About the role
Job Description: The
Se curities Valuation Office
(SVO)
of the National Association of Insurance Commissioners (NAIC) has
an exciting opportunity for a
Credit Analyst II
.
This
- team member
- will have
- well-developed, credit and analytical
- expertise
- in the field of assignment
- and
- preform
- credit analysis in
- assigned
- are a .
Function
- s
- of this role
- include
- rating
- and analyzing a high-volume portfolio of debt securities for inclusion in the NAIC Securities database.
They will a
ctively contribute to various SVO initiatives and projects on a regular basis
.
This
- team member
- works independently and must have excellent verbal and written communication skills, and
- maintain
collegial relations with his peers, and other internal and external customers
.
This is a full-time hybrid position, in a positive and flexible environment. Residency within 100 miles of the
New York, NY
office is
required .
Responsibilities Include
Perform
- s
- credit analysis of assigned sectors of corporate or
- structured
- securit ies
- in a wide variety of industries to
- establish
- appropriate
- rating .
- This requires reasoned based judgment based upon a thorough analysis of security structure & legal
- agreements, financial statements and credit viability of issuer, appropriate p e ers, corporate or structured securities , analytical methodologies, industry data for comparative purposes econ omic trends
- ion
- the industry and country of issuer, as well as relevant third party support, collateral or lease agreements.
Prepare
- s
- appropriate
- and efficiently written credit reports and make concise verbal presentations to the
- c redit
- c ommittee. Credit reports such as
- an Initial
Filing or Annual Update
r eport s , documenting the rating s
rationale, must adhere to the internal analysis standards
.
Respond to appeals, both verbal and written
.
Achieves
productivity and timeliness requirements.
Complete
s
review of the
Regulatory Treatment Analysis Service
- requests (RTAS) for credits in
- assigned
- portfolio. Prepare s
- an appropriate written
- report for a review by a
- c redit
- c ommittee documenting the rating s
- rationale .
Identif
- ies
- and
- participate s
in internal and external professional development opportunities to broaden the analytical skill set
.
Develop
- s
- a
- strong
- working knowledge of the Purposes and Procedures Manual of the
- Investment Analysis Office and the Accounting Practices & Procedures Manual of the NAIC.
Produce
- s
- research covering important industry trends/issues in
- assigned
- portfolio that may be important to regulators. Respond to informational requests from a variety of sources, such as regulators, insurers,
- Nationally Recognized Statistical Rating Organizations ( NRSROs ) , investment bankers ,
- etc.
Maintain excellent interpersonal skills
- in order to
- d isseminate
- information and viewpoints to a variety of customers, including regulators.
Minimum Education and/or Experience Required
Master's degree (M.A.), M.B.A. in Finance or equivalent and/or CFA
.
Related experience
- of 5
- to 10 years with at least 5+ years of fundamental credit analysis, and/or training or equivalent combination of education and experience.
- P referred Experience
- Experience performing credit analysis at a Nationally Recognized Statistical Rating Organization (NRSRO or “credit rating agency”).
Systems & Technology Requirements
Intermediate to advanced level
proficiency
with Microsoft Office (Word, Excel, PowerPoint, Outlook, Access), Microsoft Windows,
Bloomberg
- and similar software .
- Advanced programming capabilities with these tools
- is
- a plus.
Compensation
- $128,237
- up to $195,000 ,
- commensurate
- with education and experience.
Sponsorship
Applicants must
- be authorized to
- work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa
- at this time .
Interested in learning more about the amazing benefits the NAIC offers? Visit our
Benefits
page for more information.
The NAIC is proud to be an Equal Opportunity Employer
Applicants for all positions are considered without regard to age, race, creed, color, religion, sex, sexual orientation, gender identity or expression, national origin or ancestry, marital status, pregnancy, genetic information, military or veteran status, disability, or any other basis protected by applicable law.