SENIOR ASSOCIATE
: Job Details :


SENIOR ASSOCIATE

New York Life

Location: New York,NY, USA

Date: 2024-11-03T20:52:57Z

Job Description:

Job Requisition ID: [[id]]

**Location Designation:** [[cust_rolelocationdesignation]]

**Location** :New York, New York/ Hybrid-3 days a week

**Offered Salary** : $99,999.90/year

**Duties** :Oversees and verifies the accuracy, timeliness, and completeness of multi-source data. Enhances technology infrastructure for portfolio management leveraging Python, VBA, and MATLAB. Monitors daily trading and operational activities to ensure smooth workflows. Performs daily reconciliations for positions and trades. Proactively identifies and resolves data quality issues. Addresses ad hoc data inquiries. Contributes to the design and testing of new data review systems and reports. Prepares attribution reports, portfolio positioning, and technology enhancements.

**Education & Experience Requirements:**

Bachelor's degree in Actuarial Science, Mathematics, Statistics

or

related quantitative field (willing to accept foreign education equivalent) plus 1 year of experience with financial markets, trading, and investment operations within multi-asset investment management.

**Required Certifications & Skills:**

Experience must include 1 year in each of the following skills:

(1) Verifying portfolio investment vehicle data leveraging knowledge of mutual funds, exchange-traded funds (ETFs), derivatives structures, and separate account vehicles, includingequity separate accounts, fixed income separate accounts, and balanced separate accounts to ensure data is accurately captured and reconciled to design effective trading strategies andachieve the best pricing and timing;

(2) Creating and maintaining trading model algorithms and portfolio optimization leveraging Python, MATLAB, and VBA to enhance technology infrastructure, automate portfoliooptimization processes, and ensure trading activities are executed efficiently and accurately to drive exceptional operational and investment results;

(3) Developing well-diversified alpha-generation strategies leveraging factor investing optimizer to track benchmarks, carefully select assets based on value, size, volatility, and growth andreadjust the portfolio to maintain these desired factors and evaluate the use of hedging strategies to mitigate the divergence with any persistent deviations;

(4) Generating comprehensive financial reports, data visualizations, and translate insights into actionable investment strategies employing cutting-edge reporting and visualization toolsand technologies leveraging Excel, Terminal, MATLAB, Python, and Oracle to support data-driven investment decision-making and evaluate relative and absolute performance of fundsand risk assessment; and,

(5) Conducting real-time monitoring of operational and trading activities leveraging Bloomberg Execution Management System (EMSX), Order Management (OMX), and Launchpad aswell as Triton, MATLAB, Python, Excel, and Oracle to oversee quantitative models and trading systems to proactively detect anomalies, swiftly address operational issues, and minimizedisruptions, and maintaining operational integrity and mitigate risk.

Eligible for Employee Referral Program.

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**Pay Transparency**

Overtime eligible: [[customString6]]

Discretionary bonus eligible: [[cust_merit]]

Sales bonus eligible: [[stockPackage]]

Actual base salary will be determined based on several factors but not limited to individual's experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.

**Our Benefits**

We provide a full package of benefits for employees - and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work.Click hereto discover more about our comprehensive benefit options or visit ourNYL Benefits Site ( .

**Our Diversity Promise**

We believe in a diverse workforce because it is our mission to advocate for the financial security and success of people in every community. This is why diversity, equity, and inclusion (DEI) are guiding principles that are embedded in our brand and our culture.Click here ( to learn more about how we have been recognized for our leadership.

Recognized as one of _Fortune's_ World's Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation ( . We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit theCareers ( page of www.NewYorkLife.com .

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Job Requisition ID: [[id]]

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