Manager, Investment Risk Officer

Financial Risk and Capital Management

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.

• 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

• Support implementation and monitoring of TIAA's tail risk framework across alternative investment asset classes
• Prototype and enhance quantitative risk models for Private Equity, Infrastructure, Agriculture, Timberland, and Commercial Real Estate investments
• Analyze simulation outputs from risk and private and public data analytics
• Monitor compliance with risk limits (both notional and tail risk) within TIAA's established risk appetite framework

• Work closely with investment teams to understand deal structures, due diligence processes, and risk characteristics
• Partner with quantitative support teams and other risk management functions
• Support quarterly and annual risk reporting processes
• Collaborate with offshore team members and provide guidance on analytical tasks

• Advanced utilization of Excel for complex financial modeling and analysis
• Work with large datasets and various risk management platforms
• Leverage different Risk models and systems
• Proactively incorporate AI/LLM tools for enhanced analytical capabilities

• University (Degree) Preferred

• 5+ Years Required; 7+ Years Preferred

• Physical Requirements:
  
  Sedentary Work

8IC

• 5+ years of relevant experience in investment risk management, asset management, institutional investing, or related fields

• 7+ years of relevant experience in investment risk management, asset management, institutional investing, or related fields
• Bachelor'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 certifications

• Advanced Excel proficiency (required)
• Experience working with large datasets and financial databases
• Programming skills (Python, R, SQL, VBA) a plus
• Proactive user of AI/LLM tools with demonstrated advanced use cases

• Strong understanding of fixed income and equity markets, with real assets knowledge a significant plus
• Exposure to private markets (Private Equity, Infrastructure, Real Estate, Private Credit)
• Understanding of global markets and multiple economic sectors
• Familiarity with insurance company regulatory frameworks (RBC, etc.)