Credit Rating Senior Manager

Aviva; London; On-site; GBP 95,000 - 115,000; Full time

Job summary

Join Aviva as a Credit Rating Senior Manager, where you will lead the assessment and development of internal credit methodologies within a dynamic finance team. You will collaborate with various financial experts to ensure compliance with industry standards and provide crucial insights into credit ratings. This role offers a competitive salary package, including performance bonuses, and a range of benefits aimed at supporting your career development and well-being.

Benefits

Generous pension scheme

29 days holiday plus bank holidays

Up to £1,200 of free Aviva shares

12% bonus opportunity

Flexible benefits including sustainability options

Wellbeing support and tools

Qualifications

• Good understanding of credit ratings across several types of assets.
• Experience in Corporate credit within an asset manager, rating agency, or financial institution.
• Solid understanding of credit analysis fundamentals.

Responsibilities

• Assessment and development of credit methodologies to ensure compliance with regulations.
• Regular reviews of existing methodologies and assurance testing.
• Annual review of internal and external asset managers.

Skills

Understanding of credit ratings

Credit analysis fundamentals

Knowledge of credit rating methodologies

Education

Relevant undergraduate degree in economics, finance, accounting, or related discipline

Job description

Credit Rating Senior Manager

Salary National Circa £95,000 London Circa £115,000

Are you someone who has good understanding of credit ratings across several types of assets and experience working in Corporate credit within an asset manager, rating agency or financial institution?

Aviva is building out its internal credit rating team within the IWR Finance Function. This role will work closely with a range of colleagues from the Annuity Asset Origination, Chief Investment Officer and Aviva Investor teams depending on the particular asset class. The internal credit rating team reports into the IWR Actuarial Reserving Lead who supports the UK IWR Chief Actuary, who has regulatory responsibility for the appropriateness of the internal credit ratings used.

A bit about the job:

Assessment and development of new and existing internal credit methodologies, to ensure they remain compliant with the UK IWR Credit Rating Policy and all relevant regulatory requirements. You will achieve this by undertaking regular reviews of existing methodologies, including appropriate assurance testing, to evidence ongoing compliance, presenting output of reviews to expert judgement panels and key forums/committees who are formed to support the discharge of the Chief Actuary’s responsibilities regarding approval of internal credit ratings. You will also undertake annual review of Aviva’s internal and external asset managers, undertake deep dive reviews as proposed by the IWR Actuarial Reserving Lead to provide assurance that operational controls and governance arrangements are working effectively, recommending actions to address and/or mitigate gaps.

Skills and experience we’re looking for:

• Good understanding of credit ratings across several types of assets

• Relevant undergraduate degree in economics, finance, accounting, or related discipline

• Solid understanding of credit analysis fundamentals

• Strong knowledge of credit rating methodologies

• Experience working in Corporate credit within an asset manager, rating agency or financial institution

What you’ll get for this role:

Our purpose - with you today, for a better tomorrow – is a promise we make to our colleagues too. And one of the ways we live up to that promise is by investing in you. We have so much to offer when it comes to being an Aviva colleague.

• Starting salary National Circa £95,000 London Circa £115,000 (depending on location, skills, experience, and qualifications)

• Bonus opportunity – 12% of annual salary Actual amount depends on your performance and Aviva’s.

• Generous pension scheme - Aviva will contribute up to 14%, depending on what you put in.

• 29 days holiday plus bank holidays, and you can choose to buy or sell up to 5 days

• Make your money go further - Up to 40% discount on Aviva products, and other retailer discounts

• Up to £1,200 of free Aviva shares per year through our Matching Share Plan and share in the success of Aviva with our Save As You Earn scheme

• Brilliantly supportive policies including parental and carer’s leave

• Flexible benefits to suit you, including sustainability options such as cycle to work

• Make a difference, be part of our Aviva Communities and use your 3 paid volunteering days to help others

• We take your wellbeing seriously with lots of support and tools

Take a look to learn more. Put a salary into this calculator to see what your total Aviva Reward could be.

Aviva is for everyone:

We’re inclusive and welcome everyone – we want applications from people with diverse backgrounds and experiences.

Excited but not sure you tick every box? Research tells us that women, particularly, feel this way. So, regardless of gender, why not apply. And if you’re in a job share just apply as a pair.

We flex locations, hours and working patterns to suit our customers, business, and you. Most of our people are smart working –spending around 50% of their time in our offices every week - combining the benefits of flexibility, with time together with colleagues.

To find out more about working at Aviva take a look here

We interview every disabled applicant who meets the minimum criteria for the job. Once you’ve applied, please send us an email stating that you have a disclosed disability, and we’ll interview you.

We’d love it if you could submit your application online. If you require an alternative method of applying, please give Daisy Holmes a call on [phone] or send an email [e-mail]