Specialist Advisor- Strategy and Advisory
Specialist Advisor - Risk Policy and Compliance
Australia Australian Office of Financial Management
Canberra
(2 positions)

The Australian Office of Financial Management is a specialist agency within the Treasury portfolio. It is responsible for all aspects of the Commonwealth debt management task, including providing advice on Commonwealth debt management policy to the Treasurer. The agency's operations cover the issue of various borrowing instruments, the strategic formulation and undertaking of portfolio management, including through swap transactions, the administration of Commonwealth Government securities, and the assessment of the budgetary cost of the Commonwealth's net debt portfolio.

Vacancies currently exist within the AOFM for Specialist Advisor positions, with accountabilities extending across the newly created Treasury Services Group, Strategy and Advisory Group and Risk Policy and Compliance Group. The AOFM is seeking expressions of interest from highly experienced individuals for appointment to these positions.

The Specialist Advisor, Strategy and Advisory, will provide high-level technical advice to the Director, Strategy and Advisory Group in nominated areas and, as required, to the Director, Treasury Services Group. The successful applicant will undertake projects as assigned and provide expert guidance and input to liability risk issues, risk analysis, credit risk management and the review and ongoing development of liability benchmarks. The incumbent will also be required to liaise closely with and assist the Practice Leaders and staff of both the Strategy and Advisory, and Treasury Services Groups.

The Specialist Advisor, Risk Policy and Compliance, will provide high-level technical advice to the Director, Risk Policy and Compliance Group in nominated areas, and, as required, to the Director, Strategy and Advisory Group. The successful applicant will undertake projects as assigned and provide expert guidance and input to all aspects of risk policy and compliance. A particular focus will be on Risk Control and Reporting to reflect 'best practice' standards, and on Balance Sheet and Portfolio Risk management issues. The position will also require close liaison with, and assistance for, Practice Leaders, Senior Analysts and Analysts in areas of Risk Policy, Balance Sheet Policy and Risk Control and Reporting.

For both positions a coaching (skills transfer) role for staff is also envisaged. The successful candidate will possess a blend of: strong communication skills and ability to operate effectively within a public sector environment; comprehensive understanding of domestic and international capital markets as they relate to debt management and of the public policy responsibilities of a sovereign debt manager; high-level financial modelling skills, proficiency in the application of technical tools to debt management and experience in the application of modern portfolio theory to the management of financial risk; and ability to make and effective contribution to the further development of corporate risk management expertise.

Interested parties must be Australian citizens. However applicants who have permanent resident status may be appointed on probation pending the granting of Australian citizenship. Remuneration An attractive remuneration package and benefits, commensurate with the responsibilities and accountabilities of the positions and the calibre of the people sought, will be negotiated under and Australian Workplace Agreement.

Term of Appointment
The appointments will be under the Public Service Act 1999 to Executive Level 2 positions. Successful candidates will be appointed for a specified term, with existing Australian Public Servants being employed on promotion or transfer.

Expressions of Interest
Expressions of interest should be forwarded to: Chief Executive Officer Australian Office of Financial Management Treasury Building Langton Crescent Parkes ACT 2600 and should contain particulars of qualifications and experience, details of referees and details of all relevant claims for appointment.

The position descriptions and formal selection criteria can be obtained by phoning (02) 6263 3061. Further information about the positions is available from Mr Mike Allen on (02) 6263 2713.

Closing date 27 April 2001