VP, Operational Risk
Macquarie Group · New York, United States · 10d ago
SeniorOn-siteRisk & Compliance$161k – $217k
The Risk Management Group's Operational Risk team provides independent oversight of operational risk across Macquarie’s Commodities and Global Markets (CGM) business in the Americas, covering a variety of services, including capital and financing, risk management, market access, physical execution, and logistics solutions. It operates across commodities, financial markets, and asset finance. The team partners closely with front-office, operations, and risk stakeholders to strengthen control environments and support safe, sustainable business growth.
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.
This role is responsible for developing an independent, technically robust, and practical view of the operational risk profile across capital markets activities, with a focus on FX, futures, and financing flows. Leveraging front-to-back experience, you will challenge trade lifecycle processes and drive tangible improvements in control effectiveness. You will deliver commercially grounded insights, perform deep dives into high-risk areas, and support remediation efforts to enhance risk management outcomes.
While Macquarie offers hybrid working for many of our roles, this role does require 3 days a week in our office location.
Salary range for this position: $161,000 - $217,000/Year. Actual base salary may vary based upon, but not limited to, relevant experience, time in role, peer and market data, prior performance, business sector, and geographic location. You may also be eligible for an annual discretionary incentive compensation award. You can further read about the full spectrum of benefits we offer our people listed below.
- A minimum of 5 years of capital markets background with exposure to FX, futures, or listed derivatives
- Front-to-back understanding of trade lifecycle processes, including execution, clearing, settlement, and reconciliation
- Proven ability to assess control design and identify gaps across complex operational processes
- Experience analyzing incidents, issues, and data to identify trends and systemic control weaknesses
- Excellent communication and stakeholder management skills, with the ability to challenge constructively and influence outcomes
- 1 wellbeing leave day per year and a minimum of 25 days of annual leave
- 20 weeks’ paid parental leave for primary caregivers along with 12 days of paid transition leave upon return to work and 6 weeks’ paid leave for secondary caregivers
- 2 days of paid volunteer leave and donation matching
- Benefits and initiatives to support your physical, mental and financial wellbeing such as medical, prescription drug, dental, and vision insurance; health savings account and dependent day care savings account; life insurance, disability, and other insurance plans; 401(k) and short/long term disability
- Access to our Employee Assistance Program, a robust behavioural health network with counselling and coaching services
- Access to a wide range of learning and development opportunities, including reimbursement for professional membership or subscription
- Recognition and service awards
- Hybrid and flexible working arrangements, dependent on role
- Reimbursement for work from home equipment
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.
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 accommodation to individuals who may need support during the recruitment process and employment. If you require an accommodation, please let us know during the application process.