Corporate Action & Lending Support Specialist

Company Description 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.

Job Description We’re recruiting for a Corporate Action & Lending Support Specialist, primarily focused on the Corporate Actions vertical within the Asset Servicing Oversight team, this role provides oversight and support to Asset Management front office teams and outsourced partners across the full corporate actions lifecycle, including both mandatory and voluntary events such as notifications and election management.

Operating within the Middle Office Asset Services function, it ensures an efficient and effective service aligned with broader departmental and global business objectives. The role also involves analysing and managing corporate action events, including those related to loaned securities, ensuring accurate entitlement calculations, effective borrower communication, and seamless end-to-end settlement while minimising operational and counter party risk.

The primary function of the Asset Services function is to ensure all retained services (incl. Corporate Actions, Tax, Proxy, Income Claims and Class Actions) and outsourced activities is effective managed and processed accordance with market deadlines and industry best practise, ensuring adherence to regulatory requirements and quality control.  

What you’ll be doing :

Supporting Corporate Actions and securities lending oversight, managing the end-to-end lifecycle including notifications, re-notifications and election responses

Overseeing outsourced provider performance against agreed service standards, ensuring accuracy, timeliness and quality of client service

Assisting outsourced providers in delivering retained services and maintaining effective operational support models

Monitoring daily and weekly KPIs/KRIs, identifying issues and escalating risks in a timely manner

Managing operational risk across internal teams and providers, reviewing controls, ensuring regulatory compliance and communicating clearly with senior stakeholders

Coordinating corporate action events, including monitoring announcements, interpreting impacts, managing entitlements on loaned securities and aligning stakeholders on elections

Performing reconciliations, ensuring accurate entitlement calculations and driving timely settlements while minimising operational and counter party risk Driving stakeholder engagement and continuous improvement, strengthening service delivery, enhancing automation and control effectiveness, and contributing to governance, regulatory awareness and strategic initiatives

Who we’re looking for:

Demonstrating extensive expertise in corporate actions across multiple asset classes, managing securities lending events, supporting front office execution, working to tight deadlines, navigating full lifecycle complexities, and communicating effectively across diverse stakeholders

Demonstrating strong…