Company Description
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. 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.
Job Description
We’re currently looking to hire a Fixed Income Trader to join L&G Asset Management Global Trading and Liquidity Management Team
You’ll specialise in the execution of Corporate Bond & CDS trades, as well as general rates products for hedging purposes. This is a full-time office-based role and will require a flexible-working pattern as dictated by business volumes
What you’ll be doing:
- Trading a wide range of fixed income products, specifically Corporate Bonds & CDS but also general rates products in compliance with client, legal and regulatory requirements
- Undertaking market-related research including up-to-date knowledge of all relevant technical, regulatory and compliance issues
- Analysing market data in order to develop a trading strategy and optimise counterparty selection
- Monitoring trades to ensure “best execution” at all times, and timely settlement of all trades
- Research, implementation and analysis of Transaction Cost Analysis
- Facilitate primary markets activity, orders and allocations.
- Assist with ongoing IT projects & developments, system upgrades and system implementation
- Work with our Trading Research team to analyse, process and interpret large trading data sets to improve client outcomes and drive strategy
Qualifications
Who we’re looking for:
- Demonstrable experience in the execution of Corporate Bonds & CDS and good understanding of financial instruments and markets, including knowledge of market structure and the mechanics of the trading process through to settlement
- Relevant Fixed Income trading related experience at a buy-side, or sell-side institution
- Strong analytical and quantitative skills, proficiency in Python, or other programming languages are desirable, but not required
- Experience in usage of key trading applications, such as OMS and Trading platforms
- Strong academic background; qualifications, or progress towards professional certifications such as CFA/IMC are desirable, but not required
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.