American Equity Alpha Asset Structuring Analyst I in West Des Moines, Iowa
GENERAL PURPOSE OF THE JOB:
The Alpha Asset Structuring Analyst is responsible for the execution of modeling initiatives in support of structuring and scenario analysis objectives of alpha asset opportunities. The role will support multiple transaction opportunities at any given time.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Support quantitative assessment of transaction underwriting including credit, structure, and legal attributes of underlying loan or pool level risk.
Creation of financial models to adequately assess risk attributes, including the formulation of internal risk rating, and achieve desired structuring outcomes.
Understands and can clearly support the reasonableness of inputs into financial models as well as can clearly explain the reasonableness, implications, and conclusions of model output.
Incumbent is expected to consistently evaluate current relative value and downside risk mitigation trends in the market.
Monitors and ensures continual improvement of the underwriting process to develop technical expertise and improved modeling tools.
Assists with the creation and maintenance of tools to perform ongoing surveillance and performance of modeled assets to support a current credit conviction.
Supports periodic managerial and financial reporting requests including audit and impairment activities. Provides periodic analysis of portfolio activity and attributes.
Supports quarterly evaluation of alpha assets consistent with financial reporting requirements in support of CECL allowance/impairment determination.
Meets internal customer information/reporting needs and assists accounting and investment reporting functions as required.
Establishes strong working relationships with Corporate functions (Tax, Accounting, Finance) to ensure models are current and accurately capture key regulatory implications and risks (such as, knowledge of current and emerging capital rules).
Performs other related work as assigned.
Direct Reports: None
EDUCATION AND/OR EXPERIENCE:
Bachelor’s degree (B.A.) from four-year college or university; and one to five years of related experience and/or training. Prefer emphasis in Accounting, Finance, Mathematics, Engineering, Economics or related field.
CERTIFICATES, LICENSES, PROFESSIONAL DESIGNATIONS:
CFA designation is desirable. Expectation incumbent will work toward CFA designation.
KNOWLEDGE, SKILLS AND ABILITIES:
Effective verbal and written communication skills.
Advanced mathematical skills and strong attention to detail.
Ability to create and maintain sophisticated financial models.
Ability to apply mathematical applications to tasks.
Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
Ability to work cooperatively and successfully with employees, customers, and other outside third parties.
Strong organizational and planning skills.
Proficient in the use of Microsoft Office Suite.
Ability to write reports, business correspondence, and procedure manuals.
Ability to effectively present information and respond to questions.
Ability to define problems, collect data, establish facts, and draw valid conclusions.
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
Ability to successfully handle pressure and meet deadlines in a fast-paced work environment.