Head of Trading

Who We Are

At Corebridge Financial, we believe action is everything. That’s why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow.

We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life:

• We are stronger as one: We collaborate across the enterprise, scale what works and act   decisively for our customers and partners.
• We deliver on commitments: We are accountable, empower each other and go above and beyond for our stakeholders.
• We learn, improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future.
• We are inclusive: We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work.

About The Role

Market Risk Management is a multi-disciplinary financial derivatives team that applies state-of-the-art technology in performing highly dynamic work. Our mandate is to hedge one of the most complex derivatives available today: retirement benefit guarantees. In service of that mandate we: manage a $50 billion+ multi-asset hedging portfolio, do research and development of new retirement products, and provide modeling and analytics expertise for the business. We are part of a larger organization but cultivate the entrepreneurial spirit of a small start-up. Our work is cutting edge within the industry.

Responsibilities

• Lead the daily management of derivatives book

  • Manage the portfolio and operations of the FIA/RILA/IUL hedging book

  • Aggregate and analyze risk data on both assets and liabilities

  • Ensure accurate and up-to-date risk reporting

• Perform quantitative analysis on large scale derivatives portfolio

  • Advance new hedging strategies

  • Support new FIA/RILA product designs

  • Strategic capital analysis

  • Communicate results to external constituents, including senior leadership

  • Interact/maintain close relationship with banks and investment community to stay abreast of new developments in capital markets space

• Communicate and coordinate with staff throughout the businesses and functions on specific risk issues

  • Provide technical expertise to questions from internal and external sources

• Financial derivatives and investment related projects as needed

• Manage a team of 3 FTEs

Skills and Qualifications

• Able to perform under pressure in fast paced environment where priorities can shift quickly

• At least 10 years of relevant experience in the financial services industry.

• Master’s degree in numerate field a plus.

• CFA, FRM, CQF or other financial mathematics designation(s) a plus

• Strong programming skills with knowledge of C++/VBA/Python/MATLAB preferred

• Knowledge/experience includes one or more of the following:

  • Capital Markets (CFA Level)

  • Risk Management (FRM Level)

  • Derivatives models and valuation techniques

  • Advanced hedging techniques

  • Annuity product design/structuring

  • Quantitative investment strategies

  • Fundamentals of GAAP/statutory accounting and regulation for life insurance liabilities

• User level data-base expertise. Knowledge of Access or SQL is preferred.

• Personal attributes of a successful candidate would include:

  • Enjoy working on multidisciplinary team to solve analytically complex problems.

  • Detail and process oriented.

  • Comfortable working in a structured environment that emphasizes operational controls.

  • Ability to work on multiple projects, often with tight deadlines.

Compensation

Corebridge also offers a range of competitive benefits as part of the total compensation package, as detailed below.

Work Location

If the position is based in one of Corebridge Financials' hub offices which are Houston, TX, Jersey City, NJ. or Woodland Hills, CA office the role is subject to our hybrid working policy, which gives colleagues the benefits of working both in an office and remotely. However, we are open to considering full remote candidates outside of these areas.

#LI-SB1  #LI-SAFG #LI-Remote

This role is deemed a “covered associate” under SEC Rule 206(4)-5, 17 CFR § 275.206(4)-5, Political contributions by certain investment advisers, and other federal and state pay-to-play rules. Candidates for the role must not have made any political contributions that, under 17 CFR § 275.206(4)-5 or other federal or state pay-to-play regulations, would disqualify the candidate or Corebridge Financial from conducting Corebridge Financial’s business, or that would otherwise create a conflict of interest for Corebridge Financial. Applicants who are selected to move forward with the application process will be required to disclose all U.S. political contributions they and their household family members have made over the past two years.

Why Corebridge?

At Corebridge Financial, we prioritize the health, well-being, and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally, ensuring that they have the resources and flexibility needed to thrive.

Benefit Offerings Include:

• Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
• Retirement Savings: We offer retirement benefits options, which vary by location.  In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
• Employee Assistance Program: Confidential counseling services and resources are available to all employees.
• Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
• Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
• Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.

Eligibility for and participation in employer-sponsored benefit plans and Company programs will be subject to applicable law, governing Plan document(s) and Company policy.

We are an Equal Opportunity Employer

Corebridge Financial, is committed to being an equal opportunity employer and we comply with all applicable federal, state, and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, disability, neurodivergence, age, veteran status, or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status. At Corebridge Financial, we believe that diversity and inclusion are critical to building a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our colleagues are respected as individuals and valued for their unique perspectives.

Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees, including any accommodations needed on the basis of physical or mental disabilities or sincerely held religious beliefs.  If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to TalentandInclusion@corebridgefinancial.com.  Reasonable accommodations will be determined on a case-by-case basis, in accordance with applicable federal, state, and local law.

We will consider for employment qualified applicants with criminal histories, consistent with applicable law.

To learn more please visit: www.corebridgefinancial.com

Functional Area:

RK - Risk

Estimated Travel Percentage (%):

Relocation Provided:

American General Life Insurance Company