Senior Derivative Analyst II – VA Operations recruitment
The team is responsible for the daily production and delivery of hedge mandates to the execution team in GDH in order to mitigate capital market risk for primarily VA products sold by AEGON companies throughout the world. This team is responsible for the design, development, maintenance and operation of the processes associated with the liability modeling making use of the raw liability data provided by the associated business units. Additionally the team is responsible for the design, development, maintenance and operation of attribution reports which are used both internally to support trading positions, and externally to monitor hedge performance versus mandates. In this particular position, you will be responsible for senior level contributions to the Operations team and helping to lead the procedural redesign of both production and attribution systems and reports. You will interact with colleagues in GDH in both our Execution team, to ensure proper delivery of daily hedging mandates, and our Analytics team, to ensure up to date liability models are used.
DUTIES:
- Maintain and operate daily procedures for Global Products to ensure timely delivery of both hedging mandates and attribution reports.
- Support the design, development, and implementation of the systems used in the daily operations in order to reduce human interaction and improve speed of operations from delivery of raw liability information to GDH through to hedge mandate delivery to Execution team.
- Work independently with GDH colleagues to support internal AEGON clients and AAM’s General Account Portfolio Risk Management team in the design and implementation of periodic asset and liability reports to improve understanding of hedging performance relative both to agreed upon benchmarks as well as additional metrics relevant for clients.
- Work independently with GDH colleagues to assess new opportunities throughout company for use of Global Products platform to help reduce AEGON’s risk exposure.
CANDIDATE SKILLS PROFILE:
- Ability to operate, design, develop, maintain and monitor different IT systems used in the daily production operations independently.
- Good communication skills with the ability to interact effectively throughout a large, complex, global financial institution
- Ability to explain complex ideas and concepts behind models/systems, as well as an ability to understand complex ideas and translate those ideas into models/systems.
Education/Training/Enfironmental:
- Requires a BA degree and 7 years of Investment experience preferably related to hedging equity linked guarantees in Insurance Liabilities or a Graduate Degree and 4 years of experience.
- Must possess good business understanding of investments.
- Must possess ability to develop computer programs or other tools to perform calculations or data manipulation.
- Requires Computer programming skills (Visual Basic, C++, SQL) or mathematical modeling skills or risk analysis experience.
- CFA, FRM, ASA desired but not required
Please hit APPLY ONLINE below and submit Resume