Senior Manager, Investment Risk Governance

Posted 6 Days Ago
Be an Early Applicant
Melbourne, Victoria, AUS
In-Office
Senior level
Financial Services
The Role
Lead Line 2 investment risk governance and reporting across the Investments domain. Deliver consolidated, forward-looking risk insights, independent challenge, and Board-level reporting. Develop reporting frameworks, synthesize cross-asset risk information, identify emerging themes, and drive continuous improvement in data, processes and tools to support risk-informed decision making.
Summary Generated by Built In

At AustralianSuper, we truly care about our colleagues. We know work and life are intertwined. That’s why we support the diverse needs of everyone and have policies that enable us all to thrive and be truly flexible. We ensure diversity is celebrated for the opportunity it provides us all to learn and grow and deliver better outcomes for members. We are dedicated to building a high-performance environment underpinned by a strong risk culture, ensuring we deliver the best outcomes for our members.

Australia’s superannuation industry is facing a shifting landscape influenced by increased regulatory pressures, disruptive technologies, changing demographics and evolving member expectations. This role plays a critical leadership role in strengthening risk transparency, governance effectiveness and risk-informed decision making across the Fund’s Investments domain. 

Your New Role 

As Senior Manager, Investment Risk Governance, you will lead the Fund’s independent Line 2 Investment Risk governance capability. You will provide Executive Management and Board forums with a consolidated, forward-looking view of investment risks, risk appetite outcomes, emerging risks and key strategic threats across the Investments domain. 

You will be responsible for delivering high-quality risk insight, independent challenge and reporting excellence, supporting effective oversight and risk-informed decision making across AustralianSuper. 

Key duties include but not limited to; 

  • Lead the development and maintenance of the Fund’s independent Line 2 Investment Risk reporting framework, ensuring reporting supports effective oversight by Executive, Investment Committee, Risk & Compliance Committee and other governance forums.  

  • Establish and maintain reporting standards, methodologies, governance requirements and minimum expectations for Investment Risk reporting across the Investments domain. 

  • Lead the production of integrated Investment Risk reporting, including investment risk exposures, risk appetite measures, stress testing outcomes, emerging risks, thematic issues and material interdependencies. 

  • Lead the synthesis of risk information across asset classes, investment strategies, portfolios and risk disciplines to identify key risk themes, concentrations and potential vulnerabilities. 

  • Deliver independent risk insights, observations and recommendations to senior management and Board forums, supporting effective risk-informed decision making. 

  • Provide insights, observations and analysis to Line 2 colleagues to enable and inform their Roles and Responsibilities under the Fund’s Three Lines of Accountability.

  • Provide independent challenge of investment-related risk reporting produced by Line 1 and other Line 2 teams, assessing the quality, completeness, consistency and relevance of information presented.

  • Prepare Investment Risk reporting and governance materials for Executive Management, Board forums, regulators and other key stakeholders as required.  

  • Drive continuous improvement across investment risk reporting capabilities, including data quality, reporting processes, analytical tools, governance frameworks and supporting technology platforms. 

 

What You’ll Need 

  • Hold an accreditation in Risk Management from a recognised body like Risk Management Institute of Australasia (RMIA) or Governance Institute of Australia (GIA), certification such as the Financial Risk Manager Certification or Professional Risk Manager Certification, or be willing to obtain one after joining AustralianSuper. 

  • Demonstrated ability to understand and translate external regulatory requirements to shape business outcomes. 

  • Tertiary qualifications in Business, Commerce, Finance, or an industry-related field.

  • Post tertiary qualifications in financial services, superannuation or risk management. 

  • Significant experience in investment risk, market risk, portfolio risk, enterprise risk, investment governance or a related risk discipline within financial services, asset management, superannuation, sovereign wealth, banking or regulatory environments. 

  • Deep understanding of investment risk management practices, including investment governance frameworks, risk appetite frameworks, risk reporting, risk oversight and Board governance processes. 

  • Demonstrated experience developing and delivering executive and Board-level risk reporting, including the ability to translate complex risk information into clear, concise and decision-useful insights. 

  • Strong understanding of institutional investment markets, investment strategies, asset classes and portfolio construction principles. 

