Associate Director – Model and AI Risk Audit
Active / Open Until Filled
Apply NowAssociate Director – Model and AI Risk Audit
Active / Open Until Filled
Apply NowJob role insights
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Date posted
August 19, 2026
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Closing date
Not Disclosed (Open Until Filled)
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Location
Sydney
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Salary
$95,000 - $160,000 /year
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Career level
Director / Executive
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Experience
2 – 4 Years
Description
Macquarie Group is currently accepting applications for the role of Associate Director – Model and AI Risk Audit, based out of their corporate offices in Sydney, Australia. This appointment offers an exceptional opportunity to join a globally recognized financial organization that combines entrepreneurial empowerment, disciplined risk governance, and a merit-based career trajectory.
The Risk Management Group provides an independent, objective oversight function that advises business units on managing credit, market, regulatory, and operational risks across global transactions. In this role, the successful candidate will work alongside seasoned industry professionals to optimize mission-critical processes, manage risk effectively, and deliver commercially impactful solutions across key markets.
Opportunity Overview & Quick Facts
Key Responsibilities & Operational Scope
- Lead and steer the audit team covering Model and AI Risk, including credit risk, market risk, treasury, machine learning, Gen AI, and agentic AI models.
- Execute and drive set strategic direction for the audit coverage for Model and AI risks, uplift the capabilities of the audit team, and develop the necessary enablers to allow the team to succeed.
- Coordinate and execute keeping the team abreast of industry insights and bringing expertise together to provide comprehensive coverage of the relevant technology, operational, data and model risks associated with traditional and AI models.
- Execute and drive support the team to form independent risk opinions, provide credible challenge to senior stakeholders across first and second lines of defence, prepare audit reports for senior management and the Board Audit Committee, and influence the implementation of the organization’s risk management framework across model and AI risk domains.
Candidate Profile & Required Qualifications
- A proactive mindset toward innovation, with experience leveraging AI-enabled tools and solutions to improve the efficiency, quality and insightfulness of audit work, while applying appropriate judgement, governance and risk awareness.
- Leadership capability to support the model, data and AI risk audit team, including ability to provide guidance, training and set direction on risk-based model and AI risk audits.
- Understanding of modern AI architectures, platforms, and governance controls across the end-to-end AI development and operation lifecycle, and the relevant risks associated with AI use.
- Hands on model development and performance monitoring experience across various types of traditional and AI models, with the ability to assess and re-perform model testing such as back-testing, benchmarking, boundary testing, red-teaming, with the use of metrics to measure accuracy, recall, bias, and drift.
- Familiarity with the global regulatory environment Macquarie operates within and relevant global model and AI risk regulations such as SS1/23, the EU AI Act, and other applicable model risk, data privacy and AI-related industry guidance.
What Macquarie Offers
- Market-Leading Rewards: Competitive base remuneration supplemented by performance-linked incentive programs.
- Flexible Work Frameworks: Modern hybrid working arrangements supporting professional productivity and personal balance.
- Professional Development: Clear internal mobility pathways, technical skill enhancement, and professional accreditation support.
- Comprehensive Wellbeing: Access to employee assistance programs, holistic healthcare coverage, and dedicated wellbeing initiatives.
- Global Network & Impact: Collaborative engagement with cross-border teams across the Americas, EMEA, and Asia-Pacific regions.
Core Competencies & Key Technical Focus
Apply Directly on Macquarie Careers Portal
This position is actively accepting candidate submissions. Access the official Macquarie Group recruitment platform to review comprehensive operational criteria and lodge your formal application.
