Investment Analyst, Fixed Income Risk

Nationwide Mutual Insurance•Columbus, OH

1d•Hybrid

About The Position

As a team member in the Finance department at Nationwide, the opportunities are endless! You can grow and learn in diverse areas across many disciplines such as Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, Critical Business Advisor, Internal Audit, and so much more. Let Nationwide help create your career journey! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care. Additional Job Description This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program. This position will be hired on a SuccessFlex basis. 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. #LI-SS1 #nationwideinvestments Do you have the desire to play a critical role in driving data-based business outcomes? Nationwide has been using data to serve our members and drive business outcomes for almost 100 years. Our industry-leading workforce accepts an agile work environment and a collaborative culture to deliver outstanding solutions and results. Our Risk Analytics professionals play a key role in transforming quantitative data analysis into meaningful insights that drive business results. Specifically, they serve as the conduit joining quantitative risk analysts to business partners. As a Consultant, you'll be responsible for the creation and management of risk analytics projects to solve business problems and achieve objectives. You’ll work consultatively with your leadership and business partners to match quantitative analysis with business needs. We’ll count on you to be the key point of contact linking business goals to technical research. It’s imperative that you have both a working knowledge of quantitative analytics and a clear understanding of business needs. You will need to confident articulating solutions to many levels of leadership.

Requirements

3-5 years of investment/risk management/quantitative modeling experience. Graduate work may be substituted for work experience as appropriate.
Understanding of credit risk and fixed income securities. The ideal candidate will have demonstrated curiosity and potential in analyzing risk in fixed-income portfolios, particularly with respect to interest rate, credit, and liquidity risk.
High level of quantitative aptitude and potential to learn a variety of relevant technical and reporting tools . An analytical mindset is essential, as is the capacity to engage in critical thinking to solve complex problems.
Excellent written and verbal communication skills . This role requires presenting complex quantitative analysis to various stakeholders, including senior management. The candidate must be able to create compelling presentations and verbally communicate actionable findings in a concise and understandable manner.
Undergraduate studies in finance, accounting, economics, statistics, mathematics or related subject area required.
Typically, seven or more years of related work experience in financial risk modeling or actuarial functions.
Proven knowledge of processes and functions spanning the insurance and risk management cycle.
Understands machine learning, stochastic processes, Monte Carlo simulations, sampling methods and other statistical techniques applicable to specialized risk modeling.
Confirmed mathematical knowledge of specialized risk models such as those used in hedging, economic scenario generation, catastrophe, credit risk, etc.
Advanced understanding of risk management operations such as asset-liability management, portfolio risk assessment, hedging, etc.
Strong communication and presentation skills.
Advanced proficiency with Excel and Powerpoint.

Nice To Haves

Understanding of risk metrics like duration and convexity, as well as stress testing and scenario analyses, would be a plus.
Demonstrated curiosity and aptitude with respect to programming and data visualization software is a plus.
Graduate-level studies in a related field with advanced degree highly desirable.
Progress toward FCAS, FSA, CQF, CFA or similar preferred.
Other criteria, including leadership skills, competencies and experiences may take precedence.

Responsibilities

Maintain, use, and develop quantitative analytics using intermediate to advanced statistical or econometric techniques to perform and enhance portfolio risk management and optimize portfolio construction
Assist in implementation and delivery of analytics to different areas of risk and investments
Keep abreast of current financial markets, macro events, industry trends, trading activity, and regulatory developments; connect them to the potential impact on portfolio risks
Assist with scenario analysis/Stress Test/Cycle Analysis/Factor Analysis/Performance Attribution to provide insights on portfolio risks/returns, asset allocation, and sector allocation
Understands and assesses key business needs and responsible for developing the appropriate quantitative modeling solutions to these needs.
Collaborates with departments across the organization or business functions to accomplish strategic goals, objectives, and initiatives.
Builds risk analytic strategies for business problems through collaborating, consulting, and driving expectations.
Collaborates with teams across the enterprise to ensure that consistent model assumptions, processes and outputs are well understood and that modeling standard methodologies are upheld throughout the organization.
Crafts clear and concise summaries of findings and recommendations.
Uses impactful storylines and data visualization geared to both technical and non-technical audiences.
Develops, tests, implements and administers complex quantitative modeling processes and tools.
Evaluates and ranks quantitative solutions to business problems.
Communicates the key benefits and limitations of sophisticated modeling tools for business applications.
Works across teams to ensure governance of modeling tools are applied consistently.
May perform other responsibilities as assigned.

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