This job description is intended to describe the general requirements for the position. It is not a complete statement of duties, responsibilities or requirements of the role. Other duties not listed here may be assigned as necessary to ensure the proper operations of the department and the business.
VP, Repo and Risk Transformation, US Private Financing
Purpose of Role:
As a key member of the US Repo & Risk Transformation team within US Private Financing, the holder of the role will help to drive the growth of the risk transformation business in the US focusing on credit solutions for banks, insurers and funds
The position will be based in Stamford, CT
What does this role holder do?
- Originate and structure credit solutions for banks, insurers and funds in the US across a variety of financing and capital relief products
- Product focus on financial guarantees, CDS, insurance wrapped financing and single asset securitisation/repackaging
- Develop trade ideas, marketing materials and termsheets for deal pitching, origination and distribution.
- Lead transaction management workflows including client onboarding, documentation negotiation, risk analysis, and internal approval processes
- Build and maintain relationships with external and internal stakeholders including colleagues in the UK
- Support and maintain a robust risk control environment
- Undertake periodic business-related projects to assist in the analysis and development of the business
- Support the wider Repo & Risk Transformation team where required to deliver the objectives of the business
What are the skills, knowledge and experience needed to do the role?
The successful candidate will have credit structuring or risk management experience in the US on the sell side or buy side or have gained experience at the intersection of banking and insurance markets at a broker or underwriter.
Skills Required
- 4-6 years’ experience in credit structuring or risk management on the structured credit desk of a bank, fund or insurer/insurance broker.
- Knowledge of ISDA/CDS, GMSLA/MSLA, GMRA/MRA master agreements, financial guarantees, credit insurance, lending agreements, repack vehicles etc
- Client facing with experience engaging with banks, insurers and fund clients in the US
- In depth knowledge of US bank and insurer capital rules is a plus
- Strong financial modelling skills
- Strong communication skills; excellent writing and presentation skills
- Solid understanding of the macro-economic and financial influences affecting the FIG sector
- High proficiency in MS Office suite – Excel and PowerPoint in particular
- Must possess FINRA Series 7 and 63 licences, or be willing to obtain them upon hiring
The expected base annual salary range for this position is $175,000 - $250,000 at the start of employment. This is not a guarantee of compensation. The exact compensation is determined on an individualized basis and may vary based on skills, experience, training licensure, certifications and location. In addition to base salary, our total rewards package also includes eligibility for an annual discretionary bonus; medical, dental, and vision plans; life and disability insurance; employee wellness programs; retirement and savings plan with potential employer contributions; generous paid time off policy, parental leave and tuition reimbursement.
It is the policy of NatWest Markets Securities Inc. and its parent, affiliates and/or subsidiaries to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, sex, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status, marital or domestic partner status, or any other category protected by federal, state and/or local laws. "Know Your Rights"
Hours
40Job Posting Closing Date:
Job Posting Closing Date is not yet published.
What We Do
We’re a business that understands when our customers and people succeed, our communities succeed, and our economy thrives. As part of our purpose, we’re looking at how we can drive change for our communities in enterprise, learning and climate. As one of the leading supporters of UK business, we’re prioritising enterprise as a force of change. We’re focusing on the people and communities who have traditionally faced the highest barriers to entry and figuring out ways to remove these. Learning is also key to our continued growth as a company in an ever changing and increasingly digital world. By setting a dynamic and leading learning culture, our people prosper, and our customers are given the tools to continue to improve their financial capability and confidence. One of the biggest challenges we all face in our future is climate change. That’s why we’ve put it right at the core of our purpose. We want to champion climate solutions with financing and entrepreneurial support, fully embed climate into our culture and decision making, and be climate positive by 2025. We’re committed to using our purpose to break down barriers, drive change and ultimately create a great place to work.
