Investment Risk DirectorHybrid Remote | Eagan, Minnesota
Blue Cross and Blue Shield of Minnesota is one of the most recognized and trusted health care brands in the world with 2.5 million members. We’re committed to reinventing health care to improve health for our members and the community. We hope you'll join us.
How Is This Role Important to Our Work?
The Investment Risk Director will lead all aspects of enterprise risk of investment portfolios. This includes but is not limited to assessment of investment risks, development of investment risks analysis and models, and development of investment board-related content. The Investment Risk Director will work on multiple simultaneous projects at any given time, with primary responsibilities including providing strategic and investment risk support on various initiatives, managing risks of investments from origination to execution, and coaching and mentoring investment team members. This Investment Risk Director and team report directly to the Vice President of Treasury & Chief Investment Officer.
A Day in the Life:
·Lead the development of proactive risks analysis and models of investment portfolio impacts from macro-economic trends and other risks.
·Assess risks in investment initiatives and strategies to identify potential upside/downside. This should be assessed within the approved investment policies, regulatory, statutory, and other requirements.
·Manage the risks in daily investment operations through reviews, development, and execution of risk performance monitoring, controls, reports, and oversight of related systems (e.g., Bloomberg, Factset, custodial).
·Lead and ensure investment compliance within approved investment policies, controls, regulatory, and statutory guidelines for investment committees and Board of Directors.
·Inform leadership and other colleagues regarding current economic trends that may enhance business decisions and strategies in the department as well as the broader enterprise.
·Lead the development of proactive analysis, solutions, and strategies to support enterprise strategies and related department, goals, and focus areas including but not limited to cost savings, process improvements, and optimization.
·Lead the development of analytics, peer comparisons, management reporting, and key performance indicators (KPIs) to manage respected accountabilities.
·Lead development of forecasts and budgets and manage work accordingly to these commitments with explanations to deviations.
·Exemplify fiduciary stewardship over all financial assets. Adhere to conducting work through development and approved policies, processes, and controls to ensure compliance and to mitigate risks for the organization.
·Assist the Vice President of Treasury & Chief Investment Officer on any other initiatives including but not limited to support on board and committed related content.
·Serve as the lead representative and partner with colleagues and other leaders on enterprise cross-functional asks, initiatives, and projects.
·Lead and develop a diverse talent by providing an inclusive environment that promotes diversity of thought and team engagement. This should include proactive coaching, career development conversations, and performance coaching and evaluation.
·Support the team through team collaboration on goals and ad hoc initiatives as needed.
Nice to Have:
·Progressive experience in Finance, Math, Economics, Accounting, Actuarial, Treasury, Investment, FP&A, or equivalent Finance discipline.
·MBA or advanced degree in Finance or Finance-related area of study.
·CFA, CTP, CPA, FRM, and/or CRMP.
·Demonstrated expertise in financial industry and insurance industry.
Required Skills and Experiences:
·7+ years of related professional experience, with 3+ years of management experience. All relevant experience including work, education, transferable skills, and military experience will be considered.
·Expert knowledge of financial markets, enterprise treasury, investments, risk management and subsequent best practices.
·Strong leadership, communication, and collaboration skills to ensure Treasury and Investment objectives are communicated and understood.
·Advanced knowledge of banking and investment legal and regulatory environment.
·Excellent written and verbal communication skills with the ability to present complex treasury, investment, and accounting information clearly to boards, investment committees and executive staff.
·Exceptional organizational and time management ability, with flexibility to handle a variety of challenging responsibilities and change priorities as needed.
·Well-developed analytical and problem-solving skills, including understanding of complex investment concepts.
·Broad knowledge of NAIC, SEC, and IRS rules and regulations.
·Ability to interact effectively with internal and external customers.
·Requires strong computer skills in Bloomberg Analytics, FactSet, and Microsoft Access, Excel and Word.Make A Difference
Blue Cross is an Equal Opportunity and Affirmative Action employer that values diversity. All qualified applicants will receive consideration for employment without regard to, and will not be discriminated against based on race, color, creed, religion, sex, national origin, genetic information, marital status, status with regard to public assistance, disability, age, veteran status, sexual orientation, gender identity, gender expression, or any other legally protected characteristic.
Reasonable Accommodation for Job Seekers with a Disability: If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to email@example.com.
All roles require a high school diploma (or equivalency) and legal authorization to work in the U.S.
Blue Cross® and Blue Shield® of Minnesota and Blue Plus® are nonprofit independent licensees of the Blue Cross and Blue Shield Association.
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