Challenger Limited is an ASX-listed investment management firm managing $131 billion in assets (as at 31 December 2024). Life with us is fast moving and always exciting. Together we’re driving to deliver our vision to provide our customers with financial security for a better retirement.
We achieve this goal by providing a work environment where people from diverse backgrounds, with a range of skills and experiences can contribute and succeed.
Join us as a Strategy & Transactions Manager, supporting our Funds Management Business
Are you looking for a dynamic, high-impact role that blends financial expertise with strategic execution?
This is your chance to work on M&A transactions, build business cases, and directly influence the future of our Funds Management business.
You won’t just support deals—you’ll own them. Your work will shape how our Funds Management business grows and adapts in a competitive market, giving you real influence and career growth.
What makes this role unique?
Beyond transaction execution: Own deals end-to-end — from initial valuation through to execution and integration, taking full accountability for outcomes
Exposure to leadership: Collaborate closely with senior executives and decision-makers, influencing critical financial and strategic initiatives
End-to-end involvement: Gain hands-on experience in all aspects of deal-making — from building models and analysing numbers to coordinating advisors, negotiating commercial terms, and delivering integration
About the role
You'll play a pivotal role in high-value M&A deals and strategic partnerships, working closely with senior leadership to shape key investment decisions.
From valuation to execution and integration, you'll own the work and take responsibility for seeing transactions through—not just advising from the sidelines. You’ll roll up your sleeves to develop robust business cases that align with our strategic direction and deliver commercial value.
What you’ll be doing
M&A & Strategic Investments – Lead financial due diligence, perform valuation analysis, and run market comparables to assess and shape potential investments.
Financial Modelling & Business Case Development – Build complex financial models to evaluate transactions, assess returns, and support strategic recommendations
Stakeholder Engagement – Partner with internal teams, Legal, and external advisors (investment banks, analysts) to drive deal execution, presenting insights and recommendations to senior stakeholders and committees
Transaction Execution – Support deal processes from assessment to completion, including negotiating term sheets, shareholder agreements, and commercial structures
Regulatory & Market Insights – Stay abreast of industry trends and regulatory changes, engaging with banking and investment communities to inform deal strategy and integration
The skills you'll need to succeed
This is a hands-on role in a small, high-impact team — ideal for a strategic do-er with sharp commercial instincts and the technical skills to match. You’re comfortable navigating ambiguity, executing at pace, and owning outcomes end-to-end. You’ll bring:
Experience in funds management, investment banking, corporate finance, or financial services, with a solid grasp of the investment landscape
Advanced financial modelling and valuation skills (DCFs, comps, full business case builds), confident in challenging assumptions and testing commercial logic
Proven track record managing transactions end-to-end — from due diligence and structuring to negotiating deal terms and navigating governance
Exceptional stakeholder management, with the confidence to build trust and influence across diverse groups
A recognised qualification (CA, CFA, CAIA or equivalent) and the drive to keep learning — comfortable owning detailed work and executing with precision, while ambitious about broader impact and growth
Additional Information
Working at Challenger means being part of a diverse, connected team that has fun and loves what they do. We’re small enough, but big enough to accelerate bold ideas, realising what’s possible for our customers and partners.
We support your growth and development, offering flexibility and a culture that values your unique contributions.
We provide access to a range of exclusive employee benefits that will support you both personally and professionally and a hybrid work environment including.
Discretionary bonus scheme.
Eighteen weeks paid leave for all new parents.
Flexibility on when, and how, parental leave is taken.
Challenger Day – one extra day off every year in recognition of the effort our people make.
Subsidised on-site cafe and fantastic central location a stone's throw from Martin Place Metro
Additional support leave (fertility treatment leave, gender affirmation leaves).
Extra superannuation contributions.
Employee share plan.
Visit our benefits page for more information
https://www.challenger.com.au/about-us/careers/our-benefits
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Challenger's employee value proposition guides how we work: Grow and realise your potential, supporting each other, stronger together and making things happen. Our culture encourages curiosity, considered thinking and meaningful contribution, with opportunities to build a broad and rewarding career.
We are committed to fostering a safe, inclusive and respectful workplace where people of all backgrounds, identities and ways of thinking can thrive, and promoting flexible working to support work-life balance.
Challenger is proud to be a Workplace Gender Equality Agency (WGEA) Employer of Choice for Gender Equality, a Family Friendly Workplace and recognised as a Bronze Employer in the Australian Workplace Equality Index (AWEI), the national benchmark for LGBTQ+ workplace inclusion.
Job type:
PermanentPosting Close Date :
05/07/2025Similar Jobs
What We Do
Challenger Life is Australia’s largest provider of annuities and provides regular income to thousands of customers. We’re a multi-award-winning Life Company and have $23 billion in assets under management (as at 30 June 2023).
Challenger is focused on providing customers with financial security for retirement. We do this by offering investment strategies that exhibit consistently superior performance, and by helping customers in retirement with safe and reliable income streams.
As Australia’s largest annuity provider, we provide regular income payments to thousands of Australian retirees. Our lifetime annuities protect retirees from the risk of running out of money late in life.
The regular retirement incomes we pay are backed by a high-quality investment portfolio, including fixed income and commercial property investments. These investments generate regular and predictable investment income, which we use to fund retirement incomes paid to our customers.
For our social media disclaimer statement, visit:
http://www.challenger.com.au/Disclaimer
