Analyst, Global Asset Liability Management

The Global Asset Liability Management (GALM) team plays a leadership role in the identification and management of asset/liability risks for the global general accounts of Manulife and John Hancock. Within GALM, the mandate of the North America Segment Management team is to support ALM risk management, implement both long term and tactical ALM strategies, and support balance sheet optimization within the constraints of tax, capital, liquidity, accounting and reserving, for the Canadian and US Segments.

The Global Asset Liability Management (GALM) team plays a leadership role in the identification and management of asset/liability risks for the global general accounts of Manulife and John Hancock. Within GALM, the mandate of the North America Segment Management team is to support ALM risk management, implement both long term and tactical ALM strategies, and support balance sheet optimization within the constraints of tax, capital, liquidity, accounting and reserving, for the North America business areas of Manulife.

Reporting to the AVP, North America Segment Management, this incumbent’s primary responsibility will be to lead, coordinate, or support balance sheet management activities. This includes asset strategy implementation, risk management, balance sheet analysis and optimization. In addition, this incumbent will provide ALM support to cross divisional projects and initiatives to meet our business goals and financial objectives.

The position provides the challenging opportunity for interacting with many business partners in the North America business areas of Manulife, as well as Investments, Finance, Actuarial, Capital, and Risk teams. You will also gain an understanding of the many types of investments and business activities across the company.

Responsibilities

• Process regular policy cash flow settlements, segment top-up/top-downs, and asset transfers

• Implement and monitor approved investment strategies

• Work closely with the Reporting and Analysis team in ALM to analyze and monitor asset positions relative to target mix and benchmark limits, and prepare regular reports to the Segment Asset Liability Committee and other business partners

• Review and update ALM documents and policies to ensure they reflect current policies and procedures

• Review various reports generated by other teams to ensure accuracy and consistency

• Support the proposal and execution of strategies to manage the company’s interest rate and spread risks

• Develop an understanding of tax, capital, liquidity, accounting and reserving in order to contribute to balance sheet management solutions

• Assist in additional projects and fulfill ad-hoc requests as required

Qualifications

• Bachelor’s degree in finance, investments, risk management, or a related field

• Relevant experience in financial services or investment risk management environments is a plus

Skills

• Excellent analytical and problem-solving ability

• Detail oriented

• Ability to respond to changing demands, prioritize needs, and work under tight deadlines

• Strong written and oral communication skills

When you join our team:

• We’ll empower you to learn and grow the career you want.

• We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.

• As part of our global team, we’ll support you in shaping the future you want to see.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact recruitment@manulife.com.

Salary range is expected to be between

If you are applying for this role outside of the primary location, please contact recruitment@manulife.com for the salary range for your location. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.

Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact recruitment@manulife.com for more information about U.S.-specific paid time off provisions.