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.
This is a G band investments role.
This role does not qualify for employer-sponsored work authorization. Nationwide does not participate in the Stem OPT Extension program.
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 insurance solutions like collateral protection, residual value, and portfolio insurance. Credit Research is a critical part of evaluating and pricing these insurance solutions.
As an Investment Professional on our Specialty Finance team, you will be responsible for assisting in identifying and analyzing credit risk aspects of these solutions and working with the team to structure these well. Collaborating with credit experts across the investment teams is an important part of the role. You will also work closely with external partners, and will play a part in establishing, maintaining, and overseeing underwriting and operating manuals and guidelines.
Job Description
Drives credit analysis for innovative specialty finance solutions, 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 credit aspects of specialty finance solution products.
Communicates analysis and recommendations through written reports, presentations, conversations, and meetings with internal and external partners.
Contributes to the establishmentand implementation of arisk appetite, budget, and limit framework for specialty finance solutions, leveraging and appropriately adjusting existing frameworks.
Interfaces with accounting, legal, regulatory,and rating agency teams to structure specialty finance products in an effective and efficient manner.
Monitors, reviews,and evaluates industry, economic, and regulatory trends that impact specialty financeproducts.
Contributes to enhancement of the team's overall approach to evaluating and managing specialty finance opportunities, including evaluation framework, underwriting guidelines, and ongoing management.
May perform other responsibilities as assigned.
Reporting Relationships: Reports to Credit Team Lead -Specialty Finance.
Typical Skills and Experiences:
Education: Bachelor’s Degree; MBA, MS or MA in business administration, economics, finance, or CFA preferred.
Experience: 4-8 years of related investment experience.
Knowledge, Abilities and Skills:
Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner.
Values: Regularly and consistently demonstrates Nationwide Values.
Overtime Eligibility: Not Eligible (Exempt)
Working Conditions: Normal office environment. Some travel may be required.
ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.
Credit Check: Due to the fiduciary accountabilities within this job, a valid credit check and/or background check will be required as part of the selection process.
Benefits
We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.
Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.
