Supervisor, Securities Valuation Office

NAIC; New York (NY); Hybrid; USD 170,000 - 250,000; Full time

Job summary

NAIC's Securities Valuation Office is seeking a Supervisor, SVO in a full-time hybrid role based near New York. You will lead and mentor a team of credit analysts, review and approve research, and produce high-quality credit analyses for the Senior Credit Committee.

The ideal candidate has extensive experience in fundamental credit analysis, a advanced degree or CFA, and a track record of supervisory leadership. Residency within 100 miles of the NY office is required.

Qualifications

• Master's degree in Finance, MBA in Finance, or CFA required; 15+ years in credit analysis with 10+ years of fundamental credit analysis preferred.
• Prior supervisory experience is preferred and highly desirable.

Responsibilities

• Lead and mentor a team of credit analysts, setting workloads and performance goals.
• Review and approve analysis and credit reports for committee review.
• Perform independent credit and pricing analysis on assigned issuers across various sectors.
• Provide updates on major trends, productivity, and backlog to management.
• Support the Senior Credit Committee with research and recommendations.

Skills

Team leadership

Credit analysis

Financial analysis

Bloomberg

Excel

Office 365

Slack

Education

Master's degree in Finance

MBA in Finance

CFA

Tools

Bloomberg

Excel

Microsoft Office 365

Slack

Job description

Job Description: The Securities Valuation Office (SVO) of the National Association of Insurance Commissioners (NAIC) has an exciting opportunity for a Supervisor, SVO. This team member will lead and manage a team of credit analysts, supervising their overall workloads, performance, productivity, and analytic quality along with reviewing and approving analyst work, as well as performing their own analysis. This team member will serve as a primary analyst in an assigned area to perform credit/research analysis, with an expectation of providing well developed, credit and analytical expertise in the field of assignment.

This team member serves as a member of the Senior Credit Committee. This is a full-time hybrid position. Residency within 100 miles of the New York, New York office is required.

Responsibilities Include

• Manage a team of credit analysts in performing analytical functions.
• Work with Manager to assign responsibilities across the team.
• Monitor progress to ensure timely completion of all work.
• Assess backlog status and productivity measures for each month and manage team workflow.
• Provide updates of major trends in workflow, credit or types of securities submitted.
• Benchmark performance criteria, exceed minimum productivity goals, maintain analysis standards and meet timeliness goals.
• Provide mentoring and on-the-job training for credit analysis and all aspects of professional development.
• Align with the organization’s vision and inspire others to achieve it.
• Keep subordinates and superiors fully informed of activities, successes and concerns.
• Perform credit and pricing analysis of assigned sectors of corporate or municipal security issuers in a wide variety of industries to establish and document the appropriate credit risk designation and/or price.
• Prepare credit reports and make verbal presentations to the credit committee.
• Participate as a member of Senior Credit Committee, reviewing and approving the credit analysis work product across the group.
• Provide the necessary guidance/assistance/mentoring to others in their analyses, and identify and participate in internal and external professional development opportunities to broaden the team’s analytical skill set.
• Cultivate better understanding of state regulations and the needs of state regulators.
• Produce or review the team’s research covering important industry trends/issues in the portfolio that may be important to regulators.
• Respond to informational requests from a variety of sources, such as regulators, insurers, NRSROs, investment bankers and fellow analysts, etc.
• Keep the SVO Director and Manager informed of specific requests from Regulators/Insurance Departments and insurers.
• Actively participate on NAIC and department projects.

Management Responsibilities

• Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws.
• Under the guidance and supervision of the manager, responsibilities include interviewing, hiring, mentoring, coaching, motivating, training and development of employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
• Leverages staff in coordinating and assigning tasks to meet organizational needs.
• Reports staffing needs to upper management.

Minimum Education and/or Experience Required

Master's degree (M.A.), M.B.A. in Finance or equivalent and/or CFA. Related experience of 15+ years with at least 10+ years of fundamental credit analysis, and/or training or equivalent combination of education and experience.

Preferred Experience

Experience performing credit analysis at a Nationally Recognized Statistical Rating Organization (NRSRO or “credit rating agency”) Prior supervisory experience is preferred.

Systems & Technology Requirements

Microsoft Office Suite/365, Slack, Bloomberg and similar software. Advanced programming capabilities with these tools a significant plus.

Travel

This position requires regular, out-of-state, overnight travel in support of member meetings and events throughout the year. An ideal candidate must be able and willing to travel to locations throughout the United States and with such frequency as necessary to meet the needs of this position and the Association.

Compensation

$169,948 - $250,000, to be 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.

Equal Opportunity Employer

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.

Company Overview

The National Association of Insurance Commissioners (NAIC) is a member-focused, non-profit Association supporting state insurance commissioners, and their departments, to effectively regulate the insurance industry and protect consumers. Headquartered in Kansas City, New York, and Washington DC, our 150-year-old Association offers the coordination of expertise in policy and regulation among state departments, data and technology, financial regulatory support, training and education, and resources for ongoing collaboration among the states and jurisdictions.

Diversity Statement

Our member-driven Association supports the dynamic and diverse needs of state regulatory agencies and the consumers of insurance products and services. Through our ongoing commitment to Diversity, Equity, and Inclusion, we believe our employees provide a wide range of experience and expertise to generate better ideas and solve complex problems consumers and our members face as insurance products and regulations evolve over time.

Guiding Principles

• We put customers first
• We are committed to continuous improvement
• We succeed by working together
• We do what it takes to get the job done
• We communicate often
• We treat colleagues with respect and honesty