Senior Credit Analyst & Sensitive Risk Manager

Allianz Trade in North America; Baltimore (MD); On-site; USD 105,000 - 115,000; Full time

Benefits offered by this job

Competitive compensation

Bonus/commission opportunities

401(k) match up to 6%

Flexible schedules

Health benefits

Paid time off

Tuition reimbursement

Family care resources

Job summary

Allianz Trade in North America seeks a Credit Analyst and SRM expert to manage a profitable buyer portfolio and perform rigorous credit analysis. You will gather information via visits and interviews, monitor high-risk accounts, and grant informed recommendations within authority boundaries.

You will create industry outlooks, support with underwriting requirements, and drive risk-monitoring plans while communicating with sales and underwriting teams.

Qualifications

• Bachelor's degree in business administration, economics or finance.
• 4-7 years’ experience in financial management in banking, credit insurance brokerage or a credit insurance environment.
• Proficiency with Microsoft Word and Excel.
• Strong understanding of financial statements and analytical skills.
• Excellent written and interpersonal communication.
• Computer literate with MS Word/Excel.
• Bilingual preferred.
• Credit knowledge with high-volume risk analysis and underwriting.
• Market knowledge of the local economy and relevant sectors.
• Experience in buyer assessment.

Responsibilities

• Manage a profitable portfolio of business and perform financial and credit analysis.
• Conduct buyer visits or telephone interviews to obtain critical information.
• Monitor high-risk buyers and solicit proprietary information for the EHNA database.
• Provide consistent buyer grading and advise when outside authority.
• Coordinate with Sales Agents and Underwriters on underwriting needs.
• Create industry sector outlooks to identify market trends.
• Report to the head of SRU and execute risk monitoring plans.
• Identify deteriorating risk early and propose mitigation strategies.
• Communicate risk strategies to buyers and policyholders.

Skills

Financial analysis

Analytical skills

Written communication

Interpersonal skills

Credit knowledge

Buyer assessment

Education

Bachelor's degree in Business Administration, Economics or Finance

MBA preferred

Tools

Microsoft Word

Microsoft Excel

Financial software

Job description

• Bilingual preferred.

The Credit Analyst and sensitive Risk Manager proactively manages a portfolio of buyers by gathering the appropriate level of information and assessing buyers according to defined targets (manual grading).

Key Responsibilities And Job Duties

• Manage a profitable portfolio of business within the parameters agreed upon with the Regional Director of Information and grading, utilizing sound credit analysis techniques. Perform financial and credit analysis to determine the appropriate credit rating of the company being analyzed.
• Conduct buyer visits or telephone interviews to obtain critical information for the monitoring of the buyer's portfolio.
• Monitor high-risk buyers and solicit proprietary information for the EHNA database by establishing a rapport and maintaining contact with Finance Directors and treasurers, through visits and telephone and written correspondence.
• Utilize all information available to arrive at consistent grading of buyers within authority and make detailed recommendations to the Manager and/or Regional Director when outside authority.
• Communicate with Sales Agents and Commercial Underwriters and/or customers to underwriting requirements regarding industry outlooks and target markets.
• Responsible for the creation of industry sector outlooks (from both public and proprietary information) to determine underlying market trends.
• Reporting to the head of SRU, the SRM expert is senior in their role and responsible for the following:
• Devise and execute in a rigorous manner the risk monitoring plan (review dates, actions follow-up, updates…), taking care of periodic spot-on and accurate reports to internal and external stakeholders and undertaking necessary follow-up actions and their execution.
• Monitoring, alerting, and making proposals to improve the earliest possible identification of deteriorating risk or buyers at risk of default.
• Recommending the appropriate risk underwriting strategy on a specific buyer to minimize default but optimize customer satisfaction.
• On a case-by-case basis, identify and apply the best possible risk reduction and mitigation strategy.
• Undertaking efficient and swift communications with both buyers and policyholders to ensure consistency of the message in support of the identified risk strategy.

Required Qualifications And Skills

• Bachelor's degree in business administration, Economics or Finance, MBA preferred.
• 4-7 years’ experience in financial management experience in banking, credit insurance brokerage or a credit insurance environment.
• Excellent computer skills, with an understanding of financial software and spreadsheet packages.
• Excellent understanding of Financial Statements. Excellent analytical skills. Interpersonal skills in high-level business meetings, both internally and externally.
• Exceptional written communication skills.
• Computer literate and familiar with Microsoft Word and Excel.
• Effective at time management.
• Bilingual preferred.
• Credit knowledge and experience with high volume risk analysis and underwriting.
• Market knowledge of the local economic environment.
• Expertise on a particular region and/or trade sector.
• Strong skills in financial analysis; very good knowledge of Finance and Credit Management.
• Expertise and experience in buyer assessment.

Total Compensation Range

$105,000-$115,000

Placement within the range provided above is based on the individual’s relevant experience, skills for the role, and location. Salary ranges are only one component of our total compensation package.

Benefits

We value your goals and needs, at work and in life. As an associate, you’ll be supported with resources, benefits, and work-life balance so you can thrive in ways that matter to you.

Featured Employee Benefits To Enrich Your Life

• Competitive compensation
• Annual bonus eligibility and/or commission structure opportunities
• 401(k) discretionary match of up to 6%
• Flexible work schedules
• Health and wellness benefits
• Paid time off for vacation, illness, Birthday Day Off and Volunteer Day Off
• Tuition Reimbursement
• Family care resources, including fertility and adoption benefits

Learn More About Our Benefits Here

https://rcmd-connect.com/allianztrade/

Our policies may change as our working lives evolve. Yet, our commitment to supporting our associates’ well-being and addressing the needs of our clients, business, and communities is unwavering.

Commitment to Diversity, Equity, and Inclusion

We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love, or what you believe in. We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

Note: Diversity of minds is an integral part of Allianz’ company culture. One means to achieve diverse teams is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company encourages its employees to have motivation in gaining varied skills from different positions and to collect experiences from across Allianz Group.