Senior Investment Risk Analyst, Fixed Income

Location and Schedule Columbus, OH – One Nationwide Plaza, Columbus, OH 43215. Must reside within 35 miles of the location. Work schedule: 3 days in office, 2 days remote. Relocation offered. Key Responsibilities Develop and maintain quantitative analytics using advanced statistical, quantitative, or econometric techniques to enhance portfolio risk management and optimize portfolio construction. Assist in implementation and delivery of analytics to different areas of risk and investments. Perform advanced quantitative analyses and model development, proactively identify emerging risks, and develop tools & applications to enhance the investment and risk management process. Research the best industry practice in risk management and portfolio management, develop insightful risk analytics, and formulate potential hedging recommendations. Keep abreast of current financial markets, macro events, industry trends, trading activity, and regulatory developments; connect them to the potential impact on portfolio risks. Conduct scenario analysis/Stress Test/Cycle Analysis/Factor Analysis/Performance Attribution to provide insights on portfolio risks/returns, asset allocation, and sector allocation. Experience: 5+ years of investment/risk management/quantitative modeling experience. Graduate work may be substituted for work experience as appropriate. Understands and assesses key business needs. Proactively owns the strategic development of appropriate quantitative modeling solutions. Collaborates with organizational departments or business functions to accomplish strategic goals, objectives, and initiatives. Builds risk analytic strategies for business problems through collaborating, consulting and driving expectations. Leads in the understanding and analysis of models across the enterprise to ensure that model assumptions, processes and outputs are well understood and that modeling standard methodologies are upheld. Crafts clear and concise summaries of findings and recommendations. Uses impactful storylines and data visualization geared to both technical and non-technical audiences. Drives business value through crafting and communicating strategic business solutions to leaders. Leads all aspects of development, testing, implementation and administration of quantitative modeling processes and tools. Evaluates and ranks quantitative solutions to business problems. Leads communication of the key benefits and limitations of sophisticated modeling tools for business applications. Leads governance of modeling tools and ensures they are applied consistently. Knowledge, Abilities and Skills Strong foundational knowledge of fixed income securities and markets, particularly from a portfolio risk perspective. Experience performing data-driven risk analysis on fixed income portfolios, including evaluating aggregate exposures to interest rate, credit, and liquidity risk. Thorough understanding of risk metrics like duration and convexity, as well as experience with portfolio-level stress testing and scenario analysis. Strong quantitative aptitude and an analytical mindset, with a proven ability to solve complex problems using a data-driven approach. Logical thinker who can creatively structure an analysis, apply appropriate statistical methods, and interpret results to generate meaningful risk insights. Prior experience with specific programming languages or analytical platforms is a plus; a demonstrated capacity to quickly learn and apply new technical tools and modeling techniques is paramount. Exceptional written and verbal communication skills are non-negotiable, as the role requires presenting complex quantitative analysis to various stakeholders, including senior management and portfolio managers. Ability to distill intricate analytical findings into clear, concise, and actionable insights, creating compelling presentations and reports that effectively convey risk exposures and their potential impact on the portfolio. Progress toward CFA, FRM, or other similar professional designations desired. Strong teamwork skills are essential, great attention to detail, and ability to multi-task. Proven knowledge of processes and functions spanning the insurance and risk management cycle. Understands machine learning, stochastic processes, Monte Carlo simulations, sampling methods and other statistical techniques applicable to specialized risk modeling. Confirmed mathematical knowledge of specialized risk models such as those used in hedging, economic scenario generation, catastrophe, credit risk, etc. Advanced understanding of risk management operations such as asset‑liability management, portfolio risk assessment, hedging, etc. Sophisticated communication and presentation skills. Advanced proficiency with Excel and Powerpoint. Education and Experience Undergraduate studies in finance, accounting, economics, statistics, mathematics or related subject area required. Graduate‑level studies in a related field with advanced degree highly desirable. Typically, seven or more years of related work experience in financial risk modeling or actuarial functions. License / Certification / Designation Progress toward FCAS, FSA, CQF, CFA or similar preferred. Reporting Relationships Reports to Risk/Actuarial leader. Job Conditions Overtime Eligibility: Not Eligible (Exempt). Working conditions: Normal office environment. 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. Benefits 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 pr‑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. Equal Employment Opportunity Statement Nationwide is an equal‑opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic or classification protected by applicable law. #J-18808-Ljbffr Nationwide Mutual Insurance Company