Senior Investment Professional, Enterprise Portfolio Management
Job Description
The hired associate must reside within 35 miles of the following location:
- Columbus: One Nationwide Plaza, Columbus OH, 43215
Work schedule: 3 days in office, 2 days remote.
This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.
Experience in Actuary preferred.
Key Responsibilities
- Uses significant judgement on moderate to complex Asset/Liability Management (ALM) and Strategic Asset Allocation (SAA) problems, covers mid-large, moderately complex accounts.
- Accountable for multiple processes or programs and may have input on department budgets.
- Demonstrates broad knowledge as a senior individual contributor. Provides strategic contributions to the team and business partners.
- Helps optimize investment portfolio allocations under insurance liability constraints, economic capital, and rating agency capital considerations.
- PARTNERS WITH OTHER AREAS OF NATIONWIDE TO DESIGN INVESTMENT POLICY TARGETS AND LIMITS.
- BUILDS AND UTILIZES QUANTITATIVE MODELS AND ANALYTICAL FRAMEWORKS TO EVALUATE ASSET ALLOCATION STRATEGIES, MARKET SCENARIOS, AND ASSESS PROFITABILITY, RISK, AND COMPETITIVENESS.
- SUPPORTS PORTFOLIO STRATEGY FOR PRODUCT PRICING, INSTITUTIONAL TRANSACTIONS, AND CORPORATE DEVELOPMENT INITIATIVES.
- MAY PERFORM OTHER RESPONSIBILITIES AS ASSIGNED.
Reporting Relationships
Reports to Senior Investment Professional or Investment Leader.
Typical Skills and Experiences
- Education: Bachelor’s degree in Finance or related field. MBA preferred. CFA designation or work toward designation preferred.
- Experience: 8 to 12 years of investment experience in asset/liability management (ALM), enterprise risk management (ERM), or similar field.
- Knowledge, Abilities and Skills: Proven analytical ability combined with an excellent attention to detail. Strong verbal and written communication skills. Knowledge of fixed income securities, including corporate bonds, CMO, MBS, ABS and commercial mortgage loans. Understanding of prepayment and default models. Proficiency with database tools and cashflow modeling. Experience with fixed income portfolio modeling software. Experience with economic capital and rating agency capital requirements of various asset classes. Understanding of life insurance and annuity products. Familiarity with actuarial models.
Job Conditions
- Overtime Eligibility: Not Eligible (Exempt)
- Working Conditions: Normal office environment. Some travel may be required.
- ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.
Benefits
- MEDICAL/DENTAL/VISION
- LIFE INSURANCE
- SHORT AND LONG TERM DISABILITY COVERAGE
- PAID TIME OFF WITH NEWLY HIRED ASSOCIATES RECEIVING A MINIMUM OF 18 DAYS PAID TIME OFF EACH FULL CALENDAR YEAR PRO-RATED QUARTERLY BASED ON HIRE DATE, NINE PAID HOLIDAYS, 8 HOURS OF LIFETIME PAID TIME OFF, 8 HOURS OF UNITY DAY PAID TIME OFF, 401(K) WITH COMPANY MATCH, COMPANY-PAID PENSION PLAN, BUSINESS CASUAL ATTIRE, AND MORE.
Nationwide is an equal opportunity employer.
Note to Employment Agencies:
We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.
NOTE ON COMPENSATION FOR PART-TIME ROLES:
Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule.