Senior Analyst - Derivative Operations - 12-Month FTC

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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.

Please note this is a 12-month Fixed-Term Contract role.

Job Description

Join our Middle & Back Office Oversight team and play a key role in supporting LGIM's global trading activities. You'll help ensure our derivative operations and securities lending processes run smoothly, collaborating closely with outsourced providers, internal partners, and market counterparts. This is an opportunity to work in a fast-paced environment where your analytical skills, attention to detail and drive for excellence can make a real impact.

What you'll be doing:

• Managing daily retained derivative operations activities, including trade processing and securities lending, in line with market and regulatory deadlines
• Partnering with internal teams, outsourced providers and third parties to ensure timely, accurate and effective service delivery
• Supporting the oversight, review and completion of daily operational tasks with a focus on quality and client service
• Monitoring KPI and KRI performance and escalating service issues when needed
• Investigating and resolving operational queries, ensuring clear communication and timely escalation
• Identifying and recommending improvements across processes, controls and operating models
• Contributing to the development and maintenance of procedures, workflows and standard ways of working
• Building strong relationships with stakeholders and participating in service reviews, working groups and industry forums

Qualifications

Who we're looking for:

• Experience within asset management operations, particularly in derivatives and/or securities lending
• Knowledge of OTC and cleared derivative products (e.g., IRS, CCS, TRS, CDS, equity options)
• Confident ability working with trade lifecycle events, cashflow calculations and collateral processes
• Familiarity with regulatory frameworks such as EMIR and MiFID, plus systems such as OSTTRA Markit and SWIFT
• Strong planning, organisation and problem-solving skills, with the ability to work under pressure
• A collaborative mindset and the ability to work effectively with internal and external partners
• Excellent communication skills, with the ability to present information clearly in both written and verbal form
• A proactive, adaptable approach with strong attention to detail and a commitment to 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

Additional Information

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.