Associate Portfolio Manager – Macro Rates

About the role

AustralianSuper is seeking an Associate Portfolio Manager to support its Macro Rates team. Reporting to the Head of Macro Rates, you will develop investment recommendations across selected developed and developing market exposures within the Fixed Income and Currencies (FIC) macro fundamental strategy.

Key responsibilities

• Develop investment recommendations for active duration, curve and country relative‑value positions.
• Conduct macroeconomic research on selected economies and assess financial‑market implications for interest‑rate exposures.
• Prepare periodic management reports on strategy, exposure, portfolio activity and performance.
• Contribute to committee papers and internal forums on macroeconomics, financial markets and asset allocation.
• Support the Head of Macro Rates in portfolio construction, risk modelling, performance measurement and attribution analysis.
• Collaborate with the Liquidity & Implementation team to optimise execution, monitor liquidity parameters and RG97 costs.

Required profile

• Experience analysing economies and financial markets, preferably within a bank, institutional investment manager or related organisation.
• Strong macroeconomic analytical skills and solid understanding of investment instruments, especially derivatives.
• Ability to translate macro research into investment recommendations for developed‑market financial markets.
• Superior tertiary qualification in Commerce, Economics, Business, Finance or related field; postgraduate finance qualification (e.g., CFA) is desirable.

Required skills

• Macroeconomic analysis
• Fixed‑income market knowledge
• Derivatives expertise
• Quantitative modelling
• Database management