drjobs Senior Trade Finance Underwriter Regional Lead

Senior Trade Finance Underwriter Regional Lead

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1 Vacancy
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Job Location drjobs

Chicago, IL - USA

Monthly Salary drjobs

$ 120000 - 150000

Vacancy

1 Vacancy

Job Description

Make your mark in Trade Finance Underwriting

AIG underwriting teams help to find insurance solutions in areas including Financial Lines Property Casualty Specialty Lines Cyber Multinational Clients and High Net Worth individuals. 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.

Senior Trade Finance Underwriter & Regional Lead

To provide specialized resource in structuring and underwriting trade transactions to enable fast but selective growth to further develop global supply chain finance and trade finance existing businesses and also to develop new products.

Reporting structure

Direct report to Global Head of Open Account & Documentary Trade Finance

How you will create an impact

Transactional

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

  • Analyse 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 analysing 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 AIGs 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-focussed 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 youll need to succeed

  • Bachelors 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 presentations

  • Organisational skills and project management

  • Ability to manage time pressure deadlines and competing tasks/ prioritise

  • Ability to handle a varied workload in a diverse and growing portfolio.

  • Proven decision making skills

  • Interpersonal skills - team player with internal and external stakeholders/ clients

  • Languages helpful ability to engage with diverse global teams

  • Willingness to travel

  • Independent able to multi-task and possess initiative to work in a fast-paced global environment

  • Business acumen

  • Ability to work in a changing environment

Technical skills & knowledge

  • Expertise in Excel PowerPoint Word

  • Basic transactional modelling and forecasting

  • Competent in IT packages and institutional systems

For positions based in New York City NY the base salary range is $105000-$148000 and for positions based in Illinois the base salary range is $120000-$150000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. A summary of benefits can be viewed here:2025 Benefits Summary .

#LI-HB1

At AIG we value in-person collaboration as a vital part of our culture which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive connected environment for our team and clients alike.

Enjoy benefits that take care of what matters

At AIG our people are our greatest asset. We know how important it is to protect and invest in whats most important to you. That is why we created our Total Rewards Program a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health wellbeing and financial securityas well as your professional developmentto bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the worlds most far-reaching property casualty networks. It is an exciting time to join us across our operations we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG you can go further to support individuals businesses and communities helping them to manage risk respond to times of uncertainty and discover new potential. We invest in our largest asset our people through continuous learning and development in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion

Were committed to creating a culture that truly respects and celebrates each others talents backgrounds cultures opinions and goals. We foster a culture of inclusion and belonging through learning cultural awareness activities and Employee Resource Groups (ERGs). With global chapters ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIGs greatest assets and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race color religion age gender gender expression national origin veteran status disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation please send an email to .

UW - Underwriting

National Union Fire Insurance Company of Pittsburgh Pa.


Required Experience:

Senior IC

Employment Type

Full-Time

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