Job Description

Careers with Impact

More than one million Australians trust us with their money, and that trust shapes how we work every day. Our members sit at the centre of everything we do, guiding our decisions and the impact we strive to make.

We’re looking for people who are purpose-driven and accountable, who value inclusion and collaboration, and who are proactive in managing risk to protect our members’ long-term outcomes. In return, you’ll be part of an organisation where your work contributes to strong returns, real-world impact, and a culture that reflects the communities our members serve.

Bring your authentic and passionate self to this exceptional role #careerswithimpact

Support the team that manages HESTA's fixed income portfolios. As Credit Analyst – Fixed Income, you'll deliver credit research that helps the Internal Fixed Income Portfolio Management Team make sound investment decisions across Australian and international fixed interest, credit, and cash. You'll help manage and monitor credit exposures across HESTA's internally managed Fixed Income, Enhanced Cash, Cash and Term Deposit portfolios, as well as the Domestic Private Debt portfolios where HESTA holds veto rights on transactions.

This is a role for someone who wants to build their credit research career inside a purpose-driven industry fund, working closely with experienced portfolio managers on real portfolios and real decisions.

This position could be based in Sydney or Melbourne.

What you'll do

• Support Senior Credit Analysts conducting credit research on corporates, banks and structured products. You'll assist with company initiations, trade recommendation and periodic credit reviews, keep relevant databases current, and build and maintain detailed financial models and forecasts
• Help derive and maintain internal credit scores and shadow ratings. You'll assist with conducting sector and industry research to help inform portfolio managers’ sector allocation decisions
• Support trading activity in primary and secondary bond markets and develop external relationships across the market to source new insights, understand credit market themes and assist with documentation review to support trade execution
• Collaborate with the Responsible Investment team to apply and develop HESTA's ESG policies as part of the credit research process, and support risk management by keeping processes and documentation robust and aligned with HESTA's investment risk framework

What you'll bring

• Some experience in a credit and/or equity analysis, along with a strong academic background in finance, economics or a related field
• Exposure to debt security analysis, relative value and credit fundamentals, you understand defensive asset classes, including credit, debt, RMBS/ABS and cash and you’re comfortable working with financial models
• You've worked with investment databases and have some exposure to transaction due diligence and investment implementation
• You bring a genuine passion for investing, bottom-up company research, strong attention to detail, sound analytical thinking and a genuine drive to keep learning

Benefits that matter and make a difference for our employees

• Leave for those moments that matter, an additional 6 days of leave at the end of year, up to 6 days paid volunteer leave, gender neutral paid parental leave of 20 weeks, Gender Affirmation leave, reproductive health and wellbeing leave, Cultural and Ceremonial leave. Access your LSL after 3 years, take AL at half pay, and purchase up to 2 weeks additional leave (just to name a few!).
• Your Professional development matters, up to $5k per year professional development and up to 8 days professional development leave, HESTA scholarships and free access to a range of premium learning tools.
• Your health and wellbeing matters, free annual flu shots and skin checks, incredible social events throughout the year and a comprehensive employee assistance program available 24/7.
• Your financial wellbeing matters, up to 15% super, financial planning support, end of year payment for all Enterprise Agreement-covered employees, incentivised Employee Referral Program and novated lease options.

We celebrate, value and include people of all backgrounds, genders, identities, cultures and abilities. We welcome and support applications from First Nations people, physically, neuro or culturally diverse, LGBTQI+, and people of any age. We are proud to be WGEA accredited as an Employer of Choice for Gender Equity.

We want all candidates to feel safe, included and provided with the best opportunity to thrive, if you require reasonable adjustments during your application or throughout the recruitment process, please reach out to a member of the Talent team careers@hesta.com.au and we’ll call you to discuss.

Please note: Applications via recruitment agencies will not be accepted for this position