Portfolio Manager, Domestic Hedging / Rates

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.

• An excellent opportunity exists to join us as a Portfolio Manager on a permanent basis. 
• We are looking for a self-motivated, independent thinker with a creative approach to problem-solving to join our ALM team.
• We work flexibly from our Sydney CBD Office where you can expect to work 3 days in the office and 2 days from home.

Portfolio Manager, Domestic Hedging / Rates

We are seeking an experienced Portfolio Manager to support ALM’s domestic interest rate and inflation hedging activity. The role will focus on the outperformance of a range of AusBond and interest rate swap benchmarks and offers broad exposure to CLC’s asset and liability management activities with a focus on domestic interest rate and inflation-linked derivatives and cash markets.

The role sits in Challenger Life Company (CLC). CLC is Australia’s largest provider of annuities, managing $25 billion in assets as at 31 December 2024. Asset Liability and Management (ALM) and Liquids teams, forms part of CLC’s investments team, responsible for the hedging of CLC’s interest rate, foreign currency and index linked exposures and for managing short term liquid investment strategy.

What we are looking for:

The ideal candidate will have extensive dealing and portfolio management experience in Australian financial markets, including exposure to derivatives. Given the quantitative and technical requirements of the role, the individual should be highly numerate with advanced analytical and modelling abilities and a focus on risk management.

The individual must be self-motivated and able to think creatively and independently. Being “hands-on”, showing attention to detail and a having a strong commercial perspective are prerequisites.

Role responsibilities:

• Management and execution of Australian interest rate and inflation hedging activity.
• Identify, develop, and implement hedging strategies that generate attractive risk adjusted returns relative to agreed internal and AusBond benchmarks.
• Develop models for risk management of new transactions and products and identify relative value opportunities.
• Support retail and institutional distribution and product teams with market insights.

The experience required to be successful:

• 7+ years relevant industry experience and exposure to fixed income markets, derivatives, and financial risk management.
• In-depth knowledge of financial markets and investment products.
• Proven analytical and critical thinking abilities to evaluate complex alternatives.
• Excellent verbal and written communication skills, with the ability to convey complex information clearly and concisely. 
• A tertiary qualification with a strong GPA in Finance, Economics, Econometrics, Mathematics, Statistics, Physics, Engineering, or a related field.
• Strong numeracy and modelling capabilities.

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.    

At Challenger, 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.    

• Additional support leave (fertility treatment leave, gender affirmation leave).    

• 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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We value inclusion and diversity of thought, promote flexible working practices so our people can integrate their work and personal lives, and are proud to be a Workplace Gender Equality Agency (WGEA) Employer of Choice for Gender Equality.

We believe in bringing your authentic self and a belonging in our culture. We are prideful in participating in the Australian Workplace Equality Index (AWEI) as a national benchmark on LGBTQ+ workplace inclusion and best practice in Australia. We offer the opportunity for a broad career experience and value people who are inquisitive and rigorous and are driven to make a difference.

Job type:

Permanent

Posting Close Date :

28/03/2025