Vp International Equity Risk Leader
Genworth Financial (Richmond, Virginia)
- Salary:
-
View salary range
- Ref Code:
- 72697016
- Minimum Career Level:
- Executive (SVP, VP, Department Head, etc)
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Genworth Financial, Inc. (NYSE:GNW) is a leading public Fortune 500 global financial security company. Genworth has more than $114 billion in assets and employs approximately 7,000 people in 25 countries. Its products and services help meet the investment, protection, retirement and lifestyle needs of over 15 million customers. Genworth operates through three segments: Retirement and Protection, International and U.S. Mortgage Insurance. Its products and services are offered through financial intermediaries, advisors, independent distributors and sales specialists. Genworth Financial, which traces its roots back to 1871, became a public company in 2004 and is headquartered in Richmond, Virginia. For more information, visit genworth.com.
Position Description:
This Senior Leader will be responsible for leading the International Risk Management team for the Retirement and Protection Segment. This position will be responsible for: * Hedging - Enhance the processes and oversight necessary to hedge Variable Annuity benefit exposures, both US-based and International, using Capital Markets Solutions. Increase hedging program effectiveness to improve risk management and cost efficiencies. Provide oversight and approval of derivative trade recommendations. This individual will also develop monitoring reports and control mechanisms to cover the underlying product exposure and hedge position exposure, and future interactions of two under various scenarios. Interact with multiple functions including Finance, Actuary, Product Management, Treasury and Investments * Mutual Fund due diligence and oversight-Evaluate existing Equity Fund Advise and Sub Advise relationship for alternative structures and operating mechanisms. Oversight of Variable Annuity mutual fund process. Maintain internal Genworth mutual fund rating system and evaluation process. Conduct fund company due diligence meetings to ensure adherence to Genworth processes and risk controls. Oversight of underlying Equity Guarantee of Variable Annuities for performance and risk exposure. Set standard for Variable Annuity fund selection to meet overall risk strategy. * Develop Variable Annuity economic capital models to quantify equity market risk and product risk. Basic Qualifications: * Bachelor's degree in finance, economics or related field * 7+ years experience in financial services industry * Capital Markets experience, (buying, selling, trading derivatives instruments) * Ability to work in team environment * Strong leadership skills * Ability to communicate to all levels of Management in a matrixed environment Preferred Candidate Qualifications: * Advanced Degree in Finance or Economics, MBA, CFA or CPA * Experience in broker/dealer capital markets * Equity and fixed income portfolio management Insurance product knowledge
To Apply Visit Genworth Financial