VP, Enterprise Risk - Investments

Date: Sep 23, 2023

Primary Location: Radnor, PA, US

Company: Lincoln Financial

Alternate Locations: Radnor, PA (Pennsylvania)


Work Arrangement:

Hybrid/Common Days+ : Work 2-3 days a week in a Lincoln office with a designated workspace.


Relocation assistance:  is not available for this opportunity.


Requisition #: 72229


The Role at a Glance

This position will provide highly specialized expertise and thought leadership to strategically achieve key business objectives for their assigned area(s). Contributes to market/risk strategies and leads the development and implementation of highly complex quantitative market/risk tools and analytics for assigned areas of responsibility, such as credit, hedging, and market risk.


What you'll be doing

  • Maintains knowledge on current and emerging developments/trends for assigned area(s) of responsibility, assesses the impact, and collaborates with executive/senior management to incorporate new trends and developments in current and future strategies.
  • Leads the identification, development, and implementation of strategic process improvements that improve quality across the team, business unit, and/or the organization for assigned area(s) of responsibility.
  • Leads and enhances organizational initiatives by positively influencing and supporting change management and/or departmental/enterprise initiatives within assigned area(s) of responsibility.
  • Provides highly specialized expertise and thought leadership to internal/external stakeholders for their assigned area(s) of responsibility.
  • Contributes to business unit/operational and enterprise strategy creation for their assigned area(s) of responsibility.
  • Builds organizational capability within their assigned area(s) of responsibility.
  • Leads/executes approved strategy for their assigned area(s) of responsibility.
  • Provides highly specialized expertise with respect to quantitative market/investment/risk management analytics to contribute to market/investment/risk strategies
  • Effectively influences senior/executive leaders and other key stakeholders in advocating investment/financial system vision, architecture, and strategies.
  • Develops, implements, and evaluates strategic existing/future quantitative market/investment models and tools to measure current positions and forecasting of future positions.
  • Leads the development, implementation, and evaluation of statistical and econometric based equity models, interest rate models, credit risk models as needed to manage and monitor portfolio risks, returns and volatility.
  • Develops and oversees processes for regularly stress testing portfolios and reporting results to management.
  • Develops and directs the enhancement of existing tools and/or new solutions for analyzing portfolio risk, performance evaluation and attribution analysis
  • Serves as a functional expert and partners with key business stakeholders on technical design risk management issues including ensuring that all parties understand the significant capabilities, risk and/or system limitation(s).
  • Leads research in alternate/emerging approaches to hedge market risks, including semi-static/static hedging strategies and makes recommendations for new strategies/changes to hedge risk.
  • Identifies and recommends derivative instruments and hedging/risk management mechanisms that would enhance existing strategies.
  • Analyzes and makes recommendations for enhancement of the various systems utilized in analyzing market risks within their assigned area(s).
  • Prepares and reports on analytical findings and recommendations to senior/executive management, various Lincoln market/investment/risk committees, and/or Board of Directors.
  • Creates and distributes complex technical documents, presentations, and communications (memos, fact sheets, collateral materials) pertaining to risk/exposure and performance attribution to a wide range technical and non-technical audiences.

What we’re looking for

  • 4 Year/Bachelor's degree (or equivalent) (Minimum Required)
  • 12+ Years of progressive experience in derivatives, trading modeling, or risk management of derivative portfolios directly related to the specific responsibilities of this position. (Required)
  • Progressive experience and professional understanding of inner workings of annuity products and life insurance.
  • Ability to effectively resolve difficult disputes and business challenges using highly refined functional, partnering and leadership skills.
  • Demonstrated ability to develop strategies and business plans to deliver and exceed expected business objectives and results.
  • Demonstrated ability to identify, develop and implement process improvements.
  • Demonstrated strong relationship management skills with internal clients (e.g. senior/executive management, peers and colleagues); proven ability to develop creative and collaborative approaches.
  • Demonstrates strong project management leadership skills including, critical ability to coordinate and balance multiple projects in a time-sensitive environment, under pressure, and meeting deadlines.
  • Finds common ground and can gain collaboration among senior/executive management, colleagues and peers; can influence outcomes without directing or commanding.
  • Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).
  • Understands the interdependencies of how people and organizations function, and can negotiate through complex political situations effectively.
  • Demonstrated experience as a thought leader. Will be able to demonstrate being sought after for advice, counsel, and judgment.
  • FSA, CFA, FRM, CQF, CERA, or other similar designations are a plus.


What’s it like to work here?

At Lincoln Financial Group, we love what we do. We make meaningful contributions each and every day to empower our customers to take charge of their lives. Working alongside dedicated and talented colleagues, we build fulfilling careers and stronger communities through a company that values our unique perspectives, insights and contributions and invests in programs that empower each of us to take charge of our own future.


What’s in it for YOU:

  • A clearly defined career framework to help you successfully manage your career

  • Leadership development and virtual training opportunities

  • PTO/parental leave

  • Competitive 401K and employee benefits

  • Free financial counseling, health coaching and employee assistance program

  • Tuition assistance program

  • A leadership team that prioritizes your health and well-being; offering a remote work environment and flexible work hybrid situations

  • Effective productivity/technology tools and training


Pay Range: $145,700 - $265,400 


Actual base pay could vary based on non-discriminatory factors including but not limited to work experience, education, location, licensure requirements, proficiency and qualifications required for the role. The base pay is just one component of Lincoln’s total rewards package for employees.  In addition, the role may be eligible for the Annual Incentive Program, which is discretionary and based on the performance of the company, business unit and individual.  Other rewards may include long-term incentives, sales incentives and Lincoln’s standard benefits package.


About The Company

Lincoln Financial Group provides advice and solutions that help people take charge of their financial lives with confidence and optimism. Today, approximately 16 million customers trust our retirement, insurance and wealth protection expertise to help address their lifestyle, savings and income goals, and guard against long-term care expenses.

Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. The company had $290 billion in end-of-period account balances net of reinsurance as of March 31, 2023. 


Lincoln Financial Group is a committed corporate citizen included on major sustainability indices including the Dow Jones Sustainability Index North America and ranks among Newsweek’s Most Responsible Companies. Dedicated to diversity, equity and inclusion, we are included on transparency benchmarking tools such as the Corporate Equality Index, the Disability Equality Index and the Bloomberg Gender-Equality Index. Committed to providing our employees with flexible work arrangements, we were named to FlexJobs’ list of the Top 100 Companies to Watch for Remote Jobs in 2022. With a long and rich legacy of acting ethically, telling the truth and speaking up for what is right, Lincoln was recognized as one of Ethisphere’s 2022 World’s Most Ethical Companies®. We create opportunities for early career talent through our intern development program, which ranks among WayUp and Yello’s annual list of Top 100 Internship Programs.


Lincoln is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. 


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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.


Additional Information

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, Veteran 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.


This Employer Participates in E-Verify. See the E-Verify notices.

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