Investment Risk Officer
The Investment Risk Officer is responsible for providing expertise on how to minimize investment risks within the organization by developing and implementing second line of defense reports, systems, and processes. As a subject matter expert in risk management, this job manages risk oversight and reviews processes related to monitoring and managing capital and liquidity adequacy. Key responsibilities and duties include :
Portfolio Risk Analysis :
- Conduct comprehensive risk assessments of new investment opportunities and existing portfolio positions
- Prepare detailed risk reports and presentations for senior management and investment committees
- Monitor emerging risks, particularly rapid growth impacts in private markets
- Perform stress testing and scenario analysis across alternative asset classes
Risk Framework & Modeling :
Support implementation and monitoring of TIAA's tail risk framework across alternative investment asset classesPrototype and enhance quantitative risk models for Private Equity, Infrastructure, Agriculture, Timberland, and Commercial Real Estate investmentsAnalyze simulation outputs from risk and private and public data analyticsMonitor compliance with risk limits (both notional and tail risk) within TIAA's established risk appetite frameworkCross-Functional Collaboration :
Work closely with investment teams to understand deal structures, due diligence processes, and risk characteristicsPartner with quantitative support teams and other risk management functionsSupport quarterly and annual risk reporting processesCollaborate with offshore team members and provide guidance on analytical tasksSystems & Technology :
Advanced utilization of Excel for complex financial modeling and analysisWork with large datasets and various risk management platformsLeverage different Risk models and systemsProactively incorporate AI / LLM tools for enhanced analytical capabilitiesEducational Requirements :
University (Degree) PreferredWork Experience :
5+ years required; 7+ years preferredPhysical Requirements :
Sedentary WorkCareer Level : 8IC
Required Experience :
5+ years of relevant experience in investment risk management, asset management, institutional investing, or related fieldsPreferred Experience :
7+ years of relevant experience in investment risk management, asset management, institutional investing, or related fieldsBachelor's degree in a quantitative discipline (Mathematics, Statistics, Physics, Computer Science, Finance, Economics, Actuarial Science, or related field)Graduate degree (MBA, MS, MA in relevant field)CFA, FRM, ASA, FSA, PhD, CPA, or other relevant professional certificationsTechnical Skills :
Advanced Excel proficiency (required)Experience working with large datasets and financial databasesProgramming skills (Python, R, SQL, VBA) a plusProactive user of AI / LLM tools with demonstrated advanced use casesFamiliarity with risk management systems and platformsKnowledge Areas :
Strong understanding of fixed income and equity markets, with real assets knowledge a significant plusExposure to private markets (Private Equity, Infrastructure, Real Estate, Private Credit)Understanding of global markets and multiple economic sectorsFamiliarity with insurance company regulatory frameworks (RBC, etc.)Anticipated Posting End Date : 2025-11-22
Base Pay Range : $135,000 / yr - $192,000 / yr
Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).
