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Newly created role leading 2nd line Risk for InvestmentsLeading industry fundSydney, Melbourne or Brisbane locatioAbout UsEstablished in 1988, Rest is one of Australia’s largest profit-to-member superannuation funds.We support more than 1.9 million members, with around $70 billion of funds under management and are recognised as a responsible investment leader. We believe when members understand and engage with their super, they’re more likely to get a better retirement outcome.Everything we do at Rest is underpinned by our values and behaviours, we want to Be Daring, Keep it Simple, Take Action and Have Grit. To put it simply we want our people to thrive and love the work they do.About the Job Reporting to the Chief Risk Officer, you will have the mandate to lead and build out the second line, Investments risk function providing second line insight, oversight and assurance to the CRO and Board on financial and investment risk matters including market risk, counterparty risk, liquidity risk, and asset allocation risk in the implementation of investment strategy and product design.You will be responsible for driving best practice risk management and analytical capability through implementing and continuously improving the risk management framework and risk reporting in alignment with the Group’s Risk Appetite and Strategy.This includes:Develop, implement and maintain the investment risk framework consistent with SPS220, SPS530 and associated investment risk management standards (internationally).Maintaining relevant risk policies that define appropriate aggregate risk appetite limits for business defined key risk indicators.Develop, implement and maintain a financial model risk framework and provide independent oversight / assessment on financial models and underlying assumptionsFacilitating risk management practices to meet regulatory and other stakeholder requirements.Reporting and monitoring of aggregate market, counterparty and liquidity risk exposures against risk appetite and reporting to the Risk Committee. Oversight investment and liquidity stress testing and scenario analysis performed by the first line investment risk governance function.Oversight transaction sign-off processes and mandate compliance performed by the Investment team.Driving enhancements to risk analytics, data integrity and reporting.Championing a sound and proactive risk cultureEnsuring appropriate risk systems and processes are in place. You will  present to Risk Committee and the Board and work collaboratively with the investment team (particularly the first line investment risk governance team) as well as a range of support teams. The breadth of this role provides the opportunity to deepen your holistic risk and product experience across the whole of Rest’s fund.
