Manager, Operational Due Diligence

Get AI-powered advice on this job and more exclusive features. Supporting millions of Aussies since 1988 with low fees and competitive long-term performance. Profits back to members, not shareholders We can consider applications from both Sydney & Melbourne based candidates Please note Rest does not accept speculative resumes from recruitment agencies Rest will review applications prior to the closing date and may close the role earlier Job Description Established in 1988, Rest is one of Australia’s largest profit-to-member superannuation funds. We support more than two million members, with around $100 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. Some Key Accountabilities: Deliver operational due diligence (ODD) reviews for new and existing investment managers in collaboration with external providers and the Investment Team. Manage the external ODD provider relationship, ensuring quality, scope, and timely delivery. Lead periodic ODD reviews across multiple asset classes, including equities, fixed income, property, and infrastructure. Prepare and present ODD summaries, risk ratings, and recommendations to governance forums. Assess key operational risks (e.g., governance, compliance, valuation, cybersecurity) in line with CPS 230 and industry best practices. Contribute to the development of Rest’s ODD framework and risk models. Maintain and enhance ODD processes, ensuring alignment with frameworks and continuous improvement. Monitor regulatory changes and industry trends impacting operational risk. Keep internal databases updated and accurate. Collaborate with managers to address ODD findings and mitigate risks. Investigate emerging operational risks and ensure accurate risk ratings. Qualifications Tertiary qualification in finance, economics, business, actuarial studies or equivalent Key designations (e.g., MBA, CFA, CAIA, FRM) are highly desirable. Required experience, understanding or credentials including : Demonstrated and proven operational due diligence experience within a superannuation fund or operational due diligence provider. Operational risk experience within an asset manager will be highly regarded. Demonstrated ‘commercial’ approach to operational risk and compliance, including demonstrated ability to engage effectively with senior decision makers and investment managers A proven ability to provide expert risk and compliance advice, while being able to manage multiple and complex stakeholders Experience in managing multiple projects and prioritising competing deadlines Demonstrated ‘commercial’ approach to compliance risk management Well-developed interpersonal skills coupled with sound oral and written communications skills Additional Information Personal and professional development opportunities Purchase leave scheme and gender neutral 16 weeks paid parental leave Super Contribution Continuation for 12 Months of parental leave Income Protection Insurance Rest Excellence awards (peer recognition awards based on Rest’s values and behaviours) If you share our values, believe you can help make a difference for our members and want to be part of a leading superannuation fund with a Super culture, please click Apply Now. Rest is committed to creating a flexible work environment and culture that embraces diversity, equity, and inclusion - where people feel welcome, safe to be themselves and inspired to do their best. We value the different backgrounds, lived experiences and abilities our diverse team brings. We welcome and encourage applications from candidates of all ages, cultural backgrounds, faiths, gender identities, sexual orientations and thinking styles. This includes people with disability, neurodiverse individuals, Aboriginal & Torres Strait Islander peoples and those with disrupted work history due to career or other breaks. Please note only people with the right to work in Australia will be considered. *Funds under management as at 31 July 2025. Rest is recognised as a Responsible Investment Leader by the Responsible Investment Association Australia (RIAA) in its Responsible Investment Benchmark Report 2022. Seniority Level Mid-Senior level Employment Type Full-time Job Function Consulting Referrals increase your chances of interviewing at Rest by 2x #J-18808-Ljbffr