DescriptionThe Position:As a member of the Risk Management Team, the Associate as a Financial Quantitative Engineer will assist with risk analysis, monitoring, and framework development across Liberty Mutual Investments with a focus in Analytics. This individual will help develop and/or automate new analytics and existing processes.
In addition to wide-ranging contributions to risk management and monitoring, this Risk Management professional will help to elevate the firm's risk culture of constructive inquiry and advocate for the broader risk framework, which forms an integral part of LMI's investment process.
Responsibilities:- Overseeing and advancing LMI's risk management framework
- Develop and/or enhance risk models and the risk framework to effectively manage risks and to improve risk management capabilities. This will involve data analysis and applying statistical and econometric theories.
- Prepare monthly and quarterly portfolio risk review material, as well as providing ad hoc portfolio and risk analysis as necessary.
- Monitoring global market developments and identifying major risks to our portfolio
- Relating market conditions, industry and regulatory developments to investment execution
QualificationsA degree in Computational Finance, Economics, or technical field and 3-5 years of relevant work experience is required. A graduate degree would be a plus.
The ideal candidate must also have the following qualifications:
- A strong quantitative background, including statistics, computational or numerical simulation methods, and econometrics
- Programming experience in dynamically typed languages, including Python, Excel VBA, SQL
- Familiarity with generative AI models
- Demonstrated capability to drive projects to successful completion through cross-functional collaboration
- Must be a self-starter with ambition and intellectual curiosity, as well as exceptional problem- solving skills, strategic thinking
- Knowledge of various types of investments and their characteristics, including equities, fixed income investments, real estate/real assets and alternative investments
- Familiarity with Bloomberg, Aladdin and other standard financial databases and tools preferred
- Ability to work independently as well as thrive in a team environment
- A passion for risk management and a desire to learn about the field
- Strong communication/interpersonal skills, and the ability to interact with a variety of investments and support professionals
Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://www.libertymutualgroup.com/about-lm/careers/benefits
