Position Summary
Assured Guaranty is seeking and experienced candidate to assist the director of financial planning with maintaining the company’s rating agency capital and corporate forecasting models. Successful candidates will have the opportunity to expand existing model frameworks and interact with employees throughout the company as part of Treasury’s financial and capital planning efforts.
Job Responsibilities
- The candidate will join the team operating the company’s corporate planning models, which cover two broad areas:
- Rating agency models for measuring capital requirements and related return-on-capital models.
- Financial forecast models for projecting the company’s P&L, balance sheet, cash flow, and liquidity position.
- The candidate will contribute to the department’s updates of these models, including a variety of subordinate tools and models. They will be responsible for the accuracy, integrity, and completeness of model inputs and support analysis and reporting of model results.
- The candidate will support efforts to forecast rating agency capital requirements, disaggregate and allocate capital, and evaluate the capital impact of various corporate initiatives and transactions.
- The candidate will analyze company and market information and data sources to enhance planning models.
- The candidate will assist the department in presenting capital and financial model results to senior management, board of directors, rating agencies and regulators.
Candidate Background & Qualifications
- Bachelor’s degree in economics, math, business or a quantitative science; post-graduate degree beneficial
- 5 years of related work experience
- Understanding of corporate finance and insurance accounting, GAAP, STAT
- Proficient at Excel with an understanding of its capabilities and limitations
- Ability to source, process, analyze, and integrate data sources into planning tools
- Strong communication skills, well organized, detail-oriented, self-directed and motivated
- General knowledge of bonds, credit and insurance markets, public and structured finance, and the financial guaranty industry
- Understanding of probability, simulation, correlation, conditional expectation beneficial
- Understanding of programming concepts or programming tools beneficial
Compensation
Annual base salary for the position is expected to be from $100,000 per year to $130,000 per year. The actual salary will depend on various factors, including but not limited to a candidate’s experience and credentials, salary expectations of applicable candidates, and other applicable market conditions. This position also provides applicable employee benefits, as well as eligibility for an annual discretionary bonus.
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What We Do
Assured Guaranty is the leading provider of financial guaranty insurance. We guarantee timely payment of scheduled principal and interest when due on municipal, public infrastructure and structured financings. Issuers use our financial guarantees to lower their cost of funds, broaden distribution and diversify funding sources. For more than three decades, our insurance subsidiaries have helped to lower the cost of borrowing for municipalities and other issuers across the United States by guaranteeing a wide range of tax-exempt and taxable, investment-grade, municipal bonds that are supported by either tax revenues or revenues from essential public projects or services. From schools to clean water, from transportation projects to hospitals and more, we help municipalities build sustainable public infrastructure and better serve their residents, including their underserved and at-risk communities. We are also active in the United Kingdom, Europe, Australia and other developed countries, where we guarantee public-private partnership, local authority and regulated utility financings. In structured finance, globally, we guarantee asset securitizations and craft custom applications of our guarantees to assist our institutional clients in managing their portfolio risk and capital. For investors, our value proposition includes not only the security of our unconditional, irrevocable guaranty but also our experienced credit selection, underwriting and surveillance. Our business model has proven its resilience through multiple business cycles, and we have demonstrated our commitment to maintaining the financial strength to protect our policyholders for the life of their insured investments. In addition, our subsidiary Assured Investment Management LLC provides alternative investment management and advisory services to institutional and other qualified investors through our investment arm and offers a variety of credit-focused strategies and structured finance solutions.
