Credit Rating Specialist
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Job Title: Credit Rating Specialist
Contract Type: Permanent
Location: London/Alderley Park/Edinburgh
Working style: Hybrid 50% home/office based
Closing date: 25th March 2026
This is an exciting opportunity to join our BPA business as a Credit Rating Specialist. Youll play a key role in assessing and monitoring the credit quality of illiquid unrated assets within our Matching Adjustment portfolio - an area that is central to supporting our growing annuity business. Youll contribute to credit risk assessment internal model calibration and regulatory engagement helping us maintain strong risk management and a robust capital framework.
About the role
- Prepare Credit Quality Assessments (CQA) for illiquid unrated assets within the Matching Adjustment portfolio.
- Conduct regular reviews and monitoring of credit ratings for private and illiquid assets.
- Support calibration of Internal Model stresses for private assets.
- Develop rating approaches for new asset classes.
- Contribute to discussions and submissions to the PRA regarding new illiquid asset classes.
- Collaborate with colleagues across Investment Office and Group Actuarial to understand the risks associated with these assets.
About you
- Expert understanding of CRA credit rating methodologies for private fixed income markets.
- Detailed knowledge of private fixed income markets.
- Strong communication skills with the ability to influence senior stakeholders and regulators.
- Ability to manage multiple deliverables and work collaboratively across the wider business.
- Comfortable providing constructive challenge while maintaining productive working relationships.
About Royal London
Were the UKs largest mutual life pensions and investment company offering protection long-term savings and asset management products and services.
Weve always been proud to reward employees by offering great workplace benefits such as 28 days annual leave in addition to bank holidays an up to 14% employer matching pension scheme and private medical insurance. You can see all our benefits here - Our Benefits
Inclusion diversity and belonging
Required Experience:
IC
Key Skills
About Company
From Pensions to Retirement, Savings, Investments and Life Insurance, Royal London has been helping people plan for life’s financial milestones since 1861.
