General Manager - Investment Risk at HESTA Super Fund

Melbourne, Victoria, Australia -

Full Time

Start Date

Immediate

Expiry Date

17 Jun, 26

Salary

0.0

Posted On

19 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Investment Risk Advisory, Risk Oversight, Risk Governance, Stress Testing, Liquidity Risk, Model Risk, Valuation Risk, Risk Frameworks, Stakeholder Influence, Regulatory Engagement, Manager Selection, Asset Allocation, Market Risk, Risk Reporting, Internalisation Oversight, Risk Maturity Uplift

Industry

Financial Services

Description

Careers with Impact More than one million Australians trust us with their money, and that trust shapes how we work every day. Our members sit at the centre of everything we do, guiding our decisions and the impact we strive to make. We’re looking for people who are purpose-driven and accountable, who value inclusion and collaboration, and who are proactive in managing risk to protect our members’ long-term outcomes. In return, you’ll be part of an organisation where your work contributes to strong returns, real-world impact, and a culture that reflects the communities our members serve. Bring your authentic and passionate self to this exceptional role Shape how investment risk is governed at a purpose-led super fund. #careerswithimpact Join HESTA as General Manager – Investment Risk and play a critical role at the centre of investment decision-making. Reporting to the Head of Risk and working in close partnership with the CRO, CIO and COO and their teams, you’ll provide independent second line risk advice and oversight, influencing decisions that protect and grow our members’ retirement outcomes. At a time of continued evolution and internalisation, this role offers the opportunity to strengthen frameworks, embed a strong risk culture, and shape how risk is understood and managed across a sophisticated investment portfolio. About the role Lead the second line investment risk advisory and oversight team, including identifying and assessing current and emerging risks across investment management and investment operations to senior executives and Board Committees. Strengthen investment risk governance in line with the Enterprise Risk Management Framework and aligned to SPS 530, SPS 220 and CPS 230, including stress testing, liquidity, model and valuation risk. Partner with Investment teams to challenge, advise and embed risk practices across investment functions, including manager selection, asset allocation and investment operations and market risk activities. Oversee investment risk measures and analytics, stress testing reporting and key service provider arrangements. Provide independent risk oversight of investment related programs, including internalisation initiatives and enhanced oversight of internally managed portfolios. Collaborate across the broader Risk, Compliance and Internal Audit to embed controls, support assurance and uplift risk maturity. Produce relevant investment risk reporting for a range of audiences, including Executive and Board Committees. You’ll bring Experience across both investment (1st line) and investment risk (2nd line) roles in complex environments. Deep expertise in investment risk frameworks and their practical application. Proven ability to influence, challenge and educate senior stakeholders. Strong track record engaging with regulators (APRA, ASIC, AUSTRAC) and governance forums. 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. For further information or a confidential discussion please contact Jamila Malkoun (Leader – Talent Acquisition) via a DM or email jmalkoun@hesta.com.au

Responsibilities

Lead the second line investment risk advisory and oversight team, identifying and assessing current and emerging risks across investment management and operations for senior executives and Board Committees. Strengthen investment risk governance aligned with regulatory standards, partnering with Investment teams to embed risk practices across functions like asset allocation and manager selection.