About Macquarie AirFinance
A global aviation lessor providing aircraft and capital to the world’s airlines.
As a leading global aircraft lessor, we succeed through the quality of our team. We seek to build and maintain a culture of high performance by treating our employees with dignity and respect within a collaborative and inclusive environment. We provide competitive pay and benefits, learning and development opportunities, flexible working options, and alignment of company goals and values.
The Risk Manager reports to the Chief Risk Officer.
SUMMARY OF JOB DESCRIPTION |
MAF has over 240 aircraft leased to over 90 airline customers in over 40 countries spread across the Americas, EMEA and Asia-Pacific regions. Monitoring airline counterparty credit and compliance risk is an essential function in the business and is critical for good business decision-making.
The primary responsibilities of the Risk Manager are to help the company manage credit, concentration and compliance risk through analysis, reporting, and project management of specific company processes.
Risk Management:
- Perform selected annual credit reviews of airlines worldwide to ensure MAF credit ratings for its airline counterparties are up to date. Such review to include evaluation of the ownership, management, business operations, and, most crucially, the financial status of the airline.
- Manage the Annual Credit Review Process to coordinate allocation of annual reviews to Risk Team and track completion.
- Monitor airline and country concentration risk for the MAF portfolio through the maintenance and use of MAF’s proprietary Risk Concentration Model. MAF carefully manages the levels of exposure it has to counterparties and jurisdictions.
- Manage the Know Your Customer (KYC) Onboarding process for new MAF clients (airlines and trading counterparties) using best in class third party screening tools, liaising with the Risk and Trading Teams to obtain data or clarifications from clients. Onboarding ensures that new counterparties are not sanctioned, in breach of any relevant laws, or otherwise subject to material adverse media that could potentially lead to reputational damage to MAF and its shareholders.
- Manage the Flight Monitoring Process to ensure that MAF portfolio aircraft are not in breach of any sanctions through flights to comprehensively sanctioned jurisdictions.
- Perform ad hoc industry or country analysis in light of industry or country events (e.g. epidemic, oil price/FX shocks).
QUALIFICATIONS AND REQUIREMENTS |
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Additionally, a certain amount of discretion and independent judgment is expected. The requirements listed below are representative of the education, experience, knowledge, skills and abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education & Experience: Bachelor’s degree or equivalent; 3 – 5 years’ experience and/or training; or equivalent combination of education and experience. Aviation industry experience is viewed favorably.
Knowledge, Skills & Abilities:
- Requires numeracy, analysis, and computer literacy (including Ms Excel) skill sets
- Accountancy knowledge is required
- Must have sound writing and presentation skills
- Ability to manage projects, priorities, and workflow often within tight deadlines
- Strong organizational, problem-solving, and analytical skills
- High attention to detail
- Excellent interpersonal skills and a good collaborative team player
- Good judgment with the ability to make timely and sound decisions
- Commitment to excellence and high standards
- Versatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm
Benefits
- Medical Benefits (VHI)
- Dental Insurance (VHI)
- Employee Assistance Programs
- Life Insurance
- DC Scheme
- Paid Leave - 10 Public Holidays and 2 Additional Holidays Per Year
- 25 Days Annual Leave earned per year
- 20 Sick Days earned per year
Miscellaneous
- Discretionary bonus
- Hybrid work option
- Business casual dress code
Physical Demands: The physical demands described here are representative of the requirements that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to use hands to handle or feel objects, tools or controls; use a computer keyboard and mouse; reach with hands and arms; talk and listen. The employee is frequently required to walk and sit, as well as to lift and carry objects weighing up to 10 pounds. The employee is occasionally required to stand, stoop or kneel. Specific vision abilities required by this position include close vision and the ability to adjust focus.
Work Environment: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job, including moderate noise level, an indoor temperate environment, and light levels that are bright and conducive to minimal eye strain, typical for an office environment.
SCOPE OF JOB DESCRIPTION AND MODIFICATIONS |
This job description intends to describe the general nature of the job and does not represent that all such duties will be performed by individuals who hold the job. This job description does not limit the tasks that an employee may reasonably be requested to perform and in no way alters the company’s employment policy. Changes to this job description may be made at the discretion of the company. Any substantive revisions to this job description require the approval of the Vice President of Human Resources.