At a Glance
- Tasks: Join our Liquidity Management team as an Assistant Fund Manager, supporting fund strategies and client pitches.
- Company: Legal & General is a leading UK financial services group focused on safeguarding financial futures since 1836.
- Benefits: Enjoy performance bonuses, generous holidays, healthcare plans, and discounts at various retailers.
- Other info: Flexible working options available; we value outcomes over attendance.
- Why this job: Grow your investment career in a supportive, inclusive environment with opportunities for collaboration and development.
- Qualifications: Experience in asset management or banking; pursuing professional qualifications like IMC or CFA is a plus.
The predicted salary is between 36000 - 60000 £ per year.
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.
L&G Asset Management is one of Europe's largest asset managers, providing clients and partners with complex, responsible investment solutions, across public and private markets. As a global investor, we are present where our clients most need us – from Hong Kong and Singapore, to Chicago and major European financial hubs.
Created by combining our investment management (LGIM) and asset origination (LGC) capabilities, our Asset Management division works with our Institutional Retirement and Retail divisions to benefit our clients and customers – which include individual savers, pension scheme members and global institutions – and deliver enhanced shareholder returns.
Joining us means becoming part of a market-leading team, with capabilities across the full spectrum of asset classes, with an enduring commitment to responsible investment and creating long-term, sustainable value for our clients and partners.
Job Description
Are you ready to take the next step in your investment career? At L&G Asset Management, we're looking for a motivated and detail-oriented Assistant Fund Manager to join our Liquidity Management team. This is a fantastic opportunity to work alongside experienced professionals, contribute to strategic fund decisions, and grow within a supportive and inclusive environment.
What you'll be doing:
- Supporting the development and execution of money market fund strategies across Euros, Sterling, and US Dollars
- Monitoring and managing liquidity funds in line with internal, regulatory, and rating agency standards
- Building and maintaining relationships with trading counterparties and fund administrators
- Developing a deep understanding of the money market fund industry and its evolving best practices
- Assisting in the preparation and delivery of client pitches and fund reviews
- Collaborating with senior fund managers on portfolio management and investment decisions
- Engaging with global trading and liquidity initiatives across the business
- Contributing to the continuous improvement of operational and investment processes
Qualifications
Who we're looking for:
- Proven experience in asset management, banking, or treasury, or other relevant fields
- A desire to pursue or current progress toward professional qualifications such as IMC or CFA
- A methodical mindset with strong awareness of investment and operational risk
- The ability to work effectively under pressure and manage multiple priorities
- Strong communication and influencing skills across a range of stakeholders
- A collaborative approach with the ability to work independently when needed
- A client-focused attitude and a commitment to delivering high-quality outcomes
- A proactive mindset and a strong work ethic
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.
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Assistant Fund Manager employer: Legal & General
Contact Detail:
Legal & General Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Fund Manager
✨Tip Number 1
Familiarise yourself with the latest trends in the money market fund industry. Understanding current best practices and regulatory changes will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals already working in asset management or related fields. Attend industry events or join relevant online forums to build connections that could provide insights or even referrals for the Assistant Fund Manager position.
✨Tip Number 3
Showcase your analytical skills by discussing any relevant projects or experiences where you've successfully managed multiple priorities under pressure. This will highlight your methodical mindset and ability to thrive in a fast-paced environment.
✨Tip Number 4
Prepare to discuss how you would approach building relationships with trading counterparties and fund administrators. Having a clear strategy for collaboration can set you apart as a candidate who understands the importance of teamwork in asset management.
We think you need these skills to ace Assistant Fund Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in asset management, banking, or treasury. Emphasise any professional qualifications you are pursuing, such as IMC or CFA, and showcase your methodical mindset and strong communication skills.
Craft a Compelling Cover Letter: In your cover letter, express your motivation for applying to L&G Asset Management. Discuss how your background aligns with the responsibilities of the Assistant Fund Manager role and demonstrate your understanding of the money market fund industry.
Highlight Relevant Skills: When detailing your experience, focus on skills that are crucial for the role, such as managing liquidity funds, building relationships with trading counterparties, and collaborating on investment decisions. Use specific examples to illustrate your capabilities.
Showcase Your Proactive Mindset: Convey your proactive approach and strong work ethic in your application. Mention instances where you took initiative in previous roles, particularly in improving operational or investment processes, to demonstrate your fit for the team.
How to prepare for a job interview at Legal & General
✨Understand the Company and Its Values
Before your interview, take some time to research Legal & General and their commitment to responsible investment. Familiarise yourself with their history, values, and recent initiatives. This will help you align your answers with their mission and demonstrate your genuine interest in the company.
✨Showcase Your Relevant Experience
Be prepared to discuss your previous experience in asset management, banking, or treasury. Highlight specific examples where you've successfully managed liquidity or contributed to fund strategies. This will show that you have the practical skills needed for the Assistant Fund Manager role.
✨Prepare for Technical Questions
Expect questions related to money market funds, liquidity management, and investment risk. Brush up on industry terminology and best practices. Being able to speak confidently about these topics will demonstrate your expertise and readiness for the position.
✨Emphasise Your Collaborative Skills
Since the role involves working closely with senior fund managers and various stakeholders, be ready to discuss your teamwork experiences. Share examples of how you've effectively collaborated in the past and how you can contribute to a positive team dynamic at L&G.