The CFA Society of theUK, supporting ASIP, CFA and IMC professionals.

Role Description: Providing the analysis of life, general & composite insurers and reinsurers. Primary geographic location of counterparties is the UK & Ireland. Analysis of Non-Bank Financial Institutions (including Funds, Pension Funds, Fund Managers and Brokers) within this same geographic range may also be a feature. Key Responsibilities: Ongoing liaison with colleagues in Europe to ensure that reviews are completed in the required format and within the necessary timescales. Update of internal credit risk systems, including the credit risk limit monitoring system, to ensure that data integrity for Insurance/NBFI counterparties within SGBM's portfolio of assets is accurately maintained. Ensuring that appropriate documentation is executed for Insurance/NBFI counterparties, including responsibility for recommending triggers, covenants and credit support documents therein. Undertaking due diligence meetings with Insurance/NBFI counterparties where necessary, with the support of other Team members if appropriate. Key Requirement: Spanish language skills to a working level would be desirable. 2-3 years' credit experience, ideally with time spent analysing NBFI/Insurance companies. Exceptional candidates with experience of financial institution/bank or corporate analysis will also be considered. Relevant experience in financial markets providing a working knowledge of capital markets and treasury products. Ideally, this experience should include the range of repo, stock borrowing/lending, equity financing and equity derivative products. Ability to undertake in-depth financial and ratio analysis. Ability to work to tight timescales, when required. Understanding of legal and documentation issues, particularly derivatives and loan documentation. Good familiarity with the NBFI/Insurance company rating criteria and practice of the ratings agencies Standard & Poor's and Moody's. .