Develop and implement underwriting strategies, policies, and guidelines for product lines, ensuring alignment with organizational goals and profitability
Analyze complex information from various sources (financial documents, market data, etc.) to evaluate risk levels associated with insuring individuals or entities
Analyze and underwrite fund finance structures, including rated feeder funds, CFOs, and NAV lending facilities
Build and maintain Excel models to evaluate cash flow structures and collateral performance
Apply and interpret rating agency methodologies (Moody’s, S&P, Fitch), highlighting sensitivities, structural strengths, and key risk factors
Support the underwriting workflow by preparing detailed credit memos, risk assessments, and rating agency-style reports
Collaborate with senior underwriters to ensure transaction analysis aligns with internal frameworks and partner expectations
Conduct scenario and stress testing across multiple rating assumptions
Track market developments in fund finance, including rating agency updates, regulatory changes, and investor trends

Bachelor’s degree in business administration, economics, finance, or a related field
10+ years of experience in fund finance, structured credit, or a related rating agency/analytical role
Strong familiarity with rated feeders, CFOs, or NAV lending facilities
Experience with rating agency methodologies and the ability to interpret and apply them in underwriting
Proficiency in Excel-based modeling and credit analysis
Excellent analytical, quantitative, and problem-solving skills
Strong written and verbal communication skills with the ability to clearly articulate technical findings
Driven self-starter and capable of working independently
Handles pressure well and capable of managing multiple tasks and projects simultaneously

Fund Finance Underwriting Director

Key skills