Glenn Schuermann Email & Phone Number

Richmond, Va, Us

New York, New York, United States

Provide credit expertise and financing strategies for deal team (Global Relationship Management, Syndications) in development and analyses of financing structures, mergers and acquisitions, and corporate recapitalization opportunities with a focus on the Life and Property & Casualty Insurance sector. • Prepare credit applications including evaluation of loan purpose and structure, repayment sources, corporate, regulatory, and industry risk, liquidity, and historical and projected operating… Show more Provide credit expertise and financing strategies for deal team (Global Relationship Management, Syndications) in development and analyses of financing structures, mergers and acquisitions, and corporate recapitalization opportunities with a focus on the Life and Property & Casualty Insurance sector. • Prepare credit applications including evaluation of loan purpose and structure, repayment sources, corporate, regulatory, and industry risk, liquidity, and historical and projected operating performance. • Communicate and report portfolio credit metrics and potential risks to senior management including Chief Risk Officer during credit committee and top exposure meetings. • Author sector reviews to monitor industry trends, including the revision of the Insurance Sector Risk Rating Criteria and Methodology.• Negotiate loan documents with client and legal to facilitate closing process and adhere to audit and regulatory requirements. • Develop and mentor junior associates; provide ongoing guidance and review junior associate’s performance to assure adequate risk rating and compliance with policies and procedures. Show less

New York, Ny

Managed a $2.8BN Financial Institutions loan and derivatives portfolio focused on insurance, asset manager, and nonbank financial companies. • Performed due diligence and evaluation on existing and potential financing transactions including frequent contact with clients’ Executive Management team. • Underwrote large transactional deals and awarded the bank’s “deal team of the year” in 2018 for a large M&A transaction generating over $50MM in fees.• Developed policy and underwriting… Show more Managed a $2.8BN Financial Institutions loan and derivatives portfolio focused on insurance, asset manager, and nonbank financial companies. • Performed due diligence and evaluation on existing and potential financing transactions including frequent contact with clients’ Executive Management team. • Underwrote large transactional deals and awarded the bank’s “deal team of the year” in 2018 for a large M&A transaction generating over $50MM in fees.• Developed policy and underwriting guideline criteria enabling the FIG group to double revenue to approximately $300MM with zero credit costs. • Negotiated loan documents with client and legal to facilitate closing process. Show less

New York, Ny

Managed approximately $3.5 billion of insurance collateral in 14 cash flow CDO transactions. Specialized in financing small and mid-sized financial institutions through the issuance of CDOs backed primarily by trust preferred securities of bank and insurance holding companies. Performed surveillance on a portfolio of approximately 60 insurance companies in 14 separate bank and insurance trust preferred pools.

New York, Ny

New York, Ny

Assigned debt and financial strength ratings with a concentration in the life and health/managed care industries. Formulated a written and verbal rating recommendation based on due diligence meetings with senior management and assisted in establishing criteria for holding company analysis, hybrid equity credit, and group rating methodology. Published commentary and special research reports on the life and health industry, with several reports being published in the National Underwriter.

New York, Ny

New York, Ny

Developed and presented formal rating recommendation to senior management based on review of company and industry fundamentals. Acted as segment specialist for the life insurance team, advising on specific health related insurance issues. Developed analytical criteria following the establishment of a separate health insurance team.

Stamford, Ct

Underwrote credit applications and made initial recommendation for approval/decline. Coordinated joint sales calls with credit manager to advise clients on company product offerings.

Passaic, Nj

Management training program