Senior Analyst - Operational Due Diligence

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 Senior Analyst – Operational Due Diligence, you will lead and coordinate the assessment of fund managers and key service providers to ensure robust operational practices and effective risk controls are in place. Your insights will directly support investment decision-making and help maintain our high standards of governance and member protection.

In this role, you will take a hands-on approach to evaluating potential fund managers by assessing their overall control environment and providing comprehensive risk assessments to internal stakeholders. Key areas of focus include governance structures, trading and operational controls, valuations, IT systems and security, cybersecurity, business continuity and disaster recovery planning (BCP/DRP), and personnel.

You will also support the ongoing monitoring of existing managers through periodic updates, which may be conducted onsite, via consultants, or through detailed questionnaires. This includes identifying and investigating material developments or areas of concern. Additionally, you will analyse management attestations, assurance reports, and publicly available information, highlighting exceptions and ensuring appropriate follow-up. Some domestic and international travel may be required.

About you

With a passion for financial markets, you will have natural curiosity to investigate and an understanding of transactional lifecycles and governance structures of listed and unlisted assets. The role requires a strong understanding of operational processes and risks and knowledge of investment manager, broker and custodian operational and governance frameworks and leading practices.

Exposure to asset classes and instruments, including Equities, Fixed Income, Currency, Infrastructure, Property, Loans and Private Equity is highly desirable to succeed in this role. Exposure to asset management oversight and/or corporate restructuring would be a strong advantage. 

With experience in similar roles (operational risk, investment operations, compliance or audit) within a financial services or superannuation environment, you will be able to demonstrate understanding of investment asset classes, structures and processes. 

Benefits that matter and make a difference for our employees
o    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!).
o    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.
o    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