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Analyst, Counterparty Credit Modelling and Exposures

ExperiencedNo visa sponsorship
Macquarie logo

at Macquarie

Investment Banking

Posted 4 days ago

No clicks

**Analyst, Counterparty Credit Modelling and Exposures (22364)** Join Macquarie's cross-functional Credit Modelling team in Sydney to manage and measure counterparty credit risk. Analyse exposures, ensure alignment with modelled calculations, and collaborate with Line 1 and Line 2 teams. Develop and maintain processes, tools, and documentation. Explain model outputs to stakeholders. **Key Responsibilities:** - Measure credit exposure and counterparty credit risk - Monitor model performance and analyse output - Collaborate with Line 1 and Line 2 teams to ensure alignment with modelled calculations **Required Skills and Experience:** - 2+ years in financial services, preferably investment banking - Proficient in R, Python, and C++ programming - Strong quantitative qualifications (Master's, PhD, or equivalent) - Knowledge of numerical methods, stochastic calculus, and regulatory requirements

Compensation
Not specified

Currency: Not specified

City
Sydney
Country
Australia

Full Job Description

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Analyst, Counterparty Credit Modelling and Exposures

Additional office locations
Sydney
Job ID
22364
Date
15-Jun-2026
Permanent - Full time, Junior, Mid-level
Job category
Risk Management
Apply now
Share
  • Email
Join our cross-functional, Credit Modelling team in Sydney who are responsible for all aspects relating to the measurement and provisioning of credit exposure which include counterparty credit risk exposure measurement and methodology for Macquarie.
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. Youll be part of a friendly and supportive team where everyone - no matter what role - contributes ideas and drives outcomes.

What role will you play?

Press space or enter keys to toggle section visibility

As an Analyst in the Counterparty Credit Risk Modelling and Analytics team, you will initially be involved in exposure management, ensuring that trading activity is within Credit appetite and aligned to our modelled exposure calculations. You will support Line 1 (i.e. Front Office) as well as Line 2 (Risk Management Group) queries relating to counterparty credit risk for a range of products (FX, commodities, Interest Rate, Futures etc). In time, there will be opportunity to learn to make improvements to existing counterparty credit risk processes and in developing new models methodologies and tools to ensure compliance with internal and regulatory requirements. This role provides an opportunity to get exposure to calibrating risk factor evolution model parameters for newly traded assets. You will maintain and develop processes and tools designed to monitor model performance, analyse model output and prepare reports for stakeholders, and reduce the use of legacy non-simulation-based models. In addition, you will ensure comprehensive and current documentation exists across all counterparty credit risk processes and systems.

What you offer

Press space or enter keys to toggle section visibility

  • Strong academic qualifications in a quantitative subject (e.g., Actuarial Studies, Financial Mathematics, Masters, or PhD)
  • 2+ years of experience in financial services, preferably in investment banking or trading systems support
  • Experience developing/validating CCR models and understanding CCR and the economic, regulatory and market environments in which Banks operate
  • Knowledge of financial market products, market conventions and regulatory requirements, with some knowledge and understanding of physical commodity markets
  • Good knowledge of numerical methods, stochastic calculus, and probability theory with excellent programming skills (R, Python and C++ programming).

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

Press space or enter keys to toggle section visibility

At Macquarie, youre empowered to shape a career thats 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

Press space or enter keys to toggle section visibility

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 Macquaries 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

Press space or enter keys to toggle section visibility

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.

Analyst, Counterparty Credit Modelling and Exposures

Compensation

Not specified

City: Sydney

Country: Australia

Macquarie logo
Investment Banking

4 days ago

No clicks

at Macquarie

ExperiencedNo visa sponsorship

**Analyst, Counterparty Credit Modelling and Exposures (22364)** Join Macquarie's cross-functional Credit Modelling team in Sydney to manage and measure counterparty credit risk. Analyse exposures, ensure alignment with modelled calculations, and collaborate with Line 1 and Line 2 teams. Develop and maintain processes, tools, and documentation. Explain model outputs to stakeholders. **Key Responsibilities:** - Measure credit exposure and counterparty credit risk - Monitor model performance and analyse output - Collaborate with Line 1 and Line 2 teams to ensure alignment with modelled calculations **Required Skills and Experience:** - 2+ years in financial services, preferably investment banking - Proficient in R, Python, and C++ programming - Strong quantitative qualifications (Master's, PhD, or equivalent) - Knowledge of numerical methods, stochastic calculus, and regulatory requirements

Full Job Description

  • Jobs

  • Featured jobs

  • Back to search

Analyst, Counterparty Credit Modelling and Exposures

Additional office locations
Sydney
Job ID
22364
Date
15-Jun-2026
Permanent - Full time, Junior, Mid-level
Job category
Risk Management
Apply now
Share
  • Email
Join our cross-functional, Credit Modelling team in Sydney who are responsible for all aspects relating to the measurement and provisioning of credit exposure which include counterparty credit risk exposure measurement and methodology for Macquarie.
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. Youll be part of a friendly and supportive team where everyone - no matter what role - contributes ideas and drives outcomes.

What role will you play?

Press space or enter keys to toggle section visibility

As an Analyst in the Counterparty Credit Risk Modelling and Analytics team, you will initially be involved in exposure management, ensuring that trading activity is within Credit appetite and aligned to our modelled exposure calculations. You will support Line 1 (i.e. Front Office) as well as Line 2 (Risk Management Group) queries relating to counterparty credit risk for a range of products (FX, commodities, Interest Rate, Futures etc). In time, there will be opportunity to learn to make improvements to existing counterparty credit risk processes and in developing new models methodologies and tools to ensure compliance with internal and regulatory requirements. This role provides an opportunity to get exposure to calibrating risk factor evolution model parameters for newly traded assets. You will maintain and develop processes and tools designed to monitor model performance, analyse model output and prepare reports for stakeholders, and reduce the use of legacy non-simulation-based models. In addition, you will ensure comprehensive and current documentation exists across all counterparty credit risk processes and systems.

What you offer

Press space or enter keys to toggle section visibility

  • Strong academic qualifications in a quantitative subject (e.g., Actuarial Studies, Financial Mathematics, Masters, or PhD)
  • 2+ years of experience in financial services, preferably in investment banking or trading systems support
  • Experience developing/validating CCR models and understanding CCR and the economic, regulatory and market environments in which Banks operate
  • Knowledge of financial market products, market conventions and regulatory requirements, with some knowledge and understanding of physical commodity markets
  • Good knowledge of numerical methods, stochastic calculus, and probability theory with excellent programming skills (R, Python and C++ programming).

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

Press space or enter keys to toggle section visibility

At Macquarie, youre empowered to shape a career thats 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

Press space or enter keys to toggle section visibility

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 Macquaries 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

Press space or enter keys to toggle section visibility

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.