Northwestern Mutual Life Insurance Company
Analyst I or II - Investment Strategy, Spread Lending
Northwestern Mutual Life Insurance Company, Milwaukee, Wisconsin, United States, 53244
At Northwestern Mutual, we are strong, innovative and growing. We invest in our people. We care and make a positive difference.
Job Summary
NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC , located in Milwaukee, WI, is a registered investment adviser and wholly owned subsidiary of the Northwestern Mutual Life Insurance Company (NM) with over $250 billion in assets under management. Northwestern Mutual's spread lending business is managed within NMIMC's Investment Strategy Department (ISD). The business has grown to over $11 billion since establishment in 2020. Spread lending generates investment income through financing the purchase of well-matched investment grade fixed income assets across multiple financing sources. The Analyst will join and support ISD's spread lending team.
What you will do:
This role will be a member of ISD's spread lending team, responsible for maintaining tools and reports and executing operations under supervision. The Analyst will develop an understanding of spread lending business objectives and Northwestern Mutual's investment and risk management processes.
Primary Responsibilities and Accountabilities :Maintain and update spread lending tools, reports, and trackers as related to assets, liabilities, profitability, financing sources/costs, and funding agreement-backed markets.Support data and processes aiding team development of dynamic spread lending dashboards.Support new business pricing tools, inforce asset-liability projection models, and analysis.Support daily monitoring and operations, including cash monitoring and commercial paper trade ticket submission. Support prospective asset-liability maturity management.Develops an understanding of the spread lending business objectives and operations.Develops an understanding of fixed income asset classes, financing sources, and asset-liability risk management.Develops an understanding of statutory accounting, economic capital, and Northwestern Mutual's approach to investment and risk management.Maintain strong working relationships within the spread lending team and across the department/function/enterprise.Progress towards professional investment or actuarial certification (CFA/ASA).Relevant Technical Skills:
MS Office/ExcelBloomberg, AladdinSQL, Power BI, SnowflakePYTHON, R, or other advanced data analytics skillsActuarial or ALM Modeling Software (MG-ALFA, Prophet, GGY Axis, etc.)Requirements:
Bachelor's degree in finance, actuarial science, economics, accounting, computer science/engineering or related field or equivalent work experience.General understanding of interest rates, fixed income assets, and derivatives.General understanding of ALM and risk metrics.Proficiency in Excel.Familiarity in SQL and/or data querying. Familiarity with Power BI or related.Strong work ethic and communication skills. Advanced problem solving skills.Intellectual curiosity in investments and financial markets.Thinks with an enterprise mindset.
#LI-Hybrid
Compensation Range:
Northwestern Mutual pays on a geographic-specific salary structure and placement in the salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity as well as the cost of labor in the market; and other conditions of employment. At Northwestern Mutual, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. Please note that the salary range listed in the posting is the standard pay structure. Positions in certain locations (such as California) may provide an increase on the standard pay structure based on the location. Please click here for additional information relating to location-based pay structures.
Grow your career with a best-in-class company that puts our client's interests at the center of all we do. Get started now!
We are an equal opportunity/affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, disability, age or status as a protected veteran, or any other characteristic protected by law.
If you work or would be working in California, Colorado, New York City, Washington or outside of a Corporate location, please click here for information pertaining to compensation and benefits.
Job Summary
NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC , located in Milwaukee, WI, is a registered investment adviser and wholly owned subsidiary of the Northwestern Mutual Life Insurance Company (NM) with over $250 billion in assets under management. Northwestern Mutual's spread lending business is managed within NMIMC's Investment Strategy Department (ISD). The business has grown to over $11 billion since establishment in 2020. Spread lending generates investment income through financing the purchase of well-matched investment grade fixed income assets across multiple financing sources. The Analyst will join and support ISD's spread lending team.
What you will do:
This role will be a member of ISD's spread lending team, responsible for maintaining tools and reports and executing operations under supervision. The Analyst will develop an understanding of spread lending business objectives and Northwestern Mutual's investment and risk management processes.
Primary Responsibilities and Accountabilities :Maintain and update spread lending tools, reports, and trackers as related to assets, liabilities, profitability, financing sources/costs, and funding agreement-backed markets.Support data and processes aiding team development of dynamic spread lending dashboards.Support new business pricing tools, inforce asset-liability projection models, and analysis.Support daily monitoring and operations, including cash monitoring and commercial paper trade ticket submission. Support prospective asset-liability maturity management.Develops an understanding of the spread lending business objectives and operations.Develops an understanding of fixed income asset classes, financing sources, and asset-liability risk management.Develops an understanding of statutory accounting, economic capital, and Northwestern Mutual's approach to investment and risk management.Maintain strong working relationships within the spread lending team and across the department/function/enterprise.Progress towards professional investment or actuarial certification (CFA/ASA).Relevant Technical Skills:
MS Office/ExcelBloomberg, AladdinSQL, Power BI, SnowflakePYTHON, R, or other advanced data analytics skillsActuarial or ALM Modeling Software (MG-ALFA, Prophet, GGY Axis, etc.)Requirements:
Bachelor's degree in finance, actuarial science, economics, accounting, computer science/engineering or related field or equivalent work experience.General understanding of interest rates, fixed income assets, and derivatives.General understanding of ALM and risk metrics.Proficiency in Excel.Familiarity in SQL and/or data querying. Familiarity with Power BI or related.Strong work ethic and communication skills. Advanced problem solving skills.Intellectual curiosity in investments and financial markets.Thinks with an enterprise mindset.
#LI-Hybrid
Compensation Range:
Northwestern Mutual pays on a geographic-specific salary structure and placement in the salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity as well as the cost of labor in the market; and other conditions of employment. At Northwestern Mutual, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. Please note that the salary range listed in the posting is the standard pay structure. Positions in certain locations (such as California) may provide an increase on the standard pay structure based on the location. Please click here for additional information relating to location-based pay structures.
Grow your career with a best-in-class company that puts our client's interests at the center of all we do. Get started now!
We are an equal opportunity/affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, disability, age or status as a protected veteran, or any other characteristic protected by law.
If you work or would be working in California, Colorado, New York City, Washington or outside of a Corporate location, please click here for information pertaining to compensation and benefits.