The Quantitative Risk Management role participates in developing and implementing global risk quantitative and analytic models to support efforts to minimize risk. Working under limited supervision, the Quantitative Risk Management Analyst provides risk management support for the business in key risk identification, measurement, and aggregation; and the understanding and management of risk through appropriate practices and processes
Key Responsibilities and Duties
- Assists with developing and/or reviewing models to support identification and review of risk issues, risk metrics and risk exposure.
- Applies established risk metrics and risk tolerance guidelines and policies.
- Develops processes for effective and efficient reporting and data analysis to minimize risk exposure.
- Ensures data inputs to models are valid and appropriate.
- Supports the risk management system and regularly communicates material risk issues, risk metrics, and risk exposure resolutions.
- Contributes to explanations of quantitative risk management policies and procedures to ensure timely and transparent communication.
- University (Degree) Preferred
- 5+ Years Required; 7+ Years Preferred
- Physical Requirements: Sedentary Work
Career Level
8IC
Software Developer – Financial Risk ManagementJob Description
This position requires the candidate to work with Risk Data Analytics and Infrastructure team to build and enhance risk analytics systems, processes, reports to support the Enterprise Risk team at TIAA. The ideal candidate must have strong experience performing financial risk analysis and implementing models in Python.
Work Experience5-8 Years Required.
Required Skills- Bachelors in information technology or related fields
- Prior experience performing financial risk analysis and implementing models using Python (or R).
- Prior experience and domain knowledge in Asset Management / Financial Risk Management Technology: Deep understanding of financial products data (Equities, Fixed Income)
- Excellent verbal and written communication skills.
- Experience in building various feeds to risk engines (MSCI Risk Manager, FactSet) using batch or service API.
- Experience with reporting or data visualization tools (Tableau or Power BI)
- Experience with RDBMS (Oracle, MS SQL, MySQL)
- Prior experience in / knowledge of alternative asset classes such Commercial Real Estate, Private Equity, Energy, Infrastructure, Timber, Agriculture, etc.
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Company Overview
TIAA Global Capabilities was established in 2016 with a mission to tap into a vast pool of talent, reduce risk by insourcing key platforms and processes, as well as contribute to innovation with a focus on enhancing our technology stack. TIAA Global Capabilities is focused on building a scalable and sustainable organization , with a focus on technology , operations and expanding into the shared services business space.
Working closely with our U.S. colleagues and other partners, our goal is to reduce risk, improve the efficiency of our technology and processes and develop innovative ideas to increase throughput and productivity.
We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.
Accessibility Support
TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.
If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:
Phone: (800) 842-2755
Email: [email protected]
Privacy Notices
For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here.
For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here.
For Applicants of TIAA Global Capabilities, click here.
For Applicants of Nuveen residing in Europe and APAC, please click here.
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What We Do
Every worker deserves a secure retirement. For more than 100 years, weʼve delivered it for millions of people—and weʼre not done yet. Founded to help educators retire with dignity, today weʼre a market-leading retirement company fueled by world-class asset management.
But weʼre not just another legacy financial services firm. Weʼre fighting harder than ever before for our clients and the many Americans who need us.
And weʼre hiring. When you work at TIAA, youʼre making a difference in the lives of our clients. Weʼre always on the lookout for great people to become part of our coalition of champions and are committed to providing equal opportunity across all employment practices as we believe our employees have a right to a diverse and inclusive workplace. Join our team today in the fight to help more people to and through retirement.
Why Work With Us
TIAA provides financial security for millions and offers our employees opportunities to grow in a culture that embraces diversity, innovation, and high performance.
