Pay Philosophy
The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.
Description
The Company
Liberty Mutual Investments (LMI) manages Liberty Mutual Insurance Group's (LMIG) global financial assets across global markets and private domains to build capital and generate income. With over $100 billion in assets under management (AUM) and a team of nearly 300 investment, finance, and operations professionals located in Boston, MA, and New York, NY, LMI offers the best of both worlds - the look and feel of a boutique investment firm with the reputation and financial strength of a global leader.
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LMI has been on a transformation path to spur innovation, capitalize on deep expertise, and scale its returns on long-term flexible capital through a "one firm, one portfolio, one team" mindset. Our operating model is built on three pillars: centralized portfolio construction, asset management, and investment-enabling services. The teams are structured as Investment Business Units (IBUs) working in concert: Global Strategy & Capital Allocation, Risk Management, Global Credit Markets, Global Alternative Markets, Global Liquid Markets, and Global Investment Solutions. Our portfolio spans a broad spectrum of public and private asset classes, and we are committed to expanding our capabilities and our toolkit in furtherance of our mission.
The Position
The Senior Analyst will play a critical role in identifying, assessing, and managing operational risks across LMI. The role involves monitoring and analyzing risks related to LMI's operations, developing mitigation strategies, and implementing controls to enhance risk resilience. The successful candidate will work closely with various internal stakeholders, including investors, operations, compliance, finance, data, product, and technology, to ensure that risk frameworks align with regulatory requirements and industry best practices.
Responsibilities
- Risk Assessment & Analysis: Identify and evaluate operational risks across the investment process, including portfolio management and analytics, trading, settlement, financial reporting and data management. Conduct regular risk assessments and monitor risk metrics, identifying emerging risks and key risk indicators (KRIs) within investment operations. Develop and implement risk analysis models to quantify and prioritize risks, supporting decision-making processes.
- Control Design & Implementation: Design and implement controls to mitigate operational risks, ensuring they are embedded effectively within investment processes. Collaborate with other teams to validate control measures, test their effectiveness, and propose improvements where necessary. Monitor adherence to established risk controls and provide recommendations for enhancing internal procedures.
- Risk Reporting & Documentation: Prepare and present risk reports, dashboards, and summaries for senior management, ensuring timely and accurate information is available for decision-making. Maintain comprehensive documentation on risk assessments, controls, and risk events, supporting regulatory and audit requirements. Communicate key risk insights and recommendations to relevant stakeholders, ensuring that they are well-informed on operational risk matters.
- Incident Management: Investigate and analyze operational risk incidents, including root cause analysis and impact assessment. Work with teams to develop and implement corrective actions and preventive measures. Track and report incidents, providing insights into trends and potential systemic issues.
- Regulatory Compliance & Audit Support: Stay up to date on regulatory changes affecting operational risk management in the investment industry. Assist in internal and external audits related to operational risk, ensuring timely and accurate responses to requests for information.
- Continuous Improvement & Best Practices: Research industry trends and emerging risks to ensure that risk management practices remain relevant and proactive. Identify opportunities for process improvements within the risk management framework and support initiatives to optimize operational efficiency. Promote risk awareness within the organization, providing training and guidance on operational risk best practices.
- Bachelor's degree required.
- 5+ years of experience in operational risk, investment risk, audit or related roles within the finance industry.
- Solid understanding of the investment process, financial markets, and investment products (e.g., fixed income, private credit, direct lending, alternatives, derivatives).
- Proficiency in risk management tools and software, as well as advanced Excel skills; familiarity with data analysis and visualization tools is a plus.
- Knowledge of regulatory requirements and industry standards related to operational risk (SEC, SOX, ERISA).
- Excellent analytical and problem-solving skills, with strong attention to detail.
- Strong communication skills, both written and verbal.
- Ability to work independently and collaboratively in a fast-paced, dynamic environment.
As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.
At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.
We are proud to support a diverse, equitable and inclusive workplace, where all employees feel a sense of community, belonging and can do their best work. Our seven Employee Resource Groups (ERGs) offer a centralized, open space to bring employees and allies together to connect, learn and engage.
We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits
Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.
Fair Chance Notices
- California
- Los Angeles Incorporated
- Los Angeles Unincorporated
- Philadelphia
- San Francisco