Senior Associate - Quantitative Investment Strategist, Brookfield Wealth Solutions

Brookfield Asset Management • New York, NY

309d • $180,000 - $200,000

About The Position

Brookfield Wealth Solutions (“BWS”; NYSE/TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Through our operating subsidiaries, we offer a broad range of insurance products and services, including annuities, personal and commercial property and casualty insurance and life insurance. The Quantitative Investment Strategy team partners with the asset allocation, investment and M&A teams to develop a robust asset allocation framework and design and implement models to inform decision-making and manage risk. This includes modelling various fixed income products and alternative assets, optimizing portfolios and investment strategies for various liability profiles and regulatory frameworks, generating economic scenarios, automating investment reporting and performance tracking, and managing and governing models and data. We are seeking an associate/senior associate to join our team. In this role you will provide critical, hands-on support in the research, development, and implementation of ALM, asset allocation and rebalance strategies. This individual will work closely with portfolio management, sector, capital, actuarial and risk teams to implement new investment strategies within enterprise risk appetite and external regulatory constraints across multiple jurisdictions.

Requirements

• 4+ years' experience in an investment role, preferably in cross-asset strategies and portfolio constructions (6+ YOE for Senior Associate)
• Advanced degree in finance, financial engineering, statistics or similar quantitative field from a top university
• Strong understanding of quantitative portfolio construction and optimization techniques (including that of fixed income and liability-hedging portfolios)
• Extensive experience and expertise in both top-down and bottom-up investment analysis, including ALM for onshore and offshore portfolios, strategic/tactical asset allocation, multi-strategy investing, and fixed income portfolio management
• Solid programming skills in Python, SQL, Excel/VBA
• Ability to clearly articulate ideas, both written and oral, to internal and external audiences across levels of seniority; strong Excel, Word, and PowerPoint skills are essential
• Capital markets knowledge with experience in a variety of asset classes including corporate bonds, securitized products, mortgage loans and derivatives
• Ability to multi-task and work in a very fast-paced and team-oriented environment

Nice To Haves

• Experience in an insurance CIO office is a plus
• CFA designation is a plus

Responsibilities

• Provide asset allocation solution for the investment portfolio and perform optimizations around asset-liability management, returns and capital within the context of investment guidelines
• Monitor investment activities, exposures/capacities, liquidity management, sector, asset allocations, concentrations
• Research on capital market assumption models, improving existing quantitative financial processes, and developing new quantitative financial models and optimization techniques
• Recommend portfolio strategies within investment guidelines while balancing multiple constraints including investment and market risk limits, income volatility, tax realization, liquidity and capital usage
• Evaluating relative value and rebalance strategies across credit and other fixed income asset classes

Benefits

• Salary Range: $180,000 - $200,000
• Compensation structure includes a base salary and a short-term incentive program (cash bonus)
• Compensation decisions are based on a number of factors including relative experience, overall years of experience, industry experience, education, and designations

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Real Estate
• Education Level: Master's degree