Data Ops - PMC Index 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. 

Our global asset management business provides our clients and partners with complex, responsible investment solutions, working internationally across public and private markets. 

Who we are 

We are one of Europe’s largest asset managers and a major global investor across public and private markets.

Asset Management is a critical driver of our Group strategy. The business aims to work synergistically with our Institutional Retirement and Retail divisions to benefit our clients and customers, and deliver enhanced shareholder returns.  

Our investment philosophy and processes are focused on creating value over the long term. We believe that incorporating financially material sustainability criteria, when relevant to our clients, can create value and drive positive change. 

We’re currently looking to hire a Data Ops – PMC Index Data Analyst to join L&G Asset Management Data Operations team

The Data Ops - PMC Index Analyst plays a critical role in managing benchmark data within Scope, the core system supporting the PMC fund range at Legal & General Asset Management. This position is responsible for ensuring that all new benchmarks and amendments requested by PMC clients are accurately processed in Scope and promptly made available to the Performance and Investment teams for reporting

In this role, the analyst will collaborate closely with Client Onboarding, Relationship Managers, the IMC Front Office, and Performance teams to guarantee that benchmarks are constructed and configured correctly and delivered on schedule. Additionally, the analyst is expected to provide support across broader business-as-usual (BAU) operational activities, assisting the team as needed to maintain seamless operations

What you’ll be doing:

• Interpreting benchmark instruction letters from L&G AM’s clients relating to new benchmark construction, or existing benchmark amendment purposes
• Processing benchmark requirements within Scope (L&G AM’s Front Office platform) to construct new benchmarks or amend existing benchmarks in line with the client instructions
• Liaising with Client teams, Front Office IMC teams, Performance and Operational teams to ensure BAU benchmark instructions are processed in an accurate and timely manner and communicated to the relevant business areas
• Providing support across broader BAU operational activities and assist the wider team to help maintain seamless operations.
• Maintaining the timeliness and integrity of core business index and oversee the daily production and delivery of index data to our data consumers
• Acting as one of the Index Data subject matter experts to our internal data consumers and stakeholders
• Working closely with our Vendor Management team in working with our index data vendors, including creating, agreeing and monitoring service levels and to track open incidents, requests and queries
• Supporting Data Services in becoming a global team, ensuring that cross-training takes place and that coverage exists to support BAU activities outside of London hours

Who we’re looking for:

• Previous background in investment management data or financial data management preferred
• Good understanding of index data, index data providers, index composition and index feed file types
• Knowledge of index valuation types and calculating index returns
• You'll have an understanding of performance measurement, performance attribution, performance management and performance reporting
• Good knowledge and understanding of market data and reference data spanning equities and fixed income; this will include instrument identification, industrial classifications, pricing and corporate events
• Understanding of currency hedging
• Proactive problem solver who takes responsibility for finding a solution and for driving continuous improvement
• Proficient with MS Excel, file handling tools and SQL

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.