Vice President, Credit Lines Risk ManagementThe Vice President (VP), Credit Lines Risk Management supports the Chief Risk Officer in all aspects of Credit Lines Risk Management. The role also supports the Underwriting Team by providing enhanced analytics, surveillance, and market knowledge specific to the Credit Lines of business. The VP Credit Lines Risk Management also serves as Credit Officer for the Company.Responsibilities will include but are not limited to:• Assume the responsibilities of Credit Officer for the Company and manage Credit Lines reporting to the Parent Company. • Support the Chief Risk Officer in enhancing the Credit Lines Risk Management Framework. • Support the maintenance of the Company’s Risk Appetite, Tolerance and Limit Policy by ensuring that the underwriting decisions are in line with the defined risk appetite statement for Credit Lines. Prepare and present recommendations to the Validus Re Risk Management Committee. • Provide analysis, modeling, account pricing and underwriting recommendations, as applicable to the Company’s Credit Lines team. These lines of business primarily include Mortgage, Structured Credit, Trade Credit, Political Risk, and Surety; • Liaise with Underwriters and Actuaries to build, enhance, and maintain proprietary models and risk systems used in the management of the Credit Lines portfolio. • Responsible for exposure aggregation, monitoring and reporting for Credit Lines. • Use third party vendor models to analyze deals, challenge model results and help stakeholders better understand the risk profile of these lines of business. • Coordinate with the asset management team to understand Credit exposures on the asset side in order to better understand and manage accumulation from both asset and liability sides of the balance sheet. • Actively engage with Underwriting to support the process of identifying and analyzing exposures to new asset and liability classes for Credit Lines. • Keep abreast with recent market developments and pro-actively act to mitigate their impact to the Credit Lines portfolio as well as identifying potential opportunities for the Company. • Other duties as required. The successful candidate will meet the following requirements:• University degree in science, engineering, actuarial, mathematics or economics • CFA/MBA or advanced degree with a focus on Financial Engineering preferred; • At least five years of experience in Fixed Income Investment analysis with a focus on credit and structured products; • Extensive experience in the re/insurance industry as evidenced by a minimum of 7 years of relevant experience; experience in Mortgage desirable; • Quantitative skills with experience in building financial models and scenario analyses; • Excellent mathematical, statistical and problem-solving skills along with superior data management skills; • Strong computer skills including advanced knowledge of Excel and SQL; • Proven organizational and timekeeping skills and a strong sense of attention to details are essential; • Excellent verbal and written communication skills i.e. a thorough command of the English language including excellent spelling, grammar and punctuation; • The ability to deal effectively and courteously with clients and colleagues, and to exercise discretion and confidentiality in all matters; • Must be able to work outside of normal office hours including evenings, weekends and public holidays if necessary.If your experience and ambition match the above criteria, please send your resume, and cover letter highlighting your experience as relevant to the role to: hrbermuda@validusre.bmPlease note, you will only be contacted if you are shortlisted for an interview.All applications must be received by close of business on ENTER CLOSING DATE 2023For additional information visit our website: https://www.aig.com/home/risk-solutions/aig-re/validus-reVice President, Credit Lines Risk ManagementThe Vice President (VP), Credit Lines Risk Management supports the Chief Risk Officer in all aspects of Credit Lines Risk Management. The role also supports the Underwriting Team by providing enhanced analytics, surveillance, and market knowledge specific to the Credit Lines of business. The VP Credit Lines Risk Management also serves as Credit Officer for the Company.Responsibilities will include but are not limited to:• Assume the responsibilities of Credit Officer for the Company and manage Credit Lines reporting to the Parent Company. • Support the Chief Risk Officer in enhancing the Credit Lines Risk Management Framework. • Support the maintenance of the Company’s Risk Appetite, Tolerance and Limit Policy by ensuring that the underwriting decisions are in line with the defined risk appetite statement for Credit Lines. Prepare and present recommendations to the Validus Re Risk Management Committee. • Provide analysis, modeling, account pricing and underwriting recommendations, as applicable to the Company’s Credit Lines team. These lines of business primarily include Mortgage, Structured Credit, Trade Credit, Political Risk, and Surety; • Liaise with Underwriters and Actuaries to build, enhance, and maintain proprietary models and risk systems used in the management of the Credit Lines portfolio. • Responsible for exposure aggregation, monitoring and reporting for Credit Lines. • Use third party vendor models to analyze deals, challenge model results and help stakeholders better understand the risk profile of these lines of business. • Coordinate with the asset management team to understand Credit exposures on the asset side in order to better understand and manage accumulation from both asset and liability sides of the balance sheet. • Actively engage with Underwriting to support the process of identifying and analyzing exposures to new asset and liability classes for Credit Lines. • Keep abreast with recent market developments and pro-actively act to mitigate their impact to the Credit Lines portfolio as well as identifying potential opportunities for the Company. • Other duties as required. The successful candidate will meet the following requirements:• University degree in science, engineering, actuarial, mathematics or economics • CFA/MBA or advanced degree with a focus on Financial Engineering preferred; • At least five years of experience in Fixed Income Investment analysis with a focus on credit and structured products; • Extensive experience in the re/insurance industry as evidenced by a minimum of 7 years of relevant experience; experience in Mortgage desirable; • Quantitative skills with experience in building financial models and scenario analyses; • Excellent mathematical, statistical and problem-solving skills along with superior data management skills; • Strong computer skills including advanced knowledge of Excel and SQL; • Proven organizational and timekeeping skills and a strong sense of attention to details are essential; • Excellent verbal and written communication skills i.e. a thorough command of the English language including excellent spelling, grammar and punctuation; • The ability to deal effectively and courteously with clients and colleagues, and to exercise discretion and confidentiality in all matters; • Must be able to work outside of normal office hours including evenings, weekends and public holidays if necessary.If your experience and ambition match the above criteria, please send your resume, and cover letter highlighting your experience as relevant to the role to: hrbermuda@validusre.bmPlease note, you will only be contacted if you are shortlisted for an interview.All applications must be received by close of business on ENTER CLOSING DATE 2023For additional information visit our website: https://www.aig.com/home/risk-solutions/aig-re/validus-reVice President, Credit Lines Risk Management