Location Designation: Hybrid
When you join New York Life Investments, a wholly owned subsidiary of New York Life Insurance Company, you are joining a global investment company with a long history and passion for career development, innovation, collaboration, and diversity, equity and inclusion. We want employees to feel proud about being part of a company that is committed to doing the right thing. Through various resources and programs, you can grow your career while developing personally and professionally. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.
As a top 25 global asset management firm with more than $600 billion in assets under management, we have an important mission: to help build a better financial future for our clients, our employees, and our communities. We invite you to bring your talents to New York Life Investments, so we can continue to help people achieve their financial aspirations.
Multi-boutique approach
NYLIM provides investment solutions to clients through a multi-boutique structure. This multi-boutique business model is built on the foundation of a long and stable history, which gives its clients proven performance managing risk through multiple economic cycles. With capabilities across virtually all asset classes, market segments and geographies, NYLIM’s family of specialized, independent boutiques and investment teams allows them to deliver customized strategies and integrated solutions for every client need.
This role is within NYLIM’s ICG. The team is responsible for investment risk, due diligence and performance reporting on various investment strategies across a multi-boutique structure.
The Portfolio Analyst / Risk Manager will be responsible for performing investment focused oversight and due diligence on a variety of equity, fixed income and multi-asset investments. This position requires extensive knowledge of investment processes, returns and holdings based analysis as well as risk management. Ideal candidates should have experience working in/or supporting a team in a portfolio management, risk management, or product specialist role.
KEY RESPONSIBILITIES:
- Provide transparency and investment insights to NYLIM senior management as well as NYLIM’s marketing and distribution teams
- Produce detailed analysis and thoughtful recommendations for senior management
- Serve as a firm-wide resource for analytical support, risk management, and investment due diligence
- Work on special projects such as merger and acquisition projects and new product development initiatives
- Expertise in equities, fixed income and multi-asset portfolio management strategies and risk management techniques.
- Exceptional communication skills, both written and verbal
- Hands-on expertise in one or more performance attribution and risk attribution systems (e.g., Bloomberg PORT, Aladdin, FactSet, Barra / RiskMetrics, POINT, etc.)
- Must have the ability to work both independently as well as within a team on multiple time-sensitive projects with a high degree of accuracy and attention to detail
- Ability to develop and apply oversight processes
- Strengthen relationships with all investment teams to receive timely transparency and investment intelligence
- Develop research insights in support of NYLIM distribution’s fund-raising goals.
Qualifications:
- Bachelor’s degree in a discipline such as Financial Engineering, Mathematics, Physics, Statistics, Engineering, Finance and/or Economics
- 2-4 years of experience in portfolio risk management
- Investment Risk Expertise
- Breadth of Understanding of Financial Markets and Asset Classes
- Broad understanding of financial markets and investment products across multiple asset classes, including alternatives and less liquid investments
- Ability to Communicate Complex Risk Subjects
- Ability to compress and synthesize complex risk management concepts for senior management across a diverse set of instrument types and risk disciplines (market, counterparty credit, liquidity)
- Strong Educational Credentials
- Advanced degree or certifications (e.g. CFA) desired
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Salary range: $102,500-$152,500
Overtime eligible: Exempt
Discretionary bonus eligible: Yes
Sales bonus eligible: No
Click here to learn more about our benefits. Starting salary is dependent upon several factors including previous work experience, specific industry experience, and/or skills required.
Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We’re proud that due to our mutuality, we operate in the best interests of our policy owners. We invite you to bring your talents to New York Life, so we can continue to help families and businesses “Be Good At Life.” To learn more, please visit LinkedIn, our Newsroom and the Careers page of www.NewYorkLife.com.
Job Requisition ID: 89003