Investment Professional - Client Advisory Services

As a team member in the Finance and Internal Audit department at Nationwide, the opportunities are endless! You can grow and learn in diverse areas across many disciplines such as Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, Critical Business Advisor and so much more.

Let Nationwide help create your career journey! At Nationwide®, on your side goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

This Columbus based hybrid position is an Investments G Band role.

This role does not qualify for employer-sponsored work authorization. Nationwide does not participate in the Stem OPT Extension program

The Quantitative Investment Professional role provides client support related to asset allocation and supportable new purchase rates.

The role will also advise on investment income assumptions for product pricing and product development. The role reports directly to the Head of Client Advisory Services and will work closely with ERM - Asset Liability Management, actuarial risk and pricing, the Investment’s portfolio management team as well as asset class portfolio managers.

Key responsibilities and qualities for this role include :

• Produce and deliver timely and accurate daily supportable rates to business partners
• Produce reporting and provide insights on purchase activity versus supportable rates to portfolio managers and members of the business
• Construct investment income pricing assumptions for large cases
• Support Peer Analysis and ESG initiatives and assist with liquidity analysis and reporting.
• Maintain knowledge of the Investments Data Hub and the ability to identify and extract pertinent information
• Assist across the Client Advisory Services team as needed
• Effectively communicate and collaborate with the ERM-Asset Liability Management, actuarial risk and pricing, portfolio managers and business partners.
• Understand client objectives and constraints, asset liability management and strategic asset allocation concepts
• Maintain knowledge of a broad range of both fixed income and alternative asset classes
• Remain current on Nationwide’s macroeconomic outlook and investment strategy

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Job Description Summary

Our team provides client services related to Investment Management, Strategy and Asset / Liability Management (ALM). We create, maintain, and communicate asset allocation models to support and optimize product pricing strategies.

Analysis is responsive to real time changes in market conditions to achieve the best results for clients.

The Investment Professional analyzes and maintains ALM models and investment policies to support optimal investment allocations to support product pricing.

Job Description

Key Responsibilities :

Works independently, may require guidance on more complex judgements. Has an advanced understanding of Asset / Liability Management (ALM) and Strategic Asset Allocation (SAA).

Assigned to small-mid, less complex accounts.

Provide support and analysis for ALM models.

Analyze and recommend changes to investment policy targets and limits.

Build tools to evaluate reasonableness of models across stochastic scenarios.

Perform and streamline historical economic and market studies for use in ALM models.

Reporting Relationships : Reports to Senior Investment Professional or Investment Leader

Typical Skills and Experiences :

Education : Bachelor’s degree in Finance or related field. MBA preferred. CFA designation or work toward designation preferred.

Experience : 6 to 8 years of investment experience in asset / liability management (ALM), enterprise risk management (ERM), or similar field.

Knowledge, Abilities and Skills :

Proven analytical ability combined with an excellent attention to detail

Knowledge of fixed income securities, including corporate bonds, CMO, MBS, ABS and commercial mortgage loans

Understanding of prepayment and default models

Proficiency with database tools and spreadsheets, specifically Access and Excel

Experience with fixed income portfolio modeling software

Experience with economic capital and rating agency capital requirements of various asset classes

Knowledge of econometric models and time series analysis as applied to economic analysis and financial / capital markets

Other criteria, including leadership skills, competencies and experiences may take precedence.

Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner.

Values : Regularly and consistently demonstrates Nationwide Values.

Job Conditions :

Overtime Eligibility : Not Eligible (Exempt)

Working Conditions : Normal office environment. Some travel may be required.

ADA : The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.

Credit Check : Due to the fiduciary accountabilities within this job, a valid credit check and / or background check will be required as part of the selection process.

Benefits

We have an array of benefits to fit your needs, including : medical / dental / vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more.