Director of Capital Strategy (Charlotte, NC (Hybrid) or Fully Remote)

Where you'll work:
Our hybrid workplace model offers the freedom to work fully remote or occasionally in one of our offices. This is a remote position with a hybrid option for candidates based in Charlotte, NC.

How you'll contribute:
As a Director of Capital Strategy, you'll be responsible for leading cross- functional efforts to manage the company's capital strategy through statutory, rating agency and economic capital frameworks and proactively mitigate risks related to capital requirements. The position has one direct report, Capital Analytics Manager.

In this role, you'll get to:

• Manage the development and refinement of capital models that produce integrated and just-in-time calculations and projections of capital positions
• Lead reporting and analysis of models to inform senior management on current and projected capital positions from S&P, Moody's, Fitch, and AM Best, as well as ALIRT
• Review rating agency survey submissions for accuracy and evaluate capital model impacts
• Review capital models from rating agencies and identify any discuss any discrepancies with agencies
• Create and deliver proposals in collaboration with key internal stakeholders to optimize capital and minimize risk to support the company's business strategy and remain compliant with various capital requirements
• Assist in the analysis and implementation of capital optimization strategies and special projects
• Collaborate with Controllers group on quarterly RBC attribution
• Support reporting and communication efforts related to statutory, GAAP, and economic capital considerations to stakeholders, including senior management, regulators, and auditors
• Understand and support the communication of the implications of all significant transactions from a statutory, GAAP, and economic capital framework
• Assist in reporting activities to the Board of Directors and senior management related to capital strategy
• Lead the BRCD Hedge Working Group to maintain appropriate protection of cash flow testing margins across interest rate scenarios and complete quarterly hedge effectiveness assertions
• Represent Treasury on GA ALM, VA ALM, Assumptions, Macro Hedge, VA Communication working groups
• Collaborate with reinsurance team particularly on financial reinsurance and other transactions that impact capital
• Direct communication with ALIRT and organize annual meeting

We're looking for people who have:

• 10+ years of experience with increasing responsibilities in the areas of corporate finance, capital strategy and financial modeling within large financial institutions
• Experience managing, motivating and developing a small team
• Undergraduate degree in related discipline required; MBA, CPA, FSA and/or CFA preferred
• Strong understanding of statutory, GAAP, and economic accounting and capital frameworks
• Demonstrated experience managing large, complex Excel models
• Experience with capital management, detailed analyses, and coordination with senior leaders on implementing actions to take advantage of opportunities or mitigate economic risks identified
• Industry leading knowledge of financial markets and economics including derivatives and hedging strategies
• Excellent communication, interpersonal, and management skills with the ability to persuade, negotiate, and arbitrate to influence others to effect change and achieve desired results
• Demonstrated ability to consider multiple views while making business decisions
• Research shows some people may not apply for a role if they don't check all the boxes of a job description. If you don't check every box listed, that's okay. We would love to hear from you.

What you'll receive:

• Compensation - Base salary ranging from 120,000 to $155,000 plus competitive performance-based incentives determined by company and individual results
• Flexible Work Environment - Work fully remote or occasionally in the office to better thrive in all areas of life
• Paid Time Off - Recharge with a minimum of 20 days of paid time off and 16 paid company holidays per calendar year plus paid volunteer time and paid study time
• Financial Health - Work toward achieving your financial goals through our 401(k) savings plan with company match (up to 6%) and annual company nondiscretionary contribution (3%), 15% employee stock purchase plan discount, and financial counseling services
• Health and Wellness - Enjoy competitive medical, vision, and dental plans plus tax-free health savings accounts with potential company contributions up to $1,000 per family
• Family Support - Care for loved ones with up to 16 weeks of paid leave for new parents, back-up dependent care, dependent care flexible spending account, and reimbursement up to a $25,000 lifetime maximum during your adoption, infertility, or surrogacy journey
• Life and Disability Support - Gain access to company-paid basic life insurance and short-term disability insurance

Travel:

The company and your department may occasionally gather in person throughout the year to foster a culture of belonging and promote team building. We'd love for you to join us during those company-wide and department-wide events to help you strengthen connections across the company.

Why join us?
Brighthouse Financial is on a mission to help people achieve financial security. Our company is one of the largest providers of annuities and life insurance in the U.S.,* and we specialize in products designed to help people protect what they've earned and ensure it lasts.

We empower employees to collaborate and create space for people to bring their passion to work and make an impact. Our inclusive work environment fosters a culture that celebrates diverse backgrounds and experiences. You can find out more about our company culture by visiting brighthousefinancial.com/about-us/careers/.

We're proud to be a FORTUNE® 500 company** and recognized as one of Charlotte's Healthiest Employers by the Charlotte Business Journal. We're also honored to be named to Newsweek's inaugural list of America's Most Trusted Companies.

*Ranked by 2020 admitted assets. Best's Review®: Top 200 U.S. Life/Health Insurers. A.M. Best, 2022.
**From FORTUNE © 2022 Fortune Media IP Limited. All rights reserved. Used under license. FORTUNE and FORTUNE 500 are registered trademarks of Fortune Media IP Limited and are used under license. FORTUNE and Fortune Media IP Limited are not affiliated with, and do not endorse the products or services of, Brighthouse Financial.