Position Summary
To originate and execute a broad array of transactions, both in the primary and secondary markets across the UK Infrastructure sector and for leading small deal teams through to completion; to lead transaction negotiations with sponsors, external advisors and funding partners and to present credit proposals to underwriting and credit committees.
Job Responsibilities
- Originate new business through relationships with counterparties in line with wider origination strategy of the AGUK Business.
- Maintain / Seek out new relationships with project sponsors, bankers, advisers and investors.
- Monitor market and proactively identify new opportunities through conferences, networking events and client relationships.
- Decision making responsibilities on whether to pursue a new potential transaction, by understanding and considering guidelines set under our Risk Appetite Statement and Pricing models
- Overall responsibility for progressing a transaction: both internally in terms of overseeing relevant memos, discussion forum and ultimately presentation to AGUK’s Credit Committee and externally negotiating transaction with external counterparties.
- Expected to work closely with key internal deal stakeholders, Credit, Legal and Regulatory colleagues to ensure a transaction is progressed in line with Risk Appetite Framework and related guidelines.
- Ensure handover of a transaction to the Surveillance team in accordance with the prescribed procedures.
- Manage junior team day-to-day activities and their personal development plans.
Candidate Background & Qualifications
- Strong work experience with a track record of closing deals in the UK project finance market and across a broad range of sectors
- Strong client relationships across the UK market covering sponsors, financial advisors and other related stakeholders
- Strong academic credentials
- Excellent credit skills, strong technical and commercial acumen, with a deep understanding of debt structuring
- First-rate communicator, able to negotiate and influence an internal and external audience to market, originate and bring deals to a successful conclusion in a timely manner
- Strong experience of preparing and presenting credit papers to underwriting and credit committees
Skills Required
- Proven track record of closing deals in the UK project finance market across multiple sectors
- Established client relationships with sponsors, financial advisors and market stakeholders in the UK
- Strong academic credentials
- Excellent credit skills with strong technical and commercial acumen and deep understanding of debt structuring
- First-rate communication, negotiation and influencing skills with internal and external audiences
- Experience preparing and presenting credit papers to underwriting and credit committees
- Experience managing junior team members and overseeing their day-to-day activities and development
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.
