Senior Investment Analyst - Client Portfolio Design

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 are a diverse and collaborative team united by a single purpose: investing for Victoria’s future. VFMC are seeking a highly motivated Senior Investment Analyst to join the newly formed Client Portfolio Design team.This role will play an essential part in shaping client portfolio outcomes through asset-liability modelling, strategic asset allocation analysis, and portfolio research.You will support the Head of Client Portfolio Design and work closely with investment teams to deliver data-driven insights, risk and return modelling, and thematic research that underpin VFMC’s long-term investment strategy.This is an excellent opportunity for an analytical, collaborative investment professional passionate about applying quantitative and strategic thinking to institutional portfolio design.Key ResponsibilitiesConduct asset-liability modelling (ALM) for clients using Jacobi and other modelling platforms.Undertake risk and return modelling, stress testing, and liquidity analysis to inform strategic asset allocation (SAA) decisions.Contribute to the evolution of portfolio design through research, data analysis, and scenario testing.Prepare documentation and materials to support client briefings, Investment Risk Management Plan (IRMP) reviews, and committee presentations.Collaborate across investment teams to research themes impacting long-term portfolio construction. The ideal candidate3+ years’ experience in funds management, investment consulting, or institutional portfolio analysis.Strong quantitative and analytical skills with proficiency in Excel; Python skills are highly regarded.Sound understanding of financial markets, investment risk, and portfolio construction principles.Excellent communication skills and the ability to present complex concepts clearly.Tertiary qualification in Economics, Finance, Commerce, or related discipline; postgraduate study (e.g. CFA) preferred. Why Join VFMC?At VFMC, you’ll be part of a purpose-driven organisation making a tangible impact for all Victorians. You’ll enjoy access to senior leaders, meaningful career development, hybrid 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,