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Investment Manager - Housing

Employer
Legal & General
Location
London, United Kingdom
Salary
Competitive
Closing date
Mar 23, 2024

View more

Job Function
Banking
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Company Description

Securing pensions over the long term can be a challenge for many businesses. Our ambition at Legal & General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension promises to their employees. We're helping companies settle their pension liabilities so they can focus on growing their businesses, as well as helping to support their members' financial security in retirement. And we're investing for the long term to back our pension promises. In the last 30 years we've written more UK business than any other insurer, and we currently look after more than half a million pension policyholders. We're the UK's longest-serving active bulk annuity provider, and a market-leading, multi-award winning business.

Job Description

We're currently looking to hire an Investment Manager - Housing to join Legal and General Retirement Institutional (LGRI) Housing Investments.

This role will be responsible for supporting transactions, portfolio management and executing strategic initiatives to expand LGR's investments in the housing asset class, both nationally and internationally. These investments will feed directly into L&G's ability to win new business in the PRT market
  • Drive forward the expansion of LGR's investments across residential asset classes (e.g., Built-to-Rent, Affordable Housing), both nationally and internationally to deliver on L&G's PRT new business growth
  • Optimise deal structures in line with LGRI's risk appetite, balance sheet constraints and its Solvency II / Matching Adjustment investment framework to that maximise investment returns.
  • Manage the residential property investment portfolio, by assessing how new investment opportunities fit into the wider portfolio construction and optimising existing asset holdings in order to effectively manage risk and maximise value
  • Manage transactions in residential asset classes, representing LGRI with third parties/LGC/LGIM as appropriate and working with the Transaction Execution function to ensure appropriate execution, implementation and ongoing monitoring
  • Operate at all times within the Mandates and Risk Limits set by the Business Divisions to ensure appropriate control for the Group and ensure that the principles of Consumer Duty are embedded in day-to-day operations to deliver good customer outcomes at all times
Qualifications
  • To be successful in this role Financial analysis / property markets experience is essential
  • Strong written and verbal communication (ability to write reports/ presentations to a high standard and present these
  • Experience working in front office of a bank, insurance company, asset manager or advisory boutique essential
  • Transaction experience in corporate M&A gained in an advisory or direct investing role involving property and or debt
  • Solvency 2 knowledge desirable
Additional Information

The brand with the brolly is choosing today to change tomorrow.

Since 1836, we've grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands.

We're all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet.

We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.

At L&G, you'll find a balance that helps you be your best. Empowered by hybrid working, we're supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.

Today, there's over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&G. Will you join us?

Great minds don't have to think alike, so we welcome voices from all backgrounds. Bringing together people with different life experiences helps us build empathy with our customers and drive innovation.

We don't just talk about it, we actively promote diversity and equitable opportunities for all. That means our employment decisions are made without regard to race, colour, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability or protected veteran status. In fact, we embrace every dimension of diversity to reflect the customers and communities we serve.

We think it's important to create an inclusive environment where we can all belong, contribute and drive progress, where you can develop and grow, and be empowered. We want you to use your voice to help us build a better tomorrow.

We all work differently, and have different needs, which is why. we're always open to discussing flexible working arrangements. Likewise, we're committed to finding reasonable accommodations for candidates with specific needs during our recruiting process.

So whoever you are, wherever you are, whatever your story, we'd love to hear from you.

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