Assistant Portfolio Manager

Build the future with QTC

Join an organisation that has been recognised as ‘one of Australia’s best places to work’, winning multiple Employer of Choice awards in recent years for professional development, employee benefits and culture.

QTC is the central financing authority for the Queensland Government and provides financial resources and services for the State. We manage the State’s funding program in the global capital markets to deliver sustainable and cost-effective borrowings for the Queensland Government, local governments, and other related entities (our clients). 

With a statutory role to advance the financial interests and development of the State, we help to deliver innovative, long-term solutions that contribute to the growth of Queensland’s economy. We protect Queensland’s financial interests and deliver better financial outcomes by centralising the management of our clients’ borrowings, cash investments, and foreign exchange.

Purpose of Role

The Funding and Markets Division is actively seeking an Assistant Portfolio Manager to join their dynamic team. As an Assistant Portfolio Manager, you will play a crucial role in managing investments and ensuring that clients’ financial goals are met. 

The ideal candidate will have an analytical background in the Australian fixed income market. They will be able to provide data-driven insights to support the division’s objectives. The role provides the opportunity for an analytical person to broaden their skills in financial markets and expanded into portfolio risk management. The role provides essential support functions to portfolio risk management, responsibility for client borrowings, collaborating on QTC data initiatives, and providing enhanced reporting, data analytics and system support.

If you’re an analytical thinker with a passion for financial markets, we encourage you to apply!

Responsibilities & Accountabilities

• Responsible for analytics relating to client borrowing products and drawdowns, execute client duration rebalances within target and liaise with internal stakeholders.
• Support Asset / Liability Mismatch portfolio management process through portfolio risk management activities and quantitative analysis.
• Develop an understanding of the Australian short-end market and manage the portfolio risks within approved limits set by the Executive Director.
• Support the Liquidity Portfolio Manager with the management of cash, money market assets, client variable rate loans, working capital facility and floating rate cash flows.
• Maintain data, enhance and develop processes that support Funding and Markets objectives, including pricing tools and liquidity modelling.
• Develop an understanding of the Australian money market and fixed income market products. 
• Responsible for developing quantitative analytics and reporting for Funding and Markets, including analysis of interest rate curves, valuations, risk measures and performance measures.
• Financial modelling and/or data modelling.

Competencies

Technical Competencies

• Relevant financial markets, economic, industry and data analysis skills.
• Negotiation, communication skills and reporting to stakeholders.
• Knowledge of financial products and associated financial calculations.
• Benchmarking, research, reporting and advocacy to a level suitable for presentation to stakeholders.
• Support the development and implementation of the approved strategic direction of the function.
• Excellent data modelling and dashboard design skills. 
• Proficient in SQL, Python or related skills with proven hands-on experience.
• Possess technical knowledge and experience in using Microsoft Power Platform (particularly Power BI and Power Automate). 
• Familiarity with Microsoft Purview and data governance principles are highly regarded.
• Problem definition and solving skills, including the ability to understand and break down problems, and assess the root cause and the right solution.

Behavioural Competencies

• Personal drive and integrity and accept accountability.
• Ability to be discreet, maintain confidentiality, recognise and respect sensitivities.
• Personal leadership consistent with QTC values and highest level QTC competencies.
• Deliver optimal results through relationships by
• Creating and maintaining strong strategic partnerships with key stakeholders.
• Actively engaging in participative business partnerships within and external to QTC.

Qualifications

Essential

• Tertiary qualification in a relevant discipline required for professional roles.

Desirable

• Power BI / Power Platform certifications
• Python or R certifications
• Post Graduate qualification or CFA

Experience

Essential

• A minimum of 3 years’ experience in roles that demonstrate overall competency.

Desirable

• Experience in banking and finance industry highly regarded.

Why will QTC be the best work of your career?

Work

We do work that improves Queensland for generations. We are a leader in finance, creating meaningful solutions with profound outcomes. We set the standard in financial solutions. We address the challenges of today, with results for tomorrow. 

People

We are an inspired team of solution creators. We believe that curiosity is the ultimate problem solver. That the best teams are united by trust, not divided by ego. And that diversity sets us apart. 

Culture

We recognise that developing our people leads to their success, that energised teams create brighter outcomes and that with the freedom to challenge, we can strive for better together. 

Benefits 

We are dedicated to investing in your future. We understand that an energised mind is cultivated by time and investment, that developing future leaders requires commitment and that your best work starts with your best self. Benefit from a best-in-class professional development program, flexible work, leadership programs, study support, paid-parental leave, salary packaging and a corporate wellbeing program (including discounts for you and your family to a range of fitness facilities close to home or work).

‘Employer of Choice’ and Culture awards

QTC has been recognised as one of Australia’s best places to work, receiving the ‘Employer of Choice’ award from Human Resources Director (HRD) in 2023, 2022, 2021 and 2020. In 2019, QTC received a high-profile award from the world’s foremost culture and leadership experts—The Human Synergistics’s Culture Transformation Achievement Award—for the positive behaviour and attitude of its employees.