Vice President, Structuring Credit

pVerdant Rock Limited is a Bermuda-based insurer, regulated by the Bermuda Monetary Authority as a Class 3B insurer and rated BBB+ (Stable) by Fitch Ratings and A (low) by Morningstar DBRS. It issues irrevocable, unconditional, on-demand financial guarantees on emerging-market debt exposures, designed to qualify as eligible credit protection under Basel III and Solvency II, for the benefit of institutions globally. The Structuring team screens, structures and prepares for underwriting the transactions Verdant Rock guarantees. /p h3Role Overview /h3 pThe Vice President will structure ABS and SRT guarantee transactions end to end, from initial analysis through structuring to a credit paper ready for underwriting. /p pWorking within the Principal's team, the role carries responsibility for portfolio data analysis, loss and capital modelling, day-to-day coordination of the deal team and early escalation of issues that affect credit quality. /p h3Key responsibilities /h3 ul liSupport the Principal in screening securitisation and SRT opportunities and prepare the initial assessment of each. /li liAnalyse loan-level data tapes: stratifications, static and dynamic pool performance, vintage default and recovery curves. /li liBuild cash-flow and tranche loss models and run stress scenarios across the capital structure. /li liPrepare regulatory capital calculations to evidence capital relief for the protected institution. /li liDraft term sheets, structuring proposals and credit papers for Underwriting. /li liReview protection agreements, eligibility criteria and reporting provisions with legal counsel, and interpret servicer, data verification and legal due diligence reports. /li /ul h3Qualifications and experience /h3 ul liSix to ten years' experience in securitisation, SRT or structured credit at a bank, rating agency, arranger or credit fund. /li liDirect involvement in executed ABS, RMBS or SRT transactions. /li liMastery of financial modelling, transaction structuring and security packages. /li liAbility to interpret legal, servicer and data due diligence reports. /li liStrong quantitative

skills:
Excel essential; Python, R, SQL or Intex an advantage. /li liWorking knowledge of the Basel securitisation framework and SRT requirements. /li liFluency in English; other languages are an advantage. /li liRating agency structured finance experience. /li /ul #J-18808-Ljbffr