Credit Risk Manager

National Salary Circa £70,000

London Salary Circa £80,000

We have a fantastic opportunity for a tenacious Credit Risk Manager to join our group Credit Risk team that sits within Group Financial and Sustainability Risk. This is a great job for an experienced Credit Risk Manager with a genuine interest in the economy seeking to work with likeminded people in the UK’s leading Insurance, Retirement and Wealth business!

A bit about the job:

Credit risk is one of the largest risks Aviva faces. Managing this risk is a key part of our strategy to protect our customers and plays a vital role in helping Aviva grow in a safe and sustainable manner. We do this by ensuring we are within the credit risk appetite of the Board Risk Committee (e.g. through setting credit limits), helping businesses in getting the right return from the risk being taken (e.g. through asset class analysis) and helping the business make better decisions (e.g. helping creating reinsurance contracts that mitigate credit risk in stress).

 Additionally, you will:

Support quality, pro-active analysis of Aviva’s Credit position, including development of the Credit Limit Framework and the credit data systems (currently Clearwater and Qlik)Support the effective & timely delivery of financial & non-financial information for internal and external publication purposes, related to Credit Risk, for both regular reporting and during times of financial stressAssist with the production of counterparty and exposure risk assessments, including for reinsurers/reinsuranceThe effective & timely delivery of financial & non-financial information for internal and external publication purposes, related to Credit Risk. Production of counterparty and exposure risk assessments, including for reinsurers/reinsuranceParticipate in the response to events, covering both idiosyncratic events (where only one credit counterparty is involved) or systemic credit risk events that affect one or more market sectors

Skills and experience we’re looking for:

Experience in building models/coding is strongly preferredKnowledge of a range of investment markets and asset classes, their key risk and return drivers and their application to insurance company investment strategy and asset-liability managementBrings sound judgement to facts/data, with strong analytic, interpretative, and modelling skills with a meticulous mindset and strong attention to detailAble to manage workload & relationships in a flexible, dynamic and proactive mannerAbility to prioritise and plan activities in the face of conflicting demands

What you’ll get for this role:

Our purpose - with you today, for a better tomorrow – is a promise we make to our colleagues too.  And one of the ways we live up to that promise is by investing in you.  We have so much to offer when it comes to being an Aviva colleague.

National salary circa £70,000, London salary circa £80,000 (depending on location, skills, experience, and qualifications)Bonus opportunity - 10%of annual salary Actual amount depends on your performance and Aviva’s.Generous pension scheme - Aviva will contribute up to 14%, depending on what you put in.29 days holiday plus bank holidays, and you can choose to buy or sell up to 5 daysMake your money go further - Up to 40% discount on Aviva products, and other retailer discountsUp to £1,200 of free Aviva shares per year through our Matching Share Plan and share in the success of Aviva with our Save As You Earn schemeBrilliantly supportive policies including parental and carer’s leaveFlexible benefits to suit you, including sustainability options such as cycle to workMake a difference, be part of our Aviva Communities and use your 3 paid volunteering days to help othersWe take your wellbeing seriously with lots of support and tools

Take a look to learn more.  Put a salary into this calculator to see what your total Aviva Reward could be.

Aviva is for everyone:

We’re inclusive and welcome everyone – we want applications from all backgrounds and experiences. Excited but not sure you tick every box? Even if you don’t, we would still encourage you to apply. We also consider all forms of flexible working, including part time and job shares.

We flex locations, hours and working patterns to suit our customers, business, and you. Most of our people are smart working – spending around 50% of their time in our offices every week - combining the benefits of flexibility, with time together with colleagues.

To find out more about working at Aviva take a look here

We interview every disabled applicant who meets the minimum criteria for the job. Once you’ve applied, please send us an email stating that you have a disclosed disability, and we’ll interview you.

We’d love it if you could submit your application online. If you require an alternative method of applying, please give Tawana Chin a call on 07789 624461 or send an email to tawana.chin@aviva.com.