Address
Form of workAustralianSuper's $5+ billion Private Credit portfolio has grown considerably over the past few years and is expected to grow at over 20% pa over the foreseeable future. This future growth, driven by strong member inflows, as well as investment returns from the existing portfolio, has necessitated the need to recruit a new team member who will focus on the composition and construction of the Private Credit portfolio, together with portfolio insights and a focus on screening new strategies to add within Private Credit to help grow the portfolio and deliver strong performance.
As an Investment Director within the Private Credit team, you will:
- manage the portfolio construction of the Private Credit portfolio, developing a robust analytical framework;
- undertake detailed analysis of the existing Private Credit portfolio to make insights and suggestions on different concentrations and correlations, including sectors and geographies for future investments or the addition of new strategies;
- establish a value-add reporting process that uses analytics to identify the risks and opportunities within the portfolio.
Consistent with our One Portfolio approach, you will proactively collaborate with peers and colleagues within the Mid Risk Group (which includes Real Assets, i.e. infrastructure and real estate, together with Private Credit) to share investment insights and assess opportunities.
Your new role
Key Duties will include:
- Developing, overseeing, and improving the portfolio construction framework for the Private Credit portfolio to ensure it meets its investment return and cost objectives;
- Acting as key advisor to the Head of Private Credit in driving the asset class insights of the Private Credit portfolio to maximise the investment outcomes for the portfolio, drawing out key observations and insights through examining various underpinning correlations and concentrations;
- Identifying new investment strategies for the Private Credit portfolio which will maximise both portfolio outcomes, as well as the objectives of the broader AustralianSuper investment department;
- Leading engagement with the Private Credit team to provide clear portfolio objectives for seeking new loan investments (e.g. target industry sector allocations, risk profiles, position sizing etc.);
- Communicating investment performance, allocation, attribution, portfolio dynamics and processes to key internal stakeholders;
- Overseeing the preparation of annual performance, risk, and cost budgeting for Private Credit within the Mid Risk portfolio;
- Contributing to the due diligence of new investments as it relates to portfolio fit and recommended allocation, including preparing relevant sections in new investment papers;
- Overseeing Private Credit portfolio's credit rating framework to be applied to each new loan investment and loan watchlist framework;
- Contributing to the delivery and enhancement of the Private Credit investment processes, including establishing a framework to determine the optimal allocation to investments.
What you'll need
The successful candidate will have considerable knowledge of portfolio construction development and frameworks and understanding of portfolio objectives. In addition, they will have detailed knowledge and understanding of credit investing and credit markets in a global context.
More specifically, we are looking for:
- Extensive experience working in either investment management, asset consulting or banking with specific experience around portfolio construction and strategy;
- Specific credit investing experience, ideally across a broad range of Private Credit sub-strategies;
- Experience in developing investment strategies;
- Knowledge and capability to undertake econometric and financial market modelling;
- Experience in analysing and interpreting data and investment processes;
- Ability to work across the investment department in a team-based environment;
- Demonstrated ability to establish relationships, engage with and present findings to senior stakeholders;
- Excellent verbal communication skills;
- Superior tertiary qualifications in Economics, Finance, or a related field;
- Postgraduate qualifications in finance or investing (e.g. CFA, CAIA, FIAA or similar) desirable.
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 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.
Australian or New Zealand citizenship or Australian permanent residency status is required.
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About Us
The AustralianSuper Story
As a profit-to-member superannuation fund, AustralianSuper is run only for members, and is here to help members achieve their best possible retirement outcome. We don't pay profits or dividends to shareholders, so the money we make goes back into the fund.
We're an organisation of talented, inspiring colleagues and passionate leaders. As we continue to grow in size and complexity, we need people who will challenge our thinking, deliver outstanding outcomes and most importantly, share in our purpose.
