Senior Trade Finance Underwriter

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Trade Finance Underwriter to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

Make your mark in UnderwritingAIG Underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, and Multinational Clients. We are reimagining how we help customers to manage risk, transforming our operating model and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague – empowering our people to grow as insurance professionals and add more value to our customers and AIG.How

you will create an impact

Perform credit analysis, and recommending and/or approving appropriate credit limits and terms

Analyze trade life cycle/ working capital needs in relation to buyers and seller risks in trade transactions

Complete insurance quotations and transaction summaries/ credit memoranda for internal stakeholders

Liaise closely with other insurance risk and credit underwriters and credit committees to obtain appropriate approvals and validate structures

Take ownership of transactional due diligence, structuring and commercial underwriting of trade transactions from origination to execution including analyzing structural risks and mitigants, eligibility criteria, sizing credit reserves/deductibles, modelling and premium setting

Escalate key issues or concerns in succinct clear manner to managers

Assist with negotiations of policy, trade and funding documentation to protect AIG’s interests and meet client requirements and liaise with legal on same Liaise with relevant AIG business departments (tax, accounting, compliance, onboarding, legal, new product development, vendor/ business partner onboarding, operations) on transactions

Take ownership of the monitoring of live trade transactions including structural changes, endorsements and renewals particularly on credit analysis and changes

Ensure policies and risks remain compliant with AIG underwriting guidelines, processes and procedures

Liaise closely with onboarding teams where corporates or funders are onboarded into AIG structures

Strategic product development and communications:

Support to identify and develop client-focused products and strategies for variety of clients (banks, alternative funders and other financiers) including cross-sell opportunities

Support origination strategies and engage with prospects & brokers including managing certain client relationships

Engage with and support sales initiatives and development of communications for brokers, banks, and other distribution stakeholders

Engage in Broker / Client meetings as often as possible to ensure local market presence

Prepare succinct summaries, business plans, models and high level data on financials and business growth for onwards distribution to manager and AIG senior management and investors (including presentations to key stakeholders)
Training and processes:

Assist to enhance trade transaction related processes

Attend and where relevant deliver training to local and global colleagues on trade products

What you'll need to succeed

Bachelor’s or higher degree in finance or accounting

Mid-level experience in trade credit or risk team or related experience in the banking and finance industry

Proven ability to distil accounts, financial and written information

Transactional experience in trade finance deals including broad spectrum of trade products (receivables, confirmed payables, supply chain finance, guarantees, letters of credit, trade loans etc.)Experience with new business generation

Strong communication skills, written and oral,…