Investments Risk Manager

Stamford, Connecticut
Genworth

At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies for those navigating care now with guidance, products, and services that meet families where they are. Further, we are the spouses, children, siblings, friends, and neighbors of those that need care-and we bring those experiences with us to work in serving our millions of policyholders each day.

We apply that same compassion and empathy as we work with each other and our local communities. Genworth values all perspectives, characteristics, and experiences so that employees can bring their full, authentic selves to work to help each other and our company succeed. We celebrate our diversity and understand that being intentional about inclusion is the only way to create a sense of belonging for all associates. We also invest in the vitality of our local communities through grants from the Genworth Foundation, event sponsorships, and employee volunteerism.

Our four values guide our strategy, our decisions, and our interactions:

• Make it human. We care about the people that make up our customers, colleagues, and communities.
• Make it about others. We do what’s best for our customers and collaborate to drive progress.
• Make it happen. We work with intention toward a common purpose and forge ways forward together.
• Make it better. We create fulfilling purpose-driven careers by learning from the world and each other.

POSITION TITLE

Investments Risk Manager

POSITION LOCATION

Stamford, Connecticut (Hybrid)

YOUR ROLE

As an Investments Risk Manager, you’ll play a key role in analyzing, modeling, and monitoring the risk-return profile of our portfolio, particularly the Alternatives asset class (Private Equity, Venture Capital, Infrastructure, and Mezzanine). You will develop new investment risk metrics/reports and communicate results of their analysis to senior leaders.

What you will be doing

• Drive the scenario analysis and stress testing for the Alternatives portfolio, including the production of annual projections for the multi-year financial plan, using both the ‘Alternatives Factor Model’ and ‘Cash Flow Model’
• Execute the performance benchmarking and attribution analysis of the Alternatives portfolio
• Support the CRO-Investments in preparing scenario analysis presentations for senior leaders
• Independently continue development (in R) of the ‘Alternatives Factor Model’, including evaluating appropriateness of current factors for the purpose of quantifying the portfolio risk and return, as well as performing tail risk and factor exposure analysis.
• Collaborate with CRO-Investments in developing the portfolio credit risk model (in R), particularly the simulation module
• Support team in responding to ad-hoc information requests and portfolio risk analysis
• Build an in-depth knowledge of the Alternatives portfolio to identify potential negative impacts due to economic or financial markets shocks

What you bring

• Bachelor’s degree in Finance, Economics, Financial Engineering, Statistics, etc is required. Master’s degree, CAIA, CFA are preferred.
• 5-7 years of experience in Investment Risk Management
• Previous experience with portfolio credit risk modeling, alternative investment risk management, time series and/or econometrics analysis
• Strong investments risk modelling skills
• Strong programing experience in R and excel
• Working knowledge of Alternative Investment Strategies (Private Equity, Infrastructure, Mezzanine)
• Practical mindset in dealing with limited and imperfect information
• Excellent written and oral communication skills to present effectively to team members or leadership at all levels
• Teamwork and ability to build relationships with internal partners, including analysts, portfolio managers and risk managers
• Self-starter and hands on, with excellent organizational skills and proven ability to work independently
• Able to prioritize workload and stay ahead in a constantly changing environment

Employee Benefits & Well-Being

Genworth employees make a difference in people’s lives every day. We’re committed to making a difference in our employees’ lives.

• Competitive Compensation & Total Rewards Incentives
• Comprehensive Healthcare Coverage
• Multiple 401(k) Savings Plan Options
• Auto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded!)
• Generous Paid Time Off – Including 12 Paid Holidays, Volunteer Time Off and Paid Family Leave
• Disability, Life, and Long Term Care Insurance
• Tuition Reimbursement, Student Loan Repayment and Training & Certification Support
• Wellness support including gym membership reimbursement and Employee Assistance Program resources (work/life support, financial & legal management)
• Caregiver and Mental Health Support Services

ADDITIONAL

• At this time, Genworth will not sponsor a new applicant for employment authorization for this position
• No agencies please

For the State of New York:

The base salary pay range for this role starts at a minimum rate of $116,900 up to the maximum of $233,900. In addition to your base salary, you will also be eligible to participate in an incentive plan. The incentive plan is based on performance and the target earning opportunity is 10% of your base compensation. The final determination on base pay for this position will be based on multiple factors at the time of this job posting including but not limited to geographic location, experience, and qualifications to ensure pay equity within the organization.