Cash Management Specialist

Legal & General 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 a Cash Management Specialist to join Legal and General Asset Management. As Cash Management Specialist you’ll oversight the outsourced functions for Cash & Stock reconciliations, Overdrafts, interest claims & other related functions

What you'll be doing:

• Oversight of the outsourced Cash (Daily) & Stock (Weekly) Reconciliation services and Oversight of the outsourced Overdraft processes
• Ownership and resolution of high value, high-risk breaks in an accurate and timely manner
• Improve Overdraft monitoring to drive down overdrafts and subsequently costs.
• Interest claim management for Fails, Overdrafts & CSDR Penalty Fees.
• Ensuring adherence to relevant guidelines and regulations, e.g. ISITC, CSDR, CASS.
• Production of MI and other relevant reporting
• Manage tasks from beginning to end, investigating, and resolving any problems and reporting any inconsistencies as appropriate
• Review processes to identify potential improvements ensuring a controlled environment and reduction of errors
• Support the team with the resolution of day-to-day operational issues and resolve anomalies to ensure high level of customer service and accurate transactions
• End to end understanding of team’s tasks and how they relate to and impact all processes, ensuring standard ways of working are applied consistently

Who we're looking for:

• Familiar with a Outsource provider Operating Model
• Experience of challenging working practices and adaptability to change
• Technical knowledge/experience relevant to role, Reconciliations knowledge and equity/fixed income product knowledge would be preferred
• Evidence of effective working relationships with stakeholders.
• Ability to understand issues and assist with finding innovative solutions to problems.
• Understanding of relevant guidelines and regulations,
• Good communication skills both verbally and written and Strong analytical and written skills.

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   
• Private medical insurance (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 
• 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 

Legal & General is a leading financial services group and major global investor, named Britain’s Most Admired Company in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future.

We aim to build a better society for the long term by investing our customers’ money in things that make life better for everyone.

If you join us, you’ll be part of a welcoming 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 strive to be open, mindful and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs.

If you’re open to find out more, we'd love to hear from you.