribute to the development and ongoing operation of frameworks that support model risk management and the governance of artificial intelligence solutions across the organisation. You will help design and enhance policies, controls and processes, ensuring they remain practical and effective as technology evolves. Working closely with stakeholders, you will provide independent review and constructive challenge on complex risk matters, translating technical, ethical and regulatory considerations into clear, decision-focused advice. You will also support reporting and oversight activities, monitor emerging developments, and help ensure that governance practices remain robust, proportionate and aligned with business objectives.

What you offer

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• A courageous mindset and a demonstrated track record of self directed learning, with the curiosity and discipline to stay ahead of fast moving AI and modelling developments
• Attention to detail and a knack for identifying problems
• Demonstrable experience in model risk management, technology risk, AI governance, or adjacent risk disciplines within a complex organisation
• Critical thinking, with the proven ability to form independent judgement and to make sound, commercial decisions balancing risks and rewards with a robust governance framework
• Exceptional stakeholder management, communication and negotiating skills, with the ability to engage, influence, and build trust with a wide variety of audiences
• Formal qualifications or specific AI credentials are welcome but not determinative -we place greater value on demonstrated judgment and learning agility and real world impact. 

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

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

About the Risk Management Group

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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.

Our commitment to diversity, equity and inclusion

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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 by clicking here.

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.