VP, Quantitative Trading Strategies

Date: Aug 26, 2021

Location: Philadelphia, PA, US

Company: Lincoln Financial

Alternate Locations: Philadelphia, PA (Pennsylvania)


Work Arrangement: Hybrid/Office


Relocation assistance is not available for this opportunity.


Level: M5 


Requisition #: 66367


About The Company

Lincoln Financial Group, a Fortune 250 company with over 10,000 employees, provides advice and solutions that help empower Americans to take charge of their financial lives with confidence. Our core business areas — Life Insurance, Annuities, Retirement Plan Services and Group Protection — focus on supporting, preserving and enhancing over 17 million customer’s lifestyles and retirement outcomes.

Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. The company had $238 billion in assets under management as of December 31, 2018.

Ranked one of the Best Large Employers in America by Forbes magazine, Lincoln Financial Group makes a serious investment in our employees’ futures through a broad range of wealth accumulation and protection plans, health and wellness programs, and career development resources designed to help each individual reach their personal and professional goals.


Be Aware of Fraudulent Recruiting Activities


If you are interested in a career at Lincoln, we encourage you to review our current openings and apply on our website. Lincoln values the privacy and security of every applicant and urges all applicants to diligently protect their sensitive personal information from scams targeting job seekers. These scams can take many forms including fake employment applications, bogus interviews and falsified offer letters.


Lincoln will not ask applicants to provide their social security numbers, date of birth, bank account information or other sensitive information in job applications. Additionally, our recruiters do not communicate with applicants through free e-mail accounts (Gmail, Yahoo, Hotmail) or conduct interviews utilizing video chat rooms. We will never ask applicants to provide payment during the hiring process or extend an offer without conducting a phone, live video or in-person interview.  Please contact Lincoln's fraud team at fraudhotline@lfg.com if you encounter a recruiter or see a job opportunity that seems suspicious.




The Role at a Glance


We’re excited to bring on a VP to the Market Risk Management function to lead the Quantitative Trading Strategies team.

In this role, you will:

•    Lead the strategic design and implementation of hedging solutions for Lincoln’s Annuities and Life businesses
•    Direct a team of trading strategists to manage an industry leading derivative trading program including intra-day trading operations & its P&L       impacts.  
•    Develop and manage mutual funds analytics function.
•    Advance the derivative valuation infrastructure & quantitative methodologies for the entire hedge program.  
•    Be a thought leader in bringing cutting edge capital markets ideation to innovative insurance products.

What you'll be doing:



•    Contribute to the overall strategic vision of the Market Risk Management function by leading the development and implementation of hedging strategies and solutions to manage embedded market risks within Lincoln’s annuity and life insurance  products
•    Lead the funds analytics function that actively measures fund performance and its impact on key financial metrics, making strategy   recommendations and working with Funds Management as needed.
•    Oversee the onboarding of new funds & products to the risk management platform while adhering to best practices in financial engineering.
•    Exhibit thought leadership and provide guidance in the areas of current and emerging capital market risks, best of breed derivative trading    platforms and derivative modeling and valuation.
•    Lead senior & executive management in developing & presenting strategic and tactical hedge solutions, explain cost benefit analysis and achieve buy-in


•    Build and maintain effective relationships with sell-side derivatives desks and trading partners.
•    Be a partner to the annuities business in developing next generation of products and index solutions
•    Collaborate with other corporate and business line stakeholders & leaders on capital and reinsurance solutions, and fair valuation techniques    for accounting practices. 
•    Interface with middle and back office trading operation teams, legal, acct and treasury functions, design and help streamline trading    operations past the trade


•    Direct Capital Market quants to develop and deploy cutting edge derivative asset valuation tools to aid the trading platform and valuation of our cross-asset derivative portfolio
•    Understand how regulations – Capital Markets, Insurance & Accounting (GAAP) – and market structure affects Lincoln’s hedge programs and design mitigating strategies.
•    Ensure his/her assigned area(s) meet all objectives pertaining to quality, compliance, regulations, productivity, budget and project management.
•    Develop, manage & deploy Market data requirements for MRM and to other areas in the firm

What we're looking for:

•   12+ Years experience in derivatives risk, strategy and/or financial engineering that directly aligns to the responsibilities of this position, including 5+ years of managerial, supervisory, and/or demonstrated leadership experience. (Required)
•    5+ years of demonstrated experience influencing key stakeholder experience.  
•    Demonstrated strong relationship management skills with internal clients (e.g. senior/executive management, peers and colleagues); proven     ability to develop creative and collaborative approaches.
•    People management experience including hiring, coaching and developing team members and culture
•    Strong knowledge of capital markets instruments and hedging strategies.


Flexibility in work location , except Colorado,  with travel to Philadelphia will be considered.


•    Strong knowledge of derivatives within Insurance, Banking and/or Hedge Funds.
•    Knowledge of quantitative finance including option theory, linear algebra and optimization techniques
•    Demonstrates ability to analyze and propose solutions for a range of technical design issues.
•    Demonstrates experience in identification, assessment, and communication of technical design capability and risk within a large and      complex environment
•    Knowledge of Insurance Capital Structures & Legal Entity experience is a plus
•    4 Year/Bachelor's degree or equivalent work experience (4 years of experience in lieu of Bachelor's) (Minimum Required) #LI-AE1


Work Arrangement:

Hybrid/Office : Employees will work in a Lincoln office generally three days each week and work from home the remainder of the days, following any applicable in-office training period determined by their manager.  



This position may be subject to Lincoln’s Political Contribution Policy.  An offer of employment may be contingent upon disclosing to Lincoln the details of certain political contributions. Lincoln may decline to extend an offer or terminate employment for this role if it determines political contributions made could have an adverse impact on Lincoln’s current or future business interests, misrepresentations were made, or for failure to fully disclose applicable political contributions and or fundraising activities.


Any unsolicited resumes/candidate profiles submitted through our web site or to personal e-mail accounts of employees of Lincoln Financial Group are considered property of Lincoln Financial Group and are not subject to payment of agency fees.



Lincoln Financial Group (“LFG”) is an Equal Opportunity employer and, as such, is committed in policy and practice to recruit, hire, compensate, train and promote, in all job classifications, without regard to race, color, religion, sex (including pregnancy), age, national origin, disability, sexual orientation, gender identity and expression, veterans status, or genetic information.  Applicants are evaluated on the basis of job qualifications.  If you are a person with a disability that impedes your ability to express your interest for a position through our online application process, or require TTY/TDD assistance, contact us by calling 260-455-2558.




Nearest Major Market: Philadelphia

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