SCMT Credit Underwriter F/M

Specialty Credit Mid Term is a business division of Allianz Trade, the global leader in credit insurance. It offers political risk & credit insurance solutions to enable multinationals, corporates, banks and multilaterals to take advantage of attractive investment, financing and trade opportunities in international markets. The product wallet has been spreading into a wide range of customized insurance solutions to cover Export & Trade Finance, Infrastructure & Structured Finance (Structured Trade Finance, Project Finance, Asset Finance…). Summary Of The Role Allianz Trade Specialty Credit is seeking a Credit Associate / Underwriter 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 position is part of a 10-plus credit team and will be located in Paris, France. 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. Support in 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. Qualifications Requirements and skills 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). Preferred Skills Flexibility and ability to work under time constraints and in dynamic and entrepreneurial environment. Ability to work in a multicultural environment - Fluent in English. Good geopolitics culture including emerging markets. Experience in Project/Export Finance will be appreciated. Team spirit and keen to investigate new products/transactions. #Paris #France Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations. Join us. Let’s care for tomorrow. #J-18808-Ljbffr