FIND YOUR 'BETTER' AT AIA
We don’t simply believe in being ‘The Best’. We believe in better - because there’s no limit to how far ‘better’ can take us.
We believe in empowering every one of our people to find their 'better' - in the work they do, the career they build, the life they live and the difference they make. So that together we can support even more people - including our own - to live Healthier, Longer, Better Lives.
If you believe in better, we’d love to hear from you.
About the Role
This role is accountable for producing comprehensive and timely credit research, as well as managing the approval processes for credit issuers, internal ratings, and limit settings to ensure effective governance of corporate credit and government guaranteed portfolios. The position also entails stewardship of an assigned credit research portfolio to support overall portfolio performance and competitive peer positioning.CREDIT RESEARCH PORTFOLIO
Responsible for providing investment opinions and trade ideas to a number of Investment teams within Fixed Income.
Analyse dynamic credit situations and develop investments thesis and trade ideas.
Monitor credit risk of existing holdings across the various portfolios to assess continued exposure and develop robust risk mitigation approaches and process improvements.
Research new investment ideas for portfolio consideration.
Focus on continuous improvement in areas of credit modeling and monitoring systems.
Ensure annual reviews of holdings in the existing portfolio as well as write and publish high quality research papers on the sectors of expertise to support investment decision.
Ensure all holdings are supported by research paper and analysis is not stale.
Ensure timely turnaround in credit approval by Group Investment, by having the ORRs assigned to respective issuers by Credit Analysts are in accordance to Group Risk’s final ORR and limit assignment of the issuers.
* Each Credit Analyst is assigned sectors for coverage, which differ from the level of complexity and number of companies per sector.
Initiate AAMP (special approval) for any issuer and sector. Timely approval by having the ability to gauge successfulness of obtaining the approval within timeline.
Support in the management of meetings
Participate in discussions at Group Investment meetings, for eg, Weekly Fixed Income calls and Fixed Income Quarterly Portfolio Review Meetings.
Oversee the maintenance of own proprietary Credit Research on Risk Origin (Group system for credit).
Manage any defaulted / restructuring issues by having a comprehensive plan to negotiate with issuers and other bondholders in achieving the best outcome for AIA, including seeking relevant approvals.
Formulate calls on securities to assist the Portfolio Managers in enhancing total return on IL funds.
COMPLIANCE
Ensure compliance with investment parameters and requirements from both internal and regulatory.
Ensure adherence to policies, operating guidelines, processes and procedures.
Any breach shall be reported with explanation leading to the breach and action to rectify.
Ensure audit trail is available for compliance and audit check.
Ensure appropriate approval is being sought prior to execution.
Degree in Finance / Accounting / Economics / Business or other quantitative fields.
A CFA charterholder is preferred.
Strong aptitude in alpha generation, financial model analysis and strong communication skills.
Understanding of Asian macro-economic environment and Asian Fixed Income markets.
Understanding of capital regimes of financial institutions such as Basel II/III and Solvency II or regulatory regimes for corporates.
Minimum 5+ years of relevant experience.
Strong decision making skills to identify the best risk / reward opportunities among investment universe using a combination of relative value, market technical and bottom-up fundamental analysis.
Think out of the box to drive innovation by introducing new Fixed Income asset classes / investment strategies with concise and actionable strategy pieces.
Strong leadership and engagement skills to drive the success of team and cultivate cooperation across internal functions.
Process driven with structural approach.
#LI-DNI
Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.
You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.
Skills Required
- Degree in Finance, Accounting, Economics, Business or other quantitative field
- Minimum 5+ years of relevant credit research or fixed income investment experience
- Strong aptitude in alpha generation and financial model analysis
- Strong communication skills
- Understanding of Asian macroeconomic environment and Asian Fixed Income markets
- Understanding of capital regimes (Basel II/III, Solvency II) or corporate regulatory regimes
- Strong decision-making to identify risk/reward using relative value, market technicals, and fundamental analysis
- Ability to innovate fixed income asset classes and investment strategies
- Strong leadership and engagement skills to drive team success and cross-functional cooperation
- Process-driven with a structured approach
- CFA charterholder
- Experience with Risk Origin (Group credit system) and credit modeling/monitoring systems
What We Do
AIA Group Limited is a multinational insurance and financial services corporation headquartered in Hong Kong, providing life insurance, savings, and health protection products across the Asia-Pacific region.
