Investment Manager

**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**

As the Investment Manager - Portfolio Risk, you will be responsible for developing and maintaining high quality risk models and analytics to monitor, stress test and inform investment risk-taking.

Reporting to the General Manager - Portfolio Construction and Risk, you will work collaboratively across the Investment Management team to provide views on emerging macro or market opportunities and risks in the portfolios and make investment recommendations to improve portfolio performance.

Whilst role modelling and championing a strong risk culture, you will develop and maintain comprehensive the long-term risk budgeting model and develop customized risk dashboards, monitor changes to portfolio positioning and risk exposures and report investment risk outcomes (both ex-post and ex-ante) against target investment objectives. You will be responsible for developing HESTA’s whole of fund ex-ante core risk models including portfolio risk mapping, stress testing, scenario analysis and risk playbooks.

You will have the opportunity to work on projects and contribute to the strategic asset allocation process, asset class strategies, research volatility, provide views on tilts and partner with members of the investment team to drive continuous improvement and innovation in HESTA’s risk infrastructure to enable agile, risk aware decision making.

This role could be based in Melbourne or Sydney.

**About you**

As an experienced investment risk professional with a Total Portfolio Approach mindset, successful applicants will need to demonstrate:

- experience in statistical/econometric modelling
- a proven track record in people leadership
- demonstrated experience in identifying opportunities for process efficiencies
- experience in quantitative analysis and interpretation of capital market data
- knowledge investment compliance and risk management frameworks, especially as it relates to portfolio risks
- deep knowledge of portfolio construction approaches, monte-carlo simulation and other risk modelling considerations (e.g. Value at risk, tracking error, risk factor analysis)
- deep understanding of interrelationships of different asset classes and sub-betas within and across total portfolio

**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