Senior Investment Professional – Specialty Finance Structured Credit

As a team member in the Finance and Internal Audit department at Nationwide, the opportunities are endless! You can grow and learn in diverse areas across many disciplines such as Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, Critical Business Advisor and so much more. Let Nationwide help create your career journey! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

Please Note: This role is available for remote work within the United States for suitable candidates.

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Job Description Summary

Do you have the desire to grow a business and play a critical role in shaping business outcomes? Nationwide has been serving our members and driving business outcomes for almost 100 years. Our industry-leading workforce thrives in an agile work environment and a collaborative culture and delivers outstanding solutions and results. Our Investment and Risk professionals play a key role in transforming quantitative data analysis into meaningful insights that drive business results.

Nationwide Specialty Finance employs a research-driven, team-oriented, and results-focused approach to create and manage a wide array of innovative specialty finance solutions like collateral protection, residual value, and portfolio insurance. Structured credit plays a critical role in many of these solutions, and understanding, modeling and analyzing these in the context of the product is a critical to the evaluation and pricing of these insurance solutions.

As a Senior Investment Professional on our Specialty Finance team, you will be responsible for analyzing structured credit aspects of these solutions and how they drive risk and return of the specialty finance product. Collaborating with other structured finance and credit experts across the investment teams is an important part of the role. You will also work closely with external partners, and will play an integral part in establishing, maintaining and overseeing underwriting and operating manuals and guidelines.

Job Description

Key Responsibilities:   

• Drives analysis of innovative specialty finance products involving structured credit, establishing methodologies for evaluation of risk and return, bridging traditional asset-oriented approaches with product- focused views.  

• Identifies risk and return drivers, develops and models forward-looking scenarios, analyzes relative value, and provides recommendations for pricing of specialty finance products involving structured credit.

• Works with structured finance team to adapt existing tools, and develops and enhances new quantitative tools to support the analysis, monitoring and maintenance of products involving structured credit.  

• Leads fundamental analysis, financial engineering and risk model application(s) and/or implementation efforts related to surveillance and risk management.  

• Works with the Portfolio Risk Management Credit Risk Team, technology and business leads to adapt risk aggregation methodologies for specialty finance solutions involving structured products.  

• Leads transaction analysis involving structured credit including participants, collateral, borrower, structure, deal documents and relative value scenario analysis.

• Leads portfolio surveillance for products involving structured credit including identification of emerging investment risks, and development and implementation of successful risk mitigation actions.

• Develops and executes appropriate portfolio performance attribution analysis.

• Communicates analysis and recommendations through written reports, presentations, conversations and meetings with internal and external partners.

• Builds relationships with internal and external partners to evaluate new product opportunities and to develop and implement risk monitoring reporting.  

• Monitors, reviews and evaluates industry, economic, and regulatory trends that impact specialty finance products involving structured credit.  

• Contributes to enhancement of the team's overall approach to evaluating and managing specialty finance solution opportunitie