Director of Credit Risk, Structured & Private Corporate Debt, Aviva
+ Bonus
Insurance, wealth and retirement business
Open for applications
Insurance, wealth and retirement business
1001+ employees
Open for applications
+ Bonus
1001+ employees
Company mission
With you today, for a better tomorrow. Aviva exist to be with people when it really matters, throughout their lives.
Role
Who you are
- This is a great job for someone who has an inquisitive nature with good stakeholder management skills, strong analytical/reporting abilities, and a natural attention to detail
- Experience in analysing private corporate debt/structured finance debt in an asset management, financial institution or rating agency setting
- Experience in assess corporate credit risk in high yield debt markets would be strongly preferable
- Experience in credit work outs and restructurings
- Strong knowledge of rating methodologies used by ECAI and ability to practically apply across range of investments
- Ability to identity risks impacting a broad range of structures
What the job involves
- The Credit Risk team is a front office function that supports the origination and monitoring of private debt assets within Aviva Investors Real Asset
- You will be reporting to the Head of Credit and will be an addition to a growing team of 5 credit risk specialists that provide oversight of both new originations taken forward by the deal teams, and the monitoring of the existing portfolio of assets managed by Aviva’s third-party loan surveillance provider
- You will support the origination team in targeting investments, structuring solutions, and applying rating methodologies and provide written credit risk opinion (investment risk and rating oversight) on new private debt assets proposed for approval by the origination team to the Investment Committee
- The role itself will also provide the opportunity for you to attend internal and external client/stakeholder meetings and you will need to be able to explain the risk drivers and mitigating strategies impacting holdings
Salary benchmarks
Our take
With 18 million international customers, Aviva is the largest provider of insurance and leading life and pension funds in the UK. With a history that dates back to the founding of Hand in Hand Fire & Life Insurance Society in 1696, Aviva’s current form is thanks to a merger between Norwich Union and CGU plc in the year 2000.
Over the noughties, Aviva grew its market out to Europe and established a high-profile foothold in America thanks to the most expensive advertising campaign of the time that included celebrities Alice Cooper and Bruce Willis. Into the 2010s, the insurance broker was forced to restructure and close a large number of its non-core businesses in a bid to increase its shareholder returns and streamline its focus. In 2012 it sold its US wing to Athene Holding to further this goal.
Now stripped back after sell-offs of subsidiaries in Indonesia, Italy, and many more countries, Aviva is refocusing on pensions. In the wake of a Pensions Dashboard Programme delay in the UK, Aviva is in the running to take over the programme thanks to its pre-existing private systems. This exemplifies Aviva’s renewed focus on the fintech sector, all whilst playing national analyst during the cost of living crisis thanks to its annual Age of Ambiguity study.
Steph
Company Specialist
Insights
Company
Company values
- Care
- Commitment
- Community
- Confidence
Company HQ
City of London, London, UK
Articles
Leadership
Amanda Blanc
(CEO, not founder)Currently Group Board Non-Executive Director at BP. Previously Chairman of the Welsh Rugby Union, Senior Advisor at Trov, CEO at Zurich Insurance Company.
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