Associate / AVP, Corporate Planning
Assured Guaranty is seeking an experienced candidate to assist the director of financial planning with maintaining the company's rating agency capital and corporate forecasting models. Successful candidates will have the opportunity to expand existing model frameworks and interact with employees throughout the company as part of Treasury's financial and capital planning efforts.
Job Responsibilities
- The candidate will join the team operating the company's corporate planning models, which cover two broad areas :
- Rating agency models for measuring capital requirements and related return-on-capital models.
- Financial forecast models for projecting the company's P&L, balance sheet, cash flow, and liquidity position.
- The candidate will contribute to the department's updates of these models, including a variety of subordinate tools and models. They will be responsible for the accuracy, integrity, and completeness of model inputs and support analysis and reporting of model results.
- The candidate will support efforts to forecast rating agency capital requirements, disaggregate and allocate capital, and evaluate the capital impact of various corporate initiatives and transactions.
- The candidate will analyze company and market information and data sources to enhance planning models.
- The candidate will assist the department in presenting capital and financial model results to senior management, board of directors, rating agencies and regulators.
Candidate Background & Qualifications
Bachelor's degree in economics, math, business or a quantitative science; post-graduate degree beneficial5 years of related work experienceUnderstanding of corporate finance and insurance accounting, GAAP, STATProficient at Excel with an understanding of its capabilities and limitationsAbility to source, process, analyze, and integrate data sources into planning toolsStrong communication skills, well organized, detail-oriented, self-directed and motivatedGeneral knowledge of bonds, credit and insurance markets, public and structured finance, and the financial guaranty industryUnderstanding of probability, simulation, correlation, conditional expectation beneficialUnderstanding of programming concepts or programming tools beneficialCompensation
Annual base salary for the position is expected to be from $100,000 per year to $130,000 per year. 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.