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Type of Role: Investments

Experience Level: Analyst/Associate

Location: Vienna, Virginia

Salary: $76K - $125K

Navy Federal Credit Union (or Navy Federal) is an American global credit union headquartered in Vienna, Virginia, chartered and regulated under the authority of the National Credit Union Administration (NCUA). Navy Federal is the largest natural member (or retail) credit union in the United States, both in asset size and in membership. As of November 2023, Navy Federal had US$168.4 billion in assets and has 13.3 million members. Details below.

Job Description

To contribute and increase the value of the investment portfolio and achieve greater economic value for the organization and its members. Support investment strategy by exploring, researching and analyzing various investment opportunities and executing tactics to maximize earnings. Works under minimal supervision and makes recommendations.

Responsibilities

  • Monitor, access and evaluate credit and rate markets for investment opportunities; develop and track all relevant asset sector offerings, prices, spreads, credit ratings and correlations between sectors
  • Assess and evaluate other asset classes, including additional equity sectors, funds, exchange-traded funds (ETFs), loans, high yield assets, sovereign debt and supra-national debt
  • Execute transactions independently and has moderate authority managing the composition, risk and performance of the investment portfolio
  • Utilize expanded investment authority to include purchases of corporate debt, commercial mortgage-backed security (MBS), equities, etc.
  • Contribute to the management of the Employee Benefit Program (EBP)
  • Participate in the three-year budget planning process, analyze income and revenue variability across the portfolio (what-if scenarios, MBS speed simulations) and contribute to proactive management of those changes
  • Develop, prepare and deliver reporting capturing all aspects of the portfolio, from Net Present Value (NPV) and Net Interest Income (NII), total return, various yield measures, duration, convexity and credit profiles
  • Monitor and assess current and evolving methodology and technologies as it relates to trading execution, pricing, ratings, credit and risk measurement; recommend tactics to lower cost and increase revenue
  • Participate in the development of performance measurement and return attribution analysis; document results for training and development and influence senior management decision-making
  • Perform trading, execution and settlement processing; develop reporting on all callable/pay down activity across portfolio
  • Maintain documentation of all trading activity and processes, for training, audit purposes and historical value
  • Collaborate with management to develop strategy for the three-year budget planning process, ensure the process and results are accurate
  • Build and maintain relationships with team members, management, key stakeholders and external contacts (vendors, etc.)
  • Create, develop and maintain relationships with broker and dealers, utilizing research, trade ideas, trading and research platforms, and assessment of market flow information
  • Assess trading counterparts and identify organizational opportunities to leverage existing business with other operational income and business challenges
  • Research, gather and synthesize moderately complex data; present conclusions and recommendations to management and/or team members
  • Participate in the develop of the overall division strategy
  • Stay abreast of and ensure compliance with applicable federal, state and industry laws, regulations and guidelines
  • Perform other duties as assigned

Qualifications

  • Experience in corporate treasury operations and executing corporate investments
  • Experience in executing transactions aimed at managing the composition, risk and performance of the investment portfolio
  • Experience in portfolio construction and risk management issues
  • Experience in working with diverse internal and external contacts
  • Experience in presenting technical solutions and/or recommendations
  • Effective skill with researching and analyzing complex technical financial data, with ability to draw solid conclusions and make prompt and sound decisions
  • Effective research, analytical, and problem solving skills
  • Effective verbal and written communication skills
  • Effective skill to influence, negotiate & persuade to reach agreeable exchange & positive outcomes
  • Effective skill in project management to include establishing and leading project teams; managing timelines/deadlines/resources; ensuring successful project implementation
  • Effective skill in word processing and spreadsheet software skills
  • Bachelor’s Degree in a related field such as Statistics, Economics, Finance or the equivalent combination of training, education, and experience

Desired Qualifications

  • Master’s degree in a related field such as Statistics, Economics Finance or the equivalent combination of training, education and experience
  • Experience with corporate treasury operation and executing corporate investments
  • Chartered Financial Analyst (CFA) or Chartered Asset Allocator (CAA) designation
  • Experience in credit union financials and/or NCUA regulations
  • Working knowledge of Navy Federal products, services, programs, policies and procedures

Hours: Monday – Friday, 8:00AM – 4:30PM

Location: 820 Follin Lane, Vienna, VA 22180