Investment Banking

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**Manager, Broker Commissions**: Lead broker commissions operation, ensure timely issue resolution and service level adherence. Drive process improvement, manage risks, and maintain accurate documentation. Requires 5+ years' experience, SQL proficiency, strong operational & analytical skills. Join Macquarie's Distribution Governance team for a rewarding career in risk management.

Compensation: Not specified
City: Sydney
Country: Australia

Full Job Description

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Manager, Broker Commissions

Additional office locations

Sydney

Job ID

24865

Date

03-Nov-2026

Permanent - Full time, Junior, Mid-level

Job category

Risk Management

Apply now

Join our Distribution Governance team and play a key role in supporting Macquarie's third-party distribution network. Our team is responsible for ensuring broker commissions are delivered accurately, efficiently and in line with regulatory and governance requirements, helping to maintain strong relationships with brokers and support the sustainable growth of Personal Banking. Working across business, product, risk and technology teams, our team drives operational excellence, strengthens controls, and delivers process and system improvements that enhance the experience for brokers, customers and internal stakeholders.

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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In this role, you will lead the day-to-day broker commissions operation, setting priorities, monitoring delivery and ensuring issues are resolved or escalated in a timely manner. You will oversee the end-to-end delivery of commission payments and reporting, ensuring service levels, quality standards and control requirements are consistently met. Leveraging operational and payment data, you will identify trends, address root causes, manage emerging risks and maintain strong oversight of compliance and control obligations.

You will also drive process improvement initiatives focused on simplification, automation and scalability, while partnering with business, product and technology stakeholders to support change initiatives across discovery, design, testing and implementation. In addition, you will maintain the commissions documentation framework, ensuring procedures, training materials and internal and external content remain accurate, up to date and aligned with business and regulatory requirements.

What you offer

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Degree qualified in a highly quantitative discipline (e.g. math, stats, finance, computing) with at least 5 years financial services operations experience and advanced proficiency in SQL, Excel, and databases
Strong operational delivery skills, with the ability to manage processes accurately, identify issues, and ensure effective controls.
Experience supporting process, system, or control improvements, including gathering requirements, testing, or implementation activities.
An analytical mindset and good problem-solving skills, with the ability to use data and insights to identify risks and drive improvements.
Strong communication and stakeholder management skills, with the ability to work effectively across teams.
Experience with broker commissions, lending products, or third-party distribution models is valued.

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 Banking and Financial Services

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Banking and Financial Services is our technology-driven retail bank. You will be part of a team that supports clients to achieve their full potential - whether thats buying a home, growing a business or investing to manage wealth.

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

Jobs
Featured jobs

Back to search

Manager, Broker Commissions

Additional office locations

Sydney

Job ID

24865

Date

03-Nov-2026

Permanent - Full time, Junior, Mid-level

Job category

Risk Management

Apply now