Head of Investment Oversight

Company Description

Legal & General (L&G) is a leading UK financial services group and major global investor. We have 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.

Job Description

We are looking for an experienced and thoughtful leader to head up our Investment Oversight function. This role plays a critical part in strengthening governance, assurance and decision making across Investments, providing oversight, insight and constructive challenge while supporting high-quality customer outcomes. You will work closely with senior leaders across Investments and with our second and third lines of defence, helping to ensure our investment activities operate within a robust and proportionate risk and control environment.

What you will be doing:

• Setting and leading the Investment Oversight strategy in line with Investment and Group objectives
• Leading and developing the Investment Oversight team, building capability, capacity and succession
• Overseeing key investment processes across front office, lifecycle and governance activities
• Providing independent challenge and expert insight to senior investment leaders on risk and control effectiveness
• Owning and operating the first line risk-based assurance framework for Investments
• Overseeing the identification, escalation and remediation of material issues and themes
• Partnering with Compliance, Risk and Internal Audit on investment-related matters
• Delivering clear, decision-useful management information and thematic reporting to senior forums

Who we are looking for:

• Significant senior experience within investment or asset management in an oversight, risk, governance or COO-type role
• Strong understanding of investment operating models, processes and financial instruments
• Proven experience leading first line assurance, oversight or control frameworks
• Sound knowledge of regulatory and governance expectations relevant to asset management
• Confidence engaging with and influencing senior stakeholders, including fund managers and executives
• Experience delivering through large-scale change or operating model transformation
• A constructive, evidence-based approach to challenge and decision making
• Clear, inclusive communication skills with the ability to translate complexity into practical outcomes

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 is 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 many discounts we offer - both for our own products and at a range of high street stores and online
• We are 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

Qualifications

At L&G, we believe it is possible to generate positive returns today while helping to build a better future for all. If you join us, you will 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 does not matter if you do not 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.