Asset Allocator Jobs (NOW HIRING)

Location Designation: Hybrid - 4 days per week
About New York Life Investments ("NYLI")
New York Life Investments (NYLI), an indirect, wholly owned subsidiary of New York Life Insurance Company, is a top 25 global asset management firm. With $799 billion in assets under management, NYLI is a premier investment management firm serving a variety of client segments including retail, institutional, insurance and defined contribution and benefit on a global basis. New York Life Investments offers a diverse set of investment capabilities ranging from traditional equity and fixed income to alternative investment strategies and multi-asset solutions. Renowned for its premier investment acumen and client focus, NYLI's vision is to be one of the most trusted providers of investment management expertise and long-term financial security.
About the Global Market Strategy team
The Global Market Strategy team is the firm's "center of excellence" for global economic, market, and investment practice. We provide actionable insight into market-driving events, structural themes, and portfolio construction to empower investment decision-making.
The team is responsible for economic and market view-setting, collaboration with investment teams across the platform, asset allocation views, and the commercial impact of those views - including via thought leadership, portfolio consulting, and client interaction.
The team works closely with investment, product, marketing, and distribution teams to provide concrete views, investment convictions, and connection points with our clients.
You can see the team's work here: https://www.newyorklifeinvestments.com/global-markets
What You'll Do:
The senior strategist will serve as a senior member of NYLI's Global Market Strategy team, leading the articulation of the firm's house economic, market, and cross-asset allocation views.
The person in this role will focus on our institutional clients - including a wide range of institutional client types and in regions including the Americas, Europe, the Middle East, and Asia. Their responsibility will be to translate team views into asset allocation guidance that can be adopted in real portfolios. This may include geographic considerations (including currency), liquidity needs, and other investor specifics where and as appropriate.
They will also be responsible for developing and maintaining relationships with key partners - including our distribution teams - to ensure that the team's work is making a concrete impact for our clients and for our organization's goals.
The successful candidate brings deep asset allocation and portfolio construction experience, credibility with institutional CIO teams and home offices, and the ability to synthesize evidence into clear "what to do" guidance. They will partner across investment teams, product, sales, and marketing teams to ensure our strategy is implementable and measured for impact.
This is a unique opportunity to shape NYLI's market strategy platform - linking macro conviction to portfolio decisions, accelerating adoption in the institutional channel, and strengthening the firm's differentiation in a crowded market.
The candidate will spend considerable time with our global institutional sales teams, with our investment teams, and with our clients. Travel requirements tend to ebb and flow but will likely amount to one trip per month. Travel includes U.S. and international locations.
Responsibilities include but are not limited to:

• Conduct original research to support the firm's economic, market, and allocation views.
• Provide strategic asset allocation and market guidance for institutional clients; this role is advisory and framework-oriented and does not involve discretionary portfolio management or security selection.
• Translate team views into decision-useful allocation guidance (positioning ranges, time horizon, risk considerations) designed to support institutional CIOs, consultants, and allocator decision-making rather than discretionary portfolio management.
• Apply views to globally relevant asset allocation frameworks explicitly tailored to institutional investors (e.g. pensions, endowments, insurers, OCIOs), reflecting governance structures, constraints, and decision cycles.
• Present and defend views in internal investor forums, home office due diligence, client meetings, and industry conferences.
• Develop and maintain a light scenario/trigger discipline (what could change our view; alternative paths) and partner with risk / portfolio managers to pressure-test cross-asset implications.
• Contribute to client and marketing publications and collaborate to ensure brand / compliance alignment and consistent messaging.
• Drive alignment and activation with sales and marketing colleagues so that guidance is usable in models, proposals, and field conversations.
• Measure adoption and impact (usage by partners/clients, influenced opportunities) and incorporate feedback to improve guidance.
• Represent the GMS team in senior stakeholder forums and enterprise initiatives; mentor and upskill colleagues to scale best practices.

What You'll Bring:

• 10-15+ years of highly relevant work experience such as multi-asset strategy, CIO office, investment consulting, or portfolio construction teams; direct portfolio management experience is not required and is not the primary qualification for success in this role.
• Proven experience working with or understanding of institutional investors and credibility engaging with CIO-level audiences.
• Strong understanding of macroeconomics, markets, and investment strategy
• Demonstrated implementation literacy across instruments and position sizing, horizon, and triggers.
• Global fluency: experience adapting guidance to non-US investors, vehicles, and regulatory/operational constraints.
• Travel for priority firm and client engagements, up to one week per month.
• Strong interpersonal skills and executive presence; ability to build trust and influence at all levels; enthusiasm for relationship-building; demonstrated success with investment clients
• Excellent organizational skills; demonstrated ability to manage complex, cross-functional projects from concept through execution; ability to manage multiple workflows
• Proactive, resourceful, and comfortable operating in fast-paced, high-expectation environments
• Comfortable with data tools (Bloomberg, Macrobond)
• Bachelor's degree required, CFA, MBA, or other advanced credentials a plus

Submission requirements:

• Writing or presenting samples from prior work experience may be requested.

#LI-AM1
Pay Transparency
Salary Range: $165,000-$250,000
Overtime eligible: Exempt
Discretionary bonus eligible: Yes
Sales bonus eligible: No
Actual base salary will be determined based on several factors but not limited to individual's experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.
Company Overview
At New York Life, our 180-year legacy of purpose and integrity fuels our future. As we evolve into a more technology-, data-, and AI-enabled organization, we remain grounded in the values that drive lasting impact.
Our diverse business portfolio creates opportunities to make a difference across industries and communities-inviting bold thinking, collaborative problem-solving, and purpose-driven innovation. Here, you'll find the rare balance of long-standing stability and forward momentum, supported by an inclusive team that honors tradition while embracing progress.
As a Fortune 100 mutual company, we offer a place to grow your skills, contribute to meaningful work, and deliver solutions that matter. Your ideas drive what's next, and your growth powers it.
Our Benefits
We provide a full package of benefits for employees - and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work.Click hereto discover more about our comprehensive benefit options or visit our NYL Benefits Site.
Our Commitment to Inclusion
At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity, ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. Click here to learn more about New York Life's leadership in this space.
Recognized as one of Fortune's World's Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.
Visit our LinkedIn to see how our employees and agents are leading the industry and impacting communities.
Visit our Newsroom to learn more about how our company is constantly evolving to meet our clients' and employees' needs.
Job Requisition ID: 92454
About NY Life Insurance Company
Diversity & Humanity-two values that are deeply rooted in the New York Life culture and have laid the foundation for over 175 years of commitment to our employees, agents, policy owners, and the communities where we live and work. At New York Life you become a valued part of a welcoming, inclusive, and caring culture that has a long-standing legacy in stability and growth. The strength of New York Life revolves around our diversified, multi-dimensional business portfolio that goes beyond life insurance, and we want you to be a part of our legacy.
As a Fortune 100 company and industry leader, we provide an environment where you can explore your career ambitions, offering opportunities to tackle meaningful challenges and stretch your skills while balancing work and life priorities. You will be part of a diverse team guided by our belief to always be there for each other-providing the support and flexibility to grow and reach new heights while making an impact in the lives of others.
You are our future, and we commit to investing in you accordingly.
Visit our Linkedin to see how our employees and agents are leading the industry and impacting communities.
Visit our Newsroom to learn more about how our company is constantly evolving to meet our clients' and employees' needs.
Required Legal Notices - All Candidates Please Click Here