Investment Manager in Melbourne

More than one million Australians trust us with their money, and that trust shapes how we work every day. Our members sit at the centre of everything we do, guiding our decisions and the impact we strive to make. We’re looking for people who are purpose-driven and accountable, who value inclusion and collaboration, and who are proactive in managing risk to protect our members’ long-term outcomes. In return, you’ll be part of an organisation where your work contributes to strong returns, real-world impact, and a culture that reflects the communities our members serve.

HESTA is seeking an Investment Manager – Property. This role involves day-to-day oversight of the Property investment program and contributes to asset class strategy development. This is a role for an experienced property investment professional who can drive business strategy initiatives and work with external investment relationships in the property asset class including strong oversight of external partners, while also leading and developing a team of Associates.

Reporting to the General Manager – Property and working collaboratively with team members across the integrated unlisted assets platform including Property, Infrastructure and Private Equity, this role carries genuine influence over how HESTA’s Property strategy is shaped and delivered, alongside real governance responsibility, including representation on advisory committees, boards or in board observer positions where applicable.

What you’ll be doing:

• Participate in the development of Property asset class investment strategy and presenting to the Investment Committee as required, including annual asset class reviews.
• Managing new investment commitments in the Property asset class, including sourcing and executing co-investment and direct investment opportunities through HESTA’s manager and advisor networks.
• Leading management and monitoring of external investment relationships, including oversight of investment performance and consistency with agreed strategy.
• Working with HESTA’s Responsible Investment team and investment managers to implement and develop ESG policies within the Property portfolio.
• Leading and developing a team of Associates, including performance and development planning, coaching and fostering a collaborative team culture both within the Property team and across the broader unlisted assets team.

What you’ll bring:

• Significant investment experience in the Property sector, including origination, due diligence, execution and management of co-investments or direct investments, gained in funds management, superannuation or advisory.
• Experience analysing fund managers and multi-manager investment portfolios.
• Technical investment analysis skills.
• Experience coordinating multiple stakeholders and workstreams within strict deadlines across a range of investment transaction deliverables.
• Experience developing investment governance and approval frameworks for direct investments.
• A collaborative approach to working with people and the ability to lead and develop a team of Associates.

Benefits that matter and make a difference for our employees:

• Leave for those moments that matter, an additional 6 days of leave at the end of year, up to 6 days paid volunteer leave, gender neutral paid parental leave of 20 weeks.
• Your Professional development matters, up to $5k per year professional development and up to 8 days professional development leave, HESTA scholarships and free access to a range of premium learning tools.
• Your health and wellbeing matters, free annual flu shots and skin checks, incredible social events throughout the year and a comprehensive employee assistance program available 24/7.
• Your financial wellbeing matters, up to 15% super, financial planning support, end of year payment for all Enterprise Agreement-covered employees, incentivised Employee Referral Program and novated lease options.

We celebrate, value and include people of all backgrounds, genders, identities, cultures and abilities. We welcome and support applications from First Nations people, physically, neuro or culturally diverse, LGBTQI+, and people of any age. We are proud to be WGEA accredited as an Employer of Choice for Gender Equity.

We want all candidates to feel safe, included and provided with the best opportunity to thrive. If you require reasonable adjustments during your application or throughout the recruitment process, please reach out to a member of the Talent team at careers@hesta.com.au and we’ll call you to discuss.