AVP, Investment Strategy and Derivatives

Unum•Chattanooga, TN

About The Position

General Summary The AVP, Investment Strategy & Derivatives is responsible for leading Unum’s derivatives strategy and trading program as well as supporting the Investment Strategy organization. Reporting to the VP, Sr. Managing Director, Investments & Strategy, the incumbent will have responsibility for designing effective hedging programs, trade execution, managing relationships with trading counterparties, and ensuring trading compliance. The individual is expected to work cross-functionally across the organization, working with Investments, Treasury, Accounting, Legal and Risk Management to design, implement and monitor Unum’s enterprise-wide hedging strategies. This role will have direct oversight of derivatives traders, responsible for training, developing and ensuring all trading compliance. This senior level position is an integral part of the Investment Strategy group and is heavily involved in developing and making recommendations around investment strategies to the Head of Investment Strategy and CIO. These recommendations are utilized to properly evaluate risk and are the basis for asset allocation and investment strategy decisions. The individual will also be expected to generate ideas that create value for the firm and positively impact the company’s bottom line.

Requirements

Bachelor degree in finance, accounting, economics or related field required, MBA strongly preferred.
7+ years relevant work experience in derivatives and investments; strong knowledge of investments, economics, credit research, derivatives, and asset liability required.
Excellent communication, collaboration, and negotiation skills (clear, concise oral and written communication).
Strong technical skills to partner with ALM, Legal, Tax, Accounting, Capital, and other key business partners.
Very strong work ethic, attention to detail, team orientation, and commitment to excellence.

Nice To Haves

CFA preferred.

Responsibilities

Responsible for leading the strategic design and implementation of hedging solutions for the enterprise and investment portfolio.
Responsible for leading and developing derivatives traders in the execution of all derivatives trades.
Monitor market conditions and macroeconomic trends to adjust hedge positions and ensure responsiveness to volatility and liquidity shifts.
Develop and enhance quantitative models and valuation systems to optimize hedge effectiveness and capital efficiency.
Build and maintain effective relationships with sell-side derivatives desks and trading partners.
Serve on or give regular reports to Unum's various committees as needed.
Liaison with industry peers, trading counterparties and other partners to stay in front of industry and regulatory trends.
Work with industry groups where appropriate to advocate for policies that may impact our business.
Partner with Risk, Capital, ALM, Investment Accounting and other key partners on strategic asset allocation framework, new asset class evaluations, and derivatives strategy.
Works under limited direction to develop and recommend strategies for achieving corporate and subsidiary goals.
Other responsibilities as needed.

Benefits

Award-winning culture
Inclusion and diversity as a priority
Performance Based Incentive Plans
Competitive benefits package that includes: Health, Vision, Dental, Short & Long-Term Disability
Generous PTO (including paid time to volunteer!)
Up to 9.5% 401(k) employer contribution
Mental health support
Career advancement opportunities
Student loan repayment options
Tuition reimbursement
Flexible work environments