Investment Risk Business Partner at Netwealth

About Netwealth

Netwealth is more than a company; it is a catalyst for change, inspiring a new perspective on wealth and a brighter future for everyone involved. Our innovative and award-winning wealth management platform reflects our commitment to excellence and cutting-edge technology.

Founded in 1999, Netwealth has grown rapidly, driven by an entrepreneurial spirit that encourages us to challenge the status quo. Our NextGen superannuation and investment technology exemplify our agile and nimble approach, unburdened by bureaucracy, allowing us to adapt quickly to meet the needs of our clients.

At Netwealth, our team is our greatest asset. We are a collective of passionate individuals dedicated to making life better for more Australians. Our values—Curious, Optimistic, Courageous, Collaborative, Agile, and Genuine—are the guiding principles that shape our decisions and define how we present ourselves to the world. Join us in our mission and become part of a team that not only envisions a better future but actively works to create it.

The opportunity

We're seeking an Investment Risk Business Partner to join our Risk and Compliance team, reporting to the Head of Risk and Compliance Advisory. This is a pivotal role for someone who has deep investment risk experience and thrives on driving meaningful change across our investment risk landscape.

Working alongside the General Manager Investment Governance and Research and other R&C Business Partners, you'll play a key role in providing subject matter expertise in relation to investments and investment risk, provide independent check and challenge to support Netwealth to maintain the highest standards as we continue to grow and innovate.

As a second line risk professional, you'll be responsible for providing independent oversight and challenge to investment-related activities, helping to ensure our investment governance frameworks remain robust, fit-for-purpose, and aligned with regulatory expectations.

Your strong knowledge of a broad range of investment classes, including those targeted for retail, sophisticated and wholesale investors will contribute to monitoring and assessment of the investment risk environment including providing advice on relevant controls, risk mitigation strategies and emerging risks in investment risk more broadly.

This role offers genuine opportunity to make an impact on how we manage investment risk across the platform.

About you

You're a strategic thinker who can balance robust risk oversight with pragmatic business partnership. You understand that effective risk management enables better outcomes, and you're passionate about helping the business achieve its objectives within an appropriate risk appetite.

Experience and Qualifications;

• Significant experience in investment risk management, ideally within a Line 2 risk function

• Strong understanding of investment risk frameworks, investment classes, and regulatory requirements

• Experience working with investment products, platforms, or wealth management businesses

• Proven ability to partner effectively with business units while maintaining independence

• Tertiary qualifications in finance, risk management, or related discipline

• Professional certifications (CFS, FRM or Risk Mgmt quals)

• Knowledge of APRA, ASIC and relevant regulatory requirements, for investment platforms

• Prior experience working with managed accounts, investment menus, private markets, alternative assets

Life At Netwealth

At Netwealth, our people are our greatest strength. We invest in our employees at every stage of life because when you're at your best, so are we.

We’re committed to your growth, offering access to further education, diverse training opportunities, and strong support for career development. We’re proud to be recognised as one of the top 5 companies in Australia for Career Development, endorsed by WORK180.

We’re big on internal mobility. In fact, 32% of roles filled in 2023 went to our own people.

Our flexible hybrid working model encourages balance, with the expectation of 4 days in the office each fortnight. Our state-of-the-art Melbourne CBD office includes modern end-of-trip facilities and daily breakfast to support your commute and wellbeing.

We offer a range of benefits focused on health, wellbeing, and personal development, including:

• Family-friendly support: Paid parental leave and a fully funded school holiday program

• Wellness perks: CU Health (virtual healthcare), income protection, flu shots, wellness weeks, retail discounts, and financial wellbeing services

• A vibrant culture: Social events, trivia nights, and corporate sports

• Employee Resource Groups: LGBTQIA+, DAWN (Developing and Accelerating Women at Netwealth), Culture Group, and Carers Group

• Community impact: Paid volunteering and our Netwealth Impact Group

Apply now!

We’re proud of our inclusive and diverse workforce and encourage everyone to bring their genuine selves to work. It’s one of our core values. We’re committed to equity and inclusion through our gender equality, disability, LGBTQIA+, wellbeing, and cultural initiatives. We’re also proudly certified by Work180, Family Friendly Workplaces, and Great Place to Work.

If you're excited about this opportunity but don’t meet every requirement, we still encourage you to apply. Research shows that people often hesitate unless they meet every single qualification. We value potential and passion just as much.

If you require any reasonable adjustments during the recruitment process, please contact us at [email protected].