Salary: $155,317 to $194,146 per annum plus 15.4% superannuation

Role overview

The Impact Investment Team is tasked with managing the Australian Business Securitisation Fund (ABSF). The ABSF is a $2 billion fund established to support the provision of finance to small and medium enterprises (SMEs).

The Investment Manager in the Impact Investment team will take a leadership role in managing recent and existing ABSF investments. This will require oversight of investment documentation terms and, where required, negotiation with originators. They may lead commercial negotiations between multiple parties with respect to transaction documentation. The Investment Manager is expected to support the team through the assessment of securitisation transactions.

The Investment Manager may be responsible for managing one or more analysts in the team and stewarding their professional development. As a technical leader in Impact Investment, the Investment Manager is expected to add value to current processes, manage associated risks, and drive improvements.

The key duties of the position include:

Key Activities

The work of the Investment Manager will vary depending on group priorities and project deliverables. It is expected that key activities may include:

• ongoing management of ABSF investments

• leading the analysis, due diligence and overall risk assessment of current and prospective ABSF investments

• leading the negotiation of the terms of investments in securitised financial products (this may include credit enhancement requirements, pricing, intercreditor rights, portfolio parameters and eligibility criteria) and providing guidance on commercial terms

• review and comment on securitisation documents for adherence to agreed terms

• maintaining appropriate ABSF policies and procedures

• managing external relationships with originators, other market participants, and service providers

• other duties as directed.

Further details are available in the Position and Duty Statement for this role.

Skills and experience





To be successful in this role, you will have:

• A minimum of 10 years relevant experience

• An ability to develop and manage a range of stakeholder relationships.

• Highly developed communication skills including a demonstrated ability to effectively negotiate investment transactions and resolve conflicts.

• Strong leadership skills including the ability to build technical capability within the team through coaching, providing feedback, and encouraging ongoing development, while ensuring high-quality outputs are delivered.

• Proficiency in providing high level technical advice and leadership on documentation for the commercial assessment of structured finance transactions.

Knowledge and understanding of:

o Debt capital markets, with a focus on the debt finance structuring and documentation of bankruptcy remote vehicles (required)

o Commercial negotiation of multiparty wholesale debt financing transactions (required)

o Knowledge of securitisation markets and investments (desirable)

o Investment performance reporting and monitoring (desirable).

Behavioural attributes

The following behavioural attributes apply to all AOFM officials:

• To act reliably with integrity and transparency.

• To work respectfully and collaboratively.

• To continuously improve through curiosity and innovation.

• To adapt to changing circumstances and deliver as a prominent, respected authority.

• To welcome all perspectives and embrace different ideas.

• To be valued as our authentic selves, and to respect and include everyone.

SELECTION CRITERIA





Following are the criteria against which selection for this position will be made. It is in your interest to assess your knowledge, skills, and experience against the criteria. The selection panel will assess your ability to meet these criteria along with the core Behavioural Attributes listed in the Position and Duty Statement. Referees will also be asked to use these criteria when reporting on your suitability for this position.

Note: This is a security assessed position.

• Ability to take technical leadership on documentation for the commercial assessment of financing transactions.

• Ability to negotiate debt investment transactions and resolve conflicts.

• Ability to build relationships, network, and liaise with stakeholders.

• Ability to contribute proactively within a team and to develop analysts.

• Quality of academic and professional qualifications related to the position.

Eligibility

• Citizenship – applicants must be an Australian Citizen.

• Security Clearance – positions at AOFM require a Baseline security clearance.

• Other checks – successful applicants are required to undergo a mandatory Australian Federal Police Check and other checks to confirm their suitability for employment.

Getting to know the Australian Office of Financial Management

The Australian Office of Financial Management (AOFM) is small specialised agency that plays a central role in the Australian financial markets. AOFM manages for Australia a portfolio of sovereign debt (as at 2023 some $900 billion+) and a variety of financial assets (including the Structured Finance Support Fund and the Australian Business Securitisation Fund). AOFM ensures that the government’s expenditure obligations are able to be met at all times. AOFM staff ensure that budget financing needs are delivered cost effectively without undue risk. The AOFM operates within global financial markets in order to effectively achieve AOFM’s financing and portfolio management responsibilities.

📌 Assistant Director, Investment Manager (Sydney)
🏢 Australian Office of Financial Management
📍 Sydney