| Job Title: | Solvency II – Associate - Corporate Credit Specialist |
|---|---|
| Reference: | X00028 |
| Salary: | £Competitive Salary + Excellent Flex Benefits |
| Location(s): | London |
| Industry(s): | Financial Services, Public Sector, Risk |
| Advertiser: | Financial Services Authority |
| Employment Type: | Permanent |
| Posted: | 05-03-2010 |
Description:
Solvency II – Associate - Corporate Credit Specialist£Competitive Salary + Excellent Flex Benefits
Canary Wharf – London
Protecting consumers and maintaining confidence in the financial system are two of our key objectives at the Financial Services Authority (FSA). Our Prudential Risk Division (PRD) plays a vital role in achieving these by drawing on its expertise to ensure appropriate risk management and that regulated firms are adequately capitalised. Within PRD, the Credit Team’s main area of focus is on overall firm credit risk for wholesale, retail and structured finance. Join us and you’ll support us in areas ranging from portfolio quality and credit risk governance and management to portfolio management, thematic reviews, structured finance and stress testing.
Supporting the Wholesale Credit Risk Team subject leader, you’ll provide feedback to Supervisors on your dealings with regulated firms and FSA divisions – such as Supervision and Policy, not to mention relevant industry issues. You will also bring your analysis to bear on firm reviews and portfolio investigations and provide ongoing support to the department as it assesses and approves models relating to Solvency II. Drilling down into how firms work, monitoring their assets and exposures, and benchmarking them against their peers will all be part and parcel of your wide-ranging role.
We are looking for an experienced professional with an impressive grasp of credit and other key risks relevant to insurance firms, as well as the various business models within the sector and their asset/liability classes. You will also bring an all-round awareness of the various products being sold to the firms by banks and the implications of using these and a thorough knowledge of rating agency methodologies. Solid communication and well-developed stakeholder management skills are a must.
In return, we can offer you an unrivalled breadth of exposure to the market, as well as the opportunity to work alongside key institutions such as the Bank of England and international regulators.
If you’re keen to contribute your skills and experience to Solvency II implementation, find out more and apply by clicking here, quoting reference X00028.
