Portfolio Management Analyst, Structured Credit and Real Estate

About Us

At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests. Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.

We believe everyone deserves to live their best life. More than a century ago, we were among the first financial services companies in America to serve everyday people from all walks of life. Today, we’re part of an international holding company, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what’s important to them. We’re empowered by a vast agent network covering North America, with diversity to match. Together with our nonprofit research institute and foundation, we tune in, step up, and are a force for good — for our customers and the communities where we live, work, and play. United in our purpose, we help people create the financial freedom to live life on their terms.

Transamerica is organized into three distinct businesses: 1) World Financial Group, including Transamerica Financial Advisors, 2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and 3) Financial Assets, which includes legacy blocks of long term care, universal life, and variable and fixed annuities. These are supported by Transamerica Corporate, which includes Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs, covering Communications, Brand, and Government and Policy Affairs. Transamerica employs nearly 7,000 people and is part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide.

About the Role

This role will support the selection, onboarding, and oversight of third-party asset managers, with a focus on structured assets and real estate, including RMBS, CMBS, CLOs, Public ABS, Private ABF, residential and commercial real estate whole loans, and other related strategies. In addition, the role will support the due diligence of individual assets and investment strategies, portfolio construction, quantitative asset modeling, and day-to-day portfolio management.

Responsibilities

• Support the selection, diligence, onboarding, and ongoing oversight of third-party asset managers
• Support the due diligence of individual investment opportunities and new investment strategies, including underwriting, documentation review, and committee presentations
• Support the day-to-day management of the structured asset and real estate portfolios
• Support the development and implementation of investment and risk management strategies, portfolio optimizations, and portfolio construction
• Monitor market developments, conduct sector and collateral research, and assist in formulating investment views to support the management of the portfolio
• Assist in the development of quantitative modeling frameworks, portfolio management tools, and the onboarding and integration of new investment technologies
• Assist senior investment staff with strategic initiatives focused on delivering superior investment results and maximizing value creation

Qualifications

• Bachelor’s degree in a quantitative discipline
• 1-2 years of relevant experience in fixed income investment analytics, insurance investments, or institutional asset management
• Experience in a front-office investment role at a bank, hedge fund, asset management firm, or insurance company
• Proficient in Excel
• Experience using Bloomberg, BlackRock Aladdin, and Clearwater Analytics
• Strong analytical skills with the ability to translate analysis into clear, actionable recommendations

Preferred Qualifications

• Prior experience at an asset management firm or insurance company supporting the investment processes for structured credit and/or real estate assets
• Proficiency working with and analyzing large sets of investment data, including leveraging AI to facilitate workloads
• Basic understanding of insurance asset management and fundamental asset liability management concepts, including risk-based capital
• Some knowledge of structured credit analytics, including duration, OAS, convexity, prepayments, and loss metrics (i.e. CDR, CGL, CNL, LGD, etc.)
• Prior exposure to Aladdin, Intex, Trepp, or similar structured asset modeling tools
• Some exposure to the use of AI to support research, process improvement, and efficiency
• Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM) designation

Working Conditions

• Office environment
• Occasional internal travel as needed

Benefits

• Competitive pay and bonus for eligible employees
• Comprehensive benefits package including medical, dental, and vision insurance
• Pension plan and 401k match
• Employee Stock Purchase Plan
• Tuition reimbursement
• Disability insurance
• Employee discounts
• Career training and development opportunities
• Paid Time Off starting at 160 hours annually for employees in their first year of service
• Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange holidays)
• Be Well Company holistic wellness program, including Wellness Coaching and Reward Dollars
• Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service
• Adoption assistance
• Employee Assistance Program
• Back-Up Care Program
• PTO for volunteer hours
• Employee Matching Gifts Program
• Employee Resource Groups
• Inclusion and diversity programs
• Employee Recognition Program
• Referral Bonus Programs

Inclusion & Diversity

We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. Transamerica offers a wide range of diversity and inclusion programs, including company-sponsored, employee-driven Employee Resource Groups (ERGs) formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees and provide a supportive environment to better appreciate our similarities and differences.

Giving Back

We believe our responsibilities extend beyond our corporate walls. Through the Aegon Transamerica Foundation, established in 1994, we support nonprofit organizations focused on the things that matter most to our people in the communities where we live and work. The foundation provides financial grants and encourages the volunteer efforts of our employees.