Director, Guaranteed Investment Contracts, Institutional Markets

Corebridge Financial • New York, NY

5d • $150,000 - $175,000 • Hybrid

About The Position

Works within our Institutional Markets line of business, reporting directly to the Managing Director of our Guaranteed Investment Contracts team.

Requirements

• Bachelor's degree
• 3-5 years of experience
• Proficient at financial analysis and strong quantitative skills.

Nice To Haves

• Debt Capital Markets experience is a plus
• Master’s degree or an MBA is preferred.
• Experience with fixed income markets and/or securities issuance preferred.
• Knowledge of Python, Power BI and/or Excel Macros for financial modelling is preferred.

Responsibilities

• Manage the ~$18 billion GIC business, which includes executing deals (average deal size is between $500 million to $1 billion), managing bank relationships across approximately 25 different top tier banks, evaluating economics and risk positions, developing complex analytical models to project net interest margin and profitability of business, and overseeing investment portfolios asset allocations and risk metrics for entire book of business.
• Manage the GIC Program for all FABN trade execution to meet increasing multi-billion annual targets. Responsible for planning issuances, trade execution, trade documentation and settlement. Management of program also includes development of new markets and currencies to broaden diversification of issuance as continue to grow book and responsibility for maintaining strong bank relationship with credit facility and other key relationship banks in strong partnership with Treasury team.
• In force management of ~$18 billion GIC portfolio including working with Data Management and Finance teams to develop Complex Financial Models and Reporting for Product Profitability, NII Projections and Financial Analysis to be presented to Executive Management
• Develop and execute FABN and new market investor relations strategy. Work with key relationship banks to develop strategy, manage the preparation of IR materials, handle communications and coordination with Investor Relations team.
• Support new market/new product research, development and drafting of materials for executive approvals

Benefits

• Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
• Retirement Savings: We offer retirement benefits options, which vary by location. In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
• Employee Assistance Program: Confidential counseling services and resources are available to all employees.
• Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
• Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
• Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.

What This Job Offers

• Job Type: Full-time
• Career Level: Director