Financial Analyst

Location: Melbourne | CBD

Job type: Full time

Organisation: Department of Treasury and Finance

**Salary**: $103,920 - $125,735

Occupation: Finance

Reference: VG/DTF/COM/1679853

An exciting opportunity to join the Commercial division as a VPS4 Financial Analyst.

**About us**

The Department of Treasury and Finance provides economic, financial and resource management advice to help the Victorian Government deliver its policies. We strive for excellence in financial and economic management to improve the lives of all Victorians.

The Financial Assets and Liabilities (FAL) Group provides advice and reports on the State's financial assets and liabilities and associated financial risks. This includes the State's investments, debts, superannuation and insurance claims liabilities, and guarantees. The FAL Group is also responsible for the regulation of not-for-profit, non-government housing agencies, providing governance and prudential oversight of the State's Public Financial Corporations (PFCs), and coordinating the financial and budgetary reporting for the State's PFC sector.

This position is located within the Financial Policy Team whose responsibilities are focussed on providing oversight and policy advice to government on the management of the State's public sector superannuation and insurance liabilities, and related assets. The team is also responsible for overseeing the governance and prudential supervision of the State's PFCs.

**About the role**

The Financial Policy Team within the FAL Group is currently looking for a Financial Analyst (VPS5) on an ongoing basis. These responsibilities include but are not limited to:

- Research and provide policy and financial risk management advice in relation to the management of the insurance claims and other liabilities of the State's PFCs. This includes developing financial and risk assessment models to understand the key risks and assess the financial implications of proposed reforms and management initiatives.
- Review and assess the corporate plans, quarterly reports and annual results of the State's PFCs.
- Assist with the review and analysis of the financial information provided by the PFC sector for inclusion in the State's published financial reports.
- Provide input into the development of investment objectives by the State's PFCs and assist with the assessment of the associated Investment Risk Management Plans. This includes advice on the appropriateness of the risk/return trade-off and the financial implications this may have for the State.

**About you**

To be successful in this role, you will have:

- Strong financial modelling and quantitative analysis skills with a demonstrated ability to develop financial and risk assessment models and undertake scenario analysis.
- Developed understanding of liability management principles and related financial reporting practices and principles in the Australian environment.
- Ability to represent the Department and to build and maintain effective working relationships with a range of external and internal stakeholders.
- Well-developed communication and interpersonal skills, including communicating the output of financial models, writing briefs, reports and general correspondence.

**About our culture**

We aim to be a model employer providing an inclusive workplace that is understanding and respectful of differences such as gender, identity, race, disability or age. In addition, we are committed to supporting Aboriginal pathways between education and employment. The Department strives to create an environment that supports a flexible and adaptive workforce. All requests for flexible working arrangements will be considered in line with operational requirements.

**How to apply**

**Vaccination**

DTF is committed to providing and maintaining a working environment which is safe and without risk consistent with the DTF's obligations under the _Occupational Health and Safety Act 2004 _(OHS Act). DTF's COVID-19 Vaccination Policy requires all DTF employees to have an up-to-date vaccination status, or be medically exempted, as defined by the Australian Technical Advisory Group on Immunisation (ATAGI), in order to attend a DTF work site or work for the Department in the community. DTF may request proof of vaccination or exemption during the recruitment and selection process.