Product Principal - Active Fixed Income

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 are looking for a collaborative and commercially minded Product Principal to join our Strategy, Product and Marketing team. This role sits within Active Fixed Income Product and plays a key part in shaping and delivering a client-focused product offering across a global platform. You’ll be responsible for driving the development and ongoing management of active fixed income and liquidity products across a range of structures, working closely with investment, distribution and operational teams. This is an opportunity to contribute to a high-impact product strategy, supporting business growth while ensuring strong governance and positive client outcomes.

What you’ll be doing:

• Leading the design and delivery of active fixed income and liquidity product initiatives across multiple fund structures
• Managing end-to-end product lifecycle activity including launches, enhancements, mergers and closures
• Driving product development projects, coordinating stakeholders and ensuring timely delivery against key milestones
• Ensuring alignment with governance, regulatory frameworks and internal product policies
• Reviewing the product range to assess commercial viability and identifying opportunities for improvement
• Providing technical product expertise across areas such as regulation, structure, positioning and distribution channels
• Building and maintaining strong relationships with internal teams, service providers and external partners
• Monitoring market, competitor and regulatory developments to inform product strategy and innovation

Who we’re looking for:

• Strong experience in asset management product strategy, development and lifecycle management
• Expertise in active fixed income strategies and a good understanding of liquidity products
• Knowledge of fund structures including UCITS, non-UCITS, ETFs and separately managed accounts
• Experience delivering product launches and managing funds across multiple jurisdictions
• Strong stakeholder management skills with the ability to influence at senior levels
• Solid understanding of product governance, regulation and risk frameworks
• Proven project management capability across complex, high-profile initiatives
• Degree qualified or equivalent, with professional qualifications such as IMC, CFA or CAIA advantageous

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
• 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 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.