Macquarie Group
Senior Manager - Operational Risk, Commodities and Global Markets

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Shape how risk is understood and managed across global commodities activities
Join a collaborative team that plays a critical role in strengthening risk practices and culture, offering exposure to complex, end to end operations and the opportunity to influence meaningful change.
About Us
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.
The Role
What role will you play?
As part of the Risk Management Group’s Operational Risk team, reporting to the EMEA Lead of Operational Risk for Commodities and Global Markets, you provide independent oversight of operational risk with a focus on physical commodities activities across trading, logistics, storage and delivery. You engage closely with first-line teams and act as a trusted partner and challenger, shaping robust risk management practices while representing Operational Risk in governance forums. By assessing risks and control environments across the commodities lifecycle, you influence transparency, strengthen reporting and drive improvements in control design and risk culture. You contribute to the evaluation of new business initiatives and transactions, ensuring operational risks are thoughtfully considered, and you collaborate widely across front office, logistics, legal and credit teams to enhance visibility and resilience across complex, global operations.
What You Offer
- Experience in commodities trading, financing or physical commodities, including exposure to logistics, storage, transportation or delivery
- Strong understanding of operational risks within physical commodity flows, such as inventory integrity, custody risk, logistics disruption and third-party dependencies
- Background in operational risk, internal audit or a related discipline within a complex, international environment, with the ability to assess and challenge control frameworks
- Excellent stakeholder management and communication skills, with the confidence to influence senior audiences and clearly articulate complex risk topics
- A commercial, forward-looking mindset with the ability to identify emerging risks and provide pragmatic, risk-based recommendations
Reasons to use Rodeo
I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?
Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.
Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.
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Graduate Consultant — 2026 Scheme
Why you're a good match
StrongYour economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.
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Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
What We Offer
Benefits
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:
- 1 wellbeing leave day per year and a minimum of 25 days of annual leave
- 26 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
- Paid fertility leave for those undergoing or supporting fertility treatment
- 2 days of paid volunteer leave and donation matching
- Access to a wide range of salary sacrificing options
- Benefits and initiatives to support your physical, mental and financial wellbeing including comprehensive medical and life insurance cover
- 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
- Access to company funded emergency and backup dependent care services
- Recognition and service awards
- Hybrid and flexible working arrangements, dependent on role
- Reimbursement for work from home equipment


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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.
Our Commitment to Diversity, Equity and Inclusion
We are committed to providing a working environment that embraces diversity, equity, and inclusion. We encourage people from all backgrounds to apply regardless of their identity, including age, disability, neurodiversity, gender (including gender identity or expression), sexual orientation, marriage or civil partnership, pregnancy, parental status, race (including ethnic or national origin), religion or belief, or socio-economic background. We welcome further discussions on how you can feel included and belong at Macquarie as you progress through our recruitment process.
Our aim is to provide reasonable adjustments to individuals as required during the recruitment process and in the course of employment. If you require additional assistance, please let us know during the application process.
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