Data Scientist | Model & AI Risk

Macquarie · Sydney · Australia

Our Model Risk Management team provides independent oversight and challenge of model and AI risks are well managed across Macquarie globally. We assess whether models and AI systems are fit for purpose, appropriately controlled, and aligned to the firm’s risk appetite and to regulatory expectations. The team plays a critical role in...

Our Model Risk Management team provides independent oversight and challenge of model and AI risks are well managed across Macquarie globally. We assess whether models and AI systems are fit for purpose, appropriately controlled, and aligned to the firm’s risk appetite and to regulatory expectations. The team plays a critical role in enabling safe adoption of models and AI by providing robust validation, clear challenge and sound risk-based decisions. 
We have multiple openings and are open to considering candidates at varying levels of experience. 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.

What role will you play?

As a Data Scientist within Model Risk Management, you will independently review, challenge and validate artificial intelligence use cases across the firm. Your work will assess whether AI systems are fit‑for‑purpose, operate as intended and ensure that the risks introduced are understood, appropriately controlled, and remain within the Macquarie’s risk appetite.
You will design and execute proportionate validation approaches, assess data, methodology, assumptions, and outcomes, and clearly articulate findings to technical and non‑technical stakeholders. Your analysis and judgement will directly inform model approvals, usage decisions, and risk acceptance.
Working closely with, but independently from, model developers, product owners, and business stakeholders, you will provide constructive challenge that enables safe and sustainable AI adoption. You will also contribute to the evolution of AI validation practices, tooling and standards within the team, sharing knowledge and strengthening collective capability. 

What you offer

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

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:

About the Risk Management Group

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.

Inclusion at Macquarie

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.

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