Credit Rating Risk Manager
Date Posted: 19/02/2025
Location: London
Job Type: Full time
Apply NowAbout the role
We are looking for a Credit Rating Risk Manager to take a leading role on the activities relating to oversight of investment risk management particularly with regard to credit rating methodologies and assessments.
Responsibilities
Oversight of credit rating methodologies produced by Line 1 to ensure all risks are considered
Review and challenge of:
internal ratings assigned to new investments
Review and challenge of Just’s credit watchlist
Oversight of compliance with Just’s Credit Ratings Validation Framework, which is designed to ensure compliance with SS 3/17 Illiquid Unrated Assets.
Review and perform analysis on new fund manager credit rating methodologies
Line 2 oversight and challenge of validation activities as set out in the Credit Rating Validation Framework
The postholder will also be expected to be involved in overseeing the attestation with regard to ensuring that the spread reflects the risks.
Skills & Experience
It is essential that you have experience within a credit rating agency or ratings team within an asset manager/insurance company
Experience developing and applying credit rating methodologies; or experience reviewing and challenging internal credit rating methodologies
Line 2 risk management experience would be an advantage.
Experience performing risk identification exercises in the context Solvency UK requirements desirable
Experience in producing reports for committees
Good understanding of the different credit rating methodologies used by external rating agencies for assets typically held by UK annuity writers
Understanding of the Solvency UK requirements for internally assigned credit ratings (SS3/17) desirable
Ability to maintain competence and up to date knowledge
Ability to build collaborative relationships with a range of stakeholders across the business
Company Benefits
A Competitive Salary, Pension Scheme and Life Assurance
Along with 25 Days Annual Leave plus an Additional Day on us for your Birthday
Private Medical Cover and Income Protection, just in case
A generous and highly achievable bonus scheme – paid annually based on individual and company performance against targets
Opportunity to progress within your career both in-role and within the company
FREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical & Mental Health First Aiders (On-Site)
A variety of Employee Funded Benefits available to you via our Online Benefits Portal
Plus, several additional purchase options available for you and your loved ones