At a Glance
- Tasks: Join our team to manage and advise on complex investment solutions for institutional clients.
- Company: Legal & General, a leading UK financial services group with a global impact.
- Benefits: Enjoy competitive pay, healthcare, generous holiday, and flexible working options.
- Other info: Be part of an inclusive culture that values diverse perspectives and career growth.
- Why this job: Make a real difference in the financial world while developing your skills.
- Qualifications: Experience in investment strategy, portfolio construction, and Python coding is preferred.
The predicted salary is between 50000 - 60000 £ 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 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
- 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
- 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
- Participating in a risk and conduct risk aware culture
Who we’re looking for:
- Previous experience of investment strategy design, portfolio construction and risk analysis
- Knowledge and understanding of major asset classes, as well as derivatives & LDI
- Understanding of the UK defined benefit pension scheme investment environment
- Proven ability to deliver high quality numerical analysis
- Proven ability to prepare client-friendly written reports and presentations
- Ability to code in Python
- Proven ability to proactively create new or evolve existing processes and tools
- Organised and structured approach to project management
Benefits:
- Opportunity to participate in our annual, performance-related bonus plan and valuable share schemes
- Life assurance
- Healthcare Plan (permanent employees only)
- At least 25 days holiday, plus public holidays, 26 days after 2 years’ service
- Competitive family leave
- Participate in our electric car scheme
- Discounts for our own products and at a range of high street stores and online
- Redesigned workspaces that promote wellbeing
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.
Delegated Solutions Associate employer: LegalAndGeneral
Legal & General is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. With a strong commitment to employee wellbeing, competitive benefits including performance-related bonuses, and a culture that values diversity and personal growth, L&G empowers its staff to excel in their careers while making a meaningful impact in the financial services sector. Join us to be part of a forward-thinking team dedicated to building a better future for all.
StudySmarter Expert Advice🤫
We think this is how you could land Delegated Solutions Associate
✨Get Involved in Finance Communities
Join investment and asset management forums or local finance meetups. Engaging with professionals in these circles can not only help you learn the ropes but also put you in touch with potential employers like LegalAndGeneral, who often scout for talent at such events.
✨Utilise Networking Platforms
Connect with professionals already working in asset management on platforms like LinkedIn. A personal message showing your interest in their role or asking for advice can lead to significant connections that might tip the scales in your favour at companies like LegalAndGeneral.
✨Show Off Your Financial Skills
Consider contributing to investment blogs or even creating your own content. Sharing your insights and analyses can demonstrate your knowledge and passion for the industry, making you stand out when applying for roles at organisations like LegalAndGeneral.
✨Engage with Recruitment Events
Attend finance recruitment fairs and expos. These events are perfect for making a strong impression with recruiters and potentially securing interviews. Many companies, including LegalAndGeneral, attend these events to scout for fresh talent, so make sure you stand out with your enthusiasm and knowledge!
We think you need these skills to ace Delegated Solutions Associate
Some tips for your application 🫡
Highlight Your Analytical Skills:In asset management, it's all about the numbers! Make sure your CV showcases your analytical skills, particularly any experience with financial modelling or quantitative analysis. Employers like LegalAndGeneral want to see how you can dissect data and turn it into actionable insights, so don't hold back on your achievements!
Show Off Your Relevant Qualifications:Having the right qualifications can be a game changer in investment roles. If you've got a degree in finance, economics, or a related field, flaunt it! Also, if you have any certifications like CFA or CAIA, mention those too. It’ll help demonstrate your commitment and expertise in the field to LegalAndGeneral.
Tailor Your Cover Letter to Reflect Passion for Investment:Your cover letter is your chance to express your enthusiasm for the investment world. Share why you're drawn to asset management and your understanding of market trends. The hiring team at LegalAndGeneral will be keen to see that passion and how you keep up with industry news and developments.
Quantify Your Achievements:Don’t just tell them what you did - show them! When detailing your previous experience, include quantifiable achievements to illustrate your impact. Whether it’s percentage growth on a portfolio or cost savings in a project, these figures will help your application stand out to LegalAndGeneral. Numbers speak louder than words!
How to prepare for a job interview at LegalAndGeneral
✨Brush Up on Financial Modelling
For a role in investment asset management, being well-versed in financial modelling is crucial. Make sure you can articulate your experience with tools like Excel or any specialised software you've used. Maybe even prepare a couple of examples of financial models you've built or analysed.
✨Know Your Investment Strategies
Expect questions around different investment strategies and how you would apply them in various market scenarios. Get ready to discuss current market trends and how they impact portfolio management. This shows you're not just about the theory but also keeping an eye on real-world applications.
✨Show Your Analytical Skills
Since this is a full-time role, companies like LegalAndGeneral want to see your analytical thinking in action. Prepare to solve case studies or tackle some numerical puzzles during the interview. Practicing these types of questions will boost your confidence and show off your skills.
✨Discuss Your Long-Term Career Goals
As you’re applying for a full-time position, the interviewers will be interested in your commitment to the field. Be ready to discuss how this role fits into your long-term career plans in asset management. This shows you're not just looking for any job, but you’re genuinely interested in growing withLegalAndGeneral.
