SENIOR ASSOCIATE
: Job Details :

Job Requisition ID: 90712Location Designation: Hybrid - 3 days per week Location: New York, New York/ Hybrid-3 days a weekOffered Salary: $99,999.90/yearDuties: 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 orrelated 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, including equity separate accounts, fixed income separate accounts, and balanced separate accounts to ensure data is accurately captured and reconciled to design effective trading strategies and achieve 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 portfolio optimization 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 and readjust 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 tools and technologies leveraging Excel, Terminal, MATLAB, Python, and Oracle to support data-driven investment decision-making and evaluate relative and absolute performance of funds and risk assessment; and, (5) Conducting real-time monitoring of operational and trading activities leveraging Bloomberg Execution Management System (EMSX), Order Management (OMX), and Launchpad as well as Triton, MATLAB, Python, Excel, and Oracle to oversee quantitative models and trading systems to proactively detect anomalies, swiftly address operational issues, and minimize disruptions, and maintaining operational integrity and mitigate risk. Eligible for Employee Referral Program.Pay TransparencyOvertime eligible: Exempt Discretionary bonus eligible: No Sales bonus eligible: No 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 BenefitsWe 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 our NYL Benefits Site.Our Diversity PromiseWe 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 the Careers page of www.NewYorkLife.com.Job Requisition ID: 90712About NY Life Insurance CompanyDiversity & Humanity-two values that are deeply rooted in the New York Life culture and have laid the foundation for over 175 years of commitment to our employees, agents, policy owners, and the communities where we live and work. At New York Life you become a valued part of a welcoming, inclusive, and caring culture that has a long-standing legacy in stability and growth. The strength of New York Life revolves around our diversified, multi-dimensional business portfolio that goes beyond life insurance, and we want you to be a part of our legacy.As a Fortune 100 company and industry leader, we provide an environment where you can explore your career ambitions, offering opportunities to tackle meaningful challenges and stretch your skills while balancing work and life priorities. You will be part of a diverse team guided by our belief to always be there for each other-providing the support and flexibility to grow and reach new heights while making an impact in the lives of others.You are our future, and we commit to investing in you accordingly.Visit our Linkedin to see how our employees and agents are leading the industry and impacting communities.Visit our Newsroom to learn more about how our company is constantly evolving to meet our clients' and employees' needs.Required Legal Notices - All Candidates Please Click Here