Manager, Overlays at Future Fund Australia

Melbourne, Victoria, Australia -

Full Time

Start Date

Immediate

Expiry Date

06 Jul, 26

Salary

0.0

Posted On

07 Apr, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Derivatives, Portfolio management, Risk management, Asset allocation, Hedging, Financial modeling, Trade execution, Market structure, Instrument pricing, Stakeholder management, Data integrity, Portfolio design, Investment strategy, Financial reporting, Transaction lifecycle management

Industry

Financial Services

Description

About Future Fund At the Future Fund, we’re for future minds – like yours. The new investors and creators who thrive on different thinking and doing it together. Those who glimpse opportunity before it strikes and step up every day to grab it. The Future Fund is Australia's Sovereign Wealth Fund, managing over $310 billion across seven public asset funds with the same purpose: growing Australia’s future. We are a global investor and work closely with world leading investment organisations to access the best investment ideas. Where others see challenges, we see more interesting investment experiences. Every person, every skillset, every mindset is an asset. We’ve got every future generation to consider, yet our approach to investing is incredibly pure: we think about it deeply, and daily. Ours is a culture where great people grow the future together, with the rare ability to work collaboratively, think freely, and make a real difference. Are you Futureminded? Let’s create what’s next. The Opportunity The Manager, Overlays role is an exciting opportunity to help design, implement and manage a whole of portfolio derivatives overlay program at Australia’s Sovereign Wealth Fund. You’ll help shape how we use derivatives to complete portfolio exposures, manage hedging activities and enhance risk adjusted return outcomes. Working within the Overlays team which is part of Portfolio Design, you’ll drive overlay implementation strategy and day to day portfolio management, partnering closely with internal stakeholders and directing execution through our external overlay managers. Key Responsibilities Act as a derivatives SME for the overlays team and broader organisation — communicating overlay structure, objectives and performance clearly, and providing implementation advice on derivative market access Own the full lifecycle of overlay derivative transactions — from idea formation through manager instruction, operational coordination, monitoring and reporting, and continuous uplift of transaction processes and controls Direct and oversee external manager execution quality, ensuring strong trade integrity and best execution discipline across our execution agents Translate whole of portfolio objectives and risk biases into efficient overlay strategies, spanning multiple asset classes and both linear and non linear instruments Contribute to portfolio modelling, reporting and technology uplift, including improving the quality of information used for decision making and risk management through a whole portfolio monitoring approach About You Demonstrated experience across front office trading, portfolio management and risk management of derivatives, ideally spanning multiple asset classes and both linear and non linear products (e.g. options) Strong understanding of market structure, instrument pricing and counterparties, and confidence directing transactions through external execution managers Ability to lead idea generation and make considered portfolio recommendations, often without perfect information — supported by strong judgement and a whole portfolio perspective Experience with derivative pricing / portfolio risk systems, and a track record of improving or innovating systems and reporting (or assessing off the shelf tools) Exceptional attention to detail and precision — maintaining high standards in transaction processing, documentation and data integrity across the full trade lifecycle Clear, influential communicator who can explain complex overlay concepts to diverse stakeholders and build alignment around strategy changes Please note that the opportunity is open to Australian citizens only. We Are For Everyone At Future Fund, we are better for our differences. Every person, every skillset, every mindset is an asset. We want everyone to feel comfortable bringing their authentic selves to work. Which is why we’re looking for future minds like yours. Your past experiences help us expand our collective knowledge, add value and create something better. When doing your job means Australia has more money to invest in renewables, education, healthcare and medical breakthroughs – there’s a tangible impact to what we do. And we want you to be part of it. Are you Futureminded? Learn more about us at our LinkedIn Life page. The Future Fund acknowledges the Traditional Custodians of the lands and waters on which we live and work. We pay respect to Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples as we work to create meaningful change for reconciliation. Job Posting End Date 21/04/2026 At Future Fund, we’re for future minds. Those who glimpse opportunity before it strikes and step up every day to grab it. The new investors, who thrive on different thinking and doing it together. We’re growing Australia’s future. Every person, every skillset, every mindset is an asset. No two future minds think the same, yet we all start each day on the same page. Ours is a culture where great people grow the future together, with the rare ability to work collaboratively, think freely, and make a real difference. To learn more about our recruitment process and our organisation visit our LinkedIn page or the Careers page of our website.

Responsibilities

The Manager, Overlays will design and manage a whole-of-portfolio derivatives overlay program to enhance risk-adjusted returns. This role involves directing external execution managers, overseeing transaction lifecycles, and providing expert implementation advice across various asset classes.