Emerging Markets Research Analyst

Aviva; Greater London; On-site; GBP 45,000 - 65,000; Full time

Benefits offered by this job

Competitive salary

Discretionary bonus

Generous pension

29 days holiday

Private Medical Benefit

Share schemes

Job summary

Aviva Investors in London is seeking a Research Analyst to advance credit research across fixed income. You will undertake issuer analysis, build financial models, and generate investment views. Collaboration with portfolio managers and ESG colleagues is essential to deliver robust, evidence-based recommendations.

You will present views, maintain relationships with market participants, and contribute to a high-performing research environment within Aviva Investors.

Qualifications

• Experience in credit research within fixed income or sovereign/corporate sectors.
• Develop and maintain financial models including sensitivity, scenario and stress testing.
• Ability to present issuer views and communicate with stakeholders.

Responsibilities

• Undertake in-depth issuer analysis to form clear, well-supported investment opinions.
• Develop and maintain financial models to assess credit risk and generate views.
• Produce written research, assign ratings/outlooks and identify trading opportunities.
• Present issuer views at internal forums and collaborate with portfolio managers and ESG colleagues.
• Build and maintain relationships with issuers, sell-side analysts, banks and industry experts.

Skills

Confidence to challenge constructively

Excellent communication

ESG / non-financial risk experience

Fundamental credit analysis

Clear written recommendations

Job description

Please note this position is based in London and the successful candidate’s contractual location will be London; other locations cannot be considered.

Research Analyst

About Us

At Aviva Investors, ourexpertiseis in matching the right investment approach to each client’s unique needs. As the global asset management business of Aviva plc, we bring together our broad investment capabilities to deliver client-focused solutions worldwide. Managing £273 billion in assets, our 1,000‑strong teamacross nine countries is brilliantly connected, collaborative, and focused on delivering outcomes that truly matter.

Working together and acting responsibly are central to how weoperate. We take time to understand what our clients want to achieve and design solutions that last - strengthening every portfolio with diverse perspectives and integrated thinking. Our longtrack recordin sustainable investing reflects our commitment to doing the right thing for clients and communities alike.

Everyone at Aviva Investors plays a part in creating an exceptional client experience. With the scale and influence to make a real difference, we take our responsibility seriously. Join us andyou’llfind an inclusive, supportive environment where your contribution is valued, high performance is recognised, andyou’reempowered to shape your development.

We are recruiting for a Research Analyst to join our team. This isa great opportunityfor someone who has experience, gained within a buy-side asset manager, sell-side investment bank, or credit rating agency.This rolewouldideallysuit someonein theearlierstagesoftheircareer.

From fixed income and equities to multi-asset solutions, our public markets teams build high-conviction portfolios based on deep research, active management, and robust portfolio construction. We take a long-term, global view – cutting through market noise to drive superior client returns while integrating sustainability at every step.

A bit about the role

This is an exciting opportunity for a motivatedAnalystto develop their career within a high-performing research environment. As the team continues to grow, we are seeking individuals with eitheremerging marketcorporate ordeveloped marketsovereign research experience to join the Global Sovereign and Emerging Markets Corporate research team. In this role, you will take ownership of fundamental credit research,producingrobust bottom-up credit views and generating investment recommendations across the fixed income platform.

You will undertake in-depth analysis of issuers to form clear and well-supported investment opinions, supported by developing andmaintainingfinancial models, including sensitivity, scenario, and stress testing, to assess credit risk. You willbe responsible forproducing written research, assigning ratings and outlooks, andidentifyingtrade opportunities across your coverage. Alongside this, you willmonitorcredit developments and providetimelyupdates, ensuring insightsremaincurrent and relevant. Collaboration will be key, as you will work closely with broader fixed income research teams, portfolio managers, and ESG colleagues to incorporate both financial and non-financial considerations.

The role also involves presenting issuer views at internal forums, contributing to team discussions, and communicating effectively with stakeholders. In addition, you will build andmaintainrelationships with issuers, sell-side analysts, banks, and industry experts to strengthen insights and challenge assumptions.

Skills and experiencewe’relooking for

• Confidence to challenge constructively
• Excellent communication skills and the ability to collaborate effectively across functions.
• Experience integrating ESG or non-financial risk into credit conclusions (or strong interest in doing so).
• Strong fundamental analysis, including a demonstratable process for assessing credits
• Experience producing clear written recommendations and communicating views succinctly to investment stakeholders.

In this role you’ll be ‘Certified’ under the Financial Conduct Authority / Prudential Regulation Authority’s Senior Managers and Certification Regime (SMCR). This means that we’ll need to complete some regulatory background checks on you before you take up your role and we’ll need to ask you some questions on an annual basis to make sure you remain ‘fit and proper’ and competent to carry out your role. We’ll provide training on what holding a SMCR role means when you join us and annually thereafter.

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:

• Competitive salary (depending on skills, experience, and qualifications).
• Discretionary bonus opportunity - depending on individual performance and Aviva Investors’!
• 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!
• Aviva-funded Private Medical Benefit to help you get expert support when you need it.
• Make your money go further with 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 annual volunteering days to help others.

Aviva is for everyone

We’re inclusive and welcome everyone – we want applications from all backgrounds and experiences. Excited but not sure you tick every box? Even if you don’t, we would still encourage you to apply. We also consider all forms of flexible working, including part time and job shares.

Most of our people are smart working – spending at least 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.

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