Allianz Trade Specialty Credit is seeking a Credit Associate / Underwriter, a position to be based in London, with experience in Corporate Finance &/or Structured Credit in order to work in the deployment and the steering of its credit portfolio, on an unfunded and funded basis. 

This team player will be part of a dedicated credit team, which has to identify, review & underwrite credit opportunities originated through Specialty Credit regional hubs located in London, New York, Singapore and Paris. This position will also play a key role in the construction and the effective management of Specialty Credit portfolio.

He/she will have experience as Credit Analyst, Portfolio Manager or Underwriter in Banks, Trade Credit Insurance, Export Credit Agencies/Multilaterals or in Single-risk Medium Term Credit Insurance Departments with preferably a focus on Sovereign Risk and/or Project Finance.

The ideal candidate should demonstrate a proactive approach to learning and adapting to new tools and technologies, especially Artificial Intelligence (AI) powered tools, showcasing a forward-thinking mindset that aligns with our vision for growth and progress.

The position is part of a 20-plus credit team will be located in London, United Kingdom and work in cooperation with an international global team.

Main responsibilities:

Support provided to origination team:

• Support the origination team to pre-screen and identify bankable projects, and to grow and develop new business transactions.
• Actively contribute to set-up and develop worldwide-insured portfolio of sovereign and private obligors (Corporates and Financial Institutions) mainly located in emerging markets with a particular focus on Export & Trade Finance or Project Finance transactions.

Review of credit transactions:

• Evaluate and monitor the credit risk associated with insurance cover inquiries.
• Conduct in-depth a sectorial, financial and legal risks analysis on the transaction and the related obligor in liaison with our country risk analysts and according to the tenor requested.
• For more complex transactions and structured finance (pre-export finance, aircraft financing, project finance and Reserve-Based lending...), conduct a critical assessment on the project and the financing scheme.
• Actively exchange with origination team on deals and participate to market meeting and/or calls on related transactions when relevant.
• Decide within a risk authority level according to seniority and/or submit to Credit Committee for large underwriting decisions.
• Implement underwriting principles in accordance with Allianz Trade risk governance.

Portfolio/Risk Management :

• Take active part to the management of existing “live” portfolio through appropriate risk monitoring, propose mitigation and implement if/when appropriate.
• Handle waiver requests, input into regular credit reviews.

What we are looking for:

Qualifications:

• University degree preferably at Masters level. Recognized financial analyst qualifications, would be advantageous.
• At least 3-5 year-experience (Internship / Apprenticeship included) in Structured Finance (preferably in Project Finance or Export Finance) or Trade Credit Insurance, Banking Industry, or/and Multilaterals or/and ECAs or/and in Single-risk Medium Term Credit Insurance Department, preferably with an exposure to Corporates & Trade Finance.  
• Strong analytical skills (corporate & financial, sectorial, ESG and political risk as well as transactional analysis) & exposure to corporates in a variety of sectors.
• Proficiency in reviewing and commenting on loan documentation (including complex legal structures).

Allianz Trade Specialty Credit is seeking a Credit Associate / Underwriter, a position to be based in London, with experience in Corporate Finance &/or Structured Credit in order to work in the deployment and the steering of its credit portfolio, on an unfunded and funded basis. 

This team player will be part of a dedicated credit team, which has to identify, review & underwrite credit opportunities originated through Specialty Credit regional hubs located in London, New York, Singapore and Paris. This position will also play a key role in the construction and the effective management of Specialty Credit portfolio.

He/she will have experience as Credit Analyst, Portfolio Manager or Underwriter in Banks, Trade Credit Insurance, Export Credit Agencies/Multilaterals or in Single-risk Medium Term Credit Insurance Departments with preferably a focus on Sovereign Risk and/or Project Finance.

The ideal candidate should demonstrate a proactive approach to learning and adapting to new tools and technologies, especially Artificial Intelligence (AI) powered tools, showcasing a forward-thinking mindset that aligns with our vision for growth and progress.

The position is part of a 20-plus credit team will be located in London, United Kingdom and work in cooperation with an international global team.

Main responsibilities:

Support provided to origination team:

• Support the origination team to pre-screen and identify bankable projects, and to grow and develop new business transactions.
• Actively contribute to set-up and develop worldwide-insured portfolio of sovereign and private obligors (Corporates and Financial Institutions) mainly located in emerging markets with a particular focus on Export & Trade Finance or Project Finance transactions.

Review of credit transactions:

• Evaluate and monitor the credit risk associated with insurance cover inquiries.
• Conduct in-depth a sectorial, financial and legal risks analysis on the transaction and the related obligor in liaison with our country risk analysts and according to the tenor requested.
• For more complex transactions and structured finance (pre-export finance, aircraft financing, project finance and Reserve-Based lending...), conduct a critical assessment on the project and the financing scheme.
• Actively exchange with origination team on deals and participate to market meeting and/or calls on related transactions when relevant.
• Decide within a risk authority level according to seniority and/or submit to Credit Committee for large underwriting decisions.
• Implement underwriting principles in accordance with Allianz Trade risk governance.

Portfolio/Risk Management :

• Take active part to the management of existing “live” portfolio through appropriate risk monitoring, propose mitigation and implement if/when appropriate.
• Handle waiver requests, input into regular credit reviews.

What we are looking for:

Qualifications:

• University degree preferably at Masters level. Recognized financial analyst qualifications, would be advantageous.
• At least 3-5 year-experience (Internship / Apprenticeship included) in Structured Finance (preferably in Project Finance or Export Finance) or Trade Credit Insurance, Banking Industry, or/and Multilaterals or/and ECAs or/and in Single-risk Medium Term Credit Insurance Department, preferably with an exposure to Corporates & Trade Finance.  
• Strong analytical skills (corporate & financial, sectorial, ESG and political risk as well as transactional analysis) & exposure to corporates in a variety of sectors.
• Proficiency in reviewing and commenting on loan documentation (including complex legal structures).

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