About Global Atlantic
Global Atlantic is a leading provider of retirement security and investment solutions with operations in the U.S., Bermuda, and Japan. As a wholly-owned subsidiary of KKR (NYSE: KKR), a leading global investment firm, Global Atlantic combines deep insurance expertise with KKR’s powerful investment capabilities to deliver long-term financial security for millions of individuals worldwide. With a broad suite of annuity, preneed life insurance, reinsurance, and investment solutions, Global Atlantic, through its issuing companies, helps people achieve their financial goals with confidence. For more information, please visit www.globalatlantic.com.
POSITION OVERVIEW
Global Atlantic Financial Company (a subsidiary of Global Atlantic Financial Group Limited) is seeking a candidate for the position of Program Associate, Investment Analytics in New York, NY. Responsibilities include:
- Build and test cashflow projections and pricing models incorporating Moody’s Commercial Mortgage Metrics (CMM) and desk assumptions for Commercial Mortgage-Backed Securities and Commercial Mortgage Loans.
- Leverage Moody’s CMM to calculate Expected Losses for Commercial Mortgage Loans (CML) and Commercial Mortgage-Backed Securities (CMBS) and identify key risk drivers.
- Conduct research on Single Asset Single Borrower (SASB) CMBS historical payoffs, extension options/executions, and defaults using Intex data to spot market trends and better assess the existing portfolio’s risk and performance.
- Calculate scenario yield and weighted average life sensitivities as part of impact analysis of prepayment and extended payoff assumptions.
- Analyze CML historical performance by calculating combined yields using remittances and future cashflows.
- Implement and maintain investment-oriented applications on Beacon to improve the efficiency of investment management and build interactive dashboards on Tableau.
- Run and monitor daily, weekly, and monthly processes to ensure the portfolio’s data accuracy and quality.
- Work with senior team members to address various requests from portfolio management teams and other internal stakeholders.
QUALIFICATIONS
Master’s degree in Quantitative Finance, Financial Engineering, Statistics, or similar quantitative fields of study, plus two (2) years of experience as a quantitative analyst or related role.
OR
Bachelor’s degree in Quantitative Finance, Financial Engineering, Statistics, or similar quantitative fields of study, plus four (4) years of experience as a quantitative analyst or related role.
Minimum Special Requirements:
One (1) year of experience in the following:
- Working in fixed income markets and instruments, including quantitative analytics of commercial mortgage-backed securities and commercial mortgage loans.
- Working with Python and using Python data analysis packages, such as pandas, numpy, or scipy.
- Applying understanding of databases to handle complex queries to large data tables using Amazon Redshift SQL.
- Building and maintaining business intelligence dashboards in Tableau using SQL queries.
- Working with Excel and Pivot tables to calculate complex financial cashflows and yields.
- Using Intex data to analyze the performance and sensitivities of commercial mortgage-backed securities.
- Building and maintaining investment-oriented applications on the Beacon platform.
- Running performance forecasts using Moody’s Commercial Mortgage Metrics (CMM) software to assess default and recovery for commercial real estate mortgages.
The expected annual base salary for this New York, New York, United States-based position is $160,000.
Global Atlantic is an equal opportunity employer, does not discriminate in employment on any basis that is prohibited by federal, state or local laws.
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Our employees are in the office 5 days per week in New York and 4 days per week in all other offices. If you have questions on this policy or the application process, please reach out to [email protected]
Global Atlantic reserves the right to modify the qualifications and requirements for this position to accommodate business needs and regulatory changes. Future adjustments may include obtaining specific licenses or certifications to comply with operational needs and conform to applicable industry-specific regulatory requirements, state and federal laws.
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What We Do
Global Atlantic Financial Group, through its subsidiaries, offers a broad range of retirement, life and reinsurance products designed to help our customers address financial challenges with confidence. A variety of options help Americans customize a strategy to fulfill their protection, accumulation, income, wealth transfer and end-of-life needs. In addition, Global Atlantic offers custom solutions and responsive service for the capital, risk and legacy-business management of life and annuity insurance companies around the world.
