Delegated Solutions Manager - FTC

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.

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 tobenefitour 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.

We’re currently looking to hire a Delegated Solutions Manager to join L&G Asset Management Delegated Solutions team.

The Delegated Solutions team works with institutional investors globally to design, implement and manage holistic portfolio solutions, drawing on the full breadth of L&G and third-party capabilities to deliver against client-specific objectives.

The team’s work takes many forms including investment strategy design and portfolio construction, risk analysis and asset/liability modelling, the provision of investment advice, portfolio management and oversight, ongoing client engagement and bespoke reporting, and technology development and maintenance to support these activities.

Much of the Delegated Solutions team’s work leverages L&G’s existing capabilities – including the use of Index Funds, Multi-Asset Funds, Global Fixed Income, LDI, Real Assets and derivative strategies – alongside third-party manager capabilities. Combinations are assembled and managed by the Delegated Solutions team based on the team’s deep understanding of clients’ specific risks, objectives, and constraints

• Providing investment advice to trustees and officers of institutional clients
• Working with clients to understand their requirements and deliver innovative solutions
• Taking responsibility for checking that L&G can meet client requirements from a contractual and regulatory perspective
• Supporting the delivery of bespoke investment strategy analysis, risk modelling and portfolio construction
• Developing and maintaining proprietary investment tools and systems, including Python coding
• Communicating complex analysis and sophisticated ideas in a concise and understandable way, both in writing and in person
• Understanding the investment opportunity set for each client and proposing and enacting appropriate implementation solutions
• Working with clients and other internal teams to deliver bespoke client reporting

• Strong knowledge of major asset classes, derivatives and liability-driven investment
• Experience in investment strategy design, portfolio construction and risk analysis
• Experience providing investment advice to institutional investors
• An understanding of the UK defined benefit pension scheme environment, including its typical risks, objectives and regulatory considerations
• A structured and organised approach to…