AVP, Market Risk

MetLife•Whippany, NJ

3d•$190,000 - $215,000•Hybrid

About The Position

This AVP position will play a key leadership role in advancing MetLife’s market risk management framework for MetLife Bermuda businesses. The position will drive the integration of EC, GAAP, regulatory capital, and liquidity management considerations into market risk analysis, ALM strategy, and risk governance. The role will also lead ongoing enhancement of market risk analytics, data standards, risk appetite frameworks, and portfolio ALM investment guidelines.

Requirements

Strong understanding of ALM, financial markets, risk management techniques, and general business skills
Ability to manage several diverse projects simultaneously
Fellow of the Society of Actuaries or equivalent organization
7+ years of experience in ALM, risk management, pricing and/or investments
Project management experience and track record of getting collaborative projects through to completion
Excellent organizational, mathematical, and analytical abilities
Excels at building partnerships and fostering teamwork

Nice To Haves

Experience with a broad range of investments, derivatives, and insurance product types a plus
Thinks Strategically – Sets direction aligned to the company’s strategy, applying external and global perspective to meet local and global needs.
Creates Partnerships – Authentically builds trusted relationships and collaborates across global, diverse and multi-functional teams to successfully drive business objectives.
Models our Values – Creates a culture that promotes the company’s values and standards through role modeling, accountability and ownership of decisions.
Focuses on Customers – Promotes customer centricity and ensures focus on creating great customer experiences to achieve competitive advantage.
Drives Results – Sets aggressive goals and is accountable for continuously driving improved performance, leading change and ensuring high standards.

Responsibilities

Lead efforts to enhance/evolve market risk framework for MetLife’s Bermuda businesses
Better integrate EC, GAAP, regulatory, and liquidity perspectives into market risk analysis and ALM strategy
Perform robust review of metrics and standards for portfolio ALM investment guidelines
Provide primary support for one or more ALM Working Groups
Lead development of assigned ALM deep dives and playbooks
Review and communicate ALM strategies, financial results and disclosures in regulatory filings
Maintain risk appetite statements and lead calibrations of risk limits and regional cascade
Act as deputy Market Risk Officer of the Bermuda reinsurance entities

Benefits

Comprehensive health plan that includes medical/prescription drug and vision
Dental insurance
No-cost short- and long-term disability
Company-paid life insurance
Legal services
Retirement pension funded entirely by MetLife
401(k) with employer matching
Group discounts on voluntary insurance products including auto and home, pet, critical illness, hospital indemnity, and accident insurance
Employee Assistance Program (EAP)
Digital mental health programs
Parental leave
Paid time off
Paid holidays
Volunteer time off
Tuition assistance