Associate Director, Credit Analyst


Associate Director | Grade 11/12


  • Join a world class organisation
  • Make a difference to the people of NSW
  • Analyse and provide guidance on State Significant Financial Risks

Why NSW Treasury


NSW Treasury leads the economic, jobs and investment conversation across New South Wales (NSW). From its position at the centre of government, Treasury drives the economic development strategy to guide the State’s growth for the benefit of the people who live, work and study in NSW. Its work includes boosting trade, investment and tourism, developing industry, supporting jobs growth, improving service delivery to the community and increasing living standards, now and into the future.


We’re committed to building a culture of highly engaged and talented people, all working together in a collaborative and high-performance culture that facilitates career mobility and diversity. Our culture is underpinned by the NSW Public Sector core values of Excellence in Service, Integrity, Accountability and Trust and a clear set of expected behaviours.


Look at the NSW Treasury website: https://www.treasury.nsw.gov.au/about-treasury/about-nsw-treasury


Also, see why you should work for NSW at https://iworkfor.nsw.gov.au/why-work-for-nsw


The Team and the Role


The Financial Risk Management (“FRM”) Division takes a strategic, whole of state approach to the management of financial risks, assets and liabilities. FRM does this by:


  • Supporting a sustainable fiscal environment, maximising the long-term wealth of the state
  • Developing a comprehensive financial risk management framework, fiscal strategy and policy initiatives that support a sustainable fiscal position
  • Identifying, quantifying, monitoring and mitigating State Significant Financial Risks, including the Government’s exposures to its counterparties
  • Identifying and implementing innovative strategies to improve the utilisation of the State’s assets/
  • Supporting the world’s first public sector Asset and Liability Committee through preparation of key financial and policy ideas and providing secretariat support
  • Developing sustainable finance strategies and policies with a focus on ESG (environmental, social and governance) factors to ensure better longer-term outcomes for the State.

As an Associate Director in the FRM team, you will have a broad range of responsibilities, with a particular focus on assessing and monitoring the State’s credit risks. A key part of your role will involve using your skills in credit analysis to help develop and implement coherent, practical policies (in consultation with government agencies) to allow the NSW public sector to manage both new and existing credit exposures more effectively.


More generally, the role will contribute to the delivery of high-quality analysis and recommendations (both quantitative and qualitative) to support ALCO’s advice to the Treasury Secretary, by analysing and providing guidance on State Significant Financial Risks.


Essential Requirements


  • Extensive analytical experience and the ability to interpret data to identify trends or anomalies in the data.
  • Demonstrated ability to suggest and manage improvements in established processes
  • Demonstrated ability to communicate financial and policy analysis clearly and effectively (verbally and in writing).
  • Demonstrated ability and desire to work collaboratively as part of a team
  • Excellent interpersonal skills, including leadership and management potential.
  • Experience using Microsoft Word, PowerPoint and Excel.
  • Tertiary qualifications in a relevant discipline such as finance, economics or law (or progress towards same) highly regarded.
  • Consistent with FRM’s risk management focus, financial modelling skills and a broad understanding of financial markets are considered desirable for the role but not essential.

Our Commitment to Diversity


At NSW Treasury, we are committed to building a respectful workplace, appointing the best person for the role, and supporting diversity across all areas. We are on a journey to become more inclusive.


Eligibility


To be eligible to apply for ongoing employment within the NSW Treasury, candidates must be an Australian citizen or have the status of permanent residence in Australia.


The successful candidate will be required to undergo a National Criminal Record Check and provide confirmation of academic qualifications prior to commencement.


  • Cover letter of no more than two pages outlining why you are interested in this opportunity, and how your skills and experience make you the best candidate for the role
  • An up-to-date resume that details your knowledge, skills and experience relevant to the role

Should you require additional information prior to making an application please contact in confidence: Michelle Vigo, michelle.vigo@treasury.nsw.gov.au


Applications close: AEST 9:59am Monday 23rd November 2020