Derivative Ops Senior Analyst

The world of investment is changing. Our vision at Legal & General Investment Management is to create a better, more sustainable future through responsible investing. We work in partnership with our clients around the globe to deliver positive long-term outcomes, while rising to the challenges of a rapidly changing world. Our clients include institutional pension funds, financial institutions, local authorities and sovereign wealth funds. To meet our clients’ complex and evolving investment needs, our investment strategies cover a broad array of asset classes and styles, including equities, bonds, property and alternatives, as well as multi-asset funds. We’re focused on continuously innovating our investment products, maintaining our reputation as experts across all asset classes, and striving to build a more responsible and sustainable future.

The primary function of the Derivative Operations function is to ensure all retained services (incl. Collateral Management and Derivative Trade Processing) and outsourced activities is effective managed and processed accordance with market deadlines and industry best practise, ensuring adherence to regulatory requirements and quality control.  

Duties include:

• Completion of daily derivative operations retained services / tasks (incl. Collateral Management, and Derivative Trade Processing) are managed effectively and are in line with market and regulatory deadlines. Proactively working with LGIM stakeholders, Outsource Provider, and 3rd Parties (Brokers, Custodians, Fund Accountants, Vendors) to ensure all asset services activities are managed.
• Work 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).
• Assist the outsource provider with agreed retained services delivery for the respective service area.
• Monitor the daily & weekly service delivery KPI / KRIs and escalate issues accordingly.
• Proactive ownership and investigation of queries/issues that may arise, escalating and reporting any inconsistences to supervisor or manager in a timely manner.
• Engage secondary service recipients (Client Service, Investments, and other Operational Teams) to ensure the service delivery is achieving standards for today and future business levels.
• Identify continuous improvement opportunities to drive the development of the outsource model (focus on enhancing control effectiveness and efficiency).
• Form strategic partnerships with service providers/vendors, leveraging network. Actively participate and represent LGIM at working parities/forums. Clearly articulate and share market information internally to appropriate stakeholders.

• Demonstrated experience of the asset management industry/experience relevant to role and activities performed.
• Ability to work under pressure and meet strict deadlines, KPI’s, KRIs and Service Levels.
• Flexible and able to adapt to changes in the process and procedures.
• Client focussed and able to liaise with all levels of seniority internally and externally.
• Strong knowledge in the outsourced service area covering operational service delivery knowledge and client expectations.
• Experience in working with and overseeing 3rd party relationship service delivery.
• Excellent planning, prioritisation, problem solving and organisation skills. Evidence of high degree of independent judgment for decision making.
• Flexible, adaptable, and able to multi-task in a fast paced and changeable environment. Having a positive attitude towards change.

Legal & General is a leading financial services organisation, 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’re one of the world's largest asset managers, homebuilders, pension providers and insurers. Connecting to form a unique business model which drives value for our customers and society. And enabling our people to create impact through work that is meaningful and valued.  

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 strive to be open, mindful, and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs. 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. 

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