Victorian Funds Management Corporation (VFMC) is a public authority responsible for investing for the benefit of Victorians on behalf of the State of Victoria. VFMC manages over $92 billion in funds for 32 Victorian public authorities and related organisations across insurance, superannuation, health, arts, education and service agencies.
VFMC is a diverse team who are united by a single purpose: Investing for Victoria’s future.
VFMC are seeking an accomplished Investment Risk professional to join its Portfolio Risk & Solutions team. This role will lead a team of investment risk specialists and play a key role in supporting VFMC’s whole-of-portfolio approach to risk management.
The role is both strategic and hands-on, balancing team leadership, technical modelling, portfolio risk analysis, and thought leadership, while collaborating closely with investment teams, the Portfolio Management Group, and the Investment Committee.
Key Responsibilities
- Lead and manage the Investment Risk team across BAU, project and ad-hoc responsibilities.
- Maintain and enhance risk models; independently develop recent tools and visualisations to drive deeper portfolio insights.
- Identify and measure emerging risks across macroeconomic, geopolitical and market environments.
- Provide analysis on cross-asset class risk factors to support portfolio construction and investment decisions.
- Deliver clear and insightful risk reporting for diverse stakeholders, including senior executives and committees.
- Champion portfolio risk discussions across VFMC, influencing investment decision-making.
- Monitor derivative positions and associated risks in line with VFMC policies.
- Undertake thought leadership research in investment risk and contribute to industry dialogue.
- Collaborate with client, investment and asset class teams to ensure risk appetite alignment in new investment proposals.
The ideal candidate
- You will bring a strong blend of technical expertise, leadership capability, and communication skills, with the ability to influence decision-making at the highest levels.
- Experience: 8+ years in investments/financial markets, likely within funds management, asset consulting or investment banking.
- Technical expertise: Strong knowledge of risk analysis, systems, data management, and macro-economic trends.
- Leadership: Proven experience managing and developing a high-performing team.
- Communication: Able to translate complex risk concepts into clear insights for diverse stakeholders.
- Qualifications: Tertiary degree in mathematics, science, engineering, finance or related discipline.
Why Join VFMC?
At VFMC, you will be part of a purpose-driven organisation making a real impact for all Victorians. You’ll enjoy access to senior leaders, career development opportunities, flexible working, and a culture that values balance, inclusion and continuous improvement.
Kaizen Recruitment is the exclusive recruitment partner for this opportunity. For a confidential discussion, please contact Matt McGilton on 0439 028 222, or apply via the link.
📌 Senior Manager Investment Risk
🏢 Kaizen Recruitment
📍 Melbourne