Note: The job is a remote job and is open to candidates in USA. Nationwide is a Fortune 100 company with nearly $70 billion in annual sales, committed to delivering extraordinary care to its customers. The Head of Credit Underwriting will play a critical role in shaping business outcomes by analyzing credit risk aspects of specialty finance insurance solutions and collaborating with internal and external partners to structure these effectively.
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
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
- 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
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
Company Overview