Investment Professional - Strategic Asset Allocation

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.

Location:

On-site/Hybrid in Columbus, OH

The Client Advisory Services – Pricing team works closely with portfolio and risk managers to connect the Office of Investments with life and annuity product pricing. We use creativity and investment and insurance product knowledge to evaluate new asset purchases for both new and existing Nationwide Financial products. We are highly collaborative and strategic, often managing many different objectives and technical perspectives.

The ideal candidate will be skilled at complex and ambiguous quantitative problem-solving and an excellent communicator. This role offers the opportunity to be influential at a high level of organizational strategy and perform innovative analysis in the rapidly evolving fixed income industry.

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

This position will be hired on a Success Flex basis.

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.

Our team provides client services related to Investment Management, Strategy and Asset/Liability Management (ALM). We create, maintain, and communicate asset allocation models to support and optimize product pricing strategies. Analysis is responsive to real time changes in market conditions to achieve the best results for clients.

The Investment Professional analyzes and maintains ALM models and investment policies to support optimal investment allocations to support product pricing.

• Works independently, may require guidance on more complex judgements. Has an advanced understanding of Asset/Liability Management (ALM) and Strategic Asset Allocation (SAA). Assigned to small-mid, less complex accounts.
• Provide support and analysis for ALM models.
• Analyze and recommend changes to investment policy targets and limits.
• Build tools to evaluate reasonableness of models across stochastic scenarios.
• Perform and streamline historical economic and market studies for use in ALM models.

Reports to Senior Investment Professional or Investment Leader

Education:

Bachelor’s degree in Finance or related field. MBA preferred. CFA designation or work toward designation preferred.

Experience:

6 to 8 years of investment experience in asset/liability management (ALM), enterprise risk management (ERM), or similar field.

Knowledge, Abilities and

Skills:

• Proven analytical ability combined with an excellent attention to detail
• Knowledge of fixed income securities, including corporate bonds, CMO, MBS, ABS and commercial mortgage loans
• Understanding of prepayment and default models
• Proficiency with database tools and spreadsheets, specifically Access and Excel
• Experience with fixed income portfolio modeling software
• Experience with economic capital and rating agency capital requirements of various asset classes
• Knowledge of econometric models and time series analysis as applied to economic analysis and financial/capital markets

Other criteria, including leadership skills, competencies and experiences may take precedence.

Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner.

Regularly and consistently demonstrates Nationwide Values.

Overtime Eligibility:
Not Eligible (Exempt)

Working Conditions:

Normal office environment. Some travel may be required.

ADA:
The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of…