ASSISTANT PORTFOLIO MANAGER | London, UK

Legal & General; London; On-site; GBP 55,000 - 80,000; Full time

Job summary

A leading financial services group in the UK seeks a Quantitative Developer - Assistant Portfolio Manager to enhance portfolio management and contribute to alpha generation. The successful candidate will work within the Rates & Inflation team, employing strong coding skills and an understanding of fixed income mathematics. A collaborative approach and a commitment to compliance and risk analysis are essential. Competitive benefits package available.

Benefits

Performance bonuses

Share schemes

Pension contributions

Life assurance

Healthcare

Holidays

Family leave

Electric car schemes

Discounts

Modern office spaces

Qualifications

• Strong Python coding skills required.
• Background in financial modeling and automation.
• Experience in fixed income markets and instruments preferred.

Responsibilities

• Develop systems for monitoring and trading interest rate and inflation risk.
• Research and develop analytical tools for market trends.
• Automate complex tasks using coding expertise.

Skills

Python

Fixed Income Mathematics

Statistical Analysis

Financial Modelling

Macroeconomic Trends

Fixed Income Markets

Education

Degree qualification

CFA or similar credentials

Job description

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. These underpin our retirement and protection solutions: we are an international player in pension risk transfer, UK and US life insurance, and UK workplace pensions and retirement income.

L&G Asset Management is one of Europe's largest asset managers, offering responsible investment solutions across public and private markets, serving clients worldwide from Hong Kong and Singapore to Chicago and European hubs.

Created by combining investment management (LGIM) and asset origination (LGC), our division collaborates with Institutional Retirement and Retail divisions to benefit clients, including individual savers, pension scheme members, and global institutions, delivering long-term value for shareholders.

Joining us means becoming part of a market-leading team with capabilities across asset classes, committed to responsible investing and sustainable value creation.

Job Description

Join a collaborative and forward-thinking investment team as a Quantitative Developer - Assistant Portfolio Manager.

This role offers the opportunity to help the Rates & Inflation team generate alpha by streamlining portfolio management processes. You will develop and maintain systems for managing portfolios and support Senior Portfolio Managers and Strategists in developing macroeconomic views.

Responsibilities include:

• Developing and maintaining systems for monitoring and trading interest rate and inflation risk
• Supporting portfolio implementation through active view execution and rebalancing
• Monitoring fund performance and recommending strategy improvements
• Researching and developing analytical tools for market trend and portfolio performance assessment
• Enhancing investment decisions with risk analysis and quantitative models
• Automating complex tasks using coding expertise with diverse data sources
• Ensuring compliance with regulatory, risk, and ESG standards
• Fostering a culture of integrity, collaboration, and client focus

Qualifications

Ideal candidates will have:

• Strong Python coding skills
• Deep understanding of fixed income mathematics
• Experience with statistical analysis of large datasets
• Background in financial modelling and automation
• Knowledge of global macroeconomic trends and their investment implications
• Experience in fixed income markets and instruments
• High standards of conduct, integrity, and continuous improvement
• Degree qualification; CFA or similar credentials are advantageous

We offer a comprehensive benefits package, including performance bonuses, share schemes, pension contributions, life assurance, healthcare, holidays, family leave, electric car schemes, discounts, and modern office spaces designed for collaboration and wellbeing.

Additional Information

At L&G, we believe in generating positive returns while building a better future. We promote an inclusive culture with flexible working options and support career development initiatives. We value strengths, potential, and alignment with our purpose, even if you don't meet every criterion listed.

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