Mgr, Asset Liability Management

TIAA; Charlotte (NC); On-site; USD 127,000 - 167,000; Full time

Job summary

TIAA is seeking an Asset Liability Management professional in Charlotte, NC, to apply advanced quantitative, actuarial, financial, and AI expertise to model and manage risk/return of assets and liabilities. You will design, build, and maintain models and tools to value investments, project behavior, and evaluate performance under varied markets.

The role emphasizes collaboration with stakeholders, producing model documentation, and driving pricing and risk decisions that support client outcomes

Qualifications

• Bachelor's degree in a quantitative field.
• 5+ years of ALM and/or actuarial experience.
• Strong coding and technical skills in Excel, VBA, Python, PowerPoint, and AI.

Responsibilities

• Measures, monitors, and reports ALM risk metrics and stress tests.
• Designs, implements, and enhances pricing and risk models.
• Builds model performance tools and conducts back testing.
• Calibrates liability crediting strategies to improve client returns.
• Develops tools for model-output analysis and scenario data handling.
• Leads model configuration and production for projects.
• Prepares documentation for Model Risk Management and regulators.
• Collaborates with stakeholders on pricing and risk inquiries.
• Solves complex ALM challenges with limited guidance.

Skills

ALM expertise

Quantitative analysis

Financial modeling

Problem solving

Attention to detail

Communication

Negotiation

Programming

Risk management

Strategic thinking

Education

Bachelor's degree

Tools

Excel

VBA

Python

PowerPoint

AI concepts

Job description

Asset Liability Management

The Asset Liability Management role applies advanced quantitative, actuarial, financial, and AI expertise to model, measure, and assist with managing risk and return of the organization's assets and liabilities on an integrated basis. This role helps to design, build, and maintain the models, tools, and analytical frameworks used to value investments, project asset and liability behavior, and evaluate performance and risk across a wide range of economic and market environments, and then help to translate these insights into investment, hedging, and product design strategies that optimize financial outcomes and strengthen decision-making for our clients and the enterprise.

Key Responsibilities and Duties

• Measures, monitors, and reports Asset Liability Management (ALM) risk metrics (Economic Capital, Effective Duration Gap, etc.) and assistswith stress testing of economic conditions and participant activity to analyze potentialvulnerability to the organization.
• Designs, implements, and enhances pricing and risk models across diverse asset classes.
• Builds andenhances model performance-monitoring and reporting tools (including back testing) and performs user acceptance testing.
• Analyzes and calibrates of liability crediting strategies thatfactor in the firm's capital strength and enhances client returns.
• Develops and maintains various tools for model-output analysis, scenario-data handling, andrisk/return calculations.
• Leads model configuration and production for projects and business operations.
• Prepares documentation for Model Risk Management, Internal Audit, and regulators/rating agencies.
• Collaborates with stakeholders on pricing and risk inquiries.
• Solves complex and ambiguous ALM challenges with limited guidance.

Educational Requirements

• Bachelor's Degree Required

Work Experience

• 5+ Years Required; 7+ Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level

8IC

Required Experience

• 5+ years of ALM and/or Actuarial experience

Preferred Experience

• 7+ years of ALM and/or Actuarial experience
• Advanced degree in quantitative field
• Outstanding quantitative and technical skills with ability to interpret and draw accurate conclusions from financial, market and economic data
• Investment management and liability-driven asset allocation experience
• Strong technical and coding skills including Excel, VBA, Python, PowerPoint and artificial intelligence skills
• Excellent problem solving and analytical skills, detail-oriented, independent and creative thinking, time management and organizational skills
• FSA and/or CFA
• Annuity, pension, or other insurance product experience
• Experience with stress testing, economic capital and asset strategies
• Experience with capital markets, various asset classes and economic scenario generation
• Experience with reinsurance
• Experience with internal audit and other regulatory reviews

*LI-CS1

Related Skills: Data Analysis, Detail-Oriented, Financial Acumen, Financial Modeling, Financial Risk Management, Influence, Negotiation, Problem Solving, Programming, Quantitative Analysis, Risk Modeling, Risk Reporting, Strategic Thinking

Anticipated Posting End Date

2026-10-24

Base Pay Range: $127,000/yr - $167,000/yr

Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).

Company Overview

Every worker deserves a secure retirement. For more than 100 years, TIAA has delivered it for millions of people. Founded to help educators retire with dignity, today weʼre a market-leading retirement company fueled by world-class asset management. But weʼre not just another legacy financial services firm. Weʼre fighting harder than ever before for our clients and the many Americans who need us.

Our Culture of Impact

At TIAA, we're on a mission to build on our 100+ year legacy of delivering for our clients while evolving to meet tomorrow's challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together, we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People, Be Client Obsessed, Lead with Integrity, Own It, and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose, accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveen's entrepreneurial spirit, where we work hard and work together to create lasting impact. Here, every associate can grow through meaningful learning experiences and development pathways—because when our people succeed, our impact on clients' lives grows stronger.

Benefits and Total Rewards

The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary.

Equal Opportunity

We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.

Our full EEO & Non-Discrimination statement is on our careers home page, and you can read more about your rights and view government notices here.

Accessibility Support

TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.

If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:

Phone: [phone]

Email: [e-mail]

Drug and Smoking Policy

TIAA maintains a drug-free and smoke/free workplace.

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