Asset Liability ManagementThe Asset Liability Management role leads a multi-disciplinary asset-liability management team to apply advanced quantitative, actuarial, financial, and technical expertise to model, measure, and manage the risks and returns of the organization's assets and liabilities on an integrated basis. This role will oversee the design, development, and maintenance of the models, tools, and analytical frameworks to value investments, project asset and liability behavior, and evaluate financial performance and risks across a wide range of economic and market environments. This role will translate these insights into investment, hedging, and product design strategies that optimize financial outcomes and strengthen decision-making for our clients and the enterprise.
Key Responsibilities and Duties- Define asset liability management (ALM) risk and performance metrics such as economic capital, effective duration gap, risk-adjusted return, etc. and propose strategies for improving asset-liability performance.
- Lead stress testing and optimization and report to senior leadership and governance committees.
- Own interest-rate risk for the enterprise balance sheet, recommending asset and liability strategies to manage and hedge interest rate and other financial risks, reviewing rating-agency treatment and capital requirements, and providing subject-matter expertise across the organization under relevant regulatory regimes.
- Collaborate with senior management to define ALM and modeling strategies that support growth, financial performance, and risk-management goals.
- Apply advanced actuarial, analytical, and quantitative skills, leveraging the latest technologies and artificial intelligence (AI) capabilities to develop investment, risk, and product strategies to enhance financial outcomes and achieve ALM goals.
- Work with various teams to devise and test investment allocations and target portfolio compositions for new initiatives and products.
- Incorporate and lead implementation of AI initiatives to improve efficiencies and sophistication of ALM analytics and financial performance.
- Oversee model performance monitoring and reporting, leading discussions with Model Risk Management, Internal Audit, regulators, and rating agencies.
- Manage liability crediting optimization efforts, providing ALM expertise for enterprise strategic initiatives and producing and presenting financial analyses and recommendations to executive leadership for key decision-making.
- Manage performance of team through regular, timely feedback as well as the formal performance review process to ensure engagement, development of team members, and delivery of exceptional results.
Educational Requirements- University (Degree) Preferred
Work Experience- 8+ Years Required; 10+ Years Preferred
Physical Requirements- Physical Requirements: Sedentary Work
Career Level 10PL
REQUIRED QUALIFICATION - 8+ years of asset-liability management, financial engineering, investment management, actuarial, modeling and/or other quantitative experience
PREFERRED QUALIFICATIONS- 10+ years of asset-liability management, financial engineering, investment management, actuarial, modeling and/or other quantitative experience.
- Advanced degree in quantitative field
- Outstanding quantitative and technical skills with ability to interpret and draw accurate conclusions from financial, market and economic data
- Investment management and liability-driven asset allocation experience
- Strong technical and coding skills including Excel, VBA, Python, PowerPoint and artificial intelligence skills
- Excellent problem solving and analytical skills, detail-oriented, independent and creative thinking, time management and organizational skills
- FSA and/or CFA
- Annuity or Pension or other insurance product experience
- Experience with stress testing, economic capital and asset strategies
- Experience with capital markets, various asset classes and economic scenario generation
- Experience with reinsurance
- Experience with internal audit and other regulatory reviews
Related Skills
Data Analysis, Detail-Oriented, Financial Acumen, Financial Modeling, Financial Risk Management, Influence, Negotiation, Problem Solving, Programming, Quantitative Analysis, Risk Modeling, Risk Reporting, Strategic Thinking
Anticipated Posting End Date:2026-08-29
Base Pay Range: $201,000/yr - $341,000/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).
_____________________________________________________________________________________________________
Company Overview Every worker deserves a secure retirement. For more than 100 years, TIAA has delivered it for millions of people. Founded to help educators retire with dignity, today we're a market-leading retirement company fueled by world-class asset management. But we're not just another legacy financial services firm. We're fighting harder than ever before for our clients and the many Americans who need us.
Our Culture of Impact At TIAA, we're on a mission to build on our 100+ year legacy of delivering for our clients while evolving to meet tomorrow's challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together, we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People, Be Client Obsessed, Lead with Integrity, Own It, and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose, accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveen's entrepreneurial spirit, where we work hard and work together to create lasting impact. Here, every associate can grow through meaningful learning experiences and development pathways-because when our people succeed, our impact on clients' lives grows stronger.
Benefits and Total Rewards The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That's why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our .
Equal Opportunity We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.
Our full EEO & Non-Discrimination statement is on our , and you can read more about your rights and view government notices .
Accessibility Support TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.
If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:
Phone:
Email:
Drug and Smoking Policy TIAA maintains a drug-free and smoke/free workplace.
Privacy Notices For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click .
For Applicants of TIAA, Nuveen and Affiliates residing in California, please click .
For Applicants of TIAA Global Capabilities, click .
For Applicants of Nuveen residing in Europe and APAC, please click .
Never miss an opportunity! Create an alert based on the job you applied for.