Asset and Trade Services Oversight, Senior Analyst

Legal & General (L&G) is a leading UK financial services group and major global investor.

We’ve been safeguarding people’s financial futures since 1836, and strive to build a better society, while improving the lives of our customers and creating value for shareholders.

We are one of the world’s largest asset managers and provide powerful asset origination capabilities. Together, these underpin our retirement and protection solutions: we are an international player in pension risk transfer, in UK and US life insurance, and in UK workplace pensions and retirement income.

L&G Asset Management is one of Europe’s largest asset managers, providing clients and partners with complex, responsible investment solutions, across public and private markets. As a global investor, we are present where our clients most need us – from Hong Kong and Singapore, to Chicago and major European financial hubs.

Created by combining our investment management (LGIM) and asset origination (LGC) capabilities, our Asset Management division works with our Institutional Retirement and Retail divisions to benefit our clients and customers – which include individual savers, pension scheme members and global institutions – and deliver enhanced shareholder returns.

Joining us means becoming part of a market-leading team, with capabilities across the full spectrum of asset classes, with an enduring commitment to responsible investment and creating long-term, sustainable value for our clients and partners.

We’re currently looking to hire an Asset and Trade Services Oversight, Senior Analyst to join L&G Asset Management

We’re looking for someone to lead the oversight of all Trade Management processes across our outsourced Middle Office teams and retained functions. You’ll play a key role in supporting L&G’s global trading activity — ensuring accuracy in trade booking, confirmation, settlement, and fail management across Equity, Fixed Income, FX, Repo, and Liquidity products

What you’ll be doing:

• Completing daily tasks incl. Trade Booking management, Trade Confirmation, Settlement & Fail management in accordance with market and risk criterion. Supporting any project demands in regards to either transition of business and/or Client led development of Trade Services offerings to satisfy our clients demands
• Working with L&G stakeholders, Middle Office provider, Broker, Custodian and Vendors to ensure that all services are managed and risk is mitigated timely
• Working in partnership and collaboration with team members and outsourced provider to ensure daily tasks are completed in line with agreed service standards and deadlines (incl. accuracy, timeliness, and client service measures)
• Assisting the outsource provider with agreed retained services delivery for the respective service area
• Monitoring the daily & weekly service delivery KPI / KRIs and escalate issues accordingly
• Taking ownership and investigation of queries/issues that may arise, escalating and reporting any inconsistences to supervisor or manager in a timely manner
• Identify control weaknesses relating to trade services operating model and recommend and implement procedural and process change in partnership with team members, manager, and outsourced provider where applicable
• Ensuring end to end understanding of all operational tasks and how they relate and impact all processes. Ensure standard ways of working are applied consistently

Who we’re looking for:

• You’ll have previous experience within Investment Operations with an understanding of Trade Services tasks, including Settlement disciplines for Equities, Fixed Income and FX products, fails management, trade booking and amendments, Repo transactions and lifecycles
• Understanding of Outsourced Service Model
• Demonstrated experience of the asset management industry/experience relevant to role and activities performed
• Client focussed and able to liaise with all levels of seniority internally and externally
• Experience in working with and overseeing 3rd party relationship service delivery
• Industry awareness of the outsourced service area and regulations governing it
• Experience using CRD (Charles River Investment Management system), TLM, Order management systems, SWIFT messaging
• Ideally has IMC or IOQ Qualification

Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:

• The opportunity to participate in our annual, performance -related bonus plan and valuable share schemes
• Generous pension contribution
• Life assurance
• Healthcare Plan (permanent employees only)
• At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday
• Competitive family leave
• Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice (permanent employees only)
• There are the many discounts we offer – both for our own products and at a range of high street stores and online
• In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart

At L&G, we believe it's possible to generate positive returns today while helping to build a better future for all. 

If you join us, you’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.

We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time, term-time and job shares. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can. 

It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose.