Investment Risk Specialist

**Careers with Impact**

More than one million Australians trust HESTA with their money. HESTA is a top-performing industry super fund working for real-world impact. We use our expertise and influence to deliver strong long-term returns while accelerating our contribution to a more sustainable world.

HESTA is also an inspiring and rewarding place to work. That’s because what we do makes a difference to the lives of our members. The people who work at HESTA are not only exceptional at what they do, they’re focused on living and creating a strong organisational culture. We’re an industry super fund dedicated to the people who keep our communities going. People who provide some of the best health, education and community services in the world are HESTA members - and we are proud to serve them.

**Bring your authentic and passionate self to this exceptional role #careerswithimpact**

Are you an experienced Investment Risk Specialist ready to pivot your career and make an incredible impact? Join our growing Investment Risk team going through an exciting growth phase as part of HESTA’s organisational transformation.

**What You’ll Do**:
As the Investment Risk Specialist, you will collaborate with the General Manager Investment Risk to monitor and oversee HESTA’s risk management and governance framework as it applies to the Investments and Investment Execution functions. You’ll also partner with the Investments and Investment Execution teams and contribute to the investments risk management capabilities. Key responsibilities include:
**Risk analysis and modelling**
- Monitor and evaluate investment risk metrics and models including value at risk (VaR), stress testing, risk adjusted performance, asset allocation and investigate underlying drivers of changes.
- Work with the Investments and Investment Execution teams to develop and implement risk and data analytics, tools and reports; understand key risks and adherence to HESTA’s risk management and governance frameworks.
- Model risk management.

**Investment Risk performance and continuous improvement**
- Identify potential areas of organisational vulnerability relating to investment risk and provide technical advice as required.
- Collaborate with various business teams to direct risk issues to appropriate channels for investigation and resolution.
- Understand, articulate and communicate HESTA’s investment risk management and governance processes to internal and external stakeholders.

**Reporting**
- Provide support into the preparation of risk reporting for various committees (including Investment; Risk; Finance, Audit & Compliance Committees).

**About You**:
You will have extensive experience in a similar role, ideally from financial services and/or consulting firms. Your breadth of experience spans across investment risk analysis, quantitative modelling, coupled with a demonstrated interest in investments and markets. Experience in model risk management, validation or development is desirable. You are highly analytical with curiosity, work ethic and effective communication, influencing and stakeholder relationship management skills.

Tertiary qualifications - a Bachelor’s degree and/or postgraduate degree (Master’s or PhD) in a quantitative discipline (e.g. engineering, actuarial science, finance/economics, mathematics, statistics, physics) is required; and professional certifications (e.g. CFA, FRM) will be advantageous.

**Benefits that matter and make a difference for our employees**
- **_Leave for those moments that matter_**, an additional 6 days of leave at the end of year, up to 6 days paid volunteer leave, gender neutral paid parental leave of 20 weeks, Gender Affirmation leave, reproductive health and wellbeing leave, Cultural and Ceremonial leave. Access your LSL after 3 years, take AL at half pay, and purchase up to 2 weeks additional leave (just to name a few).
- **_Your Professional development matters_**, up to $5k per year professional development and up to 8 days professional development leave, HESTA scholarships and free access to a range of premium learning tools.
- **_Your health and wellbeing matters_**, free annual flu shots and skin checks, incredible social events throughout the year and a comprehensive employee assistance program available 24/7.
- **_Your financial wellbeing matters_**, up to 15% super, financial planning support, end of year payment for all Enterprise Agreement-covered employees, incentivised Employee Referral Program and novated lease options.

Please note: Applications via recruitment agencies will not be accepted for this position.