Senior Trade Finance Underwriter

AIG • Washington, DC

1d • $100,000 - $128,000 • Onsite

About The Position

AIG is seeking a Senior Trade Finance Underwriter to support its trade finance underwriting business. The role involves credit analysis, recommending or approving credit limits and terms, assessing trade life-cycle and working-capital needs, and underwriting transactions from origination through execution. The underwriter will perform due diligence, structure transactions, assess risks and mitigants, set reserves, deductibles and premiums, prepare quotations and credit memoranda, and coordinate approvals with underwriting colleagues and credit committees.

The position also owns monitoring of live transactions, including structural changes, endorsements, renewals, and compliance with underwriting guidelines. It involves working with internal functions such as tax, accounting, compliance, onboarding, legal, operations, and product development, as well as supporting client-focused product and origination strategies, sales initiatives, broker and client relationships, and stakeholder communications. The underwriter will help improve processes and may attend or deliver training to colleagues.

AIG asks team members to be primarily in the office to support in-person collaboration. The role may involve travel.

Requirements

• Bachelor’s or higher degree in finance or accounting.
• Mid-level experience on a trade credit or risk team, or related experience in the banking and finance industry.
• Ability to distil accounts, financial information, and written information.
• Transactional experience in trade finance deals across a broad range of products, such as receivables, confirmed payables, supply chain finance, guarantees, letters of credit, and trade loans.
• Experience with new business generation.
• Strong written and oral communication and presentation skills.
• Organizational and project-management skills.
• Ability to manage time pressure, deadlines, competing tasks, and priorities.
• Ability to handle a varied workload across a diverse and growing portfolio.
• Proven decision-making skills.
• Interpersonal skills and ability to work as a team player with internal and external stakeholders and clients.
• Independence, multitasking ability, and initiative to work in a fast-paced global environment.
• Business acumen.
• Ability to work in a changing environment.
• Expertise in Excel, PowerPoint, and Word.
• Basic transactional modelling and forecasting skills.
• Competence with IT packages and institutional systems.
• Willingness to travel.

Nice To Haves

• Languages helpful for engaging with diverse, global teams.

Responsibilities

• Perform credit analysis and recommend and/or approve appropriate credit limits and terms.
• Analyze trade life cycles and working-capital needs in relation to buyers’ and sellers’ risks in trade transactions.
• Complete insurance quotations and transaction summaries or credit memoranda for internal stakeholders.
• Coordinate with insurance risk and credit underwriters and credit committees to obtain approvals and validate transaction structures.
• Own transactional due diligence, structuring, and commercial underwriting from origination to execution, including assessing structural risks and mitigants, eligibility criteria, credit reserves and deductibles, modelling, and premium setting.
• Escalate key issues or concerns clearly and succinctly to managers.
• Assist with negotiating policy, trade, and funding documentation to protect AIG’s interests and meet client requirements, liaising with Legal as needed.
• Coordinate with relevant AIG business departments, including tax, accounting, compliance, onboarding, legal, new product development, vendor or business partner onboarding, and operations.
• Monitor live trade transactions, including structural changes, endorsements, and renewals, particularly changes to credit analysis.
• Ensure policies and risks comply with AIG underwriting guidelines, processes, and procedures.
• Coordinate with onboarding teams when corporates or funders are onboarded into AIG structures.
• Support the identification and development of client-focused products and strategies for banks, alternative funders, and other financiers, including cross-selling opportunities.
• Support origination strategies and engage with prospects and brokers, including managing certain client relationships.
• Support sales initiatives and develop communications for brokers, banks, and other distribution stakeholders.
• Participate in broker and client meetings to support local market presence.
• Prepare summaries, business plans, models, and high-level financial and business-growth data for managers, AIG senior management, and investors, including stakeholder presentations.
• Assist in enhancing trade-transaction processes.
• Attend and, where relevant, deliver training to local and global colleagues on trade products.

Benefits

• A comprehensive Total Rewards benefits package focused on health, wellbeing, financial security, and professional development.
• Eligibility for a bonus under the applicable incentive plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level