Senior Associate – Model Risk Management
Active / Open Until Filled
Apply NowSenior Associate – Model Risk Management
Active / Open Until Filled
Apply NowJob role insights
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Date posted
September 11, 2026
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Closing date
Not Disclosed (Open Until Filled)
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Location
Gurugram
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Salary
₹1,500,000 - ₹3,500,000 /year
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Career level
Senior Level
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Experience
2 – 4 Years
Description
Macquarie Group is currently accepting applications for the role of Senior Associate – Model Risk Management, based out of their corporate offices in Gurugram, India. 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
- 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 the organization’s risk models across capital, credit provisioning and pricing.
- It provides assurance on the suitability of the firm's internally developed models by conducting a range of model validations whilst ensuring all models are integrated correctly in our trading and risk management systems.
Candidate Profile & Required Qualifications
- Master’s level study and at least one degree in a quantitative discipline with 2 years of relevant experience in pricing models.
- Comprehensive understanding of international financial market structures and trading dynamics and mathematical techniques for pricing derivatives;.
- Experience in object-oriente d programming on languages such as C++ and python;.
- Problem solving and analytical skills, great attention to detail, and strong verbal and written communication skill; and.
- Experience working on R, SQL, VBA, UNIX/Linux, shell scripting and git is advantageous.
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.