At a Glance
- Tasks: Manage credit risk for large buyer portfolios and support profitability objectives.
- Company: Join AIG, a leader in innovative risk management solutions.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Dynamic role with travel opportunities and a focus on continuous learning.
- Why this job: Make a real impact in trade credit risk management while collaborating with global teams.
- Qualifications: Experience in credit risk analysis and strong communication skills required.
The predicted salary is between 60000 - 80000 £ per year.
At AIG, we reimagine the way we help customers manage risk. As a Senior Credit Officer, you will be responsible for ensuring that Trade Credit credit risk guidelines are applied to the buyer portfolio to enable effective risk management and support profitability objectives.
Responsibilities
- Perform credit reviews and ORR (grade) recommendations for large buyer portfolios with gross exposure of $5MM or greater.
- Establish and maintain aggregate limits within the Trade Credit appetite framework to support underwriting production targets.
- Review and rate Higher Risk and Watchlist buyers with exposures of $10MM or greater (ORR 6 and worse).
- Respond to underwriting ad‑hoc requests for credit limit review/approvals related to specific renewals and new business opportunities efficiently.
- Present risk assessment of existing and prospective large transactions to Regional and Global Credit Committees when buyer limits and aggregate limits trigger thresholds.
- Assist and guide Underwriters with new or renewal buyer portfolios, including buyer risk, policy structure and mitigation parameters.
- Initiate and participate in buyer calls or visits as needed to ascertain risk profile and appropriate appetite.
- Ensure ORR coverage for all buyer names with gross exposure of $5MM or greater and that all policyholders have an assigned ORR rating.
- Maintain ORR aging within AIG Credit Policy Guidelines and keep aggregate limits in date for all names with exposures of $5MM or greater.
- Record all approvals and save related supporting materials to the TradEnable System (TES).
- Prepare monthly overdue exposure reports for the China book and update the Global Watch List and Focus List with recommended underwriting strategies.
- Respond to ad‑hoc exposure inquiries from Trade Credit or ERM Credit Management.
- Assist underwriters in conducting credit management reviews to evaluate the credit management strength of new business or renewal policyholders.
- Undertake periodic sector reviews as directed by the Chief Credit Officer or Regional Head of Credit.
- Enhance trade credit risk management practices and deliver training to local and global colleagues, including the India Shared Service team.
Qualifications
- Demonstrated credit risk analysis experience focusing on the Chinese corporate sector at international banks or credit rating agencies.
- Experience using leading market‑based credit risk portfolio techniques and tools.
- Strong understanding of trade credit policies, risk drivers and mitigation strategies.
- Working knowledge of trade and export products (receivables, confirmed payables, supply chain finance, guarantees, letters of credit, trade loans, etc.) from a credit risk analysis perspective.
- Excellent written and oral communication, presentation, and organizational skills.
- Project management ability and strong decision‑making skills.
- Capacity to manage time pressure, meet deadlines, and juggle competing tasks in a diverse portfolio.
- Team‑player who collaborates effectively with internal and external stakeholders.
- Willingness to travel regionally.
- Business acumen and ability to thrive in a changing environment.
- Expertise in Excel, PowerPoint, Word, basic transactional modelling and forecasting.
- Competency in IT packages and institutional systems; knowledge of risk and portfolio management packages is desirable.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. AIG is committed to providing reasonable accommodations to job applicants and employees with disabilities.
Senior Credit Officer in London employer: American International Group
At AIG, we pride ourselves on fostering a dynamic and inclusive work environment that empowers our employees to excel in their roles. As a Senior Credit Officer, you will benefit from comprehensive training and development opportunities, allowing you to enhance your skills while contributing to innovative risk management solutions. Our collaborative culture, combined with the chance to engage with diverse teams across the globe, makes AIG an exceptional employer for those seeking meaningful and rewarding careers in the financial sector.
Contact Details:
American International Group Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Credit Officer in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even reach out to folks on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that Senior Credit Officer role.
✨Ace the Interview
Prepare for your interviews by researching AIG and understanding their risk management strategies. We recommend practising common interview questions and having examples ready that showcase your credit risk analysis experience. Confidence is key, so show them you’re the right fit!
✨Follow Up
After your interview, don’t forget to send a thank-you email! It’s a great way to express your appreciation and reiterate your interest in the position. We believe this small gesture can make a big difference in keeping you top of mind.
✨Apply Through Our Website
Make sure to apply directly through our website for the best chance at landing the job. We keep our listings updated, and applying directly shows your enthusiasm for joining AIG. Plus, it’s super easy to navigate!
We think you need these skills to ace Senior Credit Officer in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Credit Officer role. Highlight your experience in credit risk analysis, especially within the Chinese corporate sector, and showcase any relevant skills that match the job description.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the role. Mention specific experiences that demonstrate your understanding of trade credit policies and risk management practices.
Showcase Your Communication Skills:Since excellent communication is key for this role, make sure your application reflects your ability to present complex information clearly. Use concise language and structure your documents well to make a great impression.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates regarding your application status.
How to prepare for a job interview at American International Group
✨Know Your Credit Risk Inside Out
Make sure you brush up on your credit risk analysis skills, especially focusing on the Chinese corporate sector. Be prepared to discuss specific techniques and tools you've used in past roles, as well as how they relate to AIG's trade credit policies.
✨Showcase Your Communication Skills
As a Senior Credit Officer, you'll need to present risk assessments clearly. Practice articulating complex ideas simply and confidently. Consider preparing a mock presentation on a previous project to demonstrate your ability to communicate effectively with stakeholders.
✨Demonstrate Your Team Spirit
AIG values collaboration, so be ready to share examples of how you've worked with teams in the past. Highlight any experiences where you guided underwriters or collaborated on credit management reviews, showcasing your ability to work well with others.
✨Prepare for Real-World Scenarios
Expect situational questions that test your decision-making skills under pressure. Think of examples from your experience where you had to manage competing tasks or meet tight deadlines, and be ready to explain your thought process and outcomes.
