Head Of Credit Risk Jobs (NOW HIRING)

Job Family

Job Description Summary

Job Description

Hiring Requirements

Responsibilities

• Own and develop credit risk elements of the enterprise risk framework to ensure alignment with organizational, regulatory, and market developments.
• Establish and maintain concentration limits, asset class approval standards, watch list methodology, and portfolio analysis practices.
• Monitor credit quality, including default and impairment trends, and provide early warning indicators to mitigate potential losses.
• Collaborate with the chief investment office to evaluate new assets and thirdparty managers, and assess risk and return characteristics.
• Conduct due diligence and provide challenge to investment sourcing activities to ensure adherence to the credit risk framework.
• Train and upskill other members of the Risk Function with regard to Credit Risk.
• Ensure new asset management arrangements meet operational risk requirements in partnership with nonfinancial risk teams.
• Integrate with financial risk management to ensure comprehensive coverage of market and credit risks.
• Partner with underwriting risk management to support integration of credit risk in product design and pricing.
• Collaborate with finance teams to support reporting and analysis of investment results.
• May support additional risk management responsibilities within the broader risk function.

Qualifications

• Bachelor's degree in finance, economics, business, or related field
• 12+ years of experience in private credit, investment management, or related financial services
• Experience with portfolio management and credit structures across diverse investment strategies
• Experience with private asset classes such as direct lending, mortgages, or structured finance
• Familiarity with capital regimes in the United States and Bermuda with focus on investment risk
• Proficient in financial modeling, data analysis, and portfolio management software
• Forward thinker able to anticipate emerging risks and assess strategic impacts
• Ability to tailor communications to various audiences
• Analytical skills to frame complex problems and determine appropriate depth of analysis
• Leadership skills to influence senior stakeholders and manage organizational relationships
• Decisionmaking skills to integrate diverse perspectives
• Integrity to uphold risk management principles
• Ability to challenge conventional practices and drive continuous improvement
• Strong planning, prioritizing, and goalsetting skills

Preferred Qualifications

Working Conditions

• Hybrid Office Environment
• Occasional Travel <10%
• Occasional travel for internal and external meetings

Compensation

• The Salary for this position generally ranges between$200,000 - $265,000 annually.Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors includingqualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
• Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company's discretion.

What We Offer

For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.

Compensation Benefits

• Competitive Pay

• Bonus for Eligible Employees

Benefits Package

• Pension Plan

• 401k Match

• Employee Stock Purchase Plan

• Tuition Reimbursement

• Disability Insurance

• Medical Insurance

• Dental Insurance

• Vision Insurance

• Employee Discounts

• Career Training & Development Opportunities

Health and Work/Life Balance Benefits

• Paid Time Off starting at 160 hours annually for employees in their first year of service.

• Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).

• Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars

• Parental Leave - fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.

• Adoption Assistance

• Employee Assistance Program

• Back-Up Care Program

• PTO for Volunteer Hours

• Employee Matching Gifts Program

• Employee Resource Groups

• Inclusion and Diversity Programs

• Employee Recognition Program

• Referral Bonus Programs

Inclusion & Diversity

We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We're thrilled to have been recognized for our efforts through the Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including the Inclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women.

To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company-sponsored, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees. They provide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all.

Giving Back

We believe our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a mix of financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.

Transamerica's Parent Company

Aegon acquired the Transamerica business in 1999. Since its start in 1844, Aegon has grown into an international company serving more than 23.9 million people across the globe.* It offers investment, protection, and retirement solutions, always with a clear purpose: Helping people live their best lives. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.

* As of December 31, 2023