Financial Risk Director

Job Purpose

The Financial Risk Director contributes to the Risk function's oversight of risk management activities across the organization. The Director is a technical expert in risk management and possesses strong experience in developing risk analytics for annuity businesses. This individual measures, monitors, analyzes, and reports the risk exposures of the company, namely market, credit, insurance, and model risk. The Financial Risk Director reports to the VP, Risk and is a technical role that will be exposed to the full spectrum of the Risk function's responsibilities.

Essential Responsibilities

• Acts as a key contributor to the development and use of quantitative models and analytical tools that facilitate robust risk analytics related to the company's capital and liquidity positions.
• Acts as a subject matter expert on the calibration of the company's Economic Scenario Generator, which is used to produce the joint distribution of equity and interest rates used for risk analysis.
• Provides effective review, challenge, and recommendations for enhancement of the Risk Appetite and Limits structure and calibration of models used to assess risk exposure.
• Contributes to the design, analysis, and implementation of the Stress and Scenario Testing / Reverse Stress Testing process and provides risk insight from the results.
• Performs validations and control reviews of actuarial / financial models, including assessments of the methodologies and assumptions used within models.
• Develops and maintains effective relationships with other functions (ALM, Treasury, Finance, Actuarial, Audit, Compliance, etc.) to facilitate a holistic view of risk across the organization and to strengthen cross-disciplined risk management.
• Contributes to the development of the next level of talent to build bench strength and increase efficiency and productivity of the team.

Other Duties

Knowledge, Skills and Abilities

Qualifications

We don't just accept difference - we celebrate it, we support it, and we thrive on it for the benefit of our employees, our products and our community. Jackson is proud to be an equal opportunity workplace. The Company subscribes to and endorses federal and state laws and regulations relating to equal employment opportunity for all persons without regard to race, color, religion, gender, age, national origin, legally-recognized disability, marital status, legally-protected medical condition, citizenship, ancestry, height, weight, sexual orientation, veteran status, or any other factor not related to the needs of the job. The Company is committed to a policy of equal opportunity. Company facilities and campuses are tobacco-free environments.