Head of Trading

About the role

At Corebridge Financial, we believe action is everything. That's why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow. We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life: We are stronger as one: We collaborate across the enterprise, scale what works and act decisively for our customers and partners. We deliver on commitments: We are accountable, empower each other and go above and beyond for our stakeholders. We learn, improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future. We are inclusive: We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work. Market Risk Management is a multi-disciplinary financial derivatives team that applies state-of-the-art technology in performing highly dynamic work. Our mandate is to hedge one of the most complex derivatives available today: retirement benefit guarantees. In service of that mandate we: manage a $50 billion+ multi-asset hedging portfolio, do research and development of new retirement products, and provide modeling and analytics expertise for the business. We are part of a larger organization but cultivate the entrepreneurial spirit of a small start-up. Our work is cutting edge within the industry.

Responsibilities

• Lead the daily management of derivatives book
• Manage the portfolio and operations of the FIA/RILA/IUL hedging book
• Aggregate and analyze risk data on both assets and liabilities
• Ensure accurate and up-to-date risk reporting
• Perform quantitative analysis on large scale derivatives portfolio
• Advance new hedging strategies
• Support new FIA/RILA product designs
• Strategic capital analysis
• Communicate results to external constituents, including senior leadership
• Interact/maintain close relationship with banks and investment community to stay abreast of new developments in capital markets space
• Communicate and coordinate with staff throughout the businesses and functions on specific risk issues
• Provide technical expertise to questions from internal and external sources
• Financial derivatives and investment related projects as needed
• Manage a team of 3 FTEs

Requirements

• Able to perform under pressure in fast paced environment where priorities can shift quickly
• At least 10 years of relevant experience in the financial services industry.
• Master's degree in numerate field a plus.
• CFA, FRM, CQF or other financial mathematics designation(s) a plus
• Strong programming skills with knowledge of C++/VBA/Python/MATLAB preferred
• Knowledge/experience includes one or more of the following:
• Capital Markets (CFA Level)
• Risk Management (FRM Level)
• Derivatives models and valuation techniques
• Advanced hedging techniques
• Annuity product design/structuring
• Quantitative investment strategies
• Fundamentals of GAAP/statutory accounting and regulation for life insurance liabilities
• User level data-base expertise. Knowledge of Access or SQL is preferred.
• Personal attributes of a successful candidate would include:
• Enjoy working on multidisciplinary team to solve analytically complex problems.
• Detail and process oriented.
• Comfortable working in a structured environment that emphasizes operational controls.
• Ability to work on multiple projects, often with tight deadlines.

Benefits

Your Match

How well this role fits your profile.

Company Intel

What employees say

Worked at corebridgefinancial? Share your experience