  • Demonstrated ability to synthesise information from multiple risk disciplines, asset classes and stakeholders to form independent risk views and identify emerging themes, trends and vulnerabilities. 

  • Experience leveraging specialist subject matter expertise to develop integrated risk assessments and enterprise-wide risk insights.

 

Life at AustralianSuper

AustralianSuper is committed to colleague development, and we support our people with ongoing learning, coaching and training, as well as career opportunities across our expanding global organisation. We offer generous leave entitlements and promote a blended working environment in which all roles can flex, and we’re happy to discuss what this looks like for you.

We cultivate a workplace that champions safety, respect, inclusiveness and diversity. We are committed to supporting our diverse workforce in a way that is inclusive and embraces diversity in all its forms. If you require any reasonable adjustments to the recruitment process or the role, please let our recruitment team know. 

 

What’s Next 

Apply now, if you share our values of Energy, Integrity, Generosity of Spirit and Excellent Outcomes and would like the opportunity to work in a challenging, growing and rapidly evolving team to deliver outstanding results. 

AustralianSuper uses AI to review resumes and conduct initial phone interviews. This involves processing your resume, cover letter, and voice recording in Australia and the USA to help assess your suitability for the applied role. When invited to an AI phone screening, you may opt for a traditional phone screening instead. For information on how we handle your personal data, please refer to our Candidate Privacy Policy.

https://www.australiansuper.com/careers/candidate-privacy-notice 

 

Australian or New Zealand citizenship or Australian permanent residency status is required. 

Agencies please note: this vacancy is being managed directly by AustralianSuper’s Talent Acquisition team. We will contact our preferred agency partners should we require additional support. Thank you.

Skills Required

  • Accreditation in Risk Management (e.g., RMIA, GIA) or certification such as FRM or PRM, or willingness to obtain after joining
  • Tertiary qualification in Business, Commerce, Finance, or related field
  • Post-tertiary qualifications in financial services, superannuation or risk management
  • Significant experience in investment risk, market risk, portfolio risk, enterprise risk, investment governance or related risk discipline within financial services, asset management, superannuation, sovereign wealth, banking or regulatory environments
  • Demonstrated ability to understand and translate external regulatory requirements to shape business outcomes
  • Deep understanding of investment risk management practices, including governance frameworks, risk appetite frameworks and Board governance processes
  • Experience developing and delivering executive and Board-level risk reporting with clear, decision-useful insights
  • Strong understanding of institutional investment markets, investment strategies, asset classes and portfolio construction principles
  • Ability to synthesise information across risk disciplines, asset classes and stakeholders to form independent risk views
  • Australian or New Zealand citizenship or Australian permanent residency
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The Company
HQ: Melbourne
1,588 Employees
Year Founded: 2006

What We Do

AustralianSuper is for everyday Australians and businesses; we help invest members’ money to create the best possible retirement outcomes for members. More than 3 million members and 440,000 businesses trust us to invest more than AU$270 billion on their behalf. One in 8 working Australians are a member of AustralianSuper, the nation’s largest superannuation fund. Our size has given us the ability to leverage significant investment opportunities for long term performance and low fees that are passed on to our members. With services and advice that simplify super for business including a free clearing house, secure online transactions, dedicated relationship managers, education and help. It’s easy to see why we’ve been a top performing fund. ----------------------------------------------------------------------------------------- AustralianSuper is not responsible for other user's comments. We reserve the right to delete any comments that are not in line with our community standards. By participating in the AustralianSuper’s LinkedIn community, you agree to adhere to our House Rules: ausup.me/HouseRules ______________________________________________________________________________________ Investment returns are not guaranteed. Past performance is not a reliable indicator of future returns. Reference to any awards and ratings are only one factor to be taken into account when choosing a super fund. The information posted by AustralianSuper may be general financial advice which doesn’t take into account your personal objectives, situation or needs. Before making a decision about AustralianSuper, you should think about your financial requirements and refer to the relevant Product Disclosure Statement, available at australiansuper.com/pds or by calling 1300 300 273. AustralianSuper Pty Ltd ABN 94 006 457 987, AFSL 233788, Trustee of AustralianSuper ABN 65 714 394 898.

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