Challenger Limited is an ASX-listed investment management firm managing $128.2 billion in assets (as at 31 December 2025) . Life with us is fast moving and always exciting. Together we’re driving to deliver our vision to provide our customers with financial security for a better retirement. We achieve this goal by providing a work environment where people from diverse backgrounds, with a range of skills and experiences can contribute and succeed. About Challenger Investment Management Challenger Investment Management (CIM), a wholly owned subsidiary of Challenger Limited, is an alternative investment manager with a strong reputation in global developed credit markets. CIM Fixed Income manages approximately $16.4 billion in funds across a global opportunity set in public and private credit markets. The team originates, structures and manages asset backed equity and debt investments across whole loan portfolios, securitisation transactions, and bespoke private credit opportunities. The team works directly with originators, sponsors and corporates to deploy capital into residential mortgages, commercial real estate, asset-backed finance and contract receivables. The Role We are looking for a n Analyst to join our Whole Loan team in Sydney. This is a hands-on, technically demanding role that sits at the intersection of financial modelling and investment execution. As our Investment Analyst you will build and maintain cashflow models for both the asset side and the liability side. You will develop these models in Excel for day-to-day deal work and replicate them in a programming language to enable cross-validation, automation and scalability. Beyond modelling, you will work with large loan-level datasets to analyse historical asset performance, identify trends and drivers, and build forecasting tools that inform investment decisions. You will also be responsible for developing reporting and monitoring frameworks for the team's existing investment portfolio. This role will suit someone who is technically strong, intellectually curious, and wants direct exposure to live transactions and real investment outcomes. You will work closely with Portfolio Managers, Analysts and deal teams throughout the transaction lifecycle. Key Responsibilities Build, maintain and enhance asset cashflow and securitisation waterfall models in Excel, with replication and automation in Python. Develop valuation, pricing and stress-testing tools to support investment decisions across RMBS, CRE, ABS and receivables portfolios. Partner closely with deal teams to assess pricing, credit enhancement and structural features on live transactions. Analyse large, complex loan-level datasets to identify performance trends, key risk drivers and value indicators. Develop quantitative models to forecast cashflows, prepayments, delinquencies and losses across asset classes and vintages. Improve analytical workflows and data pipelines to increase efficiency and repeatability of portfolio analysis. Deliver portfolio monitoring, performance analysis and risk reporting for internal stakeholders. Support investor-ready reporting and due diligence materials. Skills & Experience Tertiary qualification in finance, mathematics, statistics, engineering, computer science or a related quantitative discipline. Experience in a quantitative or analytical role within financial services (structured finance, private credit, securitisation or similar). Proficiency in Python or an equivalent language for financial modelling, data analysis and automation. Experience modelling securitisation waterfall structures, RMBS, ABS or whole loan portfolios. CFA qualification, or progress towards a CFA or relevant postgraduate qualification. Why Challenger? At Challenger, we’re small enough to be agile, but big enough to accelerate bold ideas. We support your growth and development, offering flexibility and a culture that values your unique contributions. Discretionary bonus scheme 18 weeks paid parental leave for all new parents Challenger Day – one extra day off every year in recognition of the effort our people make. Additional support leave (fertility, gender affirmation) Extra superannuation contributions Employee share plan Employee Assistance Programme Subsidised on-site café and central location near Martin Place Metro Access to free onsite yoga, mindfulness and Pilates classes. Access to annual free flu shots. Explore our benefits further: https://www.challenger.com.au/about-us/careers/our-benefits LI- GW 1 LI-Challenger LI-Hybri d Challenger's employee value proposition guides how we work: Grow and realise your potential, supporting each other, stronger together and making things happen. Our culture encourages curiosity, considered thinking and meaningful contribution, with opportunities to build a broad and rewarding career. We are committed to fostering a safe, inclusive and respectful workplace where people of all backgrounds, identities and ways of thinking can thrive, and promoting flexible working to support work-life balance. Challenger is proud to be a Workplace Gender Equality Agency (WGEA) Employer of Choice for Gender Equality, a Family Friendly Workplace and recognised as a Bronze Employer in the Australian Workplace Equality Index (AWEI), the national benchmark for LGBTQ workplace inclusion. Job type: Permanent Posting Close Date : 06/03/2026
