Portfolio Manager - Restructure and Execution

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 Restructure Execution team sits within the Investment Strategy Management department; it is responsible for bespoke and complex client/pooled change events. The Restructure Execution team supports clients coming into/out of LGIM or making changes within LGIM.

The Restructure Execution Managers work in partnership with a team of project managers and fund managers to deliver complex investment change. The Restructure Execution team is responsible for: 

• Management of finite number of transitions & change events that can cover all products & instruments
• Strategy design & implementation  
• Ownership for high risk pooled change
• Production of tailored pre, intra & post trade reporting

The job holder will work with other areas within LGIM including Institutional Business, Global Trading, Index Fund Management, LDI, Active Fund Management, L&G group companies, Legal and Operations.

The job holder will be responsible for conducting key functions in the costing, managing and implementing of transitions as well as contributing and providing support to other team members as required.

The team’s primary focus is the management of multi-asset transitions and the associated support for the entire process. 

Responsibilities

• Managing complex transitions involving all asset classes with minimal oversight and support
• Engaging with project stakeholders independently and alongside project managers to identify implementation objectives and constraints.
• Formulating proposed trading and implementation strategies around change
• Liaising with other departments and teams as required to deliver a consistent high quality solution to all clients.
• Ensuring that procedures are adhered to and that you are fully engaged regarding risk, regulatory and compliance requirements
• Providing both technical expertise and market knowledge when required either pre, during or post a restructure. Supporting Client Directors when planning a transition (e.g. explaining strategy) and following implementation. Presenting to clients where required.
• Providing internal education and sharing best practice on the issues and costs of restructuring mandates
• Helping with the design and development of strategic and tactical IT solutions

Essential skills

• Experience of financial markets
• Experience analysing complex investment problems
• Detailed knowledge of risk management approaches and measures
• In depth knowledge of derivatives, including pricing and application to portfolios
• Excellent excel skills

Desirable skills:

• Strong depth of pooled products
• Experience in asset manager and/or fund management
• Experience of coding

Development value for you: 

• Opportunity within a diverse division which is strategically important to LGIM.
• Opportunity in a growing division which is strategically important to LGIM.
• Further development leading to greater responsibility in research and investment decision making

When you commit to Legal & General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.

If you join us, you’ll get access to some great benefits, including private medical insurance, at least 25 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. You can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice. We’re also proud to offer competitive family leave. 

You’ll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. And then there are the many discounts we offer that you can take advantage of – both for our own products and at a range of high street stores and online offerings

The brand with the brolly is choosing today to change tomorrow.

Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands. 

We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet.

We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.

At L&G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.

Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&G. Will you join us?

Great minds don’t have to think alike, so we welcome voices from all backgrounds. Bringing together people with different life experiences helps us build empathy with our customers and drive innovation.

We don’t just talk about it, we actively promote diversity and equitable opportunities for all. That means our employment decisions are made without regard to race, colour, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability or protected veteran status. In fact, we embrace every dimension of diversity to reflect the customers and communities we serve.

We think it’s important to create an inclusive environment where we can all belong, contribute and drive progress, where you can develop and grow, and be empowered. We want you to use your voice to help us build a better tomorrow.

We all work differently, and have different needs, which is why. we’re always open to discussing flexible working arrangements. Likewise, we’re committed to finding reasonable accommodations for candidates with specific needs during our recruiting process.

So whoever you are, wherever you are, whatever your story, we'd love to hear from you.