BJC Careers

Investment Research and Risk Manager

Saint Louis, MO
Financial Services


Job Description

Job ID: 1179552
Employment Status: Full-Time
Regular/Temporary: Regular

Your Career. Made Better.

BJC HealthCare is one of the largest nonprofit health care organizations in the United States, delivering services to residents primarily in the greater St. Louis, southern Illinois and mid-Missouri regions. BJC serves patients and their families in urban, suburban and rural communities through its 15 hospitals and multiple community health locations. Services include inpatient and outpatient care, primary care, community health and wellness, workplace health, home health, community mental health, rehabilitation, long-term care and hospice.

Treasury has overall responsibility for all system funds and securities under the general guidance of the Assistant Treasurer and the Finance Committee of the System Board. This group oversees the day to day cash management, including establishment and maintenance of proper controls over daily cash transactions of BJC HealthCare and the cashiering functions at BJC entities within the Washington University Medical Center. The group is responsible for managing activities and providing technical assistance to the Assistant Treasurer and CFO related to bond issues and other long term debt obligations of the system.


Join Us!


Role Purpose

Responsible for computing and analyzing aggregate portfolio risk metrics and producing econometric and statistical analysis in support of asset allocation, portfolio design, manager selection and benchmarking research. Will work closely with external consultants and financial vendors and will utilize a broad and deep knowledge of quantitative statistics, computer modeling, risk management and global capital markets to provide insight, support and challenge to each of the asset classes. Will also drive the team's generation of analytics for risk management purposes, as well as supporting the development and implementation of risk management practices designed to aid the short and long term return and risk goals of BJC.


Responsibilities

  • Evaluate asset class valuations, macro-economic trends and implications for asset allocation strategies in order to build, research and maintain databases of economic and market index data, correlation volatilities and returns to develop ad hoc white papers addressing investment topics and principles.
  • Drive the annual asset-liability process for BJC clients that include building the infrastructure that will support return, risk and correlation expectations.
  • Build tools that will assist with the identification of asset class valuation and optimal hedging strategies.
  • Develop and continually improve algorithmic approaches to risk attribution and forecasting at the aggregate portfolio level in order to lead quarterly and monthly risk reporting efforts and improve data management and analytic infrastructure.
  • Perform ongoing benchmark research and assist with various modeling projects involving the evolution of portfolio-wide metrics, asset allocations, policy portfolio work and ad hoc analytical projects that are predicated on risk management.
  • Develop compliance process for investment team, consolidated portfolio and individual managers.

  • Minimum Requirements

     

    Degree

  • Bachelor's Degree
  • - Accounting/Finance/related

     

    Experience

  • 5-10 years
  •  

    Licenses & Certifications

  • CFA Charterholder

  • Benefits Statement

    Note: not all benefits apply to all openings

    -  Comprehensive medical, dental, life insurance, and disability plan options
    -  Pension Plan*/403(b) Plan
    -  401(k) plan
    -  Tuition Assistance
    -  Health Care and Dependent Care Reimbursement Accounts
    -  On-Site Fitness Center (depending on location)
    -  Paid Time Off Program for vacation, holiday and sick time

    *Pension does not apply to Memorial Hospital, Memorial Hospital East, Memorial Medical Group, Alton Memorial or Parkland Health Center


    Legal Statement

    The above information on this description has been designed to indicate the general nature and level of work performed by employees in this position. It is not designed to contain or be interpreted as an exhaustive list of all responsibilities, duties and qualifications required of employees assigned to this job.

     

    Equal Opportunity Employer