Senior Derivatives/Asset Risk Analyst, Investments Risk
Requistion: HQ15717
Interest Category: Risk Management
Business Unit: Headquarters
Description: COMPANY
Genworth Financial, Inc. (NYSE: GNW) is a leading Fortune 500 insurance holding company dedicated to helping people secure their financial lives, families and futures. Headquartered in Richmond, VA, Genworth has approximately 6,400 employees operating through three divisions around the world. For more information on employment opportunities, please visit genworth.com/employment.
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.
SUMMARY
This position will report to the Director, Asset Risk Management, and support Investments Risk, Asset Management, Portfolio Management and other teams throughout the Investments organization. The role will assist in the analysis of the investment portfolio including derivatives, credit and portfolio risk management and will provide support for both the Risk and Investments organizations.
RESPONSIBILITIES
• Proactively monitor, analyze and report on derivatives risk, including collateral sufficiency, stress test results, counterparty concentrations, risk limits, operational issues, Dodd-Frank compliance, etc.
• Provide support to Investments Risk through analysis and reporting of the fixed income investments portfolio. This includes concentration risk, bubble indicators, CVAR, benchmarking, economic capital, stress tests, and compliance with purchase standards/limits.
• Play a lead role in the adoption of cutting edge analytical techniques/systems to support derivative, credit and portfolio risk management within the Investments Risk function.
• Reduce manual processes through automation of analytics and reporting functions.
• Support development of risk management infrastructure, including functional specification, acceptance testing, etc.
• Provide independent analysis and reporting for various risks (credit, liquidity, operating) and sectors within the investments portfolio.
• Contribute to reporting and analytics build covering credit, market, liquidity and counterparty risk.
• Perform scenario analyses including stress testing, sensitivity and worst case to assess portfolio exposure to credit and market factors.
• Develop working knowledge of multiple data and tracking systems and be able to access and manipulate system data.
• Stay current with trends and new approaches/techniques for derivative and credit risk management within the financial services industry, and be proactive in enhancing approaches within Investments Risk.
BASIC QUALIFICATIONS
• Bachelors Degree in a quantitative discipline
• 5+ years of fixed income and derivatives expertise in an investment, trading or risk management function
• Deep understanding and demonstrated experience in credit risk, derivatives and fixed income instruments
• Model development, back-testing and evaluation experience
• Strong knowledge of investment products, strategies and markets
• Exemplary quantitative capabilities and demonstrated analytical skills
• Very strong modeling and data skills, including Excel, Access, VBA, SQL, etc.
• Strong verbal and written communication skills
• Strong academic credentials; MBA or CFA required; FRM or PRM designations desired
PREFERRED QUALIFICATIONS
• Insurance or buy-side experience
• Masters or Ph.D in a quantitative discipline
Apply Here: http://www.Click2Apply.net/ky6m2k5
Leave a Reply
You must be logged in to post a comment.