Structured Quantitative Analyst II

You desire impactful work.

You'reRGA ready

RGA is a purpose-driven organization working to solve today's challenges through innovation and collaboration. A Fortune 200 Company and listed among itsWorld's Most Admired Companies, we're the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.

A Brief Overview

Supports the analysis of RGA's MBS, ABS, and CMBS portfolios through the creation and enhancement of quantitative models that are both grown organically and received from third parties, while also developing and improving upon reporting tools. Conducts analysis of the aggregate portfolio of these asset classes for cash flows, interest rate risk positioning, credit risk positioning, and all other security analysis work with the use of quantitative models and other reporting tools.

What you will do

• Support the structured product group: build new and maintain existing quantitative models that facilitate in the decision making process of a purchase or sale; assist in facilitating needs of other departments inside and outside of Investments when the structured product group is called upon; stay up-to-date on all third party modeling and tool enhancements and communicate updates with the group; support deal flow and administrative tasks involved with private transactions that the structured product group manages.
• Gather data and intelligence to support in the creation or enhancement of structured security models and reporting from sources such as: sales and trading staff at Wall Street firms, Bloomberg news and messages, selective research and other emails from Wall Street brokers and analysts. Communicate these findings with the structured product group and how it will affect the relative value analysis on structured securities.
• Maintain documentation required for deals and sectors that allows the team to analyze the collateral and structure, facilitating in the decision-making process.
• Work with Operations and the Middle Office on assets that need cashflows to be loaded versus using a third-party model such as BlackRock Anser engine provides.
• Demonstrate the ability to provide credit and relative value analysis of potential portfolio purchases and provide ongoing monitoring of credit trends for existing portfolio holdings of non-government guaranteed structured securities.
• Track spreads of all sectors and sub-sectors of the structured products market including RMBS, CMBS, ABS and CDOs/CLOs.
• Support the Traders and Middle Office in reviewing and challenging prices of securities in the different portfolios documenting the reasons for challenges according to accounting standards.
• Use available systems and tools (Bloomberg, BlackRock Aladdin, etc) to facilitate in quantitative analysis and report building.

Education and Experience

Required

• Bachelor's Degree in Math, Statistics, Economics, Risk Management, or Finance related field
• 2 to 5 years relevant work experience

Preferred

• MBA, MS Finance, or related postgraduate degree
• CFA, FRM, or PRM accreditation or progress toward

Skills and Abilities

Required

• Advanced skills in Excel, and SQL Query.
• Intermediate knowledge and understanding of quantitative factors, tools, and modeling techniques.
• Intermediate oral and written skills to be able to clearly and concisely communicate research and ideas.
• Intermediate knowledge and understanding of asset/liability management in an insurance context.
• Intermediate skills in portfolio analysis and fixed income analytics (i.e. sector weightings, portfolio duration, performance attribution, convexity, and term structure of interest rates)
• Intermediate knowledge of investment management systems, including trade order management, fixed income analytics and compliance.
• Intermediate skills in portfolio and security-level analysis system tools.
• Intermediate ability to make timely and effective decisions and produce results through strategic planning and the implementation and evaluation of programs and policies.
• Intermediate ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines.
• Advanced skills in managing multiple tasks, projects and/or sub-teams simultaneously, including the ability to handle changing priorities.
• Advanced project management skills. Demonstrates ability to evaluate project objectives and scope feasibility, gain understanding, schedule resources, and manage budget to plan.
• Intermediate knowledge of investment accounting

What you can expect from RGA:

• Gain valuable knowledge from and experience with diverse, caring colleagues around the world.
• Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.
• Join the bright and creative minds of RGA, and experience vast, endless career potential.

Compensation Range:

$87, $131,450.00 Annual

Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits.

RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws.