Sr Director, Asset Liability Management
About The Position
The Sr Director, Asset Liability Management leads a multidisciplinary team applying advanced quantitative, actuarial, financial, and technical expertise to model, measure, and manage the risks and returns of the organization’s assets and liabilities on an integrated basis. The role oversees the design, development, and maintenance of models, tools, and analytical frameworks used to value investments, project asset and liability behavior, and evaluate financial performance and risk across economic and market environments. It translates analytical insights into investment, hedging, and product-design strategies that optimize financial outcomes and support decision-making for clients and the enterprise. The role owns enterprise balance-sheet interest-rate risk, leads stress testing and optimization, and provides subject-matter expertise on ALM, regulatory regimes, rating-agency treatment, and capital requirements. It collaborates with senior management and teams across the organization on modeling, investment, product, and AI strategies. It also oversees model monitoring and governance interactions, manages liability-crediting optimization, and leads and develops team members.
Requirements
- At least 8 years of experience in asset-liability management, financial engineering, investment management, actuarial work, modeling, and/or another quantitative field.
- Outstanding quantitative and technical skills, including the ability to interpret financial, market, and economic data and draw accurate conclusions.
- Strong problem-solving and analytical skills, attention to detail, independent and creative thinking, time management, and organizational skills.
Nice To Haves
- At least 10 years of relevant quantitative or financial experience.
- An advanced degree in a quantitative field.
- Investment management and liability-driven asset allocation experience.
- Strong technical and coding skills, including Excel, VBA, Python, PowerPoint, and artificial intelligence skills.
- FSA and/or CFA designation.
- Annuity, pension, or other insurance product experience.
- Experience with stress testing, economic capital, and asset strategies.
- Experience with capital markets, various asset classes, and economic scenario generation.
- Experience with reinsurance.
- Experience with Internal Audit and other regulatory reviews.
Responsibilities
- Define ALM risk and performance metrics, including economic capital, effective duration gap, and risk-adjusted return, and propose strategies to improve asset-liability performance.
- Lead stress testing and optimization and report results to senior leadership and governance committees.
- Own interest-rate risk for the enterprise balance sheet; recommend asset and liability strategies to manage and hedge interest-rate and other financial risks.
- Review rating-agency treatment and capital requirements and provide subject-matter expertise across the organization under relevant regulatory regimes.
- Collaborate with senior management to define ALM and modeling strategies that support growth, financial performance, and risk-management goals.
- Apply actuarial, analytical, and quantitative skills and AI capabilities to develop investment, risk, and product strategies that enhance financial outcomes and achieve ALM goals.
- Work with other teams to devise and test investment allocations and target portfolio compositions for new initiatives and products.
- Lead implementation of AI initiatives to improve the efficiency and sophistication of ALM analytics and financial performance.
- Oversee model performance monitoring and reporting, and lead discussions with Model Risk Management, Internal Audit, regulators, and rating agencies.
- Manage liability-crediting optimization efforts and provide ALM expertise for enterprise strategic initiatives.
- Produce and present financial analyses and recommendations to executive leadership to support key decisions.
- Manage team performance through regular, timely feedback and formal performance reviews to support engagement, development, and strong results.
Benefits
- Comprehensive Total Rewards package.
- Superior retirement program.
- Competitive health, wellness, and work-life offerings.
- Potential participation in performance-linked incentive programs, depending on the role.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
