Covenant Consultant

Credit Risk Consultant / Covenant Consultant

Do you want to work with senior leaders from a range of the UK's leading companies and their pension schemes? Are you interested in joining a growing team aiming to address the challenges facing UK defined benefit pension schemes today? If so, then the Aon covenant team is for you!

Aon is currently recruiting a recently qualified accountant (or similar) into the Pensions Covenant & Security Team in London. The Consultant will be primarily responsible for providing pension scheme trustees and sponsoring companies with credit and corporate finance advice on the financial strength (the "covenant") of their sponsors, the impact and regulatory consequences of corporate activity, and the implications for the pension scheme's strategy.

This is a hybrid role with the flexibility to work both virtually and from our London office.

What the day will look like

• Producing high quality written financial strength analysis reports and presenting the findings to key stakeholders;
• Providing pension scheme trustees with advice on the financial strength of their sponsors and assessing the impact of any corporate activity (e.g. impact of M&A, special dividends, etc. on pension funds);
• Interacting with senior level pension fund trustees and company executives (normally at finance director or CFO level) and senior members of the Aon team both within the Covenant & Security team and more widely;
• Supporting the team in growing the covenant practice through internal and external networking channels.

Skills and experience that will lead to success

• Sound understanding of corporate financial statements and likely to have an accountancy (e.g. ACA or ACCA) or CFA qualification.
• Strong interpersonal, report writing and presentation skills.
• Candidates that are highly organised, able to manage competing priorities, and with excellent communication skills.
• Experience of working in a financial advisory environment such as restructuring, corporate finance, or transaction services would be positive.
• An understanding of employer covenant matters and/or DB pensions would be useful, but not required as training would be provided.

Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.