Structured Finance Credit Risk - Senior Analyst

  • Negotiable
  • London, England, United Kingdom
  • Permanent, Full time
  • Aviva Investors
  • 08 Dec 17 2017-12-08

We are looking for a Senior Analyst to provide credit oversight of structured finance loans, and also provide support on private corporate debt.

The Role

We are looking for a Senior Analyst to provide credit oversight of structured finance loans, and also provide support on private corporate debt.

The Team

The Alternative Income Solutions (AIS) Credit Team currently consists of 20 analysts with sector specialists covering the four core illiquid asset classes (real estate, infrastructure, structured finance, and corporate debt), counterparty credit analysis (e.g. property tenants), property surveyors and transaction closing approvals.

Responsibilities

  • Engage proactively with Structured Finance and Private Corporate Debt origination colleagues to both support the structuring of new transactions and the active monitoring of existing deals
  • Produce credit risk reports on each transaction to support or challenge new business applications and annual reviews, including expert critique of the structure, quantitative analysis of the underlying assets and cash flows, applicable trend analyses and other exposure analysis as appropriate
  • Provide expert critique and challenge of credit ratings proposed by the origination team for both for new transactions and ongoing
  • Review and challenge credit and financial information provided as part of the transaction assessment and credit application process
  • Participate in the development, implementation and ongoing operation of the business' credit risk requirements in order to meet business, fund and regulatory requirements
  • Work collaboratively with other Credit colleagues
  • Support the Portfolio Risk Management function in regard to structured finance assets with the collation, aggregation, analysis and reporting of credit risk information from acquisition, through performing account management (sectorial, geographic concentrations analysis, borrower risk profile), through emerging risk (rating migration analysis, early delinquency profiles) to re-structuring
  • Review and maintain the credit rating policy for structured finance assets
  • Ensure actions are in accordance with AI Risk and Governance framework
  • Log and action actual and potential loss events in accordance with AIS policy
  • Allocate efficiently and effectively of resource across Investment and AM teams to ensure priority targets are met

Requirements

Essential

  • Significant experience in and detailed understanding of structured finance products including all types of underlying debt, derivative instruments, guaranteed products and securitisations,
  • Recognised as an expert in the field, plus a good understanding of corporate debt exposures
  • Proven credit and credit ratings expertise with a broad awareness of commercial and financial matters including the principles of good lending practice
  • Expert in sophisticated mathematical analytical techniques and accounting principles
  • Excellent knowledge of loan documentation, legal concepts and debt restructuring concepts
  • Excellent organisational skills with the ability to prioritise and adapt to best use resources
  • Proven ability to build and manage strong relationships with internal and external contacts at all levels.
  • Strong interpersonal and communication skills with a proven ability to influence decision making at senior levels
  • Relevant Degree / Investment Management Certificate / Relevant post-graduate qualification

Highly Preferable

  • A thorough understanding of insurance and pensions related investments, related credit risk strategies, products, risk profiles and regulatory requirements
  • Excellent negotiation, presentation and report writing skills
  • Decisive, determined and willing to challenge staff at all levels on key business issues
  • Knowledge of Solvency II requirements and in particular the management of credit risk for insurance firms

About Us

Aviva Investors are proud to be a different kind of asset manager; our intelligent solutions are based entirely around our Clients objectives, not ours. Whether our clients are looking for a standard product or something completely bespoke, they can access world-class expertise. Our aim is to retain business with named clients by providing a high level of service. For today's investor

Diversity and Inclusion

Bring to Aviva what makes you different and we'll support you to do the best work of your life. We encourage applications from everyone who wants to help us achieve our purpose of helping our customers to Defy Uncertainty.

One of Aviva's core values is Care More, and this is bought to life through the flexible ways we like to work. This may include working from home some of the time, or flexible work schedules to accommodate parent and carer responsibilities, further studies and hobbies. What's important to us is that you are supported to do the best work of your life. Diversity

You will be assessed against the Aviva values: care more, kill complexity, never rest and create legacy