Senior Investment Analyst - Structured Credit & Mortgages

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.

L&G Institutional Retirement looks after around 700,000 institutional customers who have their retirement benefits secured with us. Operating continuously in the UK market from our entrance in 1987, we are the UK’s longest-running insurer.

Our Institutional Retirement business is the UK’s longest-serving active bulk annuity provider.

Institutional Retirement is the only insurer to have been operating continuously in the UK market from our entrance in 1987 to the present day. Our UK retirement annuity book stands at an estimated £86.1 billion at 31 December 2023.

Across our retail and institutional retirement businesses, we look after more than 1 million customers, around c.700,000 of whom are institutional customers who have had their retirement benefits secured with us.

We're looking for a Senior Investment Analyst to join our Structured Credit & Mortgages team within Institutional Retirement Investments. You'll help assess new investments, monitor existing portfolios and work across areas including securitisations, mortgages and other asset-backed opportunities.

This could suit someone coming from investments, banking, structured finance, credit, a rating agency, actuarial or advisory background who has strong analytical foundations and wants to broaden their investment experience.

• Supporting the underwriting and assessment of new structured credit and mortgage investments
• Analysing financial information, cashflows, structures, collateral and key investment risks
• Reviewing transaction documentation, rating agency materials and due diligence
• Researching structured credit markets, issuance trends and relative value
• Working with Asset Management colleagues and overseeing relevant investment mandates
• Monitoring portfolios, performance, risk metrics and emerging issues
• Preparing investment papers and governance materials for decision-making
• Building your knowledge across structured credit, private fixed income and insurance investing

• A strong grounding in credit analysis, fixed income, investments or a closely related area
• Relevant experience gained within investments, banking, structured finance, credit, a rating agency, actuarial or advisory environment
• Exposure to structured finance concepts and an understanding of how cashflows, collateral, ratings and structural protections interact
• Strong Excel and financial modelling capability
• Confidence analysing information and turning it into clear, evidence-based conclusions
  
  Strong written and verbal communication with good attention to detail
• Curiosity and an appetite to learn new asset classes and investment topics
• A collaborative and adaptable approach to working across different teams and priorities

• 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…