Investment Risk Associate - Asset Backed Securities
All offices are currently open, and our employees are back 4 or 5 days a week in Hudson Yards, NY and 3 days a week in all other offices. If you have questions on this policy or the application process, please contact recruiting@gafg.com.
COMPANY OVERVIEW
Global Atlantic Financial Group is a leader in the U.S. life insurance and annuity industry, serving the needs of individuals and institutions. Global Atlantic is a majority-owned subsidiary of KKR, a leading global investment firm that offers alternative asset management across multiple strategies and capital markets solutions.
Global Atlantic is looking for a diverse team of talented individuals who reinforce our culture of collaboration and innovation. We are dedicated to the career development of our people because we know they are critical to our long-term success. Join our team and come grow with us.
We use Greenhouse as our scheduling tool and communicate through their systems. At times, your email may block our communications. Please be sure to check your SPAM so that you do not miss critical information about our process, including scheduling.
Associate, Investment Risk – Asset Backed Securities ("ABS")
Responsibilities of this role include helping in the development of a comprehensive investment risk framework, articulating and refining risk appetite principles, risk capture, risk limits and targets, and reporting data-driven aggregation and top-down communication. This role will specifically be tasked with risk coverage related to Asset backed Securities across the credit spectrum, with some overlap in Commercial Real Estate and Corporate Credit. This role is expected to participate in other activities around macro risk-mitigating strategies related to economic balance sheets as we seek the balance between risk and reward. This role will be based in New York City in Global Atlantic's Hudson Yards office space.
Key responsibilities include:
- Partner with the Chief Risk Officer of Investments, other Investment Risk functions, and the broader Investments department to develop and maintain a comprehensive risk framework focused on ABS.
- Lead ongoing implementation of refinements to risk models for all investment portfolios, with a primary focus on ABS
- Serve as a trusted liaison between the Investments department and Investment Risk team, maintaining consistent communication at a steady cadence. Lead discussions and follow-ups on ABS to better understand the fundamental risk that is being originated and purchased.
- Continually challenge the investment risk profile to ensure compliance with risk limits and appetite. Escalate high priority issues to the appropriate audiences and committees.
- Review and opine on transactions that are presented to Investment Committee, specifically focused on compliance with the investment risk framework and limits.
- Review and modify models and analytics in support of the various quarterly portfolio valuation and stress testing processes.
- Assist the broader Risk organization in ad hoc projects and analyses.
- Develop tools to run and analyze current ABS portfolio, and new issue deals.
QUALIFICATIONS
- 3+ years of industry exposure to valuation, analysis and risk management of structured credit (RMBS, CLO, CMBS, ABS)
- Experience at Asset Management or Investment Bank preferred
- Self-motivated, organized, driven individual with excellent communication skills
- Deep understanding of credit and structured products required.
- Direct experience analyzing and investing in Securitized Products
- Dynamic team player who can also operate independently; skilled communicator with the ability to influence and motivate others.
- Proven problem solving and decision-making skills with the ability to analyze complex information, identify key issues, and drive resolutions
- Prepare presentations for Senior Leadership Committees to highlight findings and key issues as they arise
- Demonstrated delivery of high-quality results within expected timelines
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. The base salary range for this role is $100,000 to $190,000
#LI-KS1
TOTAL REWARDS STATEMENT
Global Atlantic's total rewards package is reflective of our corporate values, particularly diversity, excellence and innovation, with a focus on inclusion, pay equity, and flexibility. We are proud to support your personal and professional growth and well-being through programs such as educational assistance, virtual physical therapy, remote/onsite fitness reimbursement, a medical second opinion program, pet insurance, military leave, parental leave, adoption assistance, fertility and family planning coverage. We strive to foster a culture of total well-being through community outreach and charitable giving programs.
We are active in our communities-
- New York: Red Hook Conservancy, Girls Who Invest and The Bowery Mission
- Boston: Cradles to Crayons, Project Bread, Let's Get Ready, Rise Against Hunger, Salvation Army and many other local volunteer organizations in around the Boston area
- Hartford: Habitat for Humanity, Foodshare, Humane Society, Hands on Hartford, Mercy Shelter and Dog Star Rescue
- Indianapolis: Elevate Indianapolis, Gleaners Food Bank and the Juvenile Diabetes Research Foundation
- Batesville: American Cancer Society Relay for Life, Angels of Giving, Margaret Mary Health Foundation, Ripley County Community Foundation, Safe Passage, Batesville High School Sponsorships, local area youth sports and food pantries, as well as many others
- Des Moines: United Way, Central Iowa Shelter & Services, Junior Achievement of Central Iowa and Make a Wish Foundation
- Berwyn: Food drive and will be planning an event to help a local family over the holidays
- Atlanta: Packaged Good Organization, which helps the most vulnerable community members with providing personalized care packages for people in need including the elderly, our armed forces, the homeless and hospitalized kids
- Bermuda: Sponsor of a weekly feeding program operated by The Hamilton Seventh-Day Adventist Church
Social platforms provide an environment to collaborate with others and participate in friendly competitions towards achieving physical, emotional and financial well-being. Our highly competitive health, retirement, life and disability plans can be tailored to best suit your needs and those of your whole family.
Global Atlantic is committed to creating an inclusive environment where everyone can meaningfully contribute to our success. We are proud to be an equal opportunity employer and we do not discriminate in employment on any basis that is prohibited by federal, state or local laws. More than that, we strive to be inclusive of all backgrounds and experiences, which we feel gives us a competitive advantage in the market and within our firm. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, disability, age, or veteran status.
Employees who require an accommodation to perform the essential functions of their job will participate in an interactive process which may include providing documentation. If you are hired and require an accommodation for any protected status, please email benefits@gafg.com.
Please click on the links below to learn more about Global Atlantic.
Global Atlantic Privacy Statement
We strive to be a leading U.S. retirement and life insurance company, delivering clear value to our customers and long-term value to our shareholders. We are committed to addressing our customers’ financial protection needs through a broad range o...
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