Location: New York,NY, USA
Position Summary
Assured Guaranty is seeking an Associate to join the U.S. Public Finance Surveillance team. This employee will be responsible for collection, organization and analysis of data from various sources to monitor a large portfolio of U.S. Public Finance credits primarily in the municipal utility sector (resource recovery, water/sewer, gas/electric utilities and public power agency credits) with some potential exposure to other sectors on an as needed basis.
Primary Responsibilities
* Complete analysis and, where appropriate, prepare written reviews of credits in the assigned sectors adhering to a review schedule
* Develop and maintain understanding of the key risk attributes of the assigned portfolios
* Monitor credit quality and trends with respect to individual risks and the assigned portfolio as a whole
* Perform analysis on ad hoc basis for reports to senior management and the Board as well as in conjunction with special projects
* Assist in the preparation of material (including charts and graphs) for presentation of sector reviews
* Coordinate actions with other departments as necessary, including Underwriting, Legal, Credit Workout/Remediation or Reinsurance
* Process amendment, waiver and consent requests, and interact with obligors, bankers, rating agencies, advisors or others, as required
* Effectively manage client and other external relationships
Candidate Background
* Bachelor's degree, preferably in accounting, finance, economics, public administration, or business
* 3-5 years' experience in relevant area preferred (rating agency, government, accounting, economics or business)
* Team player with ability to multi-task several projects at a time
* Ability to analyze and project cash flows
* Strong written and oral communication skills with ability to effectively convey information clearly and concisely
* Strong organizational skills and detail oriented
* Excellent time management skills, with willingness to work additional hours when needed
* Self-starter with the ability learn quickly and retain information or processes who can operate with limited supervision
* Ability to use various external apps (including Microsoft 365: Excel, PowerPoint and Word), navigate internal IT systems, and conduct research through various information sources (e.g., Google, Bloomberg, EMMA)
Compensation
Annual base salary for the position is expected to be from $100,000 - $115,000annually. The actual salary will depend on various factors, including but not limited to, a candidate's experience and credentials, salary expectations of applicable candidates, and other applicable market conditions. This position also provides applicable employee benefits, as well as eligibility for an annual discretionary bonus.