Private Credit Operations Manager

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. 

Are you ready to take the lead in shaping the operational backbone of a dynamic Private Credit business? At L&G Asset Management, we’re looking for an experienced and forward-thinking Operations Manager to join our team. This is a fantastic opportunity to play a pivotal role in ensuring robust governance, seamless deal flow, and effective oversight of outsourced service providers, all while supporting a high-performing team.

What you’ll be doing:

• Managing Private Credit deal flow, including pipeline, trade execution and settlement activities
• Designing and implementing governance policies and procedures across Private Credit business lines
• Overseeing outsourced loan administrators and fund accountants, including KPI monitoring
• Leading and supporting a team of junior associates to deliver operational excellence
• Acting as the key liaison between front office and fund accounting/investment operations teams
• Delivering accurate and timely management information to internal stakeholders
• Enhancing operational controls and procedures to support business growth and compliance
• Collaborating with internal teams and third parties to ensure effective risk management and process improvement

Who we’re looking for:

• A 2:1 degree (or equivalent) and a professional qualification (ACA, ACCA or CIMA)
• Experience in Private Credit or Investment Management, with strong IFRS and fund accounting knowledge
• Proven ability to lead teams and influence stakeholders in a dynamic environment
• Strong analytical, numerical and decision-making skills
• Experience implementing funds from inception through to disposal
• Knowledge of MiFID II and regulatory compliance frameworks
• Excellent communication skills with the ability to present to senior management and clients
• A strategic mindset with a flexible, adaptable approach to change and continuous improvement

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.