Benefits - Full

Relocation Assistance Available - Yes
Commission Compensation - No
Bonus Eligible - Yes
Overtime Eligible - No
Interview Travel Reimbursed - Yes
Description

COMPANY
The company is a leading Fortune 500 insurance holding company dedicated to helping people secure their financial lives, families and futures. Headquartered in Richmond, Virginia, the company has approximately 6,400 employees operating through three divisions around the world.

The company's Global Mortgage Insurance division, is the only truly global mortgage insurer. Our company's Global MI provides primary mortgage guaranty insurance coverage on residential mortgage loans, as well as mortgage pool insurance policies that enhance insurance coverage for various types of mortgage-related securities, in over two dozen countries worldwide.

SUMMARY
This position will report to the CRO, and will assist the CRO in overseeing product, credit, market and operational risks. The VP, Global Risk Management will be responsible for maintaining a strong system of risk governance working with risk managers in the U.S., Canada, Australia, Europe and Mexico. Specifically, this role will be responsible for

- Working with the CRO and country risk managers to set risk appetites and concentration limits by product and geographic region
- Maintaining delegation of authority levels
- Preparing analysis and presentation materials for review with the Corporate Risk Committee
- Developing ERM metrics to enable better analysis and decisions regarding capital allocation, product performance and profitability, and earnings and capital at risk
- Risk oversight of underwriting quality through review of audit results and ensuring corrective actions are taken on a timely basis
- Providing input to loss mitigation strategies and monitoring performance and key metrics
- Facilitating training and sharing best practices across platforms
- Establishing appropriate risk management frameworks (including loss forecasting, operational risk controls, etc.) in new or developing markets or for new deal structures

BASIC QUALIFICATIONS
- Undergraduate degree in economics, business, finance, mathematics or statistics/actuarial sciences
- Minimum (10+ years) insurance/financial services experience with relevant risk management and credit underwriting experience
- Proven leadership and ability to drive change
- Excellent oral and written communications skills
- Ability to influence across reporting lines
- Ability to work outside standard business hours in order to accommodate international time zones and work requirements

PREFERRED QUALIFICATIONS
- Advanced degree or technical certification
- Capital markets experience
- Experience with economic drivers of profitability, and investment management
More About the Position

Visa Candidates Considered - Yes

The Candidate
10+ to 15 years of experience
Management Experience Required - No
Minimum Education - Bachelor's Degree

Willingness to Travel - Occasionally