About Our Company

Aflac Global Investments located in the heart of the financial district is the organization who’s responsible for the overall investment activities of Aflac, Inc. With more than 100 employees in US (New York) and Japan (Tokyo); Aflac’s Global Investments organization seeks to maximize risk-adjusted returns subject to our liability profile and capital requirements and generates in excess of $3.0 billion a year in net investment income.

Summary of Role

We are seeking a portfolio manager in project and infrastructure financing to contribute to the overall responsibility for managing and developing the externally managed Infrastructure Debt portfolios and related investment strategies. The position will provide market insight and in-depth knowledge of the asset class and its deployment for life insurance company balance sheets, including Aflac’s Japan and US insurance companies. The Portfolio Manager – Infrastructure Debt, will be a member of GI’s multi-asset class EMP team and will have the opportunity to collaborate with the EMP Portfolio Managers and operational due diligence teams. In addition, the position has responsibility to collaborate with investment leaders and their teams in GI and with business leaders and staff in Aflac Inc., Aflac US and Aflac’s Japan insurance asset management subsidiary (AAMJ), which has primary investment and asset management responsibility for Aflac’s Japan insurance company.

The Portfolio Manager of Infrastructure Debt will operate from within Aflac’s global asset management subsidiary (AAMLLC, d.b.a. Aflac Global Investments) formed in November 2011. AAMLLC has global investment and asset management responsibilities for Aflac’s investment strategies and portfolio management for Aflac’s Japan and US insurance companies, consisting of public, private and growth assets.

Candidate Profile

The candidate will have demonstrated experience as an investor/portfolio manager in global project and infrastructure finance, either via direct investing or through an external management practice such as GI’s EMP. The candidate will also have familiarity with major regulatory and leading industry frameworks influencing project finance gained through experience in structuring, underwriting and/or investing in this asset class. Technical knowledge of country, sector and project-specific structuring characteristics and challenges is a plus. In addition, the candidate must have current knowledge of environmental, societal and governmental considerations in this asset class and its sustainability opportunities, and ideally will have investment-related experience in sustainable infrastructure project financings.

Key Relationships

Reports to: Director, Portfolio Manager - Infrastructure Debt

Primary Internal Relationships: U.S. EMP team, Japan EMP team, GI business leaders and staff across front, middle and back office, GI Risk, Investment Accounting, Tax, Compliance and other key Aflac business partners

Primary External Relationships: Existing and new external managers, peer and industry networks.

Principal Duties & Responsibilities

Key responsibilities include:

• Manage and monitor existing and new mandates, managers, deployment, guidelines compliance, performance monitoring and attribution. Provide quantitative, qualitative, and peer group analysis essential to creating and maintaining robust knowledge of asset classes and external asset managers. Solidify and maintaonal mentform.perational aspects of the extenal teamsrnal management platform.in manager relationships and regularly review manager data and monitor for manager delivery of IMA and SLA and guidelines

• Research, develop investment theses and recommend new and existing investments, asset class and market opportunities through the candidate’s existing and prospective networks of external asset managers, in alignment with GI’s goals and objectives, including its ESG integration
• Own and lead internal review/approval processes and investment due diligence responsibilities for on-boarding of new external mandates and investment strategies
• Support the delivery of relevant and in-depth intelligence on global markets, asset managers and competitors and asset class expertise across the risk spectrum, with an emphasis on maintaining corporate intelligence on and sourcing appropriate risk-adjusted private investment and lending opportunities

• Manage the delivery of quantitative and qualitative data and analysis by working closely with EMP colleagues and GI’s Business Intelligence team. Assume responsibility for accuracy and timely delivery of information as required by the team’s reporting function

• Collaborate with key stakeholders including the Chief Investment Officers, business unit heads, and business partners across Aflac Inc., Aflac Japan and Aflac US
• Produce and manage asset class related research and projects
• Coordinate all related asset class, external manager and portfolio communication with US and Japan EMP team and corporate business partners
• Act as ambassador and asset class subject matter expert for Aflac and GI with peers and within the industry
• Perform special projects as required including participation in GI and Aflac workstreams
• Prepare qualitative and quantitative analyses and summaries as required

Candidate Qualifications

The qualified candidate will have credible experience and available references demonstrating the following attributes:

• Minimum of 8 years of demonstrated portfolio management experience managing credit fixed income assets in an institutional investment environment, with experience in project finance and infrastructure debt investing

• Prefer experience managing third party external managers, especially in project finance and infrastructure debt assets
• Demonstrated evidence in producing new investment opportunities given knowledge of markets, asset classes, asset managers and investment frameworks in life insurance companies
• Experience in Accounting, Tax, Regulatory, Legal, Audit, Compliance matters in relation to assigned asset classes and markets, with particular expertise in life insurance company investing
• Solid and demonstrated knowledge of investments and global capital markets, with experience in investing prudently and effectively in complex, constrained insurance and/or financial organizations
• Must have experience in delivering projects, including on tight delivery timeframes and to executive audiences
• Proven ability to execute on goals, prioritize and work with teams to meet deadlines
• Demonstrated effectiveness in working and collaborating in team environment within and across multiple functions, notable if across time zones and cultures
• Experience in navigating and effectively handling socialization and governance in complex organizations
• Demonstrated effective people management and teamwork skills
• Excellent verbal and written communication skills
• Excellent critical thinking, quantitative and analytical skills
• Aptitude to manage and rationalize data from various sources
• Excellent skills in Excel for sourcing, managing and assembling data for ad hoc analysis, formal projects and reporting
• Undergraduate university credentials; advanced study in relevant field a plus
• Prefer CFA or equivalent professional qualifications

Experience with Japan insurance company investing and regulatory risk frameworks a plus

The range on this positions is: $100,000 to $232,000

This compensation range is specific to the job level and takes into account the wide range of factors that are considered in making compensation decisions including, but not limited to: education, experience, licensure, certifications, geographic location, and internal equity. The range has been created in good faith based on information known to Aflac at the time of the posting. Compensation decisions are dependent on the circumstances of each case. This salary range does not include any potential incentive pay or benefits, however, such information will be provided separately when appropriate.

In addition to the base salary, we offer an array of benefits to meet your needs including medical, dental, and vision coverage, prescription drug coverage, health care flexible spending, dependent care flexible spending, Aflac supplemental policies, 401(k) plans, and generous paid time off. You’ll also be granted time off for designated paid holidays and other leaves of absence, if eligible, when needed to support your physical, financial, and emotional well-being. Aflac complies with all applicable leave laws, including, but not limited to sick, adoption and parental leave, in all states and localities.

We will consider for employment all qualified applicants, including those with a criminal history, in a manner consistent with the requirements of all applicable federal, state, and local laws, including the Los Angeles Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and the New York City Fair Chance Act. Applicants with criminal histories are encouraged to apply.