Valuations Analyst

Challenger Limited is an ASX-listed investment management firm managing $123.9 billion in assets (as at 30 June 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.

Valuations Analyst – Sydney

• We’ve created a brand-new role to strengthen how we independently validate private debt pricing

• Sitting alongside the Quant team, you’ll be the control point that keeps pricing accurate, on time, and defensible.

• If you like being the person who spots issues early, gets the detail right, and keeps everyone honest, this is very much your lane.

• We work flexibly from our Sydney CBD Office (Typically 3 days in office, 2 from home).

About the role

You’ll join a high‑performing team within the COO Office, working closely with our Quantitative specialists and investment teams to keep pricing accurate, timely and defensible. As the independent control point, you’ll own pricing governance, daily unit pricing and month‑end reporting to the Valuation Committee.

You’ll also apply fixed income valuation techniques across private debt and related instruments, ensuring every number stands up to scrutiny.

If you thrive on detail, enjoy solving valuation puzzles under tight deadlines, and like partnering with portfolio managers and external providers, this role will suit you perfectly.

What you’ll be across day-to-day

Daily operations

• Run pre-9:30am checks on private debt pricing and control reports, digging into variances and data mismatches (think static data, curves, odd gaps).

• Handle price-threshold queries from State Street and our PMs as they come up - and keep things moving

• Book and load trades in Charles River, ironing out any trade-reporting issues before they land in someone else’s inbox.

• Flag issues early with a clear read on impact to unit pricing quality and SLA delivery.

Month-end and governance:

• Pull together clean, reconciled packs for PMs and the Valuation Committee - and present the private debt reporting.

• Make sure final unit pricing reflects every required valuation within the deadlines.

• Present private debt price reporting to the Valuation Committee and implement directed pricing in internal systems.

• Support semi-annual sensitivity work and any ad-hoc pricing investigations.

Technical / financial work:

• Maintain and troubleshoot models and reporting using advanced Excel (Power Query, macros, formulas).

• Apply fixed income valuation methods (discounted cash flow, curve-based pricing, spread adjustments) across private debt and related instruments

• Understand bond maths and how rate moves and credit spreads impact valuations.

Skills & experience you will need

You’ve got middle-office or fixed-income operations experience (bank, asset manager, investment admin) and ideally have exposure to private debt instruments.

You’ll also have exposure to fixed income products and valuation (private debt, bonds, securitised credit) and the ability to interpret pricing models and market data.

As well as:

• Advanced Excel skills (Power Query, macros), data querying and reconciliation

• Exposure to SQL or similar query languages for data extraction and validation (nice-to-have)

• Experience supporting governance processes (e.g. Valuation Committees) is advantageous

• Your eye for detail is sharp, and you’re the kind of person who won’t move on until the numbers tie out

• You communicate clearly, partner well with busy stakeholders, and know when to push back

• Comfort working under strict SLAs and regulatory oversight

Additional Information

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.

• Competitive 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.

https://www.challenger.com.au/about-us/careers/our-benefits

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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 :

01/02/2026