Job Overview & Organization Mission

Construct and manage bespoke multi-asset investment portfolios, alternative assets, and private debt allocations for High Net Worth families at Macquarie.

Macquarie Private Bank is hiring a Private Wealth Portfolio Adviser to join our elite wealth team at 80 Collins Street, Melbourne. You will manage discretionary and advisory investment mandates for entrepreneurs, family offices, and endowments, providing institutional-grade access to global equities, real estate debt, private equity, and structured yield solutions.

As a key member of the team at Macquarie Group in Melbourne, VIC, you will play a central role in driving excellence, upholding top-tier Australian industry standards, and contributing directly to the strategic milestones of one of the nation’s premier employers.

Key Duties & Core Responsibilities

In this critical role, your operational duties and key performance responsibilities will encompass:

• Construct and: Construct and manage tailored multi-asset investment portfolios aligned with clients’ long-term return goals.
• Conduct thorough: Conduct thorough market analysis across global equity markets, fixed income, alternative investments, and private capital.
• Deliver sophisticated: Deliver sophisticated family governance, intergenerational wealth transition, and philanthropic structuring advice.
• Originate new: Originate new High Net Worth client relationships through executive networks, commercial partners, and legal advisers.
• Ensure rigorous: Ensure rigorous compliance with ASIC regulations, client risk tolerances, and best interest duty obligations.

Required Qualifications, Licenses & Experience

To be successful in this position at Macquarie Group, candidates are expected to satisfy the following essential selection criteria:

• Mandatory Qualification: Degree in Finance, Commerce, Economics or Law + CFA / CFP qualification + FASEA certified.
• Relevant Experience: Minimum 5+ Years of verified industry experience in Australia or recognized overseas equivalence.
• 5+ years of private wealth advisory or portfolio management experience managing HNW ($5M+ liquid) clients.
• FASEA accredited and hold CFA, CFP, or Master of Applied Finance qualification.
• In-depth knowledge of capital markets, macroeconomic indicators, and alternative investment assets.
• Impeccable relationship-building skills, integrity, and consultative advisory presence.

Core Competencies & Key Technical Proficiencies

The successful applicant will possess demonstrated capabilities across the following domain skill sets:

Salary, Compensation & Employee Benefits

At Macquarie Group, we understand that our people drive our achievements. An outstanding remuneration and wellbeing package is provided in line with Australian benchmarks:

• Competitive Remuneration: AU$160,000 – AU$200,000 per year + standard Australian Superannuation (11.5%).
• Top compensation ($160,000 – $200,000) + Macquarie profit-share participation bonus.
• Prestige 80 Collins Street office with world-class private client suites and dining.
• Access to Macquarie’s global research engine and proprietary alternative asset deal flows.
• Leave Entitlements: 4 weeks annual leave (with 17.5% annual leave loading where applicable) plus 10 days paid personal/carer’s leave.
• Flexible Work: Progressive work-life balance options with supportive corporate culture and leadership development pathways.

About the Employer: Macquarie Group

Macquarie Private Bank delivers market-leading wealth advisory, discretionary portfolio management, and private banking to wealthy families and foundations.

Macquarie Group is deeply committed to building diverse, equitable, and culturally inclusive work environments. We proudly celebrate diversity and welcome applications from all qualified individuals including First Nations Australians, people with disabilities, and candidates from culturally and linguistically diverse backgrounds.

Application Process & Next Steps

Applications for this position are currently open and being reviewed on a rolling basis. Suitable candidates are encouraged to apply as early as possible before the published closing date.

Please prepare an updated Curriculum Vitae (CV) and a tailored Cover Letter highlighting your relevant experience against the key selection criteria outlined above.

To proceed with your application, click the Apply on Employer Site button to access the official Macquarie Group careers gateway.