[Hiring] Senior Consultant, Credit & Political Risk @Nationwide

Role Description

We are seeking a highly analytical Credit & Political Risk professional to support the assessment and ongoing management of credit and political risks across a diverse portfolio. The role focuses on reviewing financial statements, analyzing counterparty and country risk, and developing quantitative and qualitative risk models to support underwriting, monitoring, and strategic decision-making.

The ideal candidate combines strong financial analysis skills with a solid understanding of political and sovereign risk, and the ability to translate complex data into clear risk insights for senior stakeholders.

Key Responsibilities

• Credit & Financial Analysis
  • Analyze and interpret financial statements, cash flow forecasts, and operating metrics to assess counterparty creditworthiness.
  • Evaluate corporate, sovereign, sub-sovereign, and project-related financial risks, including liquidity, leverage, and profitability.
  • Conduct trend, peer, and stress analyses to identify emerging credit risks.
  • Leverage credit and equity research to analyze industry trends, competitive landscape, and market dynamics.
• Political & Country Risk Assessment
  • Assess country, sovereign, and political risks, including macroeconomic trends, fiscal and external vulnerabilities, regulatory frameworks, and geopolitical developments.
  • Incorporate political risk considerations into credit assessments, ratings, and exposure recommendations.
  • Monitor changes in political, economic, and regulatory environments and assess potential impacts on assigned exposures.
• Risk Modeling & Framework Development
  • Develop, enhance, and maintain credit risk and political risk models, scoring tools, and rating methodologies.
  • Contribute to the design of stress testing, scenario analysis, and early warning indicators.
  • Ensure models and frameworks are well-documented, robust, and aligned with internal risk governance standards.
• Portfolio Management & Monitoring
  • Perform ongoing monitoring of assigned credits, including covenant analysis, limit management, and review of financial updates.
  • Prepare credit reviews, risk memos, and monitoring reports for internal committees and senior management.
  • Support portfolio analytics, including concentration, correlation, and exposure analysis.
• Stakeholder Engagement
  • Collaborate with underwriting, structuring, portfolio management, and senior risk leaders.
  • Present risk assessments, conclusions, and recommendations clearly to credit committees and internal stakeholders.
  • Participate in cross-functional initiatives to enhance risk analytics and decision-making tools.
• May perform other responsibilities as assigned.

Qualifications

• Bachelor’s degree preferred; MBA or master’s degree in finance, economics or accounting a plus.
• CPA/CFA a plus.
• 10+ years developing risk models, scorecards, or quantitative analytical tools.
• Strong foundation in financial statement analysis and credit evaluation.
• Experience working with risk models, scorecards, or quantitative analytical tools.
• Knowledge of sovereign, political, and emerging market risk factors.
• Good communication and interpersonal skills.
• Prior underwriting credit authority.
• Advanced proficiency in Excel; experience with analytics tools, databases, or programming strongly preferred.

Benefits

• Medical/dental/vision.
• 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.