Position Summary
Assured Guaranty is seeking an Associate to join the U.S. Public Finance Surveillance team. This employee would be responsible for collection and organization of data from various sources as well as be part of the team reviewing, analyzing, monitoring and reporting on a large portfolio of U.S. Public Finance credits.
Primary Responsibilities
- Complete analysis and prepare written reviews of credits in the assigned sectors adhering to a review schedule
- Develop and maintain understanding of the key risk attributes of the assigned portfolios
- Monitor credit quality and trends with respect to individual risks and the assigned portfolio as a whole
- Perform analysis on ad hoc basis for reports to senior management and the Board as well as in conjunction with special projects
- Assist in the preparation of material (including charts and graphs) for presentation of sector reviews
- Effectively manage client and other external relationships:
- Process amendment and consent requests and interact with obligors, bankers, rating agencies, advisors or others as required
Candidate Background
- Bachelor’s degree, preferably in accounting, public administration, economics or business
- 2-4 years’ experience in relevant area preferred (rating agency, buy-side, sell-side, insurer or government finance)
- Team player with ability to multi-task several projects at a time
- Ability to analyze and project cash flows
- Strong written and oral communication skills with ability to effectively convey information clearly and concisely
- Strong organizational skills and detail oriented
- Excellent time management skills, with willingness to work additional hours when needed
- Self-starter with the ability learn quickly and retain information or processes
- Ability to use various external apps (including Microsoft 365: Excel, PowerPoint and Word), internal IT systems, and sources of information
Compensation
Annual base salary for the position is expected to be from $100,000 per year to $115,000 annually. The actual salary will depend on various factors, including but not limited to, a candidate’s experience and credentials, salary expectations of applicable candidates, and other applicable market conditions. This position also provides applicable employee benefits, as well as eligibility for an annual discretionary bonus.
Top Skills
What We Do
Assured Guaranty is the leading provider of financial guaranty insurance. We guarantee timely payment of scheduled principal and interest when due on municipal, public infrastructure and structured financings. Issuers use our financial guarantees to lower their cost of funds, broaden distribution and diversify funding sources. For more than three decades, our insurance subsidiaries have helped to lower the cost of borrowing for municipalities and other issuers across the United States by guaranteeing a wide range of tax-exempt and taxable, investment-grade, municipal bonds that are supported by either tax revenues or revenues from essential public projects or services. From schools to clean water, from transportation projects to hospitals and more, we help municipalities build sustainable public infrastructure and better serve their residents, including their underserved and at-risk communities.
We are also active in the United Kingdom, Europe, Australia and other developed countries, where we guarantee public-private partnership, local authority and regulated utility financings. In structured finance, globally, we guarantee asset securitizations and craft custom applications of our guarantees to assist our institutional clients in managing their portfolio risk and capital. For investors, our value proposition includes not only the security of our unconditional, irrevocable guaranty but also our experienced credit selection, underwriting and surveillance. Our business model has proven its resilience through multiple business cycles, and we have demonstrated our commitment to maintaining the financial strength to protect our policyholders for the life of their insured investments.
In addition, our subsidiary Assured Investment Management LLC provides alternative investment management and advisory services to institutional and other qualified investors through our investment arm and offers a variety of credit-focused strategies and structured finance solutions.
