AddressDirector, Enterprise Risk - Future Fund Management Agency
Are you?
- Ready to take the next step in your career?
- Committed to making a positive contribution to our organisation culture?
- Interested in supporting our Investment team around resiliance of critical operations, investment due dilligence, transaction implementation and reporting?
About Future Fund
The Future Fund is Australia's Sovereign Wealth Fund. Our purpose is clear: we invest for the benefit of future generations of Australians.
Decision making is our commercial competitive advantage. Our organisation is home to ambitious, high-performing people who are driven to do meaningful work, grow professionally, support their peers and colleagues, and contribute to the future success of our organisation.
Our ‘One team, One purpose’ philosophy underpins our unique culture and the way we work together at the Future Fund Management Agency (“Agency”). This philosophy extends into all aspects of our organisation and guides how and why we do what we do.
The Agency’s risk management model includes business partners who support risk owners to manage the risks they own. Enterprise Risks are all the risks (other than Portfolio Risks) facing the organisation and the achievement of its purpose and strategy, including risks in our investment and non-investment processes. Business units own, and are accountable for managing, Enterprise Risks and Portfolio Risks, with support from the Enterprise Risk and Portfolio Risk functions respectively.
The Opportunity
We are hiring a Director to join our Enterprise Risk (ER) team in Melbourne or Sydney. The Director will lead the ER Business Partnering function which supports the Investment team. The role also serves as a key subject matter expert to advise and consult on risks across the end-to-end investment process, including Investment Operations and Investment Data Management.
The Enterprise Risk Business Partnering function supports business units to identify, assess, and manage their risk and control environment in line with Agency frameworks, policies and Board risk appetite. It also provides advice and constructive challenge to business decisions and activities.
The Director, Enterprise Risk (Investment) will be responsible for supporting the Investment team processes around resilience of critical business operations, investment due diligence, transaction implementation and reporting, use of key models and related data management/usage, delegations/authorisation adherence, contribution to the Agency’s key cross-functional processes and relating to investment manager appointment/management processes.
Key Responsibilities
As Director, Enterprise Risk (Investment), you will be responsible for developing and implementing a comprehensive risk management strategy to support the Investment team, including collaborating with the team to ensure seamless delivery of ER support, facilitating risk forums, and providing advisory services.
You will also be responsible for the development and management of risk appetite, assessing the Investment team’s risk profile, advising on control design and overseeing control assurance, handling incident management, and contributing to organisational resilience.
Additionally, you will be supporting and facilitating model risk management, operational due diligence, internal audit processes, and maintaining risk registers. The successful candidate will lead a team of Enterprise Risk professionals, fostering a positive risk management culture and contributing to broader organisational risk initiatives.
About You
Qualifications:
• Tertiary qualification in a relevant professional discipline (e.g., finance, commerce, accounting, law, maths, engineering).
Knowledge and Experience:
Candidates for the position of Director, Enterprise Risk (Investment) should:
• Be an experienced risk or investment/investment operations professional with a strong understanding of risk management in the financial services or investment management sectors.
• Have demonstrated knowledge of institutional investment practices, across the end-to-end investment process, gained within an institutional investment manager or asset owner.
• Have a strong understanding of operational risks within an investment management/financial services environment and familiarity with investment concepts and terminology.
• Be capable of creating and maintaining frameworks, methodologies and tools underpinning risk management.
• Be able to work in partnership with others and able to apply sound judgement and confidentiality in complex situations.
Key Competencies:
• An eye for detail, while taking a broader “risk aware” perspective.
• Excellent interpersonal and communication skills including the ability to collaborate with stakeholders at all levels.
• Takes pride in being a ‘professional’ and acts in accordance with professional standards at all times.
• Results and solutions focussed.
• Excellent written and verbal communication skills with the ability to effectively convey information and influence key stakeholders.
• Team player with a proactive and helpful nature.
• Highly organised with strong time and output management ability.
• Open to other points of view and the agility to adapt to new information or changing priorities.
• Mature and calm demeanour, which is maintained when under pressure.
Life at Future Fund
Our approach to building an inclusive culture is aimed at facilitating impactful, effective and objective decision making. We continue to deepen our understanding of the lived experience of underrepresented groups within our industry.
To continue to expand our knowledge, we actively encourage you to apply to this role and contribute to our collective Purpose. We are better for our differences and support our people in bringing their authentic selves to work. It not only benefits our teams, it means you can focus on what matters most, being you.
Learn more about life at Future Fund by visiting our LinkedIn Life page.
About Us Established in 2006, the Future Fund is Australia's Sovereign Wealth Fund.
The Fund’s purpose is investing for the benefit of future generations of Australians. Based in Melbourne, the Future Fund has built a diversified, global portfolio and is a founding member of the International Forum of Sovereign Wealth Funds. A unique feature of the Agency is that we work as a single team across a total portfolio.
People are the cornerstone of our success. That’s why we aim to attract and develop the best talent in Australia, and from all over the world. Our team come to work every day expecting to do meaningful work with the opportunity to learn and contribute to the success of the Fund.
The Future Fund is passionate about its values, which are the key to our success: Focus on what matters, Do the right thing and Working together, allowing you to contribute to your maximum potential.
Advertising Information Application Closing Date is: 8th March 2024
We embrace diversity of thought, style and work arrangements to ensure our workforce is representative of the communities that we serve. We welcome applications from Indigenous jobseekers for this vacancy.
For more information on our application process, eligibility, employment checks, privacy and our organisation, please visit the careers and opportunities pages of our website.
If you wish to have a confidential discussion with the Human Resources Team, please call +61 3 8656 6400 and quote this requisition ID number at the top of the page.
