Senior Investment Risk Analyst, Fixed Income

As a team member in the Finance department at Nationwide, the opportunities are endless! You can grow and learn in diverse areas across many disciplines such as Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, Critical Business Advisor, Internal Audit, and so much more. Let Nationwide help create your career journey! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

Key Responsibilities:

• Develop and maintain quantitative analytics using advanced statistical, quantitative, or econometric techniques to enhance portfolio risk management and optimize portfolio construction
• Assist in implementation and delivery of analytics to different areas of risk and investments
• Perform advanced quantitative analyses and model development, proactively identify emerging risks, and develop tools & applications to enhance the investment and risk management process
• Research the best industry practice in risk management and portfolio management, develop insightful risk analytics, and formulate potential hedging recommendations
• Keep abreast of current financial markets, macro events, industry trends, trading activity, and regulatory developments; connect them to the potential impact on portfolio risks
• Conduct scenario analysis/Stress Test/Cycle Analysis/Factor Analysis/Performance Attribution to provide insights on portfolio risks/returns, asset allocation, and sector allocation
• Experience: 5 years+ of investment/risk management/quantitative modeling experience. Graduate work may be substituted for work experience as appropriate.

Knowledge, Abilities and Skills:

• Candidates must possess a strong foundational knowledge of fixed income securities and markets, particularly from a portfolio risk perspective. The ideal candidate will have experience performing data-driven risk analysis on fixed income portfolios, including evaluating aggregate exposures to interest rate, credit, and liquidity risk. Thorough understanding of risk metrics like duration and convexity, as well as experience with portfolio-level stress testing and scenario analysis, is essential for this role.
• This role requires strong quantitative aptitude and an analytical mindset, with a proven ability to solve complex problems using a data-driven approach. We are looking for a logical thinker who can creatively structure an analysis, apply appropriate statistical methods, and interpret results to generate meaningful risk insights. While prior experience with specific programming languages or analytical platforms is a plus, a demonstrated capacity to quickly learn and apply new technical tools and modeling techniques is paramount.
• Exceptional written and verbal communication skills are non-negotiable, as the role requires presenting complex quantitative analysis to various stakeholders, including senior management and portfolio managers. The candidate must be able to distill intricate analytical findings into clear, concise, and actionable insights. This involves creating compelling presentations and reports that effectively convey risk exposures and their potential impact on the portfolio.

• Progress towards CFA, FRM, or other similar professional designations desired
• Strong teamwork skills are essential, great attention to detail, and ability to multi-task

This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.

This position will be hired on a SuccessFlex basis.

The hired associate must reside within 35 miles of the following location:

Columbus: One Nationwide Plaza, Columbus OH, 43215

Work schedule: 3 days in office, 2 days remote.

Relocation offered.

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Job Description Summary

Do you have the desire to play a critical role in driving data-based business outcomes? Nationwide has been using data to serve our members and drive business outcomes for almost 100 years. Our industry-leading workforce accepts an agile work environment and a collaborative culture to deliver outstanding solutions and results. Our Risk Analytics professionals play a key role in transforming quantitative data analysis into meaningful insights that drive business results. Specifically, they serve as the conduit joining quantitative risk analysts to business partners.

As a Senior Consultant, you’ll be responsible fo