Jobs · Finance · New York

Director, Asset Liability Management

TIAA · New York, NY · 1 mo ago
HybridFinance$173k–$272k/yrFull-time
We need to output HTML fragment with sections: About the role (maybe from first paragraph), Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. Only include sections with real content. We need to parse the posting. First paragraph: "The Director, Asset Liability Management role applies advanced quantitative, actuarial, financial, and AI expertise to model, measure, and manage risk and return of the organization's assets and liabilities on an integrated basis. This role designs, builds, and maintains the models, tools, and analytical frameworks used to value investments, project asset and liability behavior, and evaluate performance and risk across a wide range of economic and market environments, and then translate these insights into investment, hedging, and product design strategies that optimize financial outcomes and strengthen decision-making for our clients and the enterprise." That's about the role. Then "Key Responsibilities And Duties" list bullet points. Then "Educational Requirements University (Degree) Preferred Work Experience 5+ Years Required; 7+ Years Preferred Physical Requirements Physical Requirements: Sedentary Work Career Level 9IC" Then "REQUIRED QUALIFICATION 5+ years of asset-liability management, financial engineering, investment management, actuarial, modeling and/or other quantitative experience" Then "PREFERRED QUALIFICATIONS 7+ years of asset-liability management, financial engineering, investment management, actuarial, modeling and/or other quantitative experienceAdvanced degree in quantitative fieldOutstanding quantitative and technical skills with ability to interpret and draw accurate conclusions from financial, market and economic dataInvestment management and liability-driven asset allocation experienceStrong technical and coding skills including Excel, VBA, Python, PowerPoint and artificial intelligence skillsExcellent problem solving and analytical skills, detail-oriented, independent and creative thinking, time management and organizational skillsFSA and/or CFAAnnuity or Pension or other insurance product experienceExperience with stress testing, economic capital and asset strategiesExperience with capital markets, various asset classes and economic scenario generationExperience with reinsuranceExperience with internal audit and other regulatory reviews" Then "Related Skills Data Analysis, Detail-Oriented, Financial Acumen, Financial Modeling, Financial Risk Management, Influence, Negotiation, Problem Solving, Programming, Quantitative Analysis, Risk Modeling, Risk Reporting, Strategic Thinking" Then "Anticipated Posting End Date: 2026-10-03 Base Pay Range: $173,000/yr - $272,000/yr Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans)." Then "Company Overview ..." (but we need to remove boilerplate like company overview? The instruction says remove cookie/navigation/legal/EEO/equal-opportunity/scam-warning boilerplate, duplicated lines, and application instructions. Company overview may be considered not boilerplate? It's descriptive about the company; but maybe we should keep? The instruction: "Preserve ALL substantive information; do NOT invent or summarize away detail." Company overview is substantive? It's about the company, not the role. Might be considered not needed? The sections we output are limited to role-specific sections. The instruction says we should include sections only when posting has real, specific content for it. The company overview is not about the role; but it's still part of posting. However typical job posting reformat might include "About the company" but not requested. The requested sections are About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. So we should not include company overview. Also Benefits: there is a Benefits And Total Rewards section later. We need to extract that. Let's locate Benefits And Total Rewards paragraph: after Company Overview there is "Benefits And Total Rewards The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary." That's substantive benefits content. So we include Benefits section. Pay: we have Base Pay Range. Schedule: not mentioned. So we omit Schedule. Now we need to structure sections. We need

for each section heading. Inside each section, we need

for prose,

  • for any list of duties/requirements/benefits. We need to decide what goes where. About the role: first paragraph(s) describing role. Could be two paragraphs? We'll combine into one

    . Responsibilities: list from "Key Responsibilities And Duties". We'll extract each bullet. Let's list them: - Utilizes Asset Liability Management (ALM) metrics to analyze and propose strategies (e.g., asset allocation, hedging, product design) for improved asset-liability performance under different regulatory regimes and economic environments. - Devises, tests, and proposes risk mitigation actions that help the enterprise withstand the impact of stresses and presents results and solutions. - Takes ownership of complex quantitative models across diverse asset classes, ensuring accuracy and performance - Builds the processes and tools to recalibrate models on a regular basis. - Designs, develops, tests, implements, refines, and maintains models (e.g., derivatives pricing/valuation) and tools for ALM analytics and reporting. - Validates models and identifies/implements enhancements when performance deviates from expectations. - Leverages AI capabilities and applies programming skills across languages such as Python, MATLAB, VBA, and R to help achieve ALM goals. - Independently performs analysis and calibration to develop/improve liability crediting strategies. - Leads discussions with Model Risk Management, Internal Audit, regulators, and rating agencies, providing clear explanations of model methodologies. - Devises and tests investment allocations and target portfolios for new initiatives and products. - Produces financial analyses and recommendations to senior management for key decision-making. - Mentors other team members, providing technical guidance and industry insight. We'll put each as

