Senior Manager - Operational Risk, Commodities and Global Markets

Senior Manager - Operational Risk, Commodities and Global Markets

Full-Time 70000 - 90000 £ / year (est.) No working from home possible
Macquarie Bank Limited

At a Glance

  • Tasks: Shape risk management practices in global commodities and influence meaningful change.
  • Company: Join Macquarie, a leading global financial services group with a collaborative culture.
  • Benefits: Enjoy 25+ days of leave, paid parental leave, and wellness support.
  • Other info: Diverse and inclusive workplace with excellent career development opportunities.
  • Why this job: Make a real impact on operational risk in a dynamic, international environment.
  • Qualifications: Experience in commodities trading and strong stakeholder management skills required.

The predicted salary is between 70000 - 90000 £ per year.

Shape how risk is understood and managed across global commodities activities, with a particular focus on physical flows. 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.

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.

We love hearing from anyone inspired to build a better future with us, if you're excited about the role or working at Macquarie we encourage you to apply.

What we offer:

  • 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‑sacrifice 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.

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.

Senior Manager - Operational Risk, Commodities and Global Markets employer: Macquarie Bank Limited

Macquarie is an exceptional employer that fosters a collaborative and inclusive work culture, empowering employees to shape meaningful change in the global commodities sector. With a strong commitment to employee wellbeing, offering generous leave policies, professional development opportunities, and a supportive team environment, Macquarie ensures that every team member can thrive both personally and professionally. Join us in a role where your expertise will directly influence risk management practices across complex operations, all while enjoying the benefits of a flexible working arrangement and a diverse workplace.

Macquarie Bank Limited

Contact Details:

Macquarie Bank Limited Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Manager - Operational Risk, Commodities and Global Markets

Tip Number 1

Network like a pro! Reach out to people in the industry, especially those already at Macquarie. A friendly chat can give you insights and maybe even a referral. Remember, it’s all about who you know!

Tip Number 2

Prepare for those interviews by diving deep into operational risk topics. Brush up on your knowledge of physical commodities and logistics. The more you know, the more confident you'll feel when discussing complex issues.

Tip Number 3

Showcase your stakeholder management skills! Think of examples where you've influenced senior audiences or improved risk practices. This is your chance to shine and demonstrate how you can contribute to the team.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are genuinely excited about joining us at Macquarie.

We think you need these skills to ace Senior Manager - Operational Risk, Commodities and Global Markets

Operational Risk Management
Commodities Trading
Logistics Management
Stakeholder Management
Communication Skills
Risk Assessment
Control Framework Evaluation

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in commodities trading and operational risk. We want to see how your background aligns with the role, so don’t hold back on showcasing relevant skills!

Showcase Your Stakeholder Skills:Since this role involves a lot of communication with senior audiences, emphasise your stakeholder management abilities. Share examples of how you've influenced decisions or improved processes in previous roles – we love a good story!

Be Clear and Concise:When writing your application, keep it straightforward and to the point. Use clear language to articulate complex risk topics, as this will demonstrate your ability to communicate effectively – a key skill for this position.

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll find all the details about the role and our company culture there!

How to prepare for a job interview at Macquarie Bank Limited

Know Your Commodities

Make sure you brush up on your knowledge of commodities trading and the specific operational risks involved. Understand the physical flows, logistics, and any recent trends in the market. This will help you speak confidently about how you can contribute to risk management practices.

Showcase Your Stakeholder Skills

Prepare examples that highlight your experience in stakeholder management. Think about times when you've influenced senior audiences or collaborated with diverse teams. Being able to articulate these experiences will demonstrate your ability to engage effectively across various departments.

Be Ready to Challenge

The role requires a mindset that can assess and challenge control frameworks. Prepare to discuss how you've identified emerging risks in past roles and provided pragmatic recommendations. This shows that you’re not just a follower but a proactive thinker who can drive meaningful change.

Cultural Fit Matters

Macquarie values diversity and inclusion, so be prepared to discuss how you align with their culture. Share your thoughts on collaboration and how you’ve contributed to a positive team environment in previous positions. This will help you stand out as someone who fits well within their friendly and supportive team.