Macquarie Group

Analyst, Personal Banking Third-Party Distribution Risk

In short

This role involves overseeing third-party advisers and AFSLs distributing Personal Banking deposit products, through onboarding due diligence, monitoring, investigations and risk-based reviews. The company is Macquarie Group, a global financial services firm, and the role sits within its Banking and Financial Services division working across Sales, Distribution, Product, Risk and Legal teams. It requires 2-4+ years' experience in risk, compliance, assurance, financial crime or operational risk within banking or financial services, strong attention to detail and communication skills, and is based in Sydney with hybrid working arrangements.

# Analyst, Personal Banking Third-Party Distribution Risk
Join our team who are reshaping how Macquarie governs the distribution of Personal Banking deposit products through third-party advisers. You'll help drive industry-leading oversight by monitoring adviser activity, investigating potential risks and supporting governance outcomes that strengthen customer and business results.
We are a global financial services group operating in 30 markets with 57 years of unbroken profitability.
What role will you play?
In this role, you will support the oversight of AFSLs, advisers and trading platforms through onboarding due diligence, data-driven monitoring, investigations and assurance activities. You will identify and assess potential risks, investigate concerns, execute risk-based reviews and help drive appropriate remediation and consequence management outcomes. Working closely with AFSL holders, advisers and internal stakeholders across Sales, Distribution, Product, Risk and Legal, you will help reinforce Macquarie's expectations, gather market intelligence and contribute to the ongoing enhancement of third-party distributor risk management. Through your work, you will play a key role in promoting strong governance, managing risk and supporting better outcomes for customers and the business.
What you offer
•2-4+ years' experience in risk, compliance, assurance, financial crime or operational risk within banking or financial services, including consulting
•A track record of problem solving and proposing practical, innovative solutions
•Foundational knowledge of key financial services regulation and legislation; desire to build depth in adviser and AFSL obligations
•High level of attention to detail and strong communication skills, with the ability to tailor written and verbal messages to diverse audiences
•Highly accountable with discipline to identify priorities and work to deadlines
•Exposure to investigations, onboarding due diligence, AML, fraud, or complaints handling is highly regarded
•Advantageous but not essential – prior exposure to risk management in financial advice or third-party distribution
What we offer
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
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 that's buying a home, growing a business or investing to manage wealth.

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