Senior Analyst, Financial Policy

The Department of Treasury and Finance provides economic, financial and resource management advice to help the Victorian Government deliver its policies.

We strive for excellence in financial and economic management to improve the lives of all Victorians.

We aim to be a model employer providing an inclusive workplace that is understanding and respectful of differences such as gender, identity, race, disability or age. In addition, we are committed to supporting Aboriginal pathways between education and employment.

The department strives to create an environment that supports a flexible and adaptive workforce. All requests for flexible working arrangements will be considered in line with operational requirements.

If you require a copy of this advertisement in an accessible format, such as large print, please email
Job Details
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Department: Department of Treasury & Finance
Work Type: Ongoing - full time
Job Function: Finance
Classification: VPSG5
Work Location: Melbourne - CBD
Reference: VG/DTF/D01742
Closing Date: 23-Aug-2019
Salary Range: $98,396 - $119,052
Job Duration: N/A
Attachments: #011 FAL Position Description Senior Analyst_ Financial Policy VPS 5_July 2019.DOCX (Word, 47KB)

Contact: Rion van Zyl Smit
9651 2399

Position Details

An exciting opportunity exists for a Financial Analyst on a full-time basis in Financial Assets and Liabilities (FAL) Group.

The FAL Group provides advice and reports on the State's financial assets and liabilities and associated financial risks.  This includes the State's investments, debts, superannuation and insurance claims liabilities, and guarantees. The FAL Group is also responsible for the regulation of not-for-profit, non-government housing agencies, providing governance and prudential oversight of the State's public financial corporations, and coordinating the financial and budgetary reporting of the State's public corporation sectors.

The FAL Group is made up of three teams:

  • Balance Sheet Management;
  • Financial Policy; and
  • Housing Registrar.

This position is located within the Financial Policy team whose responsibilities are focussed on providing advice to government on a wide range of policy issues relating to public sector superannuation, public sector investment policy and the prudential supervision of the State's public financial corporations.

The main responsibilities include:

  • Preparing and analysing the superannuation data and commentary that is included in the State's financial reports under the Australian equivalents of International Financial Reporting Standards.
  • Undertaking financial modelling and provide advice on policy options related to capital management regimes, pricing and return on capital for the State's insurance agencies.
  • Reviewing the investment objectives of the State's public financial corporations and assisting with the assessment of the associated Investment Risk Management Plans, including the appropriateness of the risk/return trade-off to the State.
  • Reviewing and assessing corporate plans, quarterly reports and annual results for the State's Public Financial Corporations.
  • Developing and maintaining strong working relationships with key stakeholders across the Department and externally; including with other Departments and agencies, the Commonwealth and interstate counterparts.
  • Preparing briefing papers, reports and general correspondence suitable for consideration at Ministerial level.
  • Actively participating as a member of a team to achieve the objectives of the FAL group and the Department.

As our ideal candidate, you will be required to demonstrate the following:

  • Strong financial modelling and quantitative analysis skills with a demonstrated ability to develop financial models and undertake scenario analysis.
  • Developed understanding of liability management principles and reporting in the Australian environment.
  • Developed understanding of investment management principles and their application.
  • Ability to represent the Department and to build and maintain effective working relationships with a range of external and internal stakeholders.
  • Well-developed communication and interpersonal skills, including communicating the output of financial modelling, writing briefs, reports and general correspondence.
  • An appropriate tertiary qualification in applied finance, statistics, accounting or a related field.

To discuss this role further, please contact Rion van Zyl Smit, (03) 9651 2399.

For more information on the position and key selection criteria, please refer to the position description.

How to apply

If you are interested in this role, head to Jobs at DTF and select the ‘Apply Now button'. Please provide a copy of your CV and cover letter summarising your skills and relevant experience. Application close 23 August 2019. 

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