New York, New York, USA
16 days ago
Director, Risk , Brookfield Wealth Solutions

Location

Brookfield Place New York - 250 Vesey Street, 15th Floor

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

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 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.

Key Responsibilities:

Critically evaluate, develop and implement refinements to risk models for investment portfolio including reporting packages for management to review investment model outputs, sensitivities and results.

Monitoring and reviewing investment, credit and market risk in the investment portfolio working closely with the Investment, Risk and Legal teams.

Preparing reporting outputs and analysis on credit and market risk and presenting results to senior management on a regular basis

Review transactions that are presented to the Investment Committee and provide an overview of investments risks and mitigants.

Continually challenge and ensure investment risk profile stays within agreed risk appetite through the establishment, review and monitoring of risk limits.

Partner with Brookfield’s Technology Services Group for model implementation and production.

Analyze and provide insight into market trends and investment updates.

Assist the broader Risk function in ad hoc projects and analysis.

Requirements:

7-10 years’ experience in an investment risk, financial market risk or asset management role

Prior insurance company experience preferred

Deep understanding of credit products, securitization and illiquid assets

Strong analytical/quantitative background including experience with building investment risk models

Hands-on experience with fixed-income analytics and data manipulation (Python, SQL)

Knowledge of econometric and/or stochastic modeling a plus

Strong communication and presentation skills with great attention to detail

Bachelor’s degree in quantitative fields, Finance/Econ, Math/Stat, Science or Engineering

Advanced Degree preferred.

Proactive, energetic, flexible and resourceful

Ability to represent Brookfield within the business community

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

Salary Range: $175,000 - $190,000

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.

We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.
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