Asset Modeler / Market Risk

TIAA • New York, NY

9h • $126,963 • Hybrid

About The Position

Teachers Insurance and Annuity Association of America seeks an Asset Modeler / Market Risk at our office in New York, NY: Support the implementation of the strategy for the modeling of the company’s invested assets used in the asset liability projection model that supports actuarial modeling applications. Develop, maintain, and support the existing asset models, including performing regular updates and production of model results as required by business, implementing enhancements to models as directed by the team and business leaders, and computer languages including Python, R, and Matlab. Develop market data adapters for security and reference data for providers such as Reuters, Bloomberg, and Intex, in computer languages including Python, R, or Matlab. Integrate third party solutions with in-house systems and automate the workflows by using databases. Coordinate with other internal teams in Actuarial, IT, Risk Management to understand requirements and automate systems. Apply econometric techniques to market microstructure data to potentially improve models and provide feedback to the optimization framework. Telecommuting permitted up to 2 days per week.

Requirements

• Bachelor’s degree in Financial Engineering, Finance, Economics, or a related field of study, and three (3) years of experience as an Asset Modeler / Market Risk, Quantitative Strategy Analyst, Portfolio Manager, Financial Associate, Financial Analyst, or a related occupation.
• Alternatively, the company would accept a Master’s degree in Financial Engineering, Finance, Economics, or a related field of study, and one (1) year of experience as an Asset Modeler / Market Risk, Quantitative Strategy Analyst, Portfolio Manager, Financial Associate, Financial Analyst, or a related occupation.

Responsibilities

• Support the implementation of the strategy for the modeling of the company’s invested assets used in the asset liability projection model that supports actuarial modeling applications.
• Develop, maintain, and support the existing asset models, including performing regular updates and production of model results as required by business, implementing enhancements to models as directed by the team and business leaders, and computer languages including Python, R, and Matlab.
• Develop market data adapters for security and reference data for providers such as Reuters, Bloomberg, and Intex, in computer languages including Python, R, or Matlab.
• Integrate third party solutions with in-house systems and automate the workflows by using databases.
• Coordinate with other internal teams in Actuarial, IT, Risk Management to understand requirements and automate systems.
• Apply econometric techniques to market microstructure data to potentially improve models and provide feedback to the optimization framework.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level