Sr Quant Researcher, Investment Risk Mgmt

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.

This role does not qualify for employer-sponsored work authorization.  Nationwide does not participate in the Stem OPT Extension program.

Internal Compensation Grade: H5
Location: This position can be filled as Hybrid 3 days a week in Columbus, OH

Key Responsibilities:

• Develop new and enhance current risk models and applications for Nationwide’s investment portfolios that include Fixed Income, Equity, Alternatives, and Derivatives

• Develop quantitative analytics and signals using advanced statistical, quantitative, or econometric techniques to improve the portfolio construction process and improve portfolio performance

• Develop predictive models to inform asset allocation or security selection using machine learning and other quantitative techniques

• Assist in implementation and delivery of analytics to different areas of investments

• Work closely with portfolio managers and traders to perform advanced quantitative analyses and model development, proactively identify emerging risks, and develop tools & applications to enhance the investment process and streamline portfolio management

• Research the best industry practice in risk management and portfolio management, develop insightful risk analytics, and formulate potential hedging recommendation

• 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:

• Self-starter with proven analytical, mathematical, and problem-solving skills

• Strong programing skills including Python, Spark, SQL, or similar programming languages

• Demonstrated expertise in data engineering, with hands-on experience using tools such as Databricks, Azure, or AWS to design, build, and optimize scalable data pipelines and workflows.

• Strong knowledge and understanding of fixed income, investments, and risk analytics

• CFA, FRM, or other similar professional designation desired

• Strong knowledge of machine-learning and its applications a plus

• Strong ability to manipulate and work with large datasets

• Excellent interpersonal and communication skills with the ability to explain complex issues in a concise and understandable manner

• Curious and passionate about investments, quantitative finance, and risk management

• Strong teamwork skills are essential, great attention to detail, and ability to multi-task

• A self-starter, should have an ability to get things done independently in a team environment.

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 for the creation and management of risk analytics projects to solve business problems and objectives. You’ll work strategically and consultatively with business partners across the organization to match quantitative analysis with business needs. We’ll count on you to be the key point of contact, linking business to technical research. It’s imperative that you have both a confirmed understanding of quantitative analytics and that you are able to expertl