Director, Risk , Brookfield Wealth Solutions

Location

Brookfield Place New York - 250 Vesey Street, 15th FloorBusiness - Wealth Solutions

Brookfield Wealth Solutions (BWS; NYSE/TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Through our operating subsidiaries, we offer a broad range of insurance products and services, including annuities, personal and commercial property and casualty insurance and life insurance

Brookfield Culture

Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader: Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

Job Description

Brookfield Wealth Solutions (BWS; NYSE/TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Through our operating subsidiaries, we offer a broad range of insurance products and services, including annuities, personal and commercial property and casualty insurance and life insurance

Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader: Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

Key Responsibilities:

• Critically evaluate, develop and implement refinements to risk models for investment portfolio including reporting packages for management to review investment model outputs, sensitivities and results.
• Monitoring and reviewing investment, credit and market risk in the investment portfolio working closely with the Investment, Risk and Legal teams.
• Preparing reporting outputs and analysis on credit and market risk and presenting results to senior management on a regular basis
• Review transactions that are presented to the Investment Committee and provide an overview of investments risks and mitigants.
• Continually challenge and ensure investment risk profile stays within agreed risk appetite through the establishment, review and monitoring of risk limits.
• Partner with Brookfields Technology Services Group for model implementation and production.
• Analyze and provide insight into market trends and investment updates.
• Assist the broader Risk function in ad hoc projects and analysis.

Requirements:

• 7-10 years experience in an investment risk, financial market risk or asset management role
• Prior insurance company experience preferred
• Deep understanding of credit products, securitization and illiquid assets
• Strong analytical/quantitative background including experience with building investment risk models
• Hands-on experience with fixed-income analytics and data manipulation (Python, SQL)
• Knowledge of econometric and/or stochastic modeling a plus
• Strong communication and presentation skills with great attention to detail
• Bachelors degree in quantitative fields, Finance/Econ, Math/Stat, Science or Engineering
• Advanced Degree preferred.
• Proactive, energetic, flexible and resourceful
• Ability to represent Brookfield within the business community
• Ability to multi-task and work in a very fast-paced and team-oriented environment

Salary Range: $175,000 - $190,000

Our compensationstructure is comprised ofa base salary and a short-term incentive program (cash bonus). Cash compensationtends to vary based on geography to account for local market conditions and is set to be market competitive. Compensation decisions are based on a number of factors including relative experience, overall years of experience, industry experience, education, and designations

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it. Accordingly, we do not tolerate workplace discrimination, violence or harassment.

We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however