Equity and FX Trader

Legal & General; London; On-site; GBP 50,000 - 80,000; Full time

Job summary

Join a leading investment management firm as a Trader in London, where you'll specialize in equity trades and optimize trading strategies. This role offers a dynamic environment with opportunities to interact with portfolio managers and collaborate effectively with colleagues across the globe. Applicants should have a strong background in trading, analytical skills, and a passion for financial markets.

Benefits

Annual performance-related bonus plan

Life assurance

Healthcare Plan

At least 25 days holiday

Competitive family leave

Electric car scheme

Employee discounts

Redesigned office workspace

Qualifications

• Demonstrate strong academic performance.
• Experience in trading at buy-side/sell-side institutions.
• Keen interest in financial markets.

Responsibilities

• Manage execution of Equity, FX, and derivatives.
• Analyze market data for trading strategies.
• Establish relationships with internal stakeholders.

Skills

Analytical skills

Quantitative skills

Problem-solving skills

Interpersonal skills

Knowledge of financial instruments

Education

Strong academic background in quantitative subjects

Qualifications such as CFA/IMC (desirable)

Tools

Trading applications (e.g., OMS, EMS)

Python (desirable)

Job description

• Permanent or Fixed Term Contract: Permanent
• L&G Business Unit: Legal & General Investment Management
• L&G sub Business Unit: LGIM
• Primary Location: London, One Coleman Street
• Job Family: Global Trading

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.

L&G Asset Management is one of Europe’s largest asset managers, providing clients and partners with complex, responsible investment solutions, across public and private markets. As a global investor, we are present where our clients most need us – from Hong Kong and Singapore, to Chicago and major European financial hubs.

Created by combining our investment management (LGIM) and asset origination (LGC) capabilities, