Strategic Portfolio Risk Manager

4 weeks ago


Melbourne, Victoria, Australia HESTA Super Fund Full time

Make a lasting impact on our members' financial futures

We are seeking an experienced Strategic Portfolio Risk Manager to join our portfolio construction and risk team.

About the role

This exciting opportunity will see you contribute to the multi-asset risk analysis, risk attribution, long-term and medium-term asset allocation process, strategy implementation, and strategy oversight. You will support the development and maintenance of a comprehensive long-term risk budgeting model and develop customised risk dashboards to convey qualitative and quantitative risk settings for each Investment Option.

You will conduct reviews of medium and long-term strategic asset allocations and establish asset class strategies. Key activities include portfolio scenario modelling, cash flow and liquidity modelling, and contributing to the development of capital market assumptions, notably volatility, correlation, and return distribution profiles. You will monitor portfolio positions and highlight potential changes, implementing asset allocation changes with operations teams.

Your skills and qualifications

  • Intermediate to advanced quantitative skills
  • Experience of Portfolio Construction approaches, Monte-Carlo simulation, and other risk modelling considerations (e.g. VaR, tracking error, risk factor analysis)
  • Understanding of interrelationships of different asset classes and sub-betas within and across the total portfolio
  • Technical skills such as intermediate to advanced knowledge of VBA, Python, R, or Matlab
  • Experience in quantitative analysis and interpretation of capital market data to provide investment insights and recommendations, gained in an investment bank, super fund, or fund manager
  • A collaborative working style and a demonstrated ability to work on a range of deliverables with strict deadlines and a range of stakeholders

Benefits that matter and make a difference for our employees

  • $120,000 - $160,000 per annum salary package
  • 15% superannuation guarantee
  • Up to 6 days paid annual leave at the end of year
  • 20 weeks paid parental leave
  • Cultural and ceremonial leave
  • Professional development opportunities, including up to $5,000 per year professional development allowance and up to 8 days professional development leave
  • Inclusive and flexible work environment, celebrating diversity and promoting employee wellbeing

About us

HESTA is a top-performing industry super fund dedicated to delivering strong long-term returns while accelerating our contribution to a more sustainable world. We celebrate, value, and include people of all backgrounds, genders, identities, cultures, and abilities.



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