Credit Research Analyst

Pensioncorporation; London; On-site; GBP 45,000 - 85,000; Full time

Job summary

An established industry player is seeking a Credit Research Analyst to join its Investments Office. In this pivotal role, you will collaborate with various departments to enhance systems and processes while delivering insightful credit research that impacts policyholders. Your analytical skills will be crucial in assessing investments and ensuring up-to-date credit opinions. This role offers a dynamic environment where your contributions will directly influence capital and profitability, making a significant impact on the company's brand and market reputation. Join a forward-thinking organization that values innovation and provides a supportive atmosphere for professional growth.

Benefits

Private Medical Insurance

28 Days Annual Leave

Generous Pension Scheme

Annual Performance-Related Bonus Plan

Qualifications

• Recognised qualification in relevant field; CFA desirable.
• Proven track record in credit research and analysis.

Responsibilities

• Conduct thorough analysis of assigned portfolio and communicate outcomes.
• Prepare credit rating and research opinions for stakeholders.

Skills

Analytical Skills

Interpersonal Skills

Organizational Skills

Problem-Solving Skills

Collaboration

Education

CFA Qualification

Relevant Professional Qualification

Tools

MS Access

MS PowerPoint

MS Word

Bloomberg

Job description

Pension Insurance Corporation (“PIC”) provides secure retirement incomes through comprehensive risk management and excellence in asset and liability management, as well as exceptional customer service. Our purpose is to pay the pensions of our current and future policyholders.

PIC is recruiting for a Credit Research Analyst to join its Investments Office. In this role, you will effectively collaborate with our Risk, Legal, Investments and Finance departments to secure their buy-in and implement improvements to systems, processes, and technology, as appropriate. You will apply knowledge and insights concerning the Credit Research and how this impacts our policyholders. You will also deliver strong business outcomes relating to capital, profitability, the Company brand and market reputation whilst achieving positive outcomes to our policyholders and shareholders on a consistent basis.

Specific accountabilities assigned to the role of Credit Research Analyst within the Investments function:

• Conduct thorough analysis of the assigned portfolio and effectively communicate those outcomes to Rating Committee and Portfolio Management colleagues to ensure PIC accesses the full range of attractive investments.
• Take ownership of ensuring PIC has up-to-date credit opinions and internal ratings on all borrowers and key potential borrowers in your sectors.
• Prepare credit rating and research opinions that efficiently communicate your views on credit for different key stakeholders, including succinct summaries for committees with more detailed analysis for first-line colleagues.
• Effectively collaborate with portfolio management, trading, and asset/liability colleagues to make and execute investment decisions; given PIC has one portfolio, seamless integration is key.
• Engage in research to understand the ESG aspects of the investments in your portfolio and ensure ESG scores are up-to-date on each transaction.
• Take ownership of your own learning and development in both technical (e.g., data analysis and critical judgement) and non-technical (self-insight and relationship management) skills of Public Credit.
• Apply initiative to private debt investments by providing timely credit research opinions or internal ratings as needed.
• Stay informed of industry trends, market developments, regulatory changes in the public and private sectors, as well as best practices related to Credit Research by attending industry seminars, reading, and sharing relevant published articles.

Experience:

• Recognised qualification and/or accreditation to a professional body in the relevant field/industry/sector. CFA qualification would be desirable.
• Proven track record of providing credit research opinions to fund managers in your sectors or assigning credit ratings as relevant to your role.
• Capability and experience of working with different sectors would be an advantage.
• Experience delivering analysis that is succinct, accurate, well-presented, and timely.
• Experience working in an investing environment would be advantageous.

Knowledge:

• Good knowledge of credit rating methodologies across different subsectors in the area allocated to you.
• Established knowledge of the sectors allocated to you.
• Good knowledge of financial reporting and key rating metrics.

Skills:

• Good analytical skills and established analytical mindset.
• Good interpersonal skills and sound organisational skills.
• Ability to collaborate across teams.
• Ability to conceptualise and lead others in solving specific problems.
• Ability to organise work to meet deadlines.
• Good working knowledge of MS Access, MS PowerPoint, MS Word, and strong Bloomberg skills.

Desirable personal attributes aligned to what success looks like in the role:

• Intellectually curious with a willingness to learn through own research.
• Strong problem-solving skills utilising consultative questioning to challenge current norms and drive change within the business function.
• Effective communicator – structures insights into clear messages and effectively engages others within the business function, as well as internal stakeholders, professional and regulatory bodies.
• Innovative thinker – positive attitude to change and a willingness to embrace new ideas and techniques to improve performance.

In addition to a competitive base salary and the opportunity to participate in our annual performance-related bonus plan, upon joining us here at Pension Insurance Corporation, you will get access to some great benefits, including private medical insurance, 28 days' annual leave (excluding bank holidays), a generous pension scheme and much more.