Equitable
Overview
Deputy Chief Investment Officer – General Account will be a key member of Equitable's Chief Investment Office, reporting to the Chief Investment Officer. This role leads strategic investment management, asset‑liability oversight, and manager accountability, manages a small team, and drives cross‑functional initiatives to support a long‑term, risk‑aware investment approach. Responsibilities
Strategic Asset Allocation & Product Strategy: Develop and oversee asset allocation targets across all asset classes, informed by liability profiles and risk tolerance. Lead the development and implementation of product investment strategies, maintaining close relationships with business areas. Asset‑Liability Management: Ensure portfolio duration, cash flows, and risk characteristics align with insurance liability obligations. Oversee ALM implementation in collaboration with stakeholders to guarantee strategic alignment. Investment Policy & Compliance: Create and maintain investment guidelines, establish risk limits, and ensure regulatory compliance. Monitor policy adherence with a goal of zero violations. Economic Capital & Risk Optimization: Maximize risk‑adjusted returns while optimizing regulatory capital requirements (RBC, Solvency II). Oversee duration positioning, hedging strategies, and sensitivity analysis to manage interest rate risk. Portfolio Structuring & Manager Oversight: Drive portfolio structuring to meet key company objectives, engage with affiliated asset managers, evaluate performance, conduct due diligence, and enforce accountability across mandates and asset classes. Performance Analysis: Analyze portfolio performance drivers, validate returns against strategic objectives, and deliver attribution analysis with high explanatory variance. Ensure managers deliver benchmark targets with prudent risk management. Risk Monitoring & Market Intelligence: Monitor portfolio risk characteristics, identify emerging risks, and provide independent market analysis and investment opportunity assessment. Lead knowledge teams to validate manager decisions and uphold due diligence. Accountabilities
Regulatory Capital Efficiency: Target annual improvements in capital ratios. Asset‑Liability Mismatch: Maintain duration gap within ±1 year of target. Strategic Performance: Deliver asset allocation decisions that generate 5–10+ basis points of annual outperformance. Policy Compliance: Zero violations of investment guidelines or regulatory requirements. Interest Rate Protection: Limit earnings volatility from rate movements to acceptable ranges. Capital Allocation ROI: Demonstrate 15%+ risk‑adjusted return on allocated capital across asset classes. Manager Performance Validation: Ensure affiliated asset managers meet benchmarks and risk standards. Due Diligence Quality: Maintain rigorous investment evaluation standards across asset classes. Risk Parameter Compliance: Enforce risk limits and concentration guidelines. Performance Attribution: Deliver accurate portfolio analysis with high explained variance. Cost‑Effective Oversight: Provide independent validation without duplicating manager capabilities. Investment Quality: Prevent losses through rigorous screening and ongoing portfolio monitoring. Compensation & Benefits
The base annual salary range for this role is $275,000 – $350,000. In addition to base pay, Equitable offers compensation to reward performance with base salary increases, spot bonuses, and short‑term incentive opportunities. Eligibility depends on level and responsibility. A full range of benefits is available, including medical, dental, vision, a 401(k) plan, and paid time off. Qualifications & Requirements
Qualified candidates are skilled at working in a matrixed organization and have a track record of aligning and executing work across multiple teams. Additional experience and skills include: Proven experience in portfolio structuring, communicating goals and tactics, and ongoing monitoring of portfolio activities Demonstrated experience creating and delivering engaging presentations for senior management or Board meetings Experience leveraging third‑party relationships Skills
Asset and Liability Management (ALM):
Advise portfolio managers and ALM committees on risk‑return profiles and lead discussions on ALM strategies. Develop ALM portfolio and risk management strategies for complex situations. Business Acumen:
Influence decision making using economic, financial, and organizational data to build business cases for major initiatives. Effective Communication:
Communicate effectively with diverse audiences, coach others, and ensure clear messaging. Portfolio Management:
Develop innovative portfolio management strategies and processes, and evaluate new instruments. About Equitable
At Equitable, we help clients secure their financial well‑being and pursue long, fulfilling lives. We embrace diverse talents, encourage leadership at all levels, and invest in our people through growth opportunities, compensation and benefits, and a collaborative culture. Equal Employment Opportunity & Accommodations
Equitable is committed to equal employment opportunities regardless of race, color, religion, gender, gender identity or expression, age, national origin, disability, sexual orientation, veteran status, genetic information, or any other protected status. E‑Verify participation is used where required. If reasonable accommodation is needed for application, interview, or job duties, please contact Human Resources at (212) 314‑2211 or TalentAcquisition@equitable.com. Primary Location UNITED STATES‑NY‑New York
