Fixed Income Investment Risk Manager, Aviva
+ Eligibility for annual performance bonus
2-3 days a week in office
Insurance, wealth and retirement business
Open for applications
Insurance, wealth and retirement business
1001+ employees
Open for applications
+ Eligibility for annual performance bonus
2-3 days a week in office
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 enjoys working, collaborating and partnering with Portfolio Managers to influence the investment and portfolio construction processes, providing independent challenge and management of the investment risks borne by Aviva Investors’ (‘AI’) clients
- 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 and Liquidity 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
- Ability to work independently, as well as to collaborate with other team members such as Investment Risk Analysts, 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 / quarterly investment risk and performance meetings
- Experience with Aladdin Explore, Portfolio Risk Tools and Green Package would be an advantage. Programming experience in Python, R, and / or VBA and SQL would be an advantage
- Strong academic background in quantitative or mathematical disciplines (Mathematics, Physics, Engineering, Finance, Business, 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
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.
Share this job
View 32 more jobs at Aviva