Manager - Quantitative Portfolio Strategy

Role Overview

The Portfolio Strategy and Research (PSR) team is responsible for monitoring and advising on medium-term to long-term strategic debt management issues, as well as the broad strategy within which the government's debt and cash portfolios should be managed. The team undertakes research into topical markets issues. The work in the unit requires strong quantitative skills and the ability to draw practical conclusions from analysis.

The Manager - Quantitative Portfolio Strategy performs a technical leadership role within PSR. This will include portfolio modelling and pricing of fixed income securities, and developing the skills and knowledge of junior staff in these areas. The incumbent will also manage an ongoing research program tailored to AOFM's strategic priorities. This will require liaison within AOFM and horizon scanning of issues in the capital markets.

This is a management position with some responsibility for the overall performance of the PSR team and for mentoring team staff.

Key Activities

The work of the Manager - Quantitative Portfolio Strategy will vary depending on AOFM priorities and group deliverables. It is expected that key activities may include:

• Project management of a research program including the preparation of technical papers and their presentation to senior management.
• Quantitative modelling to support the AOFM's debt management strategy formulation.
• Analysis of portfolio performance and assessment of issuance transaction outcomes.
• Pricing analysis for new financial instruments.
• Meetings with Australian Government Securities investors and intermediaries.
• Monitoring domestic and international developments in financial markets.
• Enhancing systems and automating processes.
• Development of analyst staff.
• Assigned project work.

Behavioural attributes

The following behavioural attributes apply:

• Oral Communication
• Written Communication
• Judgment and Problem Solving
• Leadership and Initiative
• Output Management
• Relationship Management
• Self-Development

Qualifications

Degree qualification in finance, actuarial studies, data science, economics, applied mathematics, or a related field is essential. Postgraduate qualifications in finance would be highly regarded.

Experience

With a background in professional financial services, it is expected that candidates will have worked with all aspects of financial modelling. At minimum, this will include coding using programming languages such as R and SQL.

Other qualities

• High level of numeracy and excellent attention to detail.
• Understanding of economic and financial market drivers.
• Knowledge of Australian financial markets.

SELECTION CRITERIA

1. Ability to provide expert advice on business process design, operation, and automation.
2. Ability to develop and use complex models to analyse and interpret financial information in support of portfolio management.
3. Ability to prepare and present technical reports that can inform management decision making.
4. Ability to lead a small team.
5. Understanding of the operation of government bond and broader capital markets.
6. Quality of educational qualifications and professional experience relevant to the position.