VP, Data Strategy & Governance Manager

The Company:  Aflac Asset Mgt. LLC
The Location: 

New York City, NY, US, 10005

The Division:  Global Investment
Job Id:  8073

About Our Company

Aflac Asset Management, LLC, (d.b.a. Aflac Global Investments) is a wholly owned subsidiary of Aflac Incorporated (Aflac). Aflac Global Investments (GI) located in New York’s financial district and is the organization responsible for the overall investment activities of Aflac, Inc. and subsidiaries in Japan, Bermuda, and the U.S.  With 150 employees globally, GI seeks investments to maximize long-term returns with a focus on preservation of capital, subject to our asset-liability profile and liquidity and capital requirements.  GI has primary investment and asset management responsibility for Aflac’s general account consisting of public, private, and growth assets (including strategic partnerships) which generates approximately $3.5 billion a year in net investment income.  As of year-end 2024, Aflac’s total general account portfolio was approximately $100 billion.

 

The investment teams support GI’s overall goals and objectives by providing market insight and in-depth knowledge of assigned asset classes. GI oversees the strategic deployment of capital for life and supplemental health insurance company balance sheets utilizing both internal teams and external third party asset managers.

 

Job Summary

 

Within Aflac Global Investments (GI), a wholly owned subsidiary of Aflac, Inc., the Vice President, Data Strategy and Governance Manager is a member of the Chief Operating Officer Team.  As a member, the individual will work closely with the entire GI team to develop a Global Investments Data Strategy and Governance structure and the management of the investments data.  The individual should possess strong workflow and system processes to increase the efficiency and accuracy of data used by GI investments team.  In addition, having a working knowledge of investments (internally and externally) and the systematic data collection from multiple sources.  Knowledge of data strategy best practices, its governance and controls.  The individual should have a developed understanding of organizational, interpersonal, and communication skills (verbal and written), while knowing your audience(s) and meeting multiple deliverables with highly structured timelines.  

 

Reports to Director, Head of Data Governance

 

GI Business Partners: GI Front Office, Investment Compliance, GI Data Management (Japan), Investment Accounting, Tax, Treasury, Trade Operations and Information Technology globally. 

 

Key Responsibilities

 

  • Work in support of the development of Aflac GI’s global data strategy, enabling timely and trusted data delivery through a scalable operating model (data lineage, provenance, & traceability)
  • Execute and advance global data strategy, providing strong leadership on all aspects of data lifecycle management (data demand, data mastering, data governance, data architecture and data provisioning)
  • Develop and advance data governance structures, create accountabilities and guiding policies, expand the data management scope beyond security master attributes
  • Ensure data governance framework across all data domains including data integration and management with Investment Accounting and reporting, further expanding the discipline across all data assets of the GI franchise
  • Partner with business functions to assists in understanding client, product and business requirements and ensuring that data management processes meet the business requirements through the data life cycle.
  • Develop data management and end to end data integrity model with investment accounting for accounting book of record / central data warehouse.  
  • Create and/or support the curation of data that provide meaningful insights into investment management, products and operational performance including all relevant investment reporting
  • Collaborate with external providers (technology, data, services) in developing a robust and agile data architecture, platform and tooling capability (consistency, integrity, and agility of data delivery)
  • Interface with GI Business Partners on data management initiatives, data controls and quality processes
  • Perform regular operational reviews/audits of data quality/integrity issues and ensure timely reporting, escalations, and resolutions in line with data quality framework (to be developed)
  • Ensure the selection and monitoring of competent and secure data services & solutions providers
  • Ad-hoc projects

 

Education/Experience

  • Minimum 12 years of experience in data governance, data management role, with a robust understanding of technology and dataflow/work streams specifically in Asset Management or Insurance Asset Manager.
  • Minimum Bachelor’s degree in Finance, Economics, Mathematics, Statistics, or related field; MBA or MS in similar degree field a plus.

Skills/Knowledge

  • Working knowledge and understanding of public and private fixed income asset classes, Private Assets (Middle Market Loans, Real Estate Debt, Structured Private Credit, CLOs, Asset Backed Securities, etc), Private Equity, and Derivatives with demonstrated experience to support comprehensive data management reporting and analyses.
  • Advanced MS Excel skills required, including logical and reference formulas, financial functions, correlation through pivots and logic, best practice structure/design, assumption toggling, and formatting for executive presentations.
  • Extensive experience with SQL, data warehouse modelling, cloud-based database platforms and tools Python, PowerBI, PowerAutomate is a plus.
  • Working knowledge of Aladdin, Bloomberg AIM/PORT, Bloomberg Terminal, WSO and Indus Valley Partners solutions (Security Master, Data Quality Manager, Reconciliations), SAP Financial Asset Management (FAM), or similar asset management accounting systems for the insurance industry are a plus.
  • Working knowledge of Jira and Confluence are a plus.
  • Global experience is plus – this includes experience with global investments, global teams, and global data governance and data management. Experience with Japanese culture would be valuable.
  • Knowledge of building out infrastructure that supports financial and data governance concepts, practices and procedures while meeting asset management reporting requirements.
  • Strong knowledge and understanding of financial accounting and reporting processes and requirements
  • Strong quantitative, analytical skills with attention to detail and accuracy

 

 

 

Please note: Aflac Global Investments' hybrid working environment requires a minimum of 3 days in the office each week

The range on this positions is:   $225,000 to $285,000

This compensation range is specific to the job level and takes into account the wide range of factors that are considered in making compensation decisions including, but not limited to: education, experience, licensure, certifications, geographic location, and internal equity. The range has been created in good faith based on information known to Aflac at the time of the posting.  Compensation decisions are dependent on the circumstances of each case. This salary range does not include any potential incentive pay or benefits, however, such information will be provided separately when appropriate.

In addition to the base salary, we offer an array of benefits to meet your needs including medical, dental, and vision coverage, prescription drug coverage, health care flexible spending, dependent care flexible spending, Aflac supplemental policies, 401(k) plans, and generous paid time off. You’ll also be granted time off for designated paid holidays and other leaves of absence, if eligible, when needed to support your physical, financial, and emotional well-being. Aflac complies with all applicable leave laws, including, but not limited to sick, adoption and parental leave, in all states and localities.

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