Supporting an investment portfolio across both public and private assets, the team oversees InEvo's deployment into new investments; manages InEvo's risk, liquidity and ALM strategy; partners with teams across Macquarie to establish new investment capabilities; and works with InEvo to negotiate investment guidelines and support on the pricing of new reinsurance transactions.
We are a global financial services group operating in 30 markets with 57 years of unbroken profitability. At Macquarie, you're empowered to shape a career that is fulfilling and creates value. You will bring your insights and expertise to the task at hand and feel supported as you make your own kind of impact for a better future.
What role will you play?
Joining as an Associate, your role will focus on hedging and portfolio management of InEvo's liability block, new deals, liquidity, and its associated reporting.
You will manage the portfolio backing the current liability block, managing interest rate, FX and inflation exposure; construct hedges for private assets into the fixed cashflows of the liability currency and for new business; and rebalance the book for market moves. You will also originate trades, working with our Fixed Income team to optimise the current back book and explore new trade ideas.
In tandem with these responsibilities, you will run the balance sheet model and own regulatory reporting, responding to data requests from InEvo and taking ownership of the report, including introducing new metrics, automation and streamlining processes. You will also manage bank counterparty relationships, including setting up new lines with bank counterparties and managing day-to-day queries.
What you offer
- 2+ years' experience in ALM, LDI, insurance asset management, or transferable experience in sales, trading or structuring
- Knowledge of interest rate, cross-currency and inflation swaps, as well as risk measures such as duration, convexity and cashflows
- Proficiency with Excel. Experience with Python, VBA or Bloomberg is advantageous, as is exposure to insurance or reinsurance focused investment strategies, especially liability-driven investing, and portfolios subject to BMA or Solvency II type capital frameworks
- Progress towards a CFA, FRM or actuarial qualification and familiarity with ISDA/CSA documentation and collateral or margin processes would also be beneficial
- Highly analytical, organised, proactive, responsive, reliable and independent, with great communication and stakeholder management skills, attention to detail and sound judgement
What we offer
At Macquarie, you're empowered to shape a career that's rewarding in all the ways that matter most to you. Macquarie employees can access a wide range of benefits which, depending on eligibility criteria, include:
- 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 sacrificing 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
Macquarie Asset Management (MAM) is a leading global asset manager, trusted by institutions, individuals and communities to responsibly manage assets on their behalf. MAM provides clients with a diverse range of investment solutions that seek to deliver superior risk-adjusted returns.
Inclusion at Macquarie
We are committed to providing an inclusive environment for all, where different experiences, skills and perspectives are valued and respected. Macquarie provides access to opportunities for all individuals 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 provide reasonable adjustments to individuals who may need support during the recruitment process and employment. If you require an adjustment, please let us know during the application process.
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A career at Macquarie means you’ll have the opportunity to develop and utilise new skills, explore interesting fields and do challenging work that will impact the lives of people around the world—whether it’s accelerating the green energy transition, helping sustain global food supplies, financing social housing projects or investing in essential infrastructure. At Macquarie, we’re empowering people to innovate and invest for a better future.
Our size and international presence means your work can take you anywhere—across business groups, disciplines, sectors and borders. With employees and offices in 31 markets around the world, we’re a truly global organisation.
You’ll be supported by a diverse team where the unique perspectives, ideas and experiences that all of our people bring are valued. You’ll be empowered to address unmet needs in our communities whilst advising and investing alongside our clients and partners. Working with us, you’ll have the opportunity to make a difference.
Macquarie is a global financial group providing clients with asset management, retail and business banking, wealth management, leasing and asset financing, market access, commodity trading, renewables development, specialist advisory, capital raising and principal investment.
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