AVP, Market Risk, ALM & Hedging Leader

Socotra, Inc.; Jersey City (NJ); On-site; USD 180,000 - 200,000; Full time

Benefits offered by this job

Annual bonus based on performance

Generous benefits package

Job summary

Fortitude Reinsurance Company Ltd. is hiring an AVP, Market Risk and ALM and Hedging to join their Market Risk team. This role involves overseeing risk management of hedging programs, building quantitative risk models, and ensuring adherence to ALM guidelines. Candidates should have a graduate degree in Financial Engineering and extensive experience in market risk management. The position offers a base salary range from $180,000 to $200,000, in addition to an annual bonus and benefits in a culture of inclusion.

Qualifications

• Minimum 7-12 years of experience in market risk management.
• Strong understanding of life and annuity insurance liability characteristics.
• Demonstrated ability to communicate complex risk topics to senior leadership.

Responsibilities

• Oversee risk management of hedging programs.
• Evaluate and monitor the performance of these programs.
• Collaborate closely with the Hedging and Trading team.

Skills

Quantitative Finance

Modeling Expertise

Risk Management

Analytical Skills

Programming (Python, C++)

Education

Graduate degree in Financial Engineering or related discipline

Tools

SQL

Power BI

Excel

Job description

Fortitude Reinsurance Company Ltd. is hiring an AVP, Market Risk and ALM and Hedging to join their Market Risk team. This role involves overseeing risk management of hedging programs, building quantitative risk models, and ensuring adherence to ALM guidelines. Candidates should have a graduate degree in Financial Engineering and extensive experience in market risk management. The position offers a base salary range from $180,000 to $200,000, in addition to an annual bonus and benefits in a culture of inclusion.