Asset Liability Management Professional

As a team member in Finance at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, 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.

The hired associate must reside within 35 miles of the following location:
Columbus:
One Nationwide Plaza, Columbus OH, 43215

Work schedule:

3 days in office, 2 days remote.

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

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

As a Professional on the Investment Risk Asset/Liability Management (ALM) Team, you will be an important contributor to the development of investment strategy and risk targets across the organization to help the company grow the funds necessary to serve our customers in their greatest times of need. You will leverage your investment and risk management expertise to evaluate asset classes through an ALM lens, ensuring alignment with risk, return, and liquidity objectives.

You’ll be a subject matter expert on investment income forecasting and will lead the automation and modernization of our reporting ecosystem for the ALM team and contribute to the maintenance and enhancements of asset modeling to support pricing, ALM, Corporate Risk Model, along with capital forecasting. You will also aid investment risk and strategy recommendations to senior leadership focusing on impact to total return, investment income, volatility, and capital.

Additionally, you will assist on additional investment risk and ALM‑related research projects.

• Shape ALM strategies by analyzing investment portfolios, interest rate risks, and liquidity needs to optimize balance sheet performance.
• Collaborate with investment teams to assess long‑term asset allocation, evaluate long‑term trends, and provide insights on investment risks and opportunities as they relate to ALM objectives.
• Lead the Net Investment Income forecasting process for the Investment Risk‑ALM team that includes preparing and reviewing quarterly forecast assumptions (prepayments, rates, spreads, and investment pool strategies), preparing new money rate assumptions, and leading client‑specific deliverables.
• Lead the automation and modernization of legacy models for Net Investment Income forecasting by designing and implementing scalable solutions, including modernizing the reporting structures for client deliverables using Power BI/Tableau.
• Monitor capital markets to build and update investment assumptions used in ALM tools and applications; develop and maintain assumptions, including the complex statistical analysis of historical data and trends.
• Maintain and enhance asset modeling to support pricing, ALM, Corporate Risk Model, and investment income and capital forecasting, such as Operating Plan, Strategic Plan, etc.
• Partner with other members of the Investment Risk‑ALM and Product ALM teams to maintain investment pool assumptions and strategies, analyze new purchase cash flow, and ensure accurate alignment of asset terms and holdings data.
• Serve as the primary Investment Risk‑ALM team representative in the ongoing enterprise platform redesign initiative by identifying and communicating ALM‑related issues, providing actionable feedback, and collaborating with stakeholders to create effective solutions.
• Partner with senior members of the Investment Risk‑ALM team to add new asset classes and strategies in the proprietary ALFA model to generate model results for distribution.
• Recommend adjustments to the calibration…