Credit Investment Risk Manager, Aviva

Salary not provided

Offers annual performance bonus and Aviva Matching Share Plan

React

Python

VBA

Senior and Expert level

London

More information about location

Insurance, wealth and retirement business

Job no longer available

Insurance, wealth and retirement business

1001+ employees

B2CInsuranceFinancial Services

Job no longer available

Salary not provided

Offers annual performance bonus and Aviva Matching Share Plan

React

Python

VBA

Senior and Expert level

London

More information about location

1001+ employees

B2CInsuranceFinancial Services

Company mission

To be with people when it really matters, throughout their lives.

Job

Company

Role

Who you are

Solid knowledge of financial instruments and risk management across several public credit asset classes (e.g. Investment Grade, High Yield, Securitised Products). Knowledge of Liability-Driven Investment strategies and investment risk management would be an advantage
Highly effective communication skills including the ability to build good working relationships with investment risk colleagues and portfolio managers, to provide challenge to portfolio managers and to react constructively when challenged back
5-10 years of professional experience working in a similar role, ideally in an investment risk management environment, and preferably in an asset manager, investment bank or another financial institution
Ability to work independently, as well as to collaborate with other team members such as Investment Risk Manager peers and the Head of Fixed Income Investment Risk, to implement enhanced risk and quantitative models and analytics, risk systems and automated reporting workflows to be used daily as well as in monthly investment risk and performance meetings
Experience with Aladdin Explore and Portfolio Risk Tools would be an advantage. Programming experience in Python, R, and / or VBA would be an advantage
Strong academic background in quantitative or mathematical disciplines (Mathematics, Physics, Engineering, Finance, Economics or Accounting major preferred)

What the job involves

The Investment Risk Team is responsible for the analysis and monitoring of investment risk at all levels, i.e., within balanced funds and individual asset classes, providing expert analysis and challenge to the portfolio managers
The Team prides itself on its ability to work in partnership and in collaboration with the Front Office (‘FO’), built around the team’s outstanding influencing skills
In addition to the key responsibility of providing independent challenge and investment risk management to the FO, the role also provides support to the Team in developing, implementing, and managing the AI Public Markets Fixed Income Risk Framework, Policies, Risk Appetite Statements and Key Risk Indicators in conjunction with AI’s strategic and business objectives

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 at Welcome to the Jungle

Insights

Led by a woman

2% employee growth in 12 months

Glassdoor (3.7)

Trustpilot (4.3)

Company

Company HQ

City of London, London, UK

Leadership

Amanda Blanc

(Group CEO)

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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