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Associate, Quantitative Risk Analyst

The Company:  Aflac Asset Mgt. LLC
The Location: 

New York City, NY, US, 10005

The Division:  Global Investment
Job Id:  2104

  
 

About Our Company

Aflac Global Investments located in the NYC downtown financial district and is the organization who’s responsible for the overall investment activities of Aflac, Inc. With more than 100 employees in US (New York) and Japan (Tokyo); Aflac’s Global Investments organization seeks to maximize risk-adjusted returns subject to our liability profile and capital requirements and generates in excess of $3.0 billion a year in net investment income.  As of December 31, 2020, Aflac total investments and cash were $149.8 billion compared to $138.1 billion at December 31, 2019 and $126.2 billion at December 31, 2018; with stable annual revenues of more than $22 billion for the last three years.   

 

POSITION SUMMARY

Working as a member of Aflac Global Investments (GI) and the Global Investments Risk Management (GIRM) team, participate in the delivery of second line risk management and associated analytics for investment and investment related activities in Aflac’s subsidiary, Aflac Asset Management LLC (AAMLLC).  Collaborate on the development, implementation and validation of the division’s investment risk, capital, asset and liability management (ALM) models.   Support the enhancement of the investment risk framework to ensure robust identification, assessment, measurement and monitoring of key risks.

 

KEY RELATIONSHIPS

Reports to: Head of Quantitative and Financial Risk

Primary Relationships:  GIRM team members, Quantitative Analytic Solutions team, GI information technology, GI business leaders and staff, Enterprise Risk Management, business partners including Accounting, Tax, Legal, Actuarial, Treasury, Compliance, and GI Investments team
 

Reports to:              .               OVERALL RESPONSIBILITIES

  •  Collaborate with GIRM teams members to perform second line comprehensive risk analyses across investment risks to ensure compliance with the firm’s risk appetites, tolerances and investment risk limits
  • Work closely with Quantitative Analytic Solutions team to validate and calibrate models for implementation in division’s investment risk, capital, asset and liability management (ALM) framework
  • Provide quantitative support and business insight to GI business leaders and staff for different investment and risk management decisions, through analyses of financial impacts due to exposures in market risk, credit risk, asset/liability risk and / or operational risk
  • Provide documentation and validation of models and calibration techniques
  • Assist with the management of code repository and source codes for all analytics performed by GIRM
  • Collaborate with GIRM’s technologists to ensure models are efficient and robust as deployed into production
  • Participate in the production and presentation of oral and written analyses and concepts, including management recommendations

 

CANDIDATE QUALIFICATIONS

  •  1+ years of relevant work experience in financial services risk management (preferably life insurance), either in industry, or as a consultant
  • Master’s Degree in Quantitative Finance, Financial Mathematics, Financial Engineering, Actuarial Science, Physics or Computer Science or other related field is desirable
  • CFA, FRM, Actuarial credentials or similar investment risk management credentials a plus
  • Comprehensive understanding of applications of financial mathematics, statistical methods, quantitative return and risk analytics to investment oriented business problems
  • Ideally some experience, but at a minimum strong theoretical understanding in valuation, stress testing and quantitative analytics for asset structures
  • Strong model development experience in programming languages such as C#, Python, and VBA is a must
  • Strong analytical and critical thinking skills is a must
  • Strong verbal and written communication skills
  • Highly organized with the ability to work on multiple projects with different deadlines
  • Team player

 

Pursuant to Aflac’s COVID-19 mitigation protocols and the December 13, 2021 Order from New York City Commissioner of Health and Mental Hygiene, individuals must be fully vaccinated upon commencing employment, subject to legally required exemptions.

 

We will consider for employment all qualified applicants, including those with a criminal history, in a manner consistent with the requirements of all applicable federal, state, and local laws, including the Los Angeles Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and the New York City Fair Chance Act. Applicants with criminal histories are encouraged to apply.


Nearest Major Market: Manhattan
Nearest Secondary Market: New York City