Director, Corporate Banking, FIG Insurance

Director, Corporate Banking, FIG Insurance
Chicago, IL I New York, NY - Onsite | Hybrid
Full Time
We are seeking a seasoned Director - Corporate Banking (Insurance Sector) to join the Global Financial Institutions Group (FIG). This role combines Portfolio Management and Relationship Management , focusing on credit underwriting, deal structuring, risk evaluation, and client relationship growth within the insurance sector.
The ideal candidate will play a key role in originating and structuring lending transactions , driving cross-sell opportunities, and maintaining strong relationships across a diverse portfolio of insurance clients.
Key Responsibilities
Client Relationship & Business Development

• Build and expand relationships with insurance clients (Life, Non-Life, Distribution segments).
• Identify opportunities to cross-sell banking and capital market products .
• Develop new client relationships and grow share of wallet.
• Deliver client presentations and lead pitch discussions.

Deal Structuring & Credit Management

• Lead credit underwriting, structuring, and risk adjudication .
• Prepare credit applications, memos, and deal documentation.
• Conduct financial modeling and analysis for transactions.
• Perform due diligence including client visits and industry analysis.

Portfolio Management

• Manage a diverse portfolio of insurance clients across geographies.
• Monitor client performance, industry trends, and regulatory changes.
• Ensure alignment with bank risk appetite and compliance standards .

Collaboration & Strategy

• Partner with internal teams (capital markets, product groups).
• Act as a key member of deal teams to maximize sector penetration.
• Provide strategic insights and recommendations based on data analysis.

Risk & Compliance

• Evaluate credit, market, operational, and regulatory risks.
• Maintain adherence to internal policies and regulatory requirements.
• Balance risk-return trade-offs effectively.

Must-Have Skills

• 10+ years of Corporate Banking experience (Insurance sector focus)
• Strong expertise in:
  • Lending & portfolio management
  • Credit underwriting & deal structuring
  • Financial modeling & analysis
• Proven track record in client relationship management & cross-selling
• Deep knowledge of financial products & banking solutions
• Excellent analytical, problem-solving, and decision-making skills
• Strong communication and presentation abilities

Preferred Qualifications

• MBA / CFA or equivalent (Finance, Accounting, or related field)
• Experience working with global insurance clients
• Exposure to capital markets and structured finance
• Advanced knowledge of financial tools and database systems

Education Requirements

• Bachelor's degree in Finance, Economics, Accounting, or related field (required)
• Advanced degree or certifications (MBA / CFA) preferred

Core Competencies

• Data-driven decision making
• Influencing and negotiation skills
• Cross-functional collaboration
• Ability to manage ambiguity

Strategic thinking and execution