Consultant, Risk Analytics - Capital Risk

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As a team member in Finance at Nationwide, the opportunities are endless! Let Nationwide help create your career journey! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care. Join a high‑impact team at the forefront of enterprise‑level capital risk management.

In this role, you’ll be a key contributor to initiatives spanning capital risk and investment risk. You will own multiple Tier 1 models focused on fixed income credit risk and equity/alternative asset risk. Over time, you will expand your scope to influence actuarial asset modeling and product pricing. You’ll collaborate across a wide range of teams, develop analytical solutions, and help safeguard Nationwide’s capital adequacy while supporting business growth at target returns.

You’ll be trained to own and operate multiple Tier 1 quantitative risk and capital models that support our Capital, Appetite, and Limit (CAL) framework. Your responsibilities will include:

• Develop new quantitative models that support asset risk analytics and product underwriting. Translate strategic priorities into operational reality. Enable efficient modeling for production and ad‑hoc analysis purposes.
• Own the operation, maintenance, and continued improvement of the Tier 1 fixed income credit risk model.
• Own the operation, maintenance, and continued improvement of the Tier 1 equity/alternative asset risk model.
• Drive quarterly capital adequacy tests. Support enterprise target capital framework and ad‑hoc stress test.
• Support investment risk analytics and governance. Provide modeling insights for investment risk budget and sector guidelines. Enhance portfolio risk modeling and management.
• Partner with Model Risk Management on model validation and governance.
• Prepare risk reporting to executive committees, including the Board, EFRC, and ERCR.

This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.

It is our intention to fill this role in Columbus, OH. The hired associate must reside within 35 miles of One Nationwide Plaza, Columbus OH, 43215.

Internal Compensation Grade: G5

• Strong quantitative modeling skills with proficiency in Python for statistical and data analysis.
• Solid understanding of economics and investment asset classes.
• Proficiency with Microsoft Excel.
• Strong communication skills and the ability to articulate complex modeling concepts to senior leaders.
• Preferably 5+ years of experience in quantitative risk modeling.
• Preferred professional designations (or progress toward them): CFA, FRM, or FSA.

• Broad Exposure:
  Work closely with teams across investment, investment risk, NF actuarial, P&C actuarial, treasury, and strategy.
• Career Growth:
  Get involved in initiatives that align with your strengths, interests, and long‑term goals.
• Learning Culture:
  We invest heavily in training and development. Your curiosity and drive to learn are just as important as your current skillset.

Do you have the desire to play a critical role in driving data‑based business outcomes? Nationwide has been using data to serve our members and drive business outcomes for almost 100 years. Our industry‑leading workforce accepts an agile work environment and a collaborative culture to deliver outstanding solutions and results. Our Risk Analytics professionals play a key role in transforming quantitative data analysis into meaningful insights that drive business results.

Specifically, they serve as the conduit joining quantitative risk analysts to business partners.

As a Consultant, you’ll be responsible for the creation and management of risk analytics projects to solve business problems and achieve objectives. You’ll work consultatively with your leadership and business partners to match quantitative analysis with business needs. We’ll count on you to be the key point…