AVP, Risk and Analytics - Specialty Finance
About The Position
As AVP, Risk and Analytics, Specialty Finance, you will lead risk, analytics, and reinsurance for Nationwide’s Specialty Finance business. You will establish and govern the frameworks, models, processes, and management reporting that support product risk/return evaluation, product structuring, portfolio and capital management, reinsurance strategy and execution, and related accounting and reserving outcomes. The role drives disciplined risk-adjusted performance aligned with enterprise capital objectives. You will partner with leaders and senior stakeholders across the company to identify and quantify risks, rigorously model and monitor products and portfolios, structure and place reinsurance effectively, and ensure results are booked, reserved, and operated in line with Nationwide’s risk appetite, limits, and financial objectives. The role reports to the VP, Chief Risk Officer Specialty Finance and leads a team of 3+ risk, analytics, and reinsurance professionals. The position is located in Columbus, Ohio; remote work may be considered, and the position may be filled within any of the lower 48 U.S. states. Some travel may be required.
Requirements
- Undergraduate degree in Finance, Mathematics, Actuarial Science, Statistics, Economics, Engineering, or a related quantitative field.
- Typically, 10 or more years of experience in insurance, banking, asset management, or specialty finance, with significant exposure to risk analytics and capital modeling, operating-model and process design for complex financial products, and structured credit, specialty finance, or complex re/insurance transactions.
- Five or more years of people leadership experience.
- Deep understanding of credit, market, and liquidity risk as applied to specialty finance, structured products, or complex re/insurance structures.
- Strong fluency in risk and financial metrics, including capital, return on capital, and risk-adjusted performance measures.
- Ability to translate complex models and structures into clear financial, reinsurance, and operational requirements for Finance, Controllership, Reserving, Reinsurance, Technology, and Operations.
- Advanced analytical and problem-solving skills, including comfort with data, modeling tools, and quantitative reasoning.
- Excellent communication and influence skills, with the ability to challenge and collaborate effectively with senior executives, technical experts, reinsurers, and external partners.
- Strong leadership capabilities, including talent development, prioritization, and execution in a fast-moving, entrepreneurial environment.
- Regularly and consistently demonstrates Nationwide Values.
Nice To Haves
- Graduate degree, such as an MBA, MS in Finance, Financial Engineering, Applied Statistics, or similar.
- Professional credentials such as FSA, FCAS, CFA, FRM, PRM, or CPA are strongly preferred.
Responsibilities
- Own the Specialty Finance risk and analytics framework for pricing, capital, limits, stress testing, and performance measurement.
- Partner with Investment Risk and Underwriting to develop credit assumptions and product- and portfolio-level models that assess losses, capital use, and risk-adjusted returns.
- Establish analytical and model-risk standards for assumptions, documentation, back-testing, product design, deal approval, and ongoing monitoring.
- Define risk appetite and limits and lead oversight through the Deal Committee and other risk and product governance forums.
- Integrate Specialty Finance exposure measurement with the Office of Investments and enterprise risk reporting.
- Sponsor audit, compliance, and regulatory reviews of Specialty Finance models, processes, and controls.
- Partner with the ceding reinsurance leader to develop Specialty Finance risk-transfer strategies, and coordinate execution of reinsurance terms and data requirements with Reinsurance, Legal, Underwriting, and Enterprise Risk.
- Partner with Finance, Controllership, Reserving, and Actuarial on appropriate GAAP and statutory accounting treatment and reserving methodologies.
- Lead and develop the risk, analytics, and reinsurance team, including recruiting, performance management, and professional development, while collaborating across functions to support risk-adjusted returns.
- May perform other responsibilities as assigned.
Benefits
- Medical, dental, and vision coverage
- Life insurance
- Short- and long-term disability coverage
- Paid time off, with newly hired associates receiving a minimum of 18 days per full calendar year, prorated quarterly based on hire date
- Nine paid holidays
- Eight hours of Lifetime paid time off
- Eight hours of Unity Day paid time off
- 401(k) with company match
- Company-paid pension plan
- Business casual attire
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What This Job Offers
Job Type
Full-time
Career Level
Executive
