Investment Risk Specialist

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Position Summary

The Investment Risk Specialist will report to the Head of Investment Risk and take on accountability for measuring and reporting on investment risks throughout the global organization. The Investment Risk Specialist is responsible for strengthening our investment risk management framework and investment concentration limits across all assets but with a particular focus on direct lending, other private credit strategies, securitized assets, and private equity format alternative assets. As such the Investment Risk Specialist will oversee policies and limits for Investment risks and ensure that these are implemented and adhered to by the business functions.

Key Accountabilities

• The Investment Risk Specialist's key responsibilities include:
• Establishing processes for Concentration Limits and Aggregate Risk Management.
• Developing Risk Management analytics and tools for direct lending, other private credit strategies, securitized assets, and private equity format alternative assets.
• Refining our Risk Framework to properly reflect investment risks in niche and specialized private credit and securitized assets.
• Develop our Risk Factor Exposure monitoring, including appropriate Risk appetite.
• Ownership of Investment Risk Policies and ensuring that these are reflected in platform policies and monitored for compliance.
• Coordinate the Center and Platform Investment Risk management reporting and comprehensive reviews.
• Work with Investment Management team and external strategic managers to gather information to assess and monitor the risk profile of the Company.
• Provide appropriate stakeholders advice, recommendations, including reporting on implementation of corrective actions and follow-ups related to internal control, risk management and governance.
• Utilize advanced risk assessment tools and methodologies to evaluate the potential impact of various risk scenarios on the investment portfolio.

Qualifications

• Bachelor’s degree in accounting, finance, engineering, mathematics, or related business field (BA and/or certifications (e.g., CPA, CIA, CFSA, etc.)).
• 8+ years of demonstrated background in Portfolio Management or Investment Risk Management in a multi-platform/geography environment
• Certified CFA qualification or similar qualification preferred.
• Relevant life & annuity insurance experience required.
• Demonstrated experience with international insurance regulators and working cohesively across geographies.
• Proven track record of developing analytical tools, i.e. BlackRock Aladdin, and management reporting to better inform decision making.
• Familiarity with standard risk measures and methodologies including concepts like value and capital at risk, scenario- based analysis, stochastic modelling, extreme value theory, risk correlation and covariance measurement, econometric models for risk factor analysis, ALM modelling, standard investment risk metrics such as key rate dollar duration, spread duration, weighted average rating factors, credit migration and default behavior, expected loss, etc.
• Familiarity with public and private debt and equity instruments, particularly direct or mid-market lending, real estate loans, asset backed finance, public securitized assets such as CLOs, CMBS, RMBS and ABS, infrastructure debt and equity, interest rate, foreign exchange and equity derivatives including cross currency basis swaps, securities lending and repo and draw down limited partnership funds.

Experience

• Exposure to complexities in Investment Risk processes with a thorough understanding of organizational governance, risk, and controls.
• Proven track record of developing analytical tools and management reporting to better inform decision making.
• Ability to persuade and motivate others through collaboration and cooperation.
• Ability to demonstrate high standards of conduct and ethics as well as appropriate judgment, independence, and discretion.
• Ability to work within a Group of locally regulated entities to ensure both local and group regulation and governance are respected.

Location: NYC or West Chester, PA office (generally 2-3 days/week in the office, may be more)

Resolution Life US is committed to disclosing a reasonable estimate of the base salary for our job roles. These estimates consider a wide range of factors in making base salary decisions, including but not limited to skill sets; experience and training; licensure and certificati