Associate Credit Officer
Individual will:
* Attend AIG Investments credit committee meetings as the ERM representative. Provide senior members of credit team analysis and assessment of risk in proposed deals.
* Assist in the initial assignment of internal credit rating assignments, and subsequent updates. Part of this responsibility will include fundamental credit analysis/assessment (e.g. financials, some projection modeling) on the larger and/or higher risk obligors within the portfolios of responsibility.
* Generate and produce industry/sector credit research within the municipal sector (i.e. unemployment rates, tax revenue analysis) and the structured products/real estate universe (i.e. housing prices, macroeconomic indicators).
* Partner with the credit operations team in producing an early warning reporting system on the exposures below a stated threshold amount.
* Develop a work process that allows ERM oversight of individual ratings set by the business lines to determine adequacy and any credit driven changes.
* Acting as liaison with AIG Property/Casualty credit analysts to satisfactorily resolve any situations where there are discrepancies between AIG Investments ERM view and their view on particular obligors as well as when there is a hand-off of internal risk rating responsibility to AIG Investments.
* Over time, assume primary credit responsibility for an asset class/portfolio which includes being the main contact for AIG Investments and Investments ERM senior credit officers on issues related to that particular asset class/portfolio
* 5-7 years credit experience in financial services, asset management, private equity/real estate and/or insurance with experience with controls, risk management and/or operations in a trading environment.
* Solid credit risk management experience with an emphasis in the structured products, real estate, corporate and/or municipal sectors.
* Strong track record of sound decision making and use of delegated credit authority.
* High degree of credit analysis, underwriting, and due diligence skills.
* Knowledge of and experience with Fixed Income products across bonds and loans.
* BA or BS required. Graduate degree or professional certification (CFA) would be a plus.
* Able to simplify difficult concepts and challenges by thinking analytically about component parts.
* Demonstrates sound commercial sense and risk judgment.
* Excellent verbal and written communication skills.
* Proficient in Excel, PowerPoint, SharePoint, Word
About AIG
American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States.
AIG Property Casualty is a global market leader, one of the few truly global property casualty franchises.
AIG Life and Retirement is one of the largest life insurance organizations in the U.S., and provides protection, investment and income solutions needed for financial and retirement security.
United Guaranty Corporation is the marketplace leader in mortgage insurance in the U.S.
Additional information about AIG can be found at www.aig.com | YouTube: www.youtube.com/aig | Twitter: @AIG_LatestNews | LinkedIn: www.linkedin.com/company/aig
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