[Remote] Head of Credit Underwriting - Specialty Finance

Note: The job is a remote job and is open to candidates in USA. Nationwide Life and Annuity Insurance Co. is hiring a Head of Credit Underwriting for its Specialty Finance team. The role leads credit risk analysis and underwriting for specialty finance insurance solutions, develops risk and return recommendations, and oversees underwriting frameworks in collaboration with internal and external partners.

Responsibilities

• Drives credit analysis for innovative specialty finance solutions, establishing methodologies for evaluation of risk and return, bridging traditional asset-oriented approaches with product- focused views
• Identifies risk and return drivers, develops and models forward-looking scenarios, analyzes relative value, and provides recommendations for pricing of credit aspects of specialty finance solution products
• Communicates analysis and recommendations through written reports, presentations, conversations and meetings with internal and external partners
• Contributes to the establishment and implementation of a risk appetite, budget and limit framework for specialty finance solutions, leveraging and appropriately adjusting existing frameworks
• Designs, implements and monitors credit underwriting and operating manuals for the specialty finance venture. Works closely with internal and external partners to incorporate input
• Builds relationships with internal and external partners to identify and assess new product opportunities
• Interfaces with accounting, legal, regulatory and rating agency teams to structure specialty finance products in an effective and efficient manner
• Designs and implements performance and risk measurement tools and reporting for the specialty finance venture
• Monitors, reviews and evaluates industry, economic, and regulatory trends that impact specialty finance products
• Contributes to enhancement of the team's overall approach to evaluating and managing specialty finance opportunities, including evaluation framework, underwriting guidelines, and ongoing management
• May perform other responsibilities as assigned

Skills

• Bachelor's Degree
• 8 to 12 years of related investment experience
• Conversant in fixed income and equity valuation methodologies
• Conversant in return on capital based analysis
• Expert Credit Research professional
• Advanced understanding of Credit Research tools and processes
• Proficient in Excel
• Leadership potential
• Demonstrated curiosity and ability to apply risk and return principles to innovative products
• Demonstrates presence with excellent verbal and written communication
• Organized, detailed, and process oriented
• Analytical and problem-solving capabilities
• Well-developed negotiating skills
• Positive, hardworking, pro-active, and professional
• Highly collaborative and team oriented
• Critical and creative thinker; comfortable expressing opinions and views to peers and executive leaders
• Decisive with strong judgment
• Driven self-starter and capable of working independently
• Responsive, reliable, and timely
• Handles pressure well and capable of managing multiple tasks and projects simultaneously
• Ability to successfully coordinate and work across multiple groups
• MBA, MS or MA in business administration, economics, finance, or CFA preferred
• Bloomberg experience is a plus

Benefits

• Open to working remotely in the United States
• Medical, dental, and vision coverage
• Life insurance
• Short- and long-term disability coverage
• Paid time off: newly hired associates receive a minimum of 18 days per full calendar year, prorated quarterly based on hire date
• Nine paid holidays
• 8 hours of Lifetime paid time off
• 8 hours of Unity Day paid time off
• 401(k) with company match
• Company-paid pension plan
• Business casual attire

Company Overview

Company H1B Sponsorship