Asset Origination Specialist

4 days ago


London, Greater London, United Kingdom PIC Full time

About PIC

Pension Insurance Corporation (PIC) is a leading provider of secure retirement incomes through comprehensive risk management and excellence in asset and liability management. Our purpose is to pay the pensions of our current and future policyholders.

Role Overview

  • This role sits within the Debt Origination Team, which is part of PIC Capital, PIC's wider private asset origination business that operates across various private markets.
  • The successful candidate will support the origination and execution of investment opportunities, with a specific focus on structured finance, including fund finance and asset backed securities (ABS).
  • This role requires collaboration with stakeholders across the business including Legal, Risk, Credit Research, Responsible Investing, and Finance.

Key Responsibilities

  • Responsible for sourcing, pricing, and structuring investment opportunities across a broad range of sectors suitable for an insurance company to match long-dated liabilities.
  • Actively participate in PIC's credit and investment committees to appropriately challenge, debate, and agree on existing and potential future assets.
  • Review and scrutinise all relevant due diligence documentation to ensure the risks of the transaction are documented and understood.
  • Taking ownership for personal learning and development in both technical and non-technical skills of private debt origination.
  • Stay informed of industry trends, market developments, and regulatory changes in the private debt space and structured finance sector.
  • Detailed knowledge of modeling complex cashflows for individual assets.
  • Familiarity with private debt markets.
  • An understanding of the Solvency UK regulatory framework for insurers.
  • Commercial judgement.
  • Good working knowledge of MS Excel, Bloomberg, MS PowerPoint, MS Word.

Requirements

  • CFA or similar professional qualification.
  • Front office experience working in an insurer, asset manager, pension fund, bank, law firm, or advisory firm on structured finance products.
  • Experience in reviewing loan/bond documentation for structured finance assets.

What We Offer

A competitive base salary of £80,000 - £110,000 per annum, plus the opportunity to participate in our annual performance-related bonus plan. You'll also receive private medical insurance, 28 days' annual leave (excluding bank holidays), a generous pension scheme, and much more.



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