About Us
Established in 1988, Rest is one of Australia’s largest profit-to-member superannuation funds.
We support nearly two million members, with around $75 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.
About the Job
The Senior Associate role will directly assist the Head of Unlisted Valuations and will be responsible for managing valuations and performing oversight activities (such as due diligence and trigger monitoring) for Rest’s A$17 billion in unlisted investments. This role will require strong stakeholder management skills and will work closely with Rest internal investment team as well as external investment managers, valuers and advisors. The Senior Associate will also have the opportunity to present regularly at the Valuation Committee that is chaired by the CFO.
About You:
Key accountabilities/ responsibilities:
- Managing valuation risk by ensuring valuation conclusions are appropriate and we have robust documentation to support our valuation conclusions.
- Active involvement with the Asset Class Investment teams, external managers and external valuers (including Infrastructure, Property, Private Equity and Alternatives) to understand and challenge valuation assumptions, inputs and ensure an independent view.
- Reviewing key valuation metrics and assumptions for consistency across the portfolio and maintain and database thereof.
- Administering the valuation timetable (including the RFP process) and ensure valuations are recorded on a timely basis. Will also need to manage and organise valuation tenders and appointment of external valuers and advisors.
- Researching and developing valuation insights for use in the valuation of unlisted assets.
- Preparing monthly Valuation Papers for the Finance Valuation Committee and presenting papers at the Committee.
Key Relationships
Internal
- Asset Class Investment team
- Operational Due Diligence team
- Financial Reporting team
- Investment Operations team
- ESG team
External
- External investment managers
- External valuers & advisors
- External auditors
- Internal auditors
- Custodian
