Director - Credit Risk AnalyticsWho we areAmerican International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.Get to know the businessCorporate operations provide a wide range of services to the organization such as finance, internal audit, communications, security, enterprise risk management and human resources.About the roleWhat you need to know:Based in New York, the successful candidate will lead a select group of credit quants and assume hands-on leadership responsibility participating in design of department strategy and overseeing implementation in a global team setting.The scope of products covered spans all traditional capital markets credit instruments (corporate, sovereign, sub-sovereign/municipal bonds, bank loans and CDS, CLN, CLO's, RMBS, CMBS, RML, CML, ABS, CDO) as well as business activities resulting in credit risk originating within the General Insurance and Global Capital Markets businesses. Reporting to the Head of Credit Risk Analytics, you will coordinate and partner with our Shanghai Credit Risk Analytics team to support the firm's Credit Risk Officers in developing quantitative risk analytics as well as providing analytic support for management decisions. Key stake holders include ERM's Investment and Credit Risk Management teams, AIG Investments Portfolio Management team, General Insurance product underwriters, Finance, and Senior Corporate Leaders.This is a great opportunity for a hands-on talent ready to take on the next level of challenge to broaden expertise across asset classes, develop leadership and communication skills, and enjoy the benefits of working for a leading insurance company with major business activities throughout the world.You will be expected to have working level understanding of a broad range of credit and structured products with strong hands-on experience in data analytics and quantitative modeling. We recognize aptitude to learn as a compensating factor where asset knowledge may be lacking. Strong programming skill and comfort working with data query and large data sets are essential for this role. In-depth understanding of portfolio risk and working experience with Monte Carlo simulations are important. You must be a hands-on quant, a good communicator capable of providing thought leadership with the ability to influence discussions with other senior professionals across the enterprise.Activities and responsibilities of the group include all aspects of credit risk analytics and model development and continuing risk management capability improvements, including:* Develop and implement a capital attribution framework that allows consistent risk capital allocation from portfolio to single security level that is transparent and understandable to stake holders.* Develop an early warning signal system and monitoring dashboard.* Improve credit capital modeling capability to capture all firm's credit exposures both from investment activities as well as insurance credit exposures.* Develop stochastic scenario generators for key risk drivers for the firm's structured products exposures.* Provide analytic support to provide insights related to risk charges and return on risk for products and unusual transactions.* Coordinate execution of stress test, reverse stress test, risk charge and other enterprise initiatives.* Partner with infrastructure team for production implementation.What we're looking for:* PhD in a quantitative field;* 7+ years working experience in the capital markets in the area of fixed income investment with at least 5 years focused in credit and/or structured products in the area of risk management, valuation, or desk strategist.* Hands-on experiences with some of the following platforms are desirable but not necessary: Moody's Analytics' Risk Frontier, Bloomberg, Polypath, Intex, Trepp/Compass/PPR major. Hands-on with database query is a must and comfortable with at least one major programming language, preferably including Python.* Experience with econometric modeling a plus.* Some understanding of statistical learning methodologies or deep learning methodologies would be helpful. Good understanding of statistics is essential.* Good communicator, energetic, team player and capable of motivating and building consensus.* Comfortable communicating with front-office and senior managers.* Familiarity with basic investment accounting desirable but not essential.It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.Functional Area:RK - RiskEstimated Travel Percentage (%): No TravelRelocation Provided: NoAIG Employee Services, Inc.

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