Manager, Investment Risk Officer

TIAA•Frisco, TX

18d

About The Position

Financial Risk and Capital Management The Investment Risk Officer is responsible for providing expertise on how to minimize investment risks within the organization by developing and implementing second line of defense reports, systems, and processes. As a subject matter expert in risk management, this job manages risk oversight and reviews processes related to monitoring and managing capital and liquidity adequacy.

Requirements

5+ years of relevant experience in investment risk management, asset management, institutional investing, or related fields
Advanced Excel proficiency (required)
Experience working with large datasets and financial databases
Strong understanding of fixed income and equity markets, with real assets knowledge a significant plus
Understanding of global markets and multiple economic sectors
Familiarity with insurance company regulatory frameworks (RBC, etc.)
Analytical Skills, Collaboration, Communication, Critical Thinking, Executive Presence, Financial Acumen, Financial Analysis, Financial Risk Management, Relationship Management, Risk Analysis/Analytics, Risk Mitigation, Strategic Thinking, TIAA Products/Services Acumen

Nice To Haves

7+ years of relevant experience in investment risk management, asset management, institutional investing, or related fields
Bachelor's degree in a quantitative discipline (Mathematics, Statistics, Physics, Computer Science, Finance, Economics, Actuarial Science, or related field)
Graduate degree (MBA, MS, MA in relevant field)
CFA, FRM, ASA, FSA, PhD, CPA, or other relevant professional certifications
Programming skills (Python, R, SQL, VBA) a plus
Proactive user of AI/LLM tools with demonstrated advanced use cases
Familiarity with risk management systems and platforms
Exposure to private markets (Private Equity, Infrastructure, Real Estate, Private Credit)

Responsibilities

Portfolio Risk Analysis: Conduct comprehensive risk assessments of new investment opportunities and existing portfolio positions
Prepare detailed risk reports and presentations for senior management and investment committees
Monitor emerging risks, particularly rapid growth impacts in private markets
Perform stress testing and scenario analysis across alternative asset classes
Risk Framework & Modeling: Support implementation and monitoring of TIAA's tail risk framework across alternative investment asset classes
Prototype and enhance quantitative risk models for Private Equity, Infrastructure, Agriculture, Timberland, and Commercial Real Estate investments
Analyze simulation outputs from risk and private and public data analytics
Monitor compliance with risk limits (both notional and tail risk) within TIAA's established risk appetite framework
Cross-Functional Collaboration: Work closely with investment teams to understand deal structures, due diligence processes, and risk characteristics
Partner with quantitative support teams and other risk management functions
Support quarterly and annual risk reporting processes
Collaborate with offshore team members and provide guidance on analytical tasks
Systems & Technology: Advanced utilization of Excel for complex financial modeling and analysis
Work with large datasets and various risk management platforms
Leverage different Risk models and systems
Proactively incorporate AI/LLM tools for enhanced analytical capabilities

Benefits

The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones.
Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being.

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