Job Description:

The Regulatory Affairs division of the National Association of Insurance Commissioners (NAIC) has an exciting opportunity for Structured Securities Analyst position. This position supports the credit risk assessment of RMBS and CMBS and performs both quantitative and qualitative analyses on other structured finance products. Assists state insurance regulators, provides data support to facilitate research, help develop analytical tools, and interact with insurance companies.. This is a full-time hybrid position, in a positive and flexible environment. Residency within 100 miles of the New York office is required.

Responsibilities Include:

• Across multiple asset classes (RMBS, CMBS, CLO, etc.) conduct structural reviews of transactions, evaluate credit and cash flow models to ensure sound analysis, assess collateral performance and projected cash flows, ensure accuracy of investment and analytical data, and perform research on structured finance and insurance industry investment activities.
• Explore and identify opportunities to develop and enhance analytical tools.
• Assist with data integration and process enhancement initiatives.
• Develop understanding of relevant statutory accounting principles.
• Monitor and manage the structured securities group help desk.
• Provide support to regulators.
• Collaborate effectively with cross-functional teams within the NAIC and engage with representatives from insurance companies.

Management Responsibilities:

This position does not have direct reports.  

Minimum Education and/or Experience Required:

• Bachelor’s degree or higher in Finance, Engineering, Data Science, Statistics, or a related field, 5-7 years of professional experience, demonstrating strong quantitative and analytical skills or an equivalent combination of education and experience.
• Ability to comprehend and analyze financial structures and legal documents
• Experience with structured finance cash flow modeling a plus
• Knowledge of structured finance asset classes such as RMBS, CMBS, and CLO
• Strong communication skills and ability to work both independently and collaboratively
• Demonstration of initiatives and enthusiasm
• CFA/FRM preferred

Systems & Technology Requirements

Proficiency in Microsoft Office Suite/365 and SQL. Familiarity with business intelligence tools. Python or other programming languages a plus.

Schedule: Hybrid

While this position qualifies for a hybrid schedule, you may be required to come into the office for a minimum of one day each week plus for ongoing meetings, events or training.

Travel Requirements

This position requires regular, out-of-state, overnight travel in support of member meetings and events throughout the year. 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

$111,000- $142,000, commensurate with education and experience. 

Sponsorship

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

Interested in learning more about the amazing benefits the NAIC offers? Visit our Benefits page for more information.