Credit Rating and Research Manager
Job Title: Credit Rating and Research Manager
Location: Buckinghamshire
Reporting to: Chief Investment Officer
Responsibilities:
* Develop and maintain risk and rating framework, ensuring risks are documented and approved for each asset class
* Conduct thorough analysis of liquid and private credit portfolio and new opportunities and effectively communicates those outcomes
* Complete annual review cycle of rating methodology of external manager and internal ratings on the portfolio
* In collaboration with the fund manager, gather and process information on proposed asset classes and transactions, including the review of the market, publicly rated peers, transaction structure and legal documentation
* Portfolio monitoring, working with fund manager to ensure information flow and on-going monitoring of the loan portfolio
* Criteria development and processes, owning the internal rating procedures
* Contribute to the development and maintenance of the partial internal model for credit risk
* Ensuring comparability of internal and external ratings approach through update of internal criteria in response to external evolution
* Data management, identifying, designing and implementing internal process improvement
* Support the wider investment team and CIO as required
* Comply with the FCA’s conduct (and senior conduct) and Consumer Duty rules and the PRA’s conduct (and senior manager conduct) standards.
* Notify the regulator(s) of matters reasonably expected to be notified.
Core Competencies:
* Understanding of the key risk and controls needed for managing unrated credit.
* Ability to communicate effectively at all levels, including Board level, and to motivate a team.
* Good presentation, communication, delegation, negotiation and conflict management skills.
* Critical thinking and problem solving skills.
* Excellent knowledge and experience of credit risks and rating methodologies.
* Excellent planner and organiser, pragmatic, adaptable and flexible.
* Strong customer, stakeholder and people management skills
* Strong project management skills
Experience and Qualifications:
* Credit Ratings or risk background with 5+ years in similar role or at Ratings Agency.
* Experience in the asset management/investment or Rating agency industry.
* Experience managing relationships with a range of third parties and Investment Managers, preferably external.
* Experience of the regulatory environment and industry awareness in the UK for life offices and working with the regulators.