Manager/AVP – Operational Risk at Macquarie Group
Macquarie Group · Gurugram, Haryana, India
- Salary: ₹25–₹40 LPA
- Experience: 0-2 years
📋 Job Details at a Glance 📍 Location Gurugram, Haryana, India 🏢 Company Macquarie Group 👥 Experience 0-2 years 🎓 Qualification Any Graduate 📅 Eligible Batch 2022, 2023, 2024, 2025 📄 Job Type Full Time 💰 Salary ₹25–₹40 LPA 🏢 Industry Banking & Finance 🛠 Key Skills Operational risk RCSA control reviews regulatory reporting audit coordination issue remediation management reporting OpenPages Manager/AVP – Operational Risk at Macquarie Group — Full Details & How to Apply Macquarie Group is seeking a Manager/AVP – Operational Risk in Gurugram, Haryana, India , where fresh graduates can earn between ₹25–₹40 LPA while gaining critical industry experience. This role offers a unique opportunity to dive into operational risk management, a field that is increasingly essential for safeguarding financial institutions. Operational risk management has become vital in the banking sector, especially as firms navigate evolving regulatory landscapes post-pandemic. The Manager/AVP – Operational Risk role at Macquarie Group is crucial for ensuring compliance with operational risk frameworks, making it a key position in the current financial climate. Macquarie Group , founded in 1969 , boasts over 16,000 employees globally, establishing itself as a significant player in the banking and finance industry. The company’s focus on innovation and excellence makes it an attractive employer for those looking to build a career in operational risk management. This role is ideal for 2022, 2023, 2024, 2025 graduates from Any Graduate background with 0-2 years experience . With a competitive salary of ₹25–₹40 LPA , this position is designed for fresh graduates eager to make their mark in the financial sector. In this role, you will gain hands-on experience with essential skills such as operational risk , RCSA , control reviews , regulatory reporting , and OpenPages . This exposure not only enhances your skill set but also opens doors to advanced career opportunities in risk management, a field that is rapidly growing in India. 📊 Role Difficulty: Medium | Competition Level: Medium | Fresher Friendly: Yes NexisGrow.com features this opportunity as part of its curated non-tech job listings. All details are sourced from the official job posting. Apply online before the opportunity closes. Job Role & Responsibilities The core mission of the Manager/AVP – Operational Risk role at Macquarie Group is to enhance operational resilience by identifying and mitigating risks through structured assessments and compliance initiatives. Conduct operational risk assessments using RCSA methodologies to pinpoint vulnerabilities within business units and enhance risk management strategies. Utilize OpenPages to manage and report on risk and control assessments, ensuring adherence to internal compliance standards. Collaborate with audit and compliance teams to coordinate audits, ensuring timely remediation of identified issues through effective communication. Analyze operational risk data to generate management reports that inform strategic decision-making and drive operational improvements. Take ownership of issue remediation processes, ensuring that corrective actions are implemented effectively and documented thoroughly. Prepare detailed documentation for regulatory reporting , ensuring accuracy and compliance with financial regulations and standards. Engage with stakeholders to resolve operational issues, providing insights and recommendations based on comprehensive risk assessments. This role fosters an ownership culture, allowing individuals to directly impact the organization's risk management framework and operational integrity. Required Skills & Technical Competencies The skill profile for this role emphasizes a strong foundation in operational risk management and familiarity with specific tools and methodologies. Technical Skills Operational risk management — entry — critical for identifying and mitigating risks that could impact business operations. RCSA (Risk Control Self-Assessment) — entry — essential for evaluating the effectiveness of controls and identifying areas for improvement. Regulatory reporting — entry — necessary for ensuring compliance with financial regulations, involving attention to detail and accuracy. OpenPages — entry — a specific tool used for risk management, requiring familiarity for effective data handling and reporting. Analytical skills — entry — evaluated through practical assessments during the interview process to gauge problem-solving abilities. When showcasing these technical skills in your resume or interview, emphasize your practical experience and familiarity with the specific tools mentioned. Eligibility Criteria This role is designed for recent graduates eager to enter the field of operational risk management and contribute to financial stability. Any graduate is eligible, as diverse educational backgrounds can provide unique perspectives in risk management. Batches from 2022 to 2025 are encouraged to apply, aligning with the company's focus on fresh talent. 0-2 years of experience is preferred, making this role ideal for recent graduates. A minimum academic performance of 60% is expected to ensure a strong foundational knowledge base. Relevant internships or projects in risk management or finance can enhance a candidate's profile for this role. Documentation & Portfolio Requirements Submit your resume in a clear format, including your educational background, relevant skills, and any internships or projects related to operational risk management. Pro tip: Highlight any hands-on experience with OpenPages or RCSA methodologies in your application to stand out. Salary for Manager/AVP – Operational Risk at Macquarie Group 💰 Compensation ₹25–₹40 LPA The advertised compensation for the Manager/AVP – Operational Risk role at Macquarie Group is ₹25–₹40 LPA . The exact in-hand figure and any additional components are confirmed by the company during the offer or HR discussion stage. Recommended Courses & Preparation Tips for Manager/AVP – Operational Risk Upskilling with the right resources significantly enhances your chances of selection for this specific role by demonstrating relevant knowledge and skills. Recommended Courses & Resources MS Office — Proficiency in MS Office is essential for effective reporting and data analysis in operational risk. Communication Skills — Strong communication skills are crucial for stakeholder engagement and reporting in this role. Boost your profile with relevant certifications at NexisGrow GetCertified — strengthen your application before you apply. Common Mistakes to Avoid ❌ Failing to tailor the resume — Ensure alignment with job requirements. ❌ Neglecting to research Macquarie Group — This can be crucial during interviews. ❌ Overlooking quantifiable achievements — Use metrics to demonstrate impact. ❌ Submitting a generic cover letter — Personalize it for the specific role and company. ❌ Not preparing for behavioral interview questions — Assess problem-solving and teamwork capabilities. ❌ Ignoring application deadlines — This can lead to disqualification. Before You Apply — Checklist ✅ Research Macquarie Group 's recent news and initiatives to tailor your application. ✅ Update your resume to include relevant skills and experiences related to operational risk. ✅ Prepare a cover letter that specifically addresses why you are a good fit for this role. ✅ Gather any necessary documents, such as transcripts or certificates, to support your application. ✅ Ensure your LinkedIn profile is up-to-date and reflects your application materials. ✅ Practice common interview questions related to operational risk and behavioral scenarios. ✅ Set reminders for application deadlines to ensure timely submission. ✅ Follow up on your application status through the provided channels. Resume Tailoring & ATS Keywords for Manager/AVP – Operational Risk Optimizing your resume for ATS is crucial for ensuring your application is noticed for this role. ATS Keywords to Include Operational risk RCSA Control reviews Regulatory reporting Audit coordination Issue remediation Management reporting OpenPages Risk assessment Compliance Data analysis Stakeholder engagement Resume Tips for This Role Highlight any relevant coursework or projects related to operational risk management to demonstrate foundational knowledge. Emphasize teamwork and collaboration experiences, especially in academic or internship settings, to align with the company's culture. Include specific projects or internships that showcase your analytical skills and familiarity with risk management tools. Optimize your resume for ATS by including keywords from the job description, particularly those related to required skills. Avoid including unrelated work experience or generic statements that do not pertain to the role. Build an ATS-optimized resume for this role using NexisGrow Resume Builder — free for all job seekers. Pro tip: Avoid including unrelated work experience that does not pertain to operational risk management. How to Apply for Manager/AVP – Operational Risk at Macquarie Group Apply Now — Macquarie Group Visit the Macquarie Group careers page and locate the Manager/AVP – Operational Risk job listing. Prepare your resume, ensuring it aligns with the job description and highlights relevant skills. Fill out the application form carefully, providing accurate information and details. After submission, you can expect an email confirmation regarding your application status. Use the application portal to track your application progress and any updates. Applications reviewed on a rolling basis — early submission recommended. Apply Now — Macquarie Group NexisGrow.com does not charge any fees for job applications. Macquarie Group Macquarie Group was founded in 1969 and has since expanded its operations to over 30 countries , with its headquarters located in Sydney, Australia . The firm employs over 15,000 professionals globally, showcasing a robust presence in the financial services sector. Its strategic growth has positioned Macquarie as a key player in the banking and finance industry. The company offers a diverse range of services, including asset management , investment banking , and risk management solutions . Notably, Macquarie's proprietary platform, OpenPages , is utilized for operational risk management, enhancing its service delivery. This comprehensive suite of offerings allows Macquarie to cater to a wide array of client needs effectively. Macquarie Group has been recognized for its inclusive culture, achieving a rating of 4.1 on Glassdoor . The company actively promotes employee engagement through various programs, including mentorship and professional development initiatives. Such accolades reflect Macquarie's commitment to fostering a supportive work environment that values diversity and inclusion. Recently, Macquarie Group announced plans to expand its technology-driven services , emphasizing its focus on innovation within the financial sector. This includes significant investments in digital platforms and enhancements to its regulatory reporting capabilities. Such initiatives underscore Macquarie's dedication to staying at the forefront of industry advancements. For freshers looking to launch their careers in Banking & Finance, Macquarie Group offers a unique platform for growth. The company is known for nurturing talent and promoting internal mobility, providing new employees with opportunities to develop their skills in a globally recognized firm. This supportive environment is ideal for those eager to build a successful career in the financial services industry. Company Details Industry Banking & Finance Location Gurugram, Haryana, India Connect With Us Careers Apply Now Website 🔗 recruitment.macquarie.com Frequently Asked Questions Interview · Role · Salary · Growth ? Who can apply for Manager/AVP – Operational Risk at Macquarie Group? Eligibility Tap to expand + Answer Candidates with Any Graduate and 0-2 years experience are eligible. Eligible batches: 2022, 2023, 2024, 2025. ? What skills are most important for this role? Skills Tap to expand + Answer Key skills: Operational risk, RCSA, control reviews, regulatory reporting, audit coordination. Strong fundamentals and practical project experience matter most. ? What is the salary for this position? Salary Tap to expand + Answer Compensation: ₹25–₹40 LPA. Final offer depends on skills, experience, and interview performance. ? What is the interview process at Macquarie Group? Interview Tap to expand + Answer Typically: Resume shortlisting → Online test → Technical interview(s) → HR round. ? Is this role remote, hybrid, or onsite? Work Mode Tap to expand + Answer Work mode varies by team. Confirm with HR during recruitment. ? What is the career growth path from this role? Growth Tap to expand + Answer Structured appraisals every 6–12 months. Senior roles accessible within 12–18 months based on performance. ? How do I apply? Application Tap to expand + Answer Apply via the official link in How to Apply section. Highlight: Operational risk, RCSA, control reviews, regulatory reporting, audit coordination. ? Is there a probation period? Probation Tap to expand + Answer Standard 3–6 months probation. Confirmation follows successful completion. ? How to prepare for the Manager/AVP – Operational Risk interview? Preparation Tap to expand + Answer (1) Core concepts of Operational risk, RCSA, control reviews, regulatory reporting, audit coordination, (2) 2–3 project walkthroughs, (3) Problem-solving, (4) Macquarie Group research, (5) Clear communication. ? What is the work culture like at Macquarie Group? Culture Tap to expand + Answer Research on LinkedIn and Glassdoor for authentic employee reviews. 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