Risk Manager - Credit/Counterparty Risk

Risk Manager - VNE67A

We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.

The Risk Manager will get involved in a number of different activities across the ERM Credit & Market Risk Team (CMR) with a primary focus on credit analysis and surveillance of counterparty risk, including our Bank and Trading counterparties. This position will report to the Credit Risk team lead.

This role will have a Hybrid work arrangement, with the expectation of working in the Hartford, CT office 3 days a week (Tuesday through Thursday).

Responsibilities include:

• Perform fundamental credit analyses and surveillance of counterparties, including bank counterparties, third party suppliers, and communicate identified risks to senior management.

• Drive the counterparty approval process for Bank, Trading, and Broker counterparties for the Insurance portfolio of HIG.

• Develop risk measurement, aggregation, and monitoring of relevant exposure risk metrics and analytics, including participating in potential impacts of stress testing scenarios for the current exposure.

• Partner with lines of business and other investment functions to help manage key credit risks.

• Report and communicate risks to CMR team leaders and key business stakeholders as needed.

• Conduct regular meetings with portfolio managers, credit analysts and performance team staff to enhance risk management efforts.

• Develop and enhance the surveillance/approval platform and process.

• Monitor and communicate compliance with limits.

• Maintain Letter of Credit counterparty watch list and make recommendations for updates to the watch list.

• Prepare reports and presentations for relevant risk committees and senior management.

Qualifications

• Eight or more years of professional experience in credit analysis, counterparty, bank analysis, credit risk management and/or finance at an insurance, banking, asset management or other financial services institution.

• Strong interpersonal and communication skills to build and maintain strong relationships with senior management and business/functional leads.

• Strong analytical capabilities and at least five years' experience in fundamental credit analysis required.

• Ability to work independently.

• Organized; results and detailed oriented with a proven ability to work in a fast-paced environment and successfully manage competing priorities.

• Strong data management skills including Excel, VBA, PowerPoint.

• Bachelor's degree in a quantitative discipline such as Engineering, Economics, Finance, Mathematics, Computer Science, Actuarial Sciences, or Statistics preferred.

• Advanced degree, such as MBA or a Master's degree in Finance, Accounting or Economics, or a professional designation, such as CFA, FRM, is a plus.

About the Firm:

Hartford Investment Management Company (HIMCO) is the asset management arm of The Hartford Financial Services Group, Inc. (The Hartford). HIMCO is an insurance asset manager with over $100 billion in assets under management across the global fixed income, equity and alternatives markets. The firm manages assets on behalf of The Hartford, as well as insurance, sub-advisory and other institutional clients.

The Hartford is a Fortune 200 company, with approximately 18,500 employees worldwide. The company is a leading provider of property and casualty insurance, group benefits, mutual funds and other investment products. At The Hartford, we are committed to practicing our business in a sustainable way. We work to address environmental, social and economic needs and to do the right thing for our stakeholders.

As a condition of your employment for HIMCO, you will be required to affirm to HIMCO's Code of Ethics and understand that you will be required to comply with the disclosure of accounts, holdings and pre-clearance of trades for the accounts of you and your household family members as more fully described in the Code of Ethics Key Points. If you will be deemed to be a "Covered Associate" under HIMCO's Pay to Play Policy, you will also need to disclose all political contributions that you have given within the past 2 calendar years.

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$117,840 - $176,760

Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

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