Senior Investment Associate - Unlisted Assets

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.

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

Senior Investment Associate - Unlisted Assets (12-Month Maximum Term Contract)

HESTA is looking for a Senior Investment Associate to join the Investment Management team on a 12-month maximum term contract, providing additional capacity to the Unlisted Assets function during a period of increased project demand. This role sits in the heart of the Unlisted Assets team, working alongside the Investment Managers and Associates supporting due diligence, monitoring and origination work across infrastructure, private capital and property.

The extra resourcing reflects current project work associated with the introduction of a new unlisted data system, which has increased demand on the team's day-to-day due diligence and monitoring capacity. This is a genuine opportunity to step into a substantive, hands-on role with real ownership over fund manager oversight and direct/co-investment due diligence, ideal for someone who wants meaningful contract work with immediate impact.

What you'll be doing

• Originating and assessing fund, co-investment and direct investment opportunities
• Leading financial and commercial due diligence
• Coordinating legal, tax, operational and ESG reviews
• Perform financial modelling and analytical tasks such as:
  - valuation bridges
  - discounted cash flow analysis
  - create sensitivity / scenario analysis

What you'll bring

• Strong memo writing skills
• Ability to construct an argument around investment decisions and effectively communicate that argument both verbally and in written materials
• Significant experience in an investment analysis and company analysis role
• Experience analysing fund managers and portfolios at a super fund, fund manager or research house
• Experience managing transaction due diligence and investment implementation, with a track record of coordinating deliverables to strict deadlines across multiple stakeholders
• An undergraduate and postgraduate qualification in business, accounting, commerce, economics or a related field
• CFA completion, a Master of Finance or another relevant Masters degree is well regarded, though not essential

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 ••••@hesta.com.au and we'll call you to discuss.

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

12-month contract with the Unlisted Assets team at HESTA. Work on Investment due diligence & origination across Infra, PE and Property

Flexible Hybrid Working

Enhanced Leave Entitlements