Investment Risk Analyst

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 #: 73887

 

The Role at a Glance

As part of our go forward strategy in risk management, we believe that “everyone at Lincoln is a risk manager and as a result, we’re expanding our industry leading, best in class Risk organization adding new roles in all disciplines of our risk management organization. Lincoln is committed to investing in the talent, systems, and processes to make this happen, resulting in opportunity for impact on enterprise strategic direction and potential career growth for risk professionals.

In this role, you will help analyze, quantify and model Lincoln’s credit risk related to all investments in Lincoln’s general account.

The goal of this group is to deliver insightful, added-value, actionable risk analytics and governance that drive business results. The intern will help identify, assess, and prioritize risks while developing processes to measure and report such risks throughout the organization.  The intern will assist with all aspects of Lincoln’s ERM framework but maintain a focus towards the asset side of the balance sheet.
 

What you'll be doing

• Work with a team to perform credit risk analysis in stress scenarios and calculate credit economic capital requirements for Lincoln and its subsidiaries
• Assist in developing credit risk models from machine learning, Big Data. 
• Brainstorm with senior members to generate innovative ideas and solutions. 
• Build ad-hoc tools and implement prototype models using Python, translating mathematical concepts into code within a limited timeframe. 
• Improve the model and data process using Excel, Power BI, Python and SQL 
• Communicate results and analysis to key internal stakeholders 
• Work independently or in a team on complex and/or important risk management projects.
   

What we’re looking for

Must-haves:

• Master’s degree in Financial Engineering, Finance, Economics, Mathematics, Statistics or other quantitative areas
• Solid background in financial mathematics and statistics.  
• Excellent critical thinking and problem-solving skills
• Exceptional communication and relationship management skills
• Strong organizational skills, work ethic, and ability to multi-task while maintaining strict attention to details
• Self-motivated and strong team player, with demonstrated ability to work independently and collaboratively with members of other departments

Skills: 

• Advanced proficiency with Excel, PowerPoint
• 1 year of experience with machine learning and Big Data
• 1 year of experience in Python or R with strong programming skills.  
• 1 year of experience in database and data visualization. 
• 1 year of experience in risk management for fixed income or related field. 

 
Nice-to-haves: 

• Preferably knowledge of credit risk modeling tools and its risk metrics (PD, LGD, etc). 
• Understanding of investment products (e.g. bonds, bank loans, commercial and residential mortgages, structured products, etc.) and the evolving practices for the management of credit risk and regulatory requirements
• FRM/PRM/CQF or CFA designation (or working in progress)
   

Application Deadline

Applications for this position will be accepted through February 1st, 2025 subject to earlier closure due to applicant volume.

 

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:

• Clearly defined career tracks and job levels, along with associated behaviors for each Lincoln leadership Attribute.

• 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

 

The pay range for this position is $53,500 - $92,500 with anticipated pay for new hires between the minimum and midpoint of the range and could vary above and below the listed range as permitted by applicable law. Pay is 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 helps people to plan, protect and retire with confidence. As of Dec. 31, 2023, approximately 17 million customers trust our guidance and solutions across four core businesses – annuities, life insurance, group protection and retirement plan services. As of December 31, 2023, the company had $295 billion in end-of-period account balances, net of reinsurance. Headquartered in Radnor, Pa., Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. Learn more at LincolnFinancial.com.

 

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 or 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.

 

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