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Trade Credit Political Risk Insurance Jobs in Illinois

VP, Credit Risk Oversight

Rosemont, IL · On-site

$117K - $150K/yr

Position Overview The Credit Risk Oversight Specialist is part of the Credit Risk Oversight Team ... Benefits Medical Insurance • Dental • Vision • Life insurance • Accidental death and ...

VP, Credit Risk Oversight

Rosemont, IL · On-site

$117K - $150K/yr

Position Overview The Credit Risk Oversight Specialist is part of the Credit Risk Oversight Team ... Benefits Medical Insurance • Dental • Vision • Life insurance • Accidental death and ...

VP, Credit Risk Oversight

Rosemont, IL · On-site

$117K - $150K/yr

Position Overview The Credit Risk Oversight Specialist is part of the Credit Risk Oversight Team ... Benefits Medical Insurance Dental Vision Life insurance Accidental death and dismemberment Short ...

Credit Analyst

Addison, IL · On-site

$30.40 - $35.20/hr

... risk levels. * Review financial statements, trade references, credit insurance guidance, and commercial credit data to determine suitable credit limits for new and existing accounts. * Conduct ...

Experienced Risk Manager

Chicago, IL · On-site

$150K - $210K/yr

... better trading decisions. Our team has a broad mandate across market, credit, capital, and ... paid leave and insurance. Please visit Benefits - US | IMC Trading for more comprehensive ...

Partner closely with traders to identify, monitor, and manage risk across a wide range of trading strategies * Monitor and analyze market, credit, capital, and operational risks across IMC ...

Own second-line oversight of market access and pre-trade risk controls, including credit and ... We also offer Medical insurance, Dental insurance, Vision insurance, Disability insurance, and Paid ...

Financial Risk Lead

Chicago, IL · On-site

$200 - $215/hr

Own second-line oversight of market access and pre-trade risk controls, including credit and ... We also offer Medical insurance, Dental insurance, Vision insurance, Disability insurance, and Paid ...

Showing results 21-40

Trade Credit Political Risk Insurance information

What are the key skills and qualifications needed to thrive as a trade credit political risk insurance professional?

To thrive as a Trade Credit Political Risk Insurance professional, you need expertise in risk analysis, financial assessment, and a solid understanding of international trade and insurance principles, often supported by a degree in finance, economics, or a related field. Familiarity with industry-specific risk modeling tools, credit assessment software, and certifications such as ACII (Associate of the Chartered Insurance Institute) are commonly required. Strong negotiation, analytical thinking, and communication skills set top performers apart in this field. These competencies are crucial for accurately assessing risks, advising clients, and managing complex cross-border transactions in a volatile global environment.

What are some common challenges faced by professionals working in trade credit political risk insurance, and how can they be addressed?

Professionals in Trade Credit Political Risk Insurance often encounter challenges such as staying updated on rapidly changing geopolitical landscapes, assessing the creditworthiness of international buyers, and managing complex claims involving multiple jurisdictions. Addressing these challenges requires strong analytical skills, continuous learning, and close collaboration with risk analysts, underwriters, and legal experts. Building a network of reliable local contacts and utilizing advanced data analytics tools can also help professionals make more informed decisions and respond proactively to emerging risks.

What is the difference between Trade Credit Political Risk Insurance vs Trade Credit Analyst?

AspectTrade Credit Political Risk InsuranceTrade Credit Analyst
Primary FocusProtecting businesses against political and sovereign risks affecting tradeAssessing creditworthiness of trade counterparties
Work EnvironmentInsurance companies, risk management firmsFinancial institutions, corporations
Required CredentialsInsurance knowledge, risk management certificationsFinance, economics, or accounting degrees
Industry UsageTrade finance, export/import sectorsBanking, trade finance, corporate risk assessment

Trade Credit Political Risk Insurance focuses on safeguarding trade transactions from political risks, while Trade Credit Analysts evaluate the creditworthiness of trade partners. Both roles are essential in international trade but serve different functions within the risk management process.

What is trade credit political risk insurance?

Trade Credit Political Risk Insurance is a financial product that protects businesses against losses resulting from non-payment by foreign buyers due to political events, such as expropriation, currency inconvertibility, war, or government intervention. This insurance is crucial for companies that export goods or services to countries with higher political or economic instability. By mitigating the risk of non-payment for reasons beyond the control of the buyer, it enables companies to expand internationally with more confidence and secure financing on better terms.

What are popular job titles related to Trade Credit Political Risk Insurance jobs in Illinois?

