UK remote
Investment Manager - Credit
About this role
Legal & General is looking for an Investment Manager to join our Credit team within Institutional Retirement Investments. This is a broad role across traded and private credit, supporting portfolio management, asset sourcing oversight and the development of credit opportunities that help optimise and diversify our Institutional Retirement portfolio. You’ll work closely with teams across Risk, Asset Management, Investment Strategy, ALM and Investment Operations, with exposure to both internal sourcing channels and the Blackstone relationship.
We’re particularly interested in people who understand how credit assets work for a UK life insurer, including matching asset eligibility, insurance balance sheet considerations and how deals can be structured to meet portfolio and risk requirements. What you'll be doing: Reviewing traded and private credit opportunities from Asset Management, Blackstone and other sourcing channels Assessing portfolio fit, relative value and alignment with risk appetites and limits Supporting the development of new credit investment opportunities across public and private markets Modelling credit opportunities to assess risk, suitability and matching asset eligibility Working with Risk on approvals, risk appetite statements and governance requirements Drafting and presenting investment and governance papers for internal forums Overseeing transaction execution with internal teams and third-party partners Building strong relationships across Asset Management, Risk, ALM, Investment Strategy and Investment Operations Who we're looking for: Experience working within a UK life insurer, or directly supporting UK life insurers from a bank, asset manager or advisory environment Strong understanding of matching asset eligibility and insurance balance sheet considerations Broad credit experience across areas such as infrastructure debt, real estate debt, corporate debt, public debt and / or private debt Good understanding of investment grade credit, portfolio construction and relative value assessment Ability to model credit opportunities and evaluate risk, eligibility and portfolio suitability Experience preparing papers, working through governance processes and engaging senior stakeholders Clear communication skills and confidence influencing internal and external partners Undergraduate degree in a quantitative, finance, accounting or management-related subject, or equivalent experience Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you.