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Director, Asset Analytics

Job ID: 1707453
Category: Finance
Location: New York, NY
Post Date: January 6, 2017

COMPANY OVERVIEW:

Since 1918, it has been TIAA’s mission to serve, our ability to perform and the values we embrace that make us a different kind of financial services organization. We’re dedicated to serving the financial needs of those in the academic, medical, cultural, governmental and research fields, and committed to helping make lifetime financial well-being possible for them.

By building a culture that allows all employees to contribute their unique talents and skills, we’re able to provide our customers with fresh ideas and distinct perspectives to help them achieve their goals. We believe a diverse and inclusive workforce is one of our greatest strengths and a key measure of our success*.

For more information about TIAA, visit our website.

Position Summary:

Oversee the analytical portrayal of TIAA’s invested assets in its asset liability framework to support all applications such as asset allocation, Fed stress-testing, cash flow testing and economic capital purposes.

Key Duties & Responsibilities:

*Manage the procurement, implementation and testing of external and internal asset modeling components

*Ensure that projections of asset performance are accurate and scenario-consistent

*Assume ownership for all assumptions and settings related to asset projections

*Perform and publish regular default loss and prepayment studies of TIAA assets

*Gain thorough understanding of Conning economic scenario generator GEMS, manage the Conning relationship and coordinate the TIAA-wide use of GEMS

Impact:

Nature of Impact

This job will create understanding related to the prospective performance of TIAA’s assets, helping management formulate better decisions with respect to asset allocation, risk appetite and capital sufficiency and potentially to improve general account yields.

Area of Impact

Beneficial impact to financial performance and risk management across TIAA.

Problem Solving:

Highly complex with strong analytical, problem-solving, communication and technical skills

Functional Knowledge:

Advanced knowledge of markets, models and risk determinations relevant to actual and prospective asset holdings of TIAA

Business or Industry Expertise:

Advanced knowledge and understanding of TIAA’s business and industry position

Interactions / Interpersonal Skills:

High degree of interaction with all levels within Finance, Actuarial, Risk Management and Asset Management necessitating considerable interpersonal, communication and persuasion skills

QUALIFICATIONS:

Required:

  • Education: BA / BS Degree in Finance or Investments preferred
  • 5-10 years’ experience with Asset Liability Management (ALM)/or investment management

Skills and Abilities:

*Strong experience with and understanding of actual and prospective asset classes of TIAA, including real assets and private asset classes

*Strong analytic, communication and influencing skills

*Strong experience with and understanding of models of asset performance, including both vendor and home-brew software

*Ability to work independently and to collaborate with others

*Proficiency in Excel, VBA, MatLab

Desired:

Masters or MBA

CFA a plus

10+ years’ experience with ALM and/or investment management

Equal Employment Opportunity is not just the law, it’s our commitment. Read more about the Equal Employment Opportunity Law.

If you need assistance applying due to being visually or hearing impaired, please email Careers Help.

We are an Equal Opportunity/Affirmative Action Employer. We will consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.

*©2016 Teachers Insurance and Annuity Association of America (TIAA), 730 Third Avenue, New York, NY 10017 C23921