Description

Locations:Armonk, NY, US |New York, NY, US

Are you ready to become an integral part of specialized team responsible for oversight of the Swiss Re Group's corporate sector credit risk accumulations? You will be working within the Credit Risk Management (CRM) unit of the Solvency & Financial Risk Management (SFRM) department.

About the Role

Bring the passion to contribute to the success of Swiss Re by identifying risks worth taking while steering away from risks that could destabilize the Group. Furthermore, the role will bring an independent, broad, and long-term perspective to protect Swiss Re's reputation and financial strength.

Responsibilities include:

• Wide range of credit analytical and risk management activities associated with the Swiss Re's risk taking to corporate entities, focusing on key credit metrics from both a single obligor as well as portfolio perspective.
• Quantitative and qualitative risk assessment involving the corporate sectors will form the basis of internal credit ratings, risk limits, and credit risk management strategy.
• Contribute to the creation of analytical and risk management tools to enhance the team's efficiency and value add.
• Participate in specific team and cross-functional projects, and Swiss Re senior management reports.
• Coordinate with other Group functions such as Underwriting, Asset Management, and IT to promote prudent risk taking and maintain Swiss Re's financial stability.

About the Team

Credit risks are prevalent across the Swiss Re Group, including investment strategies of Asset Management, underwriting activities in Credit & Surety (reinsurance and direct commercial insurance), credit counterparty risks embedded in any type of structured transactions, as well as through corporate finance activities (custodial, banking, and derivatives counterparties).

The CRM Corporates team identifies, measures, monitors, and controls credit default and migration risk on corporate counterparties and ensures that Swiss Re's credit risk profile is transparent to management and appropriate relative to its risk appetite. Team members are based in Zurich and Bangalore and work in a synchronized manner.

About You

We are looking for YOU - Strong self-motivator with excellent organizational and interpersonal skills, and the capacity to balance competing objectives and deliver results. You have the tenacity to stand up, exhibit pragmatism, sound judgment, operate efficiently - all with passion and a lot of fun with great teammates! Moreover, you need:

• Solid academic track record with a degree in economics, mathematics, or finance. Professional designation such as CFA or FRM is a plus.
• 5+ years' experience in a credit analytical or credit risk management role is required, with thorough understanding of the corporate sectors. Knowledge of capital markets and credit-related products is a plus.
• Excellent IT technical skills with exposure to data analysis in MS Excel and VBA as well as R and Power BI.
• Excellent written and spoken English. Additional language proficiency is useful.
• Courage to speak up, demonstrate pragmatism, and firm judgment.
• Co-operative team-player with solid communication and interpersonal skills.

For New York, the base salary range for this position is between $92,000 to $150,000. The specific salary offered for this, or any given role will take into account a number of factors including but not limited to job location, scope of role, qualifications, complexity/specialization/scarcity of talent, experience, education, and employer budget. At Swiss Re, we take a "total compensation approach" when making compensation decisions. This means that we consider all components of compensation in their totality (such as base pay, short-and long-term incentives, and benefits offered), in setting individual compensation. In addition to your base salary, you may be eligible for additional rewards and benefits including an attractive performance-based bonus. Swiss Re has a hybrid work model where the expectation is that you will be in the office three days per week.

About Swiss Re

Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

Keywords:
Reference Code: 135767

Open ZRH-23-13514-P6_Job_Advertisement_Benefits_USA_970x485 (002)_LessSpace in overlay

Make an impact

Start your career journey with Swiss Re.