Supervisor, Securities Valuation Office

The Securities Valuation Office (SVO)  of the National Association of Insurance Commissioners (NAIC) has an exciting opportunity for a Supervisor, SVO. This team member will lead and manage a team of credit analysts, supervising their overall workloads, performance, productivity, and analytic quality along with reviewing and approving analyst work, as well as performing their own analysis. This team member will serve as a primary analyst in an assigned area to perform credit/research analysis, with an expectation of providing well developed, credit and analytical expertise in the field of assignment. This team member serves as a member of the Senior Credit Committee.    

 This is a full-time hybrid position. Residency within 100 miles of the New York, New York office is required. 

Responsibilities Include 

• Manage a team of credit analysts in performing analytical functions. Work with Manager to assign responsibilities across the team. Monitor progress to ensure timely completion of all work. Assess backlog status and productivity measures for each month and manage team workflow. Provide updates of major trends in workflow, credit or types of securities submitted. Benchmark performance criteria, exceed minimum productivity goals, maintain analysis standards and meet timeliness goals. Provide mentoring and on-the-job training for credit analysis and all aspects of professional development.  

• Align with the organization’s vision and inspire others to achieve it. Keep subordinates and superiors fully informed of activities, successes and concerns. 

• Perform credit and pricing analysis of assigned sectors of corporate or municipal security issuers in a wide variety of industries to establish and document the appropriate credit risk designation and/or price.  

• Prepare credit reports and make verbal presentations to the credit committee.  

• Participate as a member of Senior Credit Committee, reviewing and approving the credit analysis work product across the group. Provide the necessary guidance/assistance/mentoring to others in their analyses, and identify and participate in internal and external professional development opportunities to broaden the team’s analytical skill set. Cultivate better understanding of state regulations and the needs of state regulators.  

• Produce or review the team’s research covering important industry trends/issues in the portfolio that may be important to regulators. Respond to informational requests from a variety of sources, such as regulators, insurers, NRSROs, investment bankers and fellow analysts, etc. Keep the SVO Director and Manager informed of specific requests from Regulators/Insurance Departments and insurers. Actively participate on NAIC and department projects. 

Management Responsibilities 

This position is responsible for the performance of a team of credit analysts and, as necessary, interns and/or contingent staff. 

• Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Under the guidance and supervision of the manager, responsibilities include interviewing, hiring, mentoring, coaching, motivating, training and development of employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems. 

• Leverages staff in coordinating and assigning tasks to meet organizational needs. Reports staffing needs to upper management. 

Minimum Education and/or Experience Required 

• Master's degree (M.A.), M.B.A. in Finance or equivalent and/or CFA.  Related experience of 15+ years with at least 10+ years of fundamental credit analysis, and/or training or equivalent combination of education and experience.  

Preferred Experience 

• Experience performing credit analysis at a Nationally Recognized Statistical Rating Organization (NRSRO or “credit rating agency”)  

• Prior supervisory experience is preferred. 

Systems & Technology Requirements 

Microsoft Office Suite/365, Slack, Bloomberg and similar software. Advanced programming capabilities with these tools a significant plus.    

Travel 

This position requires regular, out-of-state, overnight travel in support of member meetings and events throughout the year. An ideal candidate must be able and willing to travel to locations throughout the United States and with such frequency as necessary to meet the needs of this position and the Association. 

Compensation 

$169,948 - $250,000, to be commensurate with education and experience.