Vice President - Underwriting at Applied Risk Capital - Jersey City, New Jersey, United States
Applied Risk Capital provides credit default insurance to banks and unregulated lenders. We indemnify against payment default on term loans and revolving credit facilities to borrowers rated B/B2 and above. ARC is backed by three of the industry's largest and most experienced credit insurers. Our team of experienced professionals has an established track record in the credit space, with extensive experience in loan origination, distribution and restructuring. Our chief underwriting officer has 30+ years of credit underwriting experience through various leadership positions within a major global bank, including as Global Head of Loan Syndications, Americas Head of Corporate Origination and Americas Head of Restructuring. We work closely with our lender clients to identify opportunities well suited for credit default insurance. Our risk pricing is based on probability of default, as informed by our extensive experience in credit and the capital markets, and loss given default, as determined utilizing our sophisticated proprietary assessment model and experience. Focus on loss given default is critically important for fairly pricing risk across the credit spectrum. Our team is building a reputation for world-class credit risk underwriting, speed of execution, high quality service and fair pricing to deliver the best possible solution to our clients and insurers. Our products are used extensively by credit portfolio management and syndication teams as a cost-efficient means for managing counterparty risk, concentration risk, distribution risk and risk-weighted asset savings, all of which helps improve revenue production and portfolio / client returns.