Associate - Credit & Margin Risk Manager - 12-month contract

Sydney
Wealth Management
Contract or Temporary

This position is within a leading global wealth management firm. The key function of this role is to assist managing, overseeing and developing the Credit & Margin Lending Frameworks for the firm, as well as identifying, escalating and managing Credit & Market Risks serving as the first line of defence for client portfolio exposures.

The ideal candidate will demonstrate strong technical acumen, sound judgment, and proven leadership capability, ensuring that risk standards are upheld across all aspects of client trading and lending activities. The role partners closely with Legal, Compliance, Operations, Technology, and the Business Control Unit to maintain robust risk controls and embed a strong risk management culture across the organisation.

The ideal profile will be someoone who has solid data skills (SQL, Python, MS BI Stack) as well as 1st line background and familiar with the Australia Wealth Management industry

Responsibilities:

• Conduct timely risk assessments and approvals for trades, pre-approval exceptions, and asset movements.
• Review and authorise trade corrections, interest adjustments, and write-offs in accordance with risk policies.
• Assess and approve unlisted or non-publicly traded securities
• Approve complex or exceptional client transactions within defined risk frameworks.
• Provide clear and timely guidance to financial advisers on trade approvals and exceptions.
• Monitor client credit and margin exposures across Wealth Management portfolios.
• Identify, escalate, and remediate margin calls, credit limit breaches, and emerging risks.
• Recommend actions to mitigate potential credit or market losses.
• Maintain and enhance Credit and Margin Lending Risk Frameworks.
• Oversee implementation of product suitability and governance frameworks to ensure compliance.
• Collaborate with Legal, Compliance, Operations, Credit, Investment Solutions, Change Management, and Technology teams.
• Strengthen supervisory controls and contribute to risk initiatives and strategic projects.
• Prepare and deliver detailed risk reporting to the Wealth Management Credit Risk Committee.
• Communicate key risk issues, portfolio exposures, and approval trends to senior management.
• Support ongoing improvements to governance and risk management processes.

Desired Qualifications/Experience

• 3+ years in Risk Management and / or Compliance within Financial Services.
• University degree with majoring in Business, Finance, IT, or related disciplines essential.
• Strong knowledge of Australian and International Financial Markets and products including knowledge of equities, listed and OTC derivatives, fixed income, managed/hedge funds and foreign exchange products.
• Deep understanding of credit risk and margin lending principles is essential, as this role oversees critical lending risk frameworks
• Experience within wealth management, banking highly desirable.
• Advanced MS Excel, MS Word, PowerPoint skills
• Data Analytics (Power BI, Python, etc.) skills desirable.

• High attention to detail and an analytical mindset.
• Strong project management and organisational skills.