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**Associate Director - Model and AI Risk Audit - 23724** - **Lead** Audit team covering **model and AI risk**, including credit, market, and treasury risks using **AI-enabled tools**. - **Set strategy**, uplift audit capabilities, and develop enablers for success; keep team updated on industry insights. - **Provide independent risk opinions**, challenge senior stakeholders, prepare reports, and **influence risk management framework implementation**. - **Required skills**: - Proactive mindset leveraging **AI** and **data-driven** approaches. - Proven **leadership** and **audit** experience. - Strong understanding of **AI architectures**, **risk governance**, and **model performance monitoring**. - Familiarity with global **model risk regulations**. - **Permanent - Full time, Senior** role within **Risk Management**. - **Hybrid/flexible working** available.

Compensation: Not specified
City: Sydney
Country: Australia

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Associate Director - Model and AI Risk Audit

Additional office locations

Sydney

Job ID

23724

Date

19-Aug-2026

Permanent - Full time, Senior

Job category

Risk Management

Apply now

Our global Model, Data and AI Internal Audit team provides independent assurance on AI, model and data risks across Macquarie. Our team helps ensure model and AI solutions are supported by effective risk management, governance and control frameworks.

We are a global financial services group operating in 30 markets with 57 years of unbroken profitability. At Macquarie, youre 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?

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As an Associate Director within the Model Data and AI Risk audit team, you will lead the audit team covering Model and AI Risk, including credit risk, market risk, treasury, machine learning, Gen AI, and agentic AI models.

You will set strategic direction for the audit coverage for Model and AI risks, uplift the capabilities of the audit team, and develop the necessary enablers to allow the team to succeed. This includes keeping the team abreast of industry insights and bringing expertise together to provide comprehensive coverage of the relevant technology, operational, data and model risks associated with traditional and AI models.

You will support the team to form independent risk opinions, provide credible challenge to senior stakeholders across first and second lines of defence, prepare audit reports for senior management and the Board Audit Committee, and influence the implementation of Macquaries risk management framework across model and AI risk domains.

What you offer

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A proactive mindset toward innovation, with experience leveraging AI-enabled tools and solutions to improve the efficiency, quality and insightfulness of audit work, while applying appropriate judgement, governance and risk awareness
Proven leadership capability to support the model, data and AI risk audit team, including ability to provide guidance, training and set direction on risk-based model and AI risk audits.
Strong understanding of modern AI architectures, platforms, and governance controls across the end-to-end AI development and operation lifecycle, and the relevant risks associated with AI use.
Hands on model development and performance monitoring experience across various types of traditional and AI models, with the ability to assess and re-perform model testing such as back-testing, benchmarking, boundary testing, red-teaming, with the use of metrics to measure accuracy, recall, bias, and drift.
Familiarity with the global regulatory environment Macquarie operates within and relevant global model and AI risk regulations such as SS1/23, the EU AI Act, and other applicable model risk, data privacy and AI-related industry guidance.

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, 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 Internal Audit Division

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The Internal Audit Division provides independent and objective risk-based assurance on the effectiveness of Macquaries 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 Macquaries integrity and success.

Inclusion at Macquarie

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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.

Full Job Description

Jobs

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Associate Director - Model and AI Risk Audit

Additional office locations

Sydney

Job ID

23724

Date

19-Aug-2026

Permanent - Full time, Senior

Job category

Risk Management

Apply now