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.

Key Responsibilities and Duties

Portfolio Risk Analysis:

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

Risk Framework & Modeling:

Support implementation and monitoring of TIAAs 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 TIAAs established risk appetite framework

Cross-Functional Collaboration:

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

Systems & Technology:

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

Educational Requirements

• University (Degree) Preferred

Work Experience

• 5 Years Required; 7 Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level
8IC

REQUIRED EXPERIENCE:

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

PREFERRED EXPERIENCE:

• 7 years of relevant experience in investment risk management asset management institutional investing or related fields

• Bachelors 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

TECHINCAL SKILLS:

• 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

• Familiarity with risk management systems and platforms

KNOWLEDGE AREAS:

• 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.)

#LI-CS1

Anticipated Posting End Date:

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 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 weʼre a market-leading retirement company fueled by world-class asset management. But weʼre not just another legacy financial services firm. Weʼre fighting harder than ever before for our clients and the many Americans who need us.

Our Culture of Impact

At TIAA were on a mission to build on our 100 year legacy of delivering for our clients while evolving to meet tomorrows 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 Nuveens entrepreneurial spirit where we work hard and work together to create lasting impact. Here every associate can grow through meaningful learning experiences and development pathwaysbecause 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. Thats 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 Benefits Summary.

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 careers home page and you can read more about your rights and view government notices here.

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:

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Drug and Smoking Policy

TIAA maintains a drug-free and smoke/free workplace.

Privacy Notices

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