Manager, Investment Risk Officer
- Type:
- Full Time
- Location(s):
- Frisco, TX 75034, United States
- 730 3rd Avenue, New York, NY 10017, United States
- Date Posted:
- Salary:
- Base Pay Range: $135,000/yr - $192,000/yr
- Job Posting End Date:
- 2025-11-22-08:00
- Job ID:
- R251000297
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.
Key Responsibilities and Duties
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
Educational Requirements
- University (Degree) Preferred
Work Experience
- 5+ Years Required; 7+ Years Preferred
Physical Requirements
- Physical Requirements: Sedentary Work
Career Level
8IC
REQUIRED EXPERIENCE:
5+ years of relevant experience in investment risk management, asset management, institutional investing, or related fields
PREFERRED EXPERIENCE:
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
TECHINCAL SKILLS:
Advanced Excel proficiency (required)
Experience working with large datasets and financial databases
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
KNOWLEDGE AREAS:
Strong understanding of fixed income and equity markets, with real assets knowledge a significant plus
Exposure to private markets (Private Equity, Infrastructure, Real Estate, Private Credit)
Understanding of global markets and multiple economic sectors
Familiarity with insurance company regulatory frameworks (RBC, etc.)
#LI-CS1
REQUIRED EXPERIENCE:
5+ years of relevant experience in investment risk management, asset management, institutional investing, or related fields
PREFERRED EXPERIENCE:
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
TECHINCAL SKILLS:
Advanced Excel proficiency (required)
Experience working with large datasets and financial databases
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
KNOWLEDGE AREAS:
Strong understanding of fixed income and equity markets, with real assets knowledge a significant plus
Exposure to private markets (Private Equity, Infrastructure, Real Estate, Private Credit)
Understanding of global markets and multiple economic sectors
Familiarity with insurance company regulatory frameworks (RBC, etc.)
#LI-CS1
Company Overview
At TIAA, we're on a mission to build on our 100+ year legacy of delivering for our clients while evolving to meet tomorrow's challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together, we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People, Be Client Obsessed, Lead with Integrity, Own It, and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose, accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveen's entrepreneurial spirit, where we work hard and work together to create lasting impact. Here, every associate can grow through meaningful learning experiences and development pathways—because when our people succeed, our impact on clients' lives grows stronger.
Benefits and Total Rewards
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.
To learn more about your benefits, please review our Benefits Summary.
Equal Opportunity
We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.
See our full Equal Employment Opportunity & Non-Discrimination statement below. You can read more about your rights and view government notices here.
Accessibility Support
TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.
If you are a U.S. applicant and desire a reasonable accommodation to complete a job application, please use one of the below options to contact our accessibility support team:
Phone: (800) 842-2755
Email: accessibility.support@tiaa.org
Drug and Smoking Policy
TIAA maintains a drug-free and smoke/free workplace. Please see our Drug-Free and Smoke-Free Policy to learn more.
Privacy Notices
For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here.
For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here.
For Applicants of TIAA Global Capabilities, click here.
For Applicants of Nuveen residing in Europe and APAC, please click here.
We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.
Read more about your rights and view government notices here.