Senior Credit Rating Specialist
Date Posted: 10/07/2024
Location: London
Job Type: Full time
Apply NowWho are Just?
We’re a FTSE 250 Financial Services company who specialise in retirement solutions and right now, our world is moving pretty quickly.
How people work, save, and plan for the future is all changing. A new generation of retirees needs a new kind of retirement company. A company who will look for new ways of doing things – and will always put the customer first.
That’s who we are. We’re a company on a mission: to become a beacon for the entire retirement industry. Because we believe everyone deserves a fair, secure, and fulfilling retirement. And with you on our team, we’re going to make sure they get it.
Purpose
To take a leading role on the activities relating to internal credit assessments and the ‘Credit Ratings Validation Framework’.
Job Role Accountabilities
Determine and embed internal credit rating methodologies for new asset classes
Review and perform analysis on new fund manager credit rating methodologies
Perform internal validation activities as set out in the Credit Rating Validation Framework
Examples of Key Activities
Produce methodology document covering key aspects of new internal credit rating approach
Develop model for application of the new internal credit rating approach
Produce report covering outcome of analysis of new fund manage rating methodologies
Produce papers for new internal credit rating methodology or new fund manager credit rating methodology for Credit Committee approval
Perform sample asset check on asset that have been internally rated or rated using fund manager credit rating methodologies
Regular review of internal and fund manager credit rating methodologies
Manage the process for any external validation activities agreed with the Credit Committee
Experience
Experience within a credit rating agency or ratings team within an asset manager/insurance company is essential for the role
Experience developing and applying credit rating methodologies; or experience reviewing and challenging internal credit rating methodologies
Experience performing risk identification exercises in the context Solvency UK requirements desirable
Experience in producing reports for committees
Skills and Knowledge
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 knowledgeAbility 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
Why Just?
We’ve built our sustainability strategy around the United Nations Sustainable Development Goals (SDG) and have selected goals where we believe we can make the most difference. By aligning our activity with these global goals, we can make sure we play our part in addressing the wider issues facing the planet and leave a positive legacy to the world. You can read more about our sustainability strategy here.
Diversity, equity and inclusion are priorities for us. Having a diverse, talented workforce with colleagues of different backgrounds, world views and experiences is the right thing to do. It’s also the most effective way to succeed, innovate and better serve our customers now and in the future. We are committed to our targets on gender and ethnicity and run a number of successful mentoring and sponsorship programmes for our colleagues from diverse backgrounds. We have multiple active employee network groups which champion issues including gender, ethnicity, sexual orientation, disability and neurodiversity. You can read more about our DE&I strategy and commitments here.
What’s clear about working at Just is that we care. We care about our customers, our purpose, our environment, inclusivity, wellbeing and most importantly - each other. We look forward to welcoming you to the team soon.