Associate / Snr Associate – Institutional Funds

South Yarra, AU

Company Description

About Octopus:

At Octopus, we’re transforming the industries we operate in and improving the lives of millions of people. We’ve built market-leading positions in a number of specialist sectors, including smaller company financing, renewable energy, healthcare and property finance. We employ in excess of 750 people and manage more than £12.6 billion on behalf of more than 50,000 investors. Our products don’t just help real people solve real life problems, they also make a positive impact on the world around us.

From a standing start in 2010, Octopus grew its energy business rapidly to become Europe’s largest non-utility renewable energy investor (Octopus Energy Generation) with investments in solar, wind, biomass, landfill gas, and gas peaking plants. The managed portfolio now consists of over 350 utility scale energy sites across Europe totalling $6bn in value and 2.3GW in capacity. Additionally, Octopus haw one of the fastest growing energy retail businesses in the UK, Octopus Energy, with almost 2 million customers.

In January 2018, an office was opened in Melbourne to take advantage of a rapidly growing renewable energy investment market. We have invested in the 333 MW Darlington Point Solar Farm and the 180 MW Dulacca Wind Farm. Plus we have a number of development projects and a strong national pipeline of projects across solar, wind and grid battery storage.

Institutional fundraising is ongoing in Australia and beyond with several Octopus investors interested in deploying significant funds in the market. In July 2022 we launched both our institutional and wholesale funds, OASIS and OREO, and we have targets and ambitions to deploy $500m + per annum as we broaden out from solar to wind, storage and any other viable renewable energy technologies. In May 2020, Origin Energy acquired a 20% stake in the Octopus Energy retail business and licenced the customer management platform. This provides a platform for further growth in Australia, enhancing the Octopus brand and opening up new opportunities for routes to market for renewable energy generation. The team in Australia consists of >25 across Melbourne, Sydney, Adelaide and Auckland.

More broadly, the Octopus Group incorporates Octopus Real Estate, Octopus Ventures and Octopus Labs. Our aim is to have an impact in everything we do, and to make a vital contribution to the economies in which we operate by helping people, companies and institutions generate wealth. And we’re always on the look-out for smart, talented people who share our values.

The Brand – Octopus Australia – Closer to the Assets:

The Octopus Australia team here has big ambitions to become the main catalyst in Australia’s transition to renewable energy by being the premier developer/owner/operator of renewable energy assets in Australia. Our strategy for doing so is to bring all the key stakeholders (the community, government, energy buyers, and investors) in a renewables project “closer to the assets” in which they are involved. This means bringing transparency and openness to the longterm services, benefits and returns these assets provide. Alignment of these stakeholders we believe brings the greatest value to investors and will build Octopus Australia into a 100-year business.

Job Description

About the Role

About the role:

We’re looking for an Associate / Senior Associate to work within the Funds team reporting to the Head of Institutional Products. The role can either be Melbourne or Sydney based.

The successful candidate will be a critical member of the team helping to grow our funds and investor base and provide a best-in-class experience for all our key internal and external stakeholders.

Core responsibilities will include:

  • Being an important point-of-contact for our institutional investor relationships, able to maintain and build upon the team’s networks
  • Become an expert on the institutional landscape, understanding the key decision drivers for investors and how we can position Octopus and our funds to be their partner of choice in Australia’s transition to renewable energy
  • Develop and maintain investor reporting and other communications that will be used to enhance our standing within the market
  • Being able to synthesise and translate complex and technical information into information that investors understand and find useful
  • Be a source of investor intelligence for the broader Octopus team, helping to shape the portfolio and consider new opportunities within the market



Ideally, you’ll have some or all of the following qualifications, skills and job-related experience

  • An understanding of the due diligence / ratings process undertaken by institutional asset consultants
  • An understanding of the Australian superannuation landscape and how they make investment decisions
  • An understanding of infrastructure, unlisted assets and/or real assets and how they interact with the rest of an investor’s portfolio
  • An understanding of the funds management industry
  • Working knowledge of different fund structures and key terms within documentation that are important to investors
  • An understanding of the broad regulatory and governance environment that super funds operate in
  • Must be comfortable using technology and leveraging digital applications and media platforms 3 You may have gained these skills through your previous experience at organisations such as an asset consultant, superannuation fund, or funds management business, though we are open to considering candidates from a diverse range of backgrounds.    

And to really stand out from the crowd, you will display the following qualities and characteristics:

  • A self-starter and willingness to learn
  • Strong communication, stakeholder management and interpersonal skills
  • Strong attention to detail
  • An enthusiastic approach to tasks and challenges
  • Customer obsession – understanding how being in a customer centred business leads to long term sustainability


Additional Information


Our Values and DNA

At Octopus we don't just focus on what we do but also how we do it. Everyone shares our values of being straightforward, helpful and bold. And while these are the fundamentals that guide us as an organisation, our DNA goes even further, by revealing our inner strengths:

  • We are loyal: we fully buy-in to the company's vision and believe in everything that Octopus stands for.
  • We are respectful: we live and breathe the Octopus values of being helpful, straightforward and bold.
  • We are resilient: we have an inner strength that means we never give in.
  • We are intellectually curious: we seek to understand how the world works and were always learning, adapting and improving.
  • We understand who our customers are: and because we know them really well, we always give them our very best.

Octopus Australia 8 cultural norms

  1. Meetings – we understand people’s time is precise Meetings should be planned before putting in the diary. We like meetings to start and end on time and have a clear agenda circulated in advance. Default 30mins max. Be frugal on who attends and those attending should be present (not distracted by their IT)
  2. Feedback and question everything Everyone to contribute with an equal voice. We value constructive conflict and understand we have an obligation to speak up if something just isn’t right.
  3. Face to face interaction is key to building a strong team connection We like to grab every opportunity to meet face to face and start each conversation with “How are you?”. We are also great at asking for help and sharing problems. We love flexible working but we also choose to work in the office a minimum of 3 days per week.
  4. WEACH day (or Work Elsewhere and Clear Head day) – means no meetings on Wednesdays please. WEACH day is our day to reflect, think of a new business idea, our career development, paint a picture, take the kids to school, take our partners out for brunch, go for a run.
  5. We are ambitious We talk openly with our managers about career development, compensation, training, and what the future holds for our company.
  6. It’s just life! Exercise, family time, hobbies, charity work, social time can all make up part of our normal ‘working’ day at Octopus Australia.
  7. More holidays We take at least 4 weeks holiday minimum every year and our managers actively encourage us to take 5 weeks. If you want more, ask your team!
  8. Less Emails please Reduce where we can and also review who you cc (even check with your colleagues if they want to be in cc). We are not expected to respond to emails over the weekend or after 6pm.

What we offer:

Octopus has built an exciting and inclusive high-performance culture where employees feel empowered. This means we welcome discussions around flexible working hours. We also understand the value of diversity, and we have a team dedicated to promoting gender, ethnic, socio-economic, LGBT and disability equality, to make sure we back up our words with actions. All Octopus employees are given the opportunity to develop new skills, aim higher and accelerate their careers.