What are the responsibilities and job description for the Program Associate, Investment Risk position at Global Atlantic Financial Group?
The Investment Risk team is a key functional area within Global Atlantic, bridging investments and risk management and is dedicated to analyzing and monitoring GA’s asset-side risk. We are currently seeking an Investment Risk Quant to join our team. The ideal candidate will have a strong foundation in mathematics, programming, and quantitative modeling and possess the ability to apply technical knowledge to the real world in a fast-paced, collaborative environment.
RESPONSIBILITIES:
- Design limit frameworks using quantitative methodologies for various asset classes
- Develop tactical and strategic asset allocation optimizations with risk considerations
- Conduct asset and liquidity stress testing to analyze worst-case market scenarios and quantify risk of potential losses and downgrades
- Automate key reporting metrics including interest rate risks, capital consumption, and concentration exposures using Python and SQL
- Build and develop code infrastructure within the Beacon environment
- Prepare presentation materials to drive decision making in asset allocation and hedging
- Collaborate with investment teams to enhance AUM growth and earnings
QUALIFICATIONS:
- Bachelors or Masters in Mathematics, Computer Science, Engineering, or other quantitative fields
- 2-3 years of experience in a relevant field (investments, data science, risk)
- Demonstrated knowledge of investments including fixed income and equity-like assets
- Advanced knowledge of Python and SQL
- Strong mathematical or statistical modeling background
- Results oriented, intellectually curious, self-motivated, and able to work in a collaborative environment
Various jurisdictions have passed pay transparency laws that require companies provide salary ranges for any positions for which they are accepting applications. Global Atlantic has offices in Atlanta, Batesville, Bermuda, Boston, Des Moines, Hartford, Indianapolis, and New York City. The base salary range posted below is inclusive of the lowest cost of living geography to the highest in which we have a Global Atlantic office.
Global Atlantic’s base salary range is determined through an analysis of similar positions in the external labor market. Base pay is just one component of Global Atlantic’s total compensation package for employees and at times we hire outside the boundaries of the salary range. Other rewards may include annual cash bonuses, long-term incentives (equity), generous benefits (including immediate vesting on employee contributions to a 401(k), as well as a company match on your contributions), and sales incentives. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Compensation for our more senior positions have a larger component of short-term cash bonus and long-term incentives.
Salary : $160,000
