Country Risk Associate

Macquarie Group
London, United Kingdom
05 Oct 2022
27 Oct 2022
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
Macquarie's Country Risk team is looking to add an additional member in our London office. The role is for a new or recent graduate with a demonstrable interest and knowledge of the kind of economic and political risks facing a global financial institution like Macquarie.

Country Risk is part of Macquarie's Credit Risk function within the Risk Management Group. The Country Risk team is responsible for assessing, approving, and monitoring country risk undertaken by Macquarie. It is a global team, with members across Macquarie's offices in Australia, Singapore, the US, and UK. With counterparties on every continent, country risk is a crucial component of Macquarie's broader framework for managing risk generated whenever we become exposed to economic, political, and regulatory developments of another jurisdiction.

Your responsibilities will be wide-ranging but with a focus on supporting the assessment and reporting of our risk in EMEA, including contributing to our universe of country and sovereign ratings and conducting credit reviews of sovereign counterparties. You will be provided with a rare opportunity to learn first-hand how a global financial institution reacts to an ever changing political and economic landscape, offering valuable exposure to senior decision-makers within the company.

Key responsibilities:
  • Assessing sovereign and country risk by analysing economic variables and government fiscal and monetary policies, as well as the strength of a country's legal and business environment
  • Lead the coordination of country risk reporting, working across the Country Risk team and its colleagues in centralised data functions to produce reliable and high-quality insight into our exposures in each jurisdiction for a wide range of stakeholders
  • Produce research on global economic trends and formulate recommendations for Macquarie's business decisions in relevant sectors and jurisdictions
  • Model countries' risk ratings based on economic and other variables to determine the risk appetite for each country
  • Understanding of business environment pressures for each jurisdiction in which Macquarie operates
  • Writing and presenting country reviews and economic analysis, including to members of senior management
  • Working in tandem with other sectors within Macquarie's Risk Management Group

Required experience:
  • Undergraduate degree in economics, politics, or international relations or equivalent work experience relevant to these fields
  • Familiarity with key economic and political risks facing the world today and EMEA in particular
  • Numerical and analytical competency
  • Comfort managing large and complex datasets
  • Experience using Microsoft Excel is necessary
  • Strong written and verbal communication, interpersonal skills [M(1] , and attention to detail
  • Pro-active, flexible team player

Favoured experience:
  • Familiarity with methods of data visualisation (e.g. Power BI)
  • Work experience in a financial institution, relevant research house
  • Post-graduate degree in a relevant field

If this sounds like you then we would love to hear from you, please apply via the link below.

For more information, visit

Risk Management Group is an independent group responsible for objective review and challenge, oversight, monitoring, and reporting in relation to Macquarie's material risks. Material risks are those that could have a material impact, financial or non-financial on Macquarie - e.g. aggregate, conduct, credit, financial crime, and market risks.

Macquarie understands the importance of diversity and inclusion - our long history of success has come from being different. At Macquarie we value the innovation and creativity that diversity of thought brings. The one thing we all have in common is our focus on high performance. If you're capable, motivated and can deliver, we want you on our team.

We facilitate a range of flexible working arrangements within our teams. Talk to us about what flexibility may be available.
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