Executive - Model Risk Management

Macquarie · Gurugram · India

If you have a keen interest in risk management across key financial models while working in a supportive and inclusive culture, join our Model Risk Management team. Our team is responsible for reviewing and approving Macquarie’s risk models across capital, credit provisioning and pricing. It provides assurance on the suitability of...

If you have a keen interest in risk management across key financial models while working in a supportive and inclusive culture, join our Model Risk Management team. Our team is responsible for reviewing and approving Macquarie’s risk models across capital, credit provisioning and pricing. It provides assurance on the suitability of Macquarie's internally developed models by conducting a range of model validations whilstensuring all models are integrated correctly in our trading and risk management systems.
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?

In this role, you will provide assurance on the integration of financial and mathematical models for derivative pricing, capital calculations, and credit provisioning in Macquarie systems. You will validate financial products and rates by independently recreating their calculations and create reports to highlight review findings for senior management, model review committees, auditors, and regulators. In addition, the teamhas global reach performing a range of model validations used to meet the local regulatory requirements of Macquarie’s entities around the world. You will work closely with the relevant stakeholders across the organisation to support various model risk management activities.

What you offer

• Master’s level study and at least one degree in a quantitative discipline; with relevant 3-6years of experience.• Good understanding of financial markets and mathematical techniques for pricing derivatives; • Experience in object-oriented programming on languages such as C++ and python; • Problem solving and analytical skills, great attention to detail, and strong verbal and written communication skills; and • Experience working on AI tools (GitHub CoPilot, Claude Code etc.), UNIX/Linux, shell scripting, git, R, SQL, and VBA are advantageous.  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 eligibility criteria, 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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