What are the responsibilities and job description for the Derivative Portfolio Associate position at Venerable?
As a Derivative Portfolio Associate you will have accountability on our Derivative Strategy & Trading team for managing one or more aspects of functions to support derivative portfolio managers in hedging capital market risk exposures of Variable Annuity liabilities and / or other risk exposures.
Principle Responsibilities :
- Monitor derivative portfolios which include listed and OTC interest-rate and equity derivatives (e.g., futures, total-return swaps, interest-rate swaps, options and swaptions, and variance swaps)
- Research innovative trade ideas / hedging strategies and / or explain portfolio P&L performance and insights through clear risk reporting
- Build quantitative / analytical tools to support portfolio management and / or hedge strategy development and / or risk reporting by leveraging financial engineering, capital markets, and product knowledge
- Participate in various quantitative projects as needed to help support overall Hedging / Risk teams goals & objectives
- Constant monitoring of market trends, news and economic indicators impacting the portfolio
- Conduct research / analysis on market trends, financial instruments or new strategies evolving in the market
Knowledge, Skills and Abilities :
LI-DP1
Venerable Values :
Every position at Venerable has responsibility for living out the company's values as described here :
We are Courageous - We think critically, ask "why?" and seek out creative solutions.
We are Curious - We take calculated risks, learn from out failures, and challenge traditional ways of thinking.
We are Connected - We are connected to each other, our customers and our community.
