Delegated Solutions Associate in London

We’re currently looking to hire a Delegated Solutions Associate to join L&G Asset Management’s Delegated Solutions team, managing and advising on complex investment solutions for institutional investors. The Delegated Solutions team works with institutional investors 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.

What you’ll be doing:

• Working with institutional clients to understand their requirements.
• Delivering bespoke investment strategy analysis, risk modelling, and portfolio construction.
• Assisting in the provision of investment advice to institutional investors.
• Assisting in the management of complex multi-asset investment mandates for institutional investors, typically delegating slices of the mandates to other parts of L&G or to third-party asset managers.
• Communicating complex analysis and sophisticated ideas in a concise and understandable fashion, both in writing and in person.
• Developing and maintaining proprietary tools and systems, including Python coding.
• Working with clients and other internal teams to deliver bespoke client reporting.
• Practicing L&G cultural values and behaviours, helping make L&G a business that all can be proud to work for and would recommend to others.
• Participate in a risk and conduct risk aware culture, including having an awareness of the Consumer Duty regulation and the need to ensure the delivery of good client and customer outcomes.

Qualifications

Who we’re looking for:

• Previous experience of investment strategy design, portfolio construction and risk analysis with experience of providing investment advisory services to institutional investors.
• Knowledge and understanding of major asset classes, as well as derivatives & LDI.
• You’ll have an understanding of the UK defined benefit pension scheme investment environment, including typical risks and objectives, regulatory environment.
• Proven ability to deliver high quality numerical analysis.
• Proven ability to prepare client-friendly written reports and presentations.
• You’ll have the ability to code in Python.
• Proven ability to proactively create new or evolve existing processes and tools.
• Have an organised and structured approach to project management.

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.