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- Tasks: Oversee market and liquidity risks, advising on investment proposals and ensuring sound decision-making.
- Company: Join Legal & General, a leading UK financial services group with a global impact.
- Benefits: Enjoy competitive pay, generous holidays, healthcare, and a chance to earn bonuses.
- Other info: Flexible working options available, promoting a healthy work-life balance.
- Why this job: Make a real difference in financial futures while working in a supportive, inclusive environment.
- Qualifications: Experience in investment roles, strong analytical skills, and knowledge of Solvency II required.
The predicted salary is between 70000 - 90000 £ per year.
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.
We’re looking for a Senior Market & Liquidity Risk Manager to provide independent oversight, insight and challenge across a diverse investment portfolio within our Institutional Retirement business. In this role, you’ll work closely with investment and senior leadership teams, helping to shape sound decision‑making across complex fixed income assets while supporting strong risk outcomes for customers and the wider Group.
What you’ll be doing:
- Providing independent oversight of market and liquidity risks across investment portfolios
- Assessing the impact of investment risks on portfolios and the Group balance sheet
- Advising on Matching Adjustment eligibility and investment‑related regulatory requirements
- Delivering risk opinions on new asset classes and complex investment proposals
- Reviewing and challenging large and complex asset transactions to ensure risks are identified and mitigated
- Collaborating closely with asset origination and investment teams to manage pipelines and sourcing activity
- Supporting senior stakeholders, committees and boards with clear risk insight and challenge
- Helping to develop and maintain a strong risk management, governance and control environment
Who we’re looking for:
- In‑depth knowledge of Solvency II, including Matching Adjustment and capital requirements
- Experience in a first or second line investment‑focused role within the insurance sector
- Strong understanding of market risk, liquidity risk and fixed income investments
- Experience assessing complex investment proposals, including private credit and structured assets
- Ability to provide clear, constructive challenge and balanced risk advice to senior stakeholders
- Strong analytical skills with the confidence to exercise sound judgement
- Experience working collaboratively across multidisciplinary teams
- Clear and effective communication skills, including written reporting for senior audiences
Benefits:
- 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
- We’re creating net‑zero carbon workplaces by 2030 by investing in our sustainable, modern offices across the UK, all designed to bring people together and elevate the in‑person experience
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.
Senior Market Risk Manager employer: Legal And General Group
Contact Detail:
Legal And General Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Market Risk Manager
✨Tip Number 1
Network like a pro! Reach out to connections in the finance and investment sectors, especially those who work at L&G or similar companies. A friendly chat can open doors and give you insider info on the role.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Solvency II and market risks. Be ready to discuss how your experience aligns with the responsibilities of a Senior Market Risk Manager. We want to see your analytical skills in action!
✨Tip Number 3
Showcase your collaborative spirit! Highlight examples where you've worked with multidisciplinary teams to tackle complex investment proposals. This will demonstrate your ability to fit into L&G's culture of teamwork.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of our mission to improve lives and create value.
We think you need these skills to ace Senior Market Risk Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Market Risk Manager role. Highlight your experience with market and liquidity risks, and don’t forget to mention any relevant knowledge of Solvency II. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your background makes you a perfect fit. Be sure to include examples of your analytical skills and experience in investment-focused roles.
Showcase Your Communication Skills: Since clear communication is key for this position, make sure your written application reflects that. Use concise language and structure your thoughts logically. We want to see that you can convey complex ideas simply and effectively!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way to ensure your application gets to us directly. Plus, you’ll find all the details you need about the role and our company culture there. We can’t wait to hear from you!
How to prepare for a job interview at Legal And General Group
✨Know Your Risk Fundamentals
Make sure you brush up on your knowledge of market and liquidity risks, especially in relation to fixed income investments. Be prepared to discuss how these risks impact portfolios and the Group balance sheet, as this will show your understanding of the role's core responsibilities.
✨Prepare for Scenario Questions
Expect to face scenario-based questions where you'll need to assess complex investment proposals or large asset transactions. Practise articulating your thought process on how you would identify and mitigate risks in these situations, as this demonstrates your analytical skills and sound judgement.
✨Showcase Your Collaborative Spirit
Since the role involves working closely with multidisciplinary teams, be ready to share examples of how you've successfully collaborated in the past. Highlight your communication skills and how you've provided constructive challenge to senior stakeholders, as this is key to the position.
✨Understand Regulatory Requirements
Familiarise yourself with Solvency II regulations, particularly around Matching Adjustment and capital requirements. Being able to discuss these topics confidently will not only impress your interviewers but also show that you're well-prepared for the challenges of the role.