Internal Credit Rating Analyst

Aviva UK are now recruiting for a Credit Rating Analyst to work across our Annuity Asset Origination, Chief Investment Office and Aviva Investors teams as part of our Credit Rating Methodology team. The role will report to the Rating Methodology Oversight Senior Manager. The focus of this role is to provide support to specialists within the Credit Rating Methodology team to implement the rolling methodology review plans - including the production of regular MI to support assurance testing. This role will ensure that the governance of the internal rating methodologies runs efficiently. We see the role is an excellent development opportunity for a hands-on credit analyst to join a growing credit ratings team and to contribute to the improvement of processes and controls in a growing business. A key driver for Aviva’s success is our annuity business. Aviva is a central player in both the individual and bulk annuity markets, with much of the growth in new business volumes coming from bulk purchase annuities. As a result, we’re building out our internal credit rating and governance team to support with assets that require a credit rating, and hence an associated credit rating methodology. These credit ratings are used as a tool to manage credit risk and directly feed through to the matching adjustment calculation for Aviva’s c£70bn annuity portfolio, a key part of Aviva’s future strategy. Aviva uses “smart-working”, and the person in this role can be based anywhere in the UK, as long as they are comfortable with regular travel to our York, Bristol or London offices. The role’s duties & responsibilities: Providing support to enable effective ongoing compliance with the Credit Ratings Policy Maintain a detailed and up-to-date log of approved methodologies Build and maintain an electronic filing system containing all approved reviews, details of all methodology differences, rating agency research papers, asset manager rating reviews, other committee papers Assist our Credit Rating Methodology specialists when they undertake deep dive reviews Develop and produce regular MI on a timely basis to support ongoing assurance testing Over time, develop the role to input into technical discussions and debates on rating methodologies Skills & experiences required: Commercial experience working with investments or credit analysis A relevant degree in economics, finance, accounting, or related field Strong analytical and organisational skills and a background of co-ordinating MI/reports Self-motivated, able to prioritise and adapt to changing demands Track record of working under pressure and to deadlines Familiarity working with different types of asset classes would be great to see What will you get for this role? A competitive salary depending on location, experience and qualifications Generous defined contribution pension scheme Annual performance related bonus and pay review Holiday allowance of 29 days plus bank holidays and the option to buy/sell up to 5 additional days Up to 40% discount for some Aviva products through “My Aviva Extras” plus discounts for Friends and Family (some exclusions apply) Excellent range of flexible benefits to include a matching share save scheme Working at Aviva At Aviva, we’re people with a purpose. To be with you today, for a better tomorrow. We bring this to life by ensuring managing risk is at the heart of the way we all work. We love people who do the right thing for our customers, and our colleagues. We want people who speak up, who take responsibility, and who make good decisions. The way we do this is important too. We’re all about our people – that’s you – so we can be pretty flexible. If you want to work from home some of the time or change your hours so you can pick up your kids or care for someone in your family, we’re very open to that. In fact, we don’t advertise roles as either part or full time, because we know each person has different needs, just as each business area has different needs. So, it’s up to you to discuss working hours during your interview. We care deeply about being inclusive and that means we encourage applications from people with diverse backgrounds and experiences. We want our employees to bring their whole self to work and that starts with you. We interview every disabled applicant* that meets the minimum criteria for the job. Once you’ve applied, please send us a separate email stating that you have a disclosed disability and we’ll make sure we interview you. We’d love it if you could submit your application online. If you require an alternative method of applying, please give Daniela Krol a call on 0121 234 7660 or send an email to daniela.krol@aviva.com *As defined in The Equality Act 2010*. By ‘minimum criteria’ we mean you should provide us with evidence which demonstrates that you generally meet the level of competence required and have the qualifications, skills or experience defined as essential to perform the role.