[Hiring] Head of Credit Underwriting @Nationwide

Role Description

As the Head of Credit Underwriting on our Specialty Finance team, you will be responsible for identifying and analyzing all credit risk aspects of these solutions and working with the team to structure these well. Collaborating with credit experts across the investment teams is an important part of the role. You will also work closely with external partners, and will play an integral part in establishing, maintaining, and overseeing underwriting activities, operating manuals and guidelines.

Key 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.

Qualifications

• Bachelor’s Degree; MBA, MS or MA in business administration, economics, finance, or CFA preferred.
• 8 to 12 years of related investment experience.

Requirements

• 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; Bloomberg experience is a plus.
• 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.

Benefits

• Medical/dental/vision insurance.
• Life insurance.
• Short and long term disability coverage.
• Paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated 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.
• And more.