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Senior Risk Underwriter Specialty Credit

Job Level:  Professional
Location: 

London, GB, E14 5DX

Available until:  10/12/2022
Area of Expertise:  Underwriting
Unit:  Allianz Trade
Employing Entity:  Euler Hermes Services S.A.S.
Job Type:  Full-Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  18436

 

Specialty Credit is a business division of Allianz Trade for Multinationals, the global leader in credit insurance. 
It offers political risk & credit insurance solutions to enable multinationals, corporates, banks and multilaterals to take advantage of attractive investment, financing and trade opportunities in international markets. The product wallet has been spreading into a wide range of customized insurance solutions to cover Export & Trade Finance, Infrastructure & Structured Finance (Structured Trade Finance, Project Finance, Asset Finance…). The expertise of Specialty Credit has expanded further in asset management, through Allianz Trade Investment Partners; the entity dedicated to Private Debt and Alternatives.


Role:
 

Allianz Trade Specialty Credit is seeking a Senior Risk Underwriter Specialty Credit with experience in Export Trade Finance &/or Structured Finance in order to work in the deployment and the steering of its credit portfolio, on an unfunded and funded basis.  
 
This team player will be part of a dedicated credit team, which has to identify, review & underwrite credit opportunities originated either through Specialty Credit regional hubs located in London, New York, Singapore and Paris, or through its private debt asset management entity. This position based in London, will also play a key role in the construction and the effective management of Specialty Credit & Investment Partners portfolio.

 

He/she will have a strong 5/10-year experience as Credit Expert in Banks, Trade Credit Insurance, Export Credit Agencies/Multilaterals or in Single-risk Medium Term Credit Insurance Departments with preferably a focus on Trade Finance and/or Project Finance.
The position is part of a 10-plus credit team.

 

Responsabilities:
 

•    Credit Expertise provider to origination team: 

     - Support the origination team to pre-screen and identify bankable projects, and to grow and develop new business transactions.

     - Actively contribute to set-up and develop worldwide-insured portfolio of sovereign and private obligors (Corporates and Financial Institutions) mainly located in emerging markets with a particular focus on Export & Trade Finance or Project Finance transactions.

•    Lead on credit due diligence: 

     - In full autonomy, evaluate and monitor the credit risk associated with loans and insurance cover inquiries.

     - Conduct in-depth sectorial, financial and legal risks analysis on the transaction and the related obligor in liaison with our country risk analysts and according to the maturity requested.

•    Portfolio/Risk Management :

     - Take active part to the management of existing “live” portfolio through appropriate risk monitoring, propose mitigants and implement if/when appropriate.

     - Handle waiver requests, input into regular credit reviews. 

•    Expertise Lead:

     - Take the lead in dedicated expertise within Specialty Credit, share knowledge and actively train the team.

     - Sharing of practice with the industry or product community. Initiate collaboration and share expertise as a subject matter expert, providing advice, peer review and contribution.

     - Participate in conferences, and undertake market analysis when relevant.


 

Requirements and skills:
 

•    Qualifications

     - University degree preferably at Bachelor or Master’s level. Recognized financial analyst qualifications, would be advantageous.

     - 5/10 year-experience in Trade Credit Insurance, Banking Industry, or/and Multilaterals or/and ECAs or/and in Single-risk Medium Term Credit Insurance Department, preferably with an exposure to Corporates & Trade Finance.   

     - Strong analytical skills (corporate & financial, sectorial, ESG and political risk as well as transactional analysis) & exposure to corporates in a variety of sectors.

     - Ability to build advised credit conviction and make credit decisions.

     - Proficiency in reviewing and commenting on loan documentation (including complex legal structures).

•    Preferred skills

     - Flexibility and ability to work under time constraints and in dynamic and entrepreneurial environment. 

     - Ability to work in a multicultural environment - Fluent in English. 

     - Good geopolitical culture including emerging markets.

     - Team spirit and keen to investigate new products/transactions.