#J-18808-Ljbffr
Deputy Chief Investment Officer – General Account will be a key member of Equitable's Chief Investment Office, reporting to the Chief Investment Officer. This role leads strategic investment management, asset‑liability oversight, and manager accountability, manages a small team, and drives cross‑functional initiatives to support a long‑term, risk‑aware investment approach. Responsibilities
Strategic Asset Allocation & Product Strategy: Develop and oversee asset allocation targets across all asset classes, informed by liability profiles and risk tolerance. Lead the development and implementation of product investment strategies, maintaining close relationships with business areas. Asset‑Liability Management: Ensure portfolio duration, cash flows, and risk characteristics align with insurance liability obligations. Oversee ALM implementation in collaboration with stakeholders to guarantee strategic alignment. Investment Policy & Compliance: Create and maintain investment guidelines, establish risk limits, and ensure regulatory compliance. Monitor policy adherence with a goal of zero violations. Economic Capital & Risk Optimization: Maximize risk‑adjusted returns while optimizing regulatory capital requirements (RBC, Solvency II). Oversee duration positioning, hedging strategies, and sensitivity analysis to manage interest rate risk. Portfolio Structuring & Manager Oversight: Drive portfolio structuring to meet key company objectives, engage with affiliated asset managers, evaluate performance, conduct due diligence, and enforce accountability across mandates and asset classes. Performance Analysis: Analyze portfolio performance drivers, validate returns against strategic objectives, and deliver attribution analysis with high explanatory variance. Ensure managers deliver benchmark targets with prudent risk management. Risk Monitoring & Market Intelligence: Monitor portfolio risk characteristics, identify emerging risks, and provide independent market analysis and investment opportunity assessment. Lead knowledge teams to validate manager decisions and uphold due diligence. Accountabilities
Regulatory Capital Efficiency: Target annual improvements in capital ratios. Asset‑Liability Mismatch: Maintain duration gap within ±1 year of target. Strategic Performance: Deliver asset allocation decisions that generate 5–10+ basis points of annual outperformance. Policy Compliance: Zero violations of investment guidelines or regulatory requirements. Interest Rate Protection: Limit earnings volatility from rate movements to acceptable ranges. Capital Allocation ROI: Demonstrate 15%+ risk‑adjusted return on allocated capital across asset classes. Manager Performance Validation: Ensure affiliated asset managers meet benchmarks and risk standards. Due Diligence Quality: Maintain rigorous investment evaluation standards across asset classes. Risk Parameter Compliance: Enforce risk limits and concentration guidelines. Performance Attribution: Deliver accurate portfolio analysis with high explained variance. Cost‑Effective Oversight: Provide independent validation without duplicating manager capabilities. Investment Quality: Prevent losses through rigorous screening and ongoing portfolio monitoring. Compensation & Benefits
The base annual salary range for this role is $275,000 – $350,000. In addition to base pay, Equitable offers compensation to reward performance with base salary increases, spot bonuses, and short‑term incentive opportunities. Eligibility depends on level and responsibility. A full range of benefits is available, including medical, dental, vision, a 401(k) plan, and paid time off. Qualifications & Requirements
Qualified candidates are skilled at working in a matrixed organization and have a track record of aligning and executing work across multiple teams. Additional experience and skills include: Proven experience in portfolio structuring, communicating goals and tactics, and ongoing monitoring of portfolio activities Demonstrated experience creating and delivering engaging presentations for senior management or Board meetings Experience leveraging third‑party relationships Skills
Asset and Liability Management (ALM):
Advise portfolio managers and ALM committees on risk‑return profiles and lead discussions on ALM strategies. Develop ALM portfolio and risk management strategies for complex situations. Business Acumen:
Influence decision making using economic, financial, and organizational data to build business cases for major initiatives. Effective Communication:
Communicate effectively with diverse audiences, coach others, and ensure clear messaging. Portfolio Management:
Develop innovative portfolio management strategies and processes, and evaluate new instruments. About Equitable
At Equitable, we help clients secure their financial well‑being and pursue long, fulfilling lives. We embrace diverse talents, encourage leadership at all levels, and invest in our people through growth opportunities, compensation and benefits, and a collaborative culture. Equal Employment Opportunity & Accommodations
Equitable is committed to equal employment opportunities regardless of race, color, religion, gender, gender identity or expression, age, national origin, disability, sexual orientation, veteran status, genetic information, or any other protected status. E‑Verify participation is used where required. If reasonable accommodation is needed for application, interview, or job duties, please contact Human Resources at (212) 314‑2211 or TalentAcquisition@equitable.com. Primary Location UNITED STATES‑NY‑New York
#J-18808-Ljbffr