Analyst or Senior Analyst - Investment Risk and Analytics

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

Join us as we take HESTA’s investment risk analytics capabilities to the next level — be part of this journey!

In this role you will support the development of investment risk and analytics reporting, helping to build out systems and new analytical reporting capability.

Finding the right person for this role is paramount so the role could be tailored for either an Analyst or Senior Analyst depending on experience and skill set. 

As part of the Investment Risk and Analytics team, you will validate the accuracy of various risk calculations, undertake independent risk reporting, risk attribution and provide a range of analytical initiatives for the investment team.  By conducting thorough portfolio risk analysis, including measuring risk exposures, assessing risk factors by utilising statistical and quantitative models, you will report and explain risk metrics such as volatility, VaR, scenario testing and sensitivity analysis. You will identify and communicate risk drivers and other insights into the decision-making process at the portfolio, asset class and investment option levels.

About you

To be successful in this role you will be an investment risk specialist with intermediate to advanced knowledge and experience of investment instruments and multi-asset class risk models. This includes a strong understanding of characteristics of complex investment instruments such as fixed income, structured products, private assets, futures, swaps, risk overlays, etc. You will have knowledge of superannuation and intermediate to advanced quantitative skills to understand, validate and explain portfolio risks and exposures, including Monte-Carlo simulation, VaR, volatility, tracking error, stress/historical scenario testing and factor analysis. Also, in depth understanding of both ex-ante and ex-post risk measures, including risk decomposition and back testing approaches. 

Expertise in portfolio management and risk systems (e.g., Simcorp Dimension, Bloomberg, FactSet, BarraOne, Axioma) is required. Essential technical skills include advanced proficiency in Python and SQL. Strong quantitative modelling skills, along with experience in dashboard tools (e.g., PowerBI, Tableau), cloud platforms (e.g., AWS, Azure) and collaboration tools (GitHub, Bitbucket), are desired. The role requires the ability to thrive in a fast-paced environment and collaborate effectively as a team player with excellent cross-team communication skills.

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.

We celebrate, value and include people of all backgrounds, genders, identities, cultures and abilities. We welcome and support applications from First Nations people, physically, neuro or culturally diverse, LGBTQI+, and people of any age. We are proud to be WGEA accredited as an Employer of Choice for Gender Equity. 

We want all candidates to feel safe, included and provided with the best opportunity to thrive, if you require reasonable adjustments during your application or throughout the recruitment process, please reach out to a member of the Talent team careers@hesta.com.au and we’ll call you to discuss. 

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