Portfolio Analyst, Portfolio Managment recruitment
Description:
Led by our Chief Investment Officer, the Investment Department manages over $70 billion consolidated investment portfolio and consists of more than 100 investment professionals focused on portfolio management, risk management, asset management, derivatives, operations, finance and accounting functions.
RESPONSIBILITIES:
Prepare analytics, cash flow sensitivities, asset projections and asset modeling on both a recurring and ad hoc project basis, to support pricing, annual and multi-year projection processes, using a variety of tools and investment systems under an ALM framework. Work with Portfolio Managers and business lines to optimize pricing and in-force portfolios that will deliver targeted income and return on equity objectives within acceptable risk/return space. Support implementation of investment strategy, process improvements, and preparation of internal presentations supporting portfolio actions and initiatives.
Business Segment Portfolio Responsibilities:
• Work within overall Investments team to support total Genworth global investment strategy, asset allocation, and business objectives, including pricing and product development
• Work with the businesses to ensure invested assets are modeled appropriately to support scenario analysis, annual projection processes such as multi-year plans, cash flow testing, recoverability testing, etc., under an ALM framework
• Interface and partner with investment professionals, finance, IT, insurance product teams, to bring about desired outcomes
• Ensure reinvestment and disinvestment strategies are included appropriately and reflect current and expected portfolio management strategies to support business planning activities
• Assist in supporting the execution and tracking of long-term target asset allocation on a recurring basis
• Work on projects and analysis impacting product portfolios, examples include: portfolio optimization, financial implications of different investment strategies or duration changes, risk/return vs. capital analysis, interest rate sensitivities, hedging activities, cash flow sensitivities, etc.
• Support capital markets initiatives and MA activity
BASIC QUALIFICATIONS
• BA/BS in finance, accounting or business administration or equivalent qualification required
• 5+ years experience in fixed income or investment portfolio management
• Working knowledge of asset-liability management within an insurance company framework
• Ability to work independently on significant time-bound projects
• Understand GAAP accounting rules and income drivers of an insurance company
• Demonstrated strong oral and written communication skills
• Demonstrated excellence working in teams, balancing multiple tasks and managing projects and processes (negotiating and listening skills)
• Ability to be effective in a changing, fast paced and demanding environment
• Strong MS Excel asset modeling experience
• Strong critical thinking skills
• Uncompromising ethics and professionalism
PREFERRED QUALIFICATIONS
• CFA / MBA
• Clear examples of executed process improvements and models
• Proficiency on BlackRock Solutions trading platform
• Experience with investment projection / modeling systems