Associate, Quantitative Investment Strategist, Brookfield Wealth Solutions

Location

Business - Wealth Solutions

Brookfield Wealth Solutions (“BWS”; NYSE/TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Through our operating subsidiaries, we offer a broad range of insurance products and services, including annuities, personal and commercial property and casualty insurance and life insurance

Brookfield Culture

Brookfield has a unique and dynamic culture.  We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader:  Entrepreneurial, Collaborative and Disciplined.  Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

Job Description

Business - Wealth Solutions
Brookfield Wealth Solutions (“BWS”; NYSE/TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Through our operating subsidiaries, we offer a broad range of insurance products and services, including annuities, personal and commercial property and casualty insurance and life insurance
Brookfield Culture
Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader: Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

Job Description

The Quantitative Investment Strategy team partners with the asset allocation, investment and M&A teams to develop a robust asset allocation framework and design and implement models to inform decision-making and manage risk.

This includes modelling various fixed income products and alternative assets, optimizing portfolios and investment strategies for various liability profiles and regulatory frameworks, generating economic scenarios, automating investment reporting and performance tracking, and managing and governing models and data.

We are seeking an associate/senior associate to join our team. In this role you will provide critical, hands-on support in the research, development, and implementation of ALM, asset allocation and rebalance strategies. This individual will work closely with portfolio management, sector, capital, actuarial and risk teams to implement new investment strategies within enterprise risk appetite and external regulatory constraints across multiple jurisdictions.

Key Responsibilities

• Provide asset allocation solution for the investment portfolio and perform optimizations around asset-liability management, returns and capital within the context of investment guidelines

• Monitor investment activities, exposures/capacities, liquidity management, sector, asset allocations, concentrations

• Research on capital market assumption models, improving existing quantitative financial processes, and developing new quantitative financial models and optimization techniques

• Recommend portfolio strategies within investment guidelines while balancing multiple constraints including investment and market risk limits, income volatility, tax realization, liquidity and capital usage.

• Evaluating relative value and rebalance strategies across credit and other fixed income asset classes

Requirements

• 4+ years’ experience in an investment role, preferably in cross-asset strategies and portfolio constructions

• Advanced degree in finance, financial engineering, statistics or similar quantitative field from a top university

• Strong understanding of quantitative portfolio construction and optimization techniques (including that of fixed income and liability-hedging portfolios)

• Extensive experience and expertise in both top-down and bottom-up investment analysis, including ALM for onshore and offshore portfolios, strategic/tactical asset allocation, multi-strategy investing, and fixed income portfolio management.

• Solid programing skills in Python, SQL, Excel/VBA

• Ability to clearly articulate ideas, both written and oral, to internal and external audiences across levels of seniority; strong Excel, Word, and PowerPoint skills are essential

• Capital markets knowledge with experience in a variety of asset classes including corporate bonds, securitized products, mortgage loans and derivatives.

• Ability to multi-task and work in a very fast-paced and team-oriented environment

• Experience in an insurance CIO office is a plus

• CFA designation is a plus

Salary Range: $150,000 - $180,000

Our compensation structure is comprised of a base salary and a short-term incentive program (cash bonus). Cash compensation tends to vary based on geography to account for local market conditions and is set to be market competitive. Compensation decisions are based on a number of factors including relative experience, overall years of experience, industry experience, education, and designations

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it.  Accordingly, we do not tolerate workplace discrimination, violence or harassment.