Analyst, Global Asset Liability Management
Manulife is a leading international financial services provider, and they are seeking an Analyst for their Global Asset Liability Management group. The role involves identifying and assessing ALM related risks, improving ALM systems, and supporting investment strategies to meet the company's financial objectives.
Responsibilities
- Ensure the integrity, completeness, and timely production of operational activities and reports and handle efficiency
- Continuously improve and streamline ALM systems, processes and reports
- This will include the improvement of various methodologies employed to acquire economic and accounting risk metrics under IFRS17
- Analyze and explain the movement for various assets and key metrics (Duration gap, earning risk, VaR etc.) due to interest rate changes
- Handle business requirements, requests, and other emerging issues that impact asset management (such as new business, reinsurance transactions, corporate restructuring, acquisitions and integration, capital management, liability segmentation etc.) that have the potential to materially impact earnings and other key risk metrics
- Support the interest rate risk forecast and provide senior management with updated risk position and market driven gain/loss analysis
- Support other ALM teams for the development of liability driven investment strategies and hedging strategies to ensure optimized balance of return and risks
- Support other ALM teams for various balance sheet management tactical initiatives
- Build strong working relationships with investment team, business divisions and group areas to efficiently complete responsibilities
Skills
- ASA/ACIA with investment experience or Masters or equivalent experience in a quantitative discipline, finance or CFA/PRM/FRM or other relevant risk management experience
- Minimum 1 year working experience in a financial/investment risk management environment
- Excellent quantitative finance and/or mathematics skills
- Solid understanding of fixed income, derivatives and ALM strategies, modelling and methodologies
- Prior ALM or other experience in a financial/investment risk management environment is an asset
- Ability to work in ever-changing environment with minimal guidance and to produce high quality reports with tight deadlines
- IFRS9/IFRS17 knowledge/experience is an asset
- Strategic thinker with excellent analytic and problem-solving skills
- Strong communication skills
Benefits
- Health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans
- Various retirement savings plans (including pension and a global share ownership plan with employer matching contributions)
- Financial education and counseling resources
- Generous paid time off program in Canada includes holidays, vacation, personal, and sick days
- Full range of statutory leaves of absence
Company Overview