  • . Requirements: This could be educational requirements and work experience? The posting has "Educational Requirements University (Degree) Preferred Work Experience 5+ Years Required; 7+ Years Preferred Physical Requirements Physical Requirements: Sedentary Work Career Level 9IC". Also "REQUIRED QUALIFICATION 5+ years of asset-liability management, financial engineering, investment management, actuarial, modeling and/or other quantitative experience". That seems like a qualification. The "Requirements" section maybe includes educational and experience requirements. We'll combine. We need to avoid duplication. Let's extract: Educational Requirements: University (Degree) Preferred Work Experience: 5+ Years Required; 7+ Years Preferred Physical Requirements: Sedentary Work Career Level: 9IC We could put these in a
      list. Qualifications: Could be the "REQUIRED QUALIFICATION" and "PREFERRED QUALIFICATIONS". But we already used some for Requirements. Might be better to treat "Requirements" as mandatory (required) and "Qualifications" as preferred? However the instruction says we can have both sections. We'll decide: - Requirements: mandatory requirements (education, experience, physical, career level) - Qualifications: preferred qualifications (advanced degree, etc.) plus maybe the required qualification? But we already put required experience in Requirements. To avoid duplication, we could put required qualification in Requirements and preferred qualification in Qualifications. Let's parse: REQUIRED QUALIFICATION: 5+ years of asset-liability management, financial engineering, investment management, actuarial, modeling and/or other quantitative experience PREFERRED QUALIFICATIONS: 7+ years of asset-liability management, financial engineering, investment management, actuarial, modeling and/or other quantitative experienceAdvanced degree in quantitative fieldOutstanding quantitative and technical skills with ability to interpret and draw accurate conclusions from financial, market and economic dataInvestment management and liability-driven asset allocation experienceStrong technical and coding skills including Excel, VBA, Python, PowerPoint and artificial intelligence skillsExcellent problem solving and analytical skills, detail-oriented, independent and creative thinking, time management and organizational skillsFSA and/or CFAAnnuity or Pension or other insurance product experienceExperience with stress testing, economic capital and asset strategiesExperience with capital markets, various asset classes and economic scenario generationExperience with reinsuranceExperience with internal audit and other regulatory reviews We need to split the preferred qualifications into separate items. The text is concatenated without punctuation. We need to parse logically: after "7+ years of asset-liability management, financial engineering, investment management, actuarial, modeling and/or other quantitative experience" then "Advanced degree in quantitative field" then "Outstanding quantitative and technical skills with ability to interpret and draw accurate conclusions from financial, market and economic data" then "Investment management and liability-driven asset allocation experience" then "Strong technical and coding skills including Excel, VBA, Python, PowerPoint and artificial intelligence skills" then "Excellent problem solving and analytical skills, detail-oriented, independent and creative thinking, time management and organizational skills" then "FSA and/or CFA" then "Annuity or Pension or other insurance product experience" then "Experience with stress testing, economic capital and asset strategies" then "Experience with capital markets, various asset classes and economic scenario generation" then "Experience with reinsurance" then "Experience with internal audit and other regulatory reviews" We'll make each as a
    • . Now Skills: "Related Skills Data Analysis, Detail-Oriented, Financial Acumen, Financial Modeling, Financial Risk Management, Influence, Negotiation, Problem Solving, Programming, Quantitative Analysis, Risk Modeling, Risk Reporting, Strategic Thinking". We'll list as
        . Benefits: we have paragraph. Could also list bullet points? It's prose. We'll put as

        . Pay: we have Base Pay Range: $173,000/yr - $272,000/yr plus note about variable. We'll put as

        . Now we need to ensure we don't include filler like "commensurate with experience". Not present. Now produce HTML fragment. Structure:

        About the role

        ...

        Responsibilities

        • ...
        • ...

        Requirements

        • University degree preferred
        • 5+ years of experience required; 7+ years preferred
        • Sedentary work (physical requirements)
        • Career level 9IC

        Qualifications

        • 5+ years of asset-liability management, financial engineering, investment management, actuarial, modeling and/or other quantitative experience (required)
        • 7+ years of asset-liability management, financial engineering, investment management, actuarial, modeling and/or other quantitative experience
        • Advanced degree in quantitative field
        • Outstanding quantitative and technical skills with ability to interpret and draw accurate conclusions from financial, market and economic data
        • Investment management and liability-driven asset allocation experience
        • Strong technical and coding skills including Excel, VBA, Python, PowerPoint and artificial intelligence skills
        • Excellent problem solving and analytical skills, detail-oriented, independent and creative thinking, time management and organizational skills
        • FSA and/or CFA
        • Annuity or Pension or other insurance product experience
        • Experience with stress testing, economic capital and asset strategies
        • Experience with capital markets, various asset classes and economic scenario generation
        • Experience with reinsurance
        • Experience with internal audit and other regulatory reviews
        But note we duplicated the required qualification (5+ years) also in Requirements?

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