In his new role, he will head Macquarie Private Bank's Australian operations, leading its team of private bankers based in Sydney and Melbourne.
"Jay's extensive experience working in leading global banking organisations will bring significant additional expertise into our business to help shape and grow Macquarie Private Bank into the future. We are delighted to have Jay joining the business," Macquarie Private Wealth head Eric Schimpf said.
Commenting on his new job, O'Neil said he was looking forward to joining Macquarie.
"The reputation and comprehensive service offering provided by Macquarie Private Bank, along with the expertise of its private bankers and their focus on client support, were all instrumental in my decision to join the business," he said.
"Being able to work with the team to shape the next phase of growth for Macquarie Private Bank made this opportunity very appealing."
O'Neil will relocate to Sydney with his family and will commence his new role in the next few months.
Prior to his time with Merrill Lynch, he spent three years with Credit Suisse as a director and regional branch manager for private banking. «