For Trade Credit Political Risk Insurance jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Trade Credit Political Risk Insurance jobs in Illinois look for?

The top searched job categories for Trade Credit Political Risk Insurance jobs in Illinois are:

What cities in Illinois are hiring for Trade Credit Political Risk Insurance jobs?

Cities in Illinois with the most Trade Credit Political Risk Insurance job openings:

VP, Credit Risk Oversight

Wintrust

Rosemont, IL • On-site

$117K - $150K/yr

Other

Medical, Dental, Vision, Life, Retirement

Re-posted 6 days ago


Wintrust rating

8.0

Company rating: 8.0 out of 10

Based on 20 frontline employees who took The Breakroom Quiz

71st of 171 rated banks


Job description

Wintrust provides community and commercial banking, specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers the sophisticated solutions of a large bank while staying true to the relationship-focused, personalized service of our community banking roots. We serve clients in all 50 states with more than 200 branch banking locations in Illinois, southwestern Florida, northwestern Indiana, west Michigan and southern Wisconsin and commercial banking offices in Chicago, Denver, Milwaukee, Grand Rapids, Mich., and in key branch banking locations throughout Illinois. Our people are the heart of our business and we are proud to rank consistently as a top place to work. Wintrust is a $66 billion financial institution based in Rosemont, Illinois, and listed on the NASDAQ Global Select Market under the symbol "WTFC."
Why join us?

  • An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 12 years) and Employee Recommended award by the Globe & Mail (past 6 years).
  • Competitive pay and discretionary or incentive bonus eligible.
  • Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few
  • Promote from within culture.
Why join this team?
  • Be part of a strong, mature, risk management governance framework.
  • Option to work at corporate headquarters in Rosemont, IL or Countryside, IL location.
  • We foster an inclusive environment for an individual to grow and work independently.
  • Opportunity to interact with management level, experienced professionals - higher visibility.
  • Wintrust has a great culture that comes from the top down.
  • Gain experience and further your career by joining a growing organization.
Position Overview
The Credit Risk Oversight Specialist is part of the Credit Risk Oversight Team functioning as an independent second line of defense reporting to the VP Credit Risk Oversight Group Manager. The Credit Risk Oversight Specialist will conduct a systematic review of commercial, small business, specialty, or consumer loan portfolios to determine the accuracy of risk identification in the loan portfolio as well as the adequacy of documentation, administration, credit quality and loan performance. In addition, the Credit Risk Oversight Specialist will prepare business unit reports and other reports related to other bank wide credit risk related issues.
What You'll Do
  • Participate in the overall assessment of portfolio credit quality by assessing risk rating accuracy, timeliness of grade changes and appropriateness of supporting rationale.
  • Ensure loan underwriting standards adhere to Wintrust policy and procedures, and policy exceptions are appropriate and mitigated effectively.
  • Review loan documentation, collateral documentation and other credit administration and monitoring for adherence to Wintrust policy and procedure and to all relevant laws and regulations, as well as alignment with credit approval.
  • Manage and/or co-manage internal credit risk oversight engagements.
  • Perform continuous monitoring of assigned portfolios and quarterly charter reviews.
  • Work with senior management to regularly update the credit risk oversight policies and procedures.
  • Ensure adversely classified assets are identified and have appropriate action plans in place.
  • Effectively listen and communicate with loan officers, business unit managers, senior Wintrust leadership, appropriate internal committees, external auditors and all regulatory bodies.
Qualifications
  • Bachelor's degree in accounting, Finance, Economics, or a related discipline.
  • Credit professional with at least five years of commercial credit experience, preferably with a background in commercial credit underwriting, credit risk management or loan/credit review.
  • Strong credit analytical skills and credit process knowledge.
  • Knowledge of the banking industry and regulatory guidelines as they relate to credit review and credit risk management practices.
  • Experience in specialty lending niches such as leveraged loans, franchise lending, leasing, asset-based lending, insurance, etc.
  • Successful completion of a formal credit training program preferred.
  • Previous loan/credit review experience preferred.

Benefits
Medical Insurance • Dental • Vision • Life insurance • Accidental death and dismemberment • Short-term and long-term Disability Insurance • Parental Leave • Employee Assistance Program (EAP) • Traditional and Roth 401(k) with company match • Flexible Spending Account (FSA) • Employee Stock Purchase Plan at 5% discount • Critical Illness Insurance • Accident Insurance • Transportation and Commuting Benefits • Banking Benefits • Pet Insurance
Compensation
The estimated salary range for this role is $117,000-$150,000, along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidate's qualifications, skills and experience.
#LI-ONSITE
From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.

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