Asset Allocation & Investment Strategy Manager

Dow Pension Investments within Treasury is seeking an Asset Allocation & Investment Strategy Manager, located in Midland, MI, USA. This role provides an opportunity to develop strategy, manage assets, and work with market makers and investment professionals. The portfolio of assets to be managed is greater than $20billion, across 11+ defined benefit plans in 5+ countries, and 5 insurance subsidiaries. The team consists of 6 finance professionals.

• Support all aspects of portfolio management to achieve investment objectives across asset classes.
• Optimize asset allocation through quantitative modeling, scenario analysis, research, and engagement with external investment and financial partners; provide strategy and implementation recommendations.
• Lead analytics across assets, liabilities, liquidity, performance, allocation positioning, risk management, and performance attribution.
• Design and implement derivative overlay strategies across fixed income, credit, equity, commodity, and foreign exchange markets, including strategy development and trade execution.
• Advise on long‑term strategic asset allocation to support effective asset‑liability management.
• Conduct economic and capital market research and present insights to the department, investment committees, and governance boards.
• Coordinate with pension operations to ensure accurate and timely transaction processing.
• Collaborate with internal and external stakeholders, including compliance and audit, legal and tax, HR, controllers, treasury, custodians, actuaries, and external investment managers.

• A minimum of a bachelor’s degree (preferably in a quantitative field such as Math, Engineering, Finance and/or Economics) or relevant military experience at or above a U.S. E5 or Canadian Petty Officer 2nd Class or Sergeant ranking.
• A minimum of 6 years of relevant working experience.
• Ability to work legally in the United States. No visa sponsorship/support is available for this position.

• Prior investment management experience.
• Prior asset / liability management experience.
• CFA Charter holder.
• Experience with trading derivative instruments, measuring their risks, and valuation methods.
• Master’s degree or higher education (with a finance or quantitative focus preferred).
• Prior experience in Financial Risk Management, Financial Operations and Financial Planning is desirable.
• Understanding of accounting principles, the regulatory and control environment, and business/financial law.
• Mathematics Modeling:
  Demonstrated competence and interest in mathematical modeling and statistical methods.
• Financial Systems:
  In depth understanding of and interest in technology and financial systems.
• Communication:
  Strong written and verbal communication skills.

Relocation assistance is not available for this position.

• Equitable, market‑competitive base pay and bonus opportunity across our global markets.
• Comprehensive health, dental, vision, and life insurance packages.
• Competitive retirement program, including company‑provided benefits, savings opportunities, and financial planning resources.
• Employee stock purchase programs (availability varies by location).
• Student Debt Retirement Savings Match Program (U.S. only).
• Paid time off for new parents, family care, and volunteering.
• Wellbeing and fitness resources, including onsite facilities where available.
• Various employee discounts and allowances, where applicable.

Dow is an Equal Employment Opportunity employer and is committed to providing opportunities without regard for race, color, religion, sex, including pregnancy, sexual orientation, or gender identity, national origin, age, disability and genetic information, including family medical history. We are also committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures. If you need assistance or an accommodation due to a disability, you may call us at 1-833-My Dow HR ) and select option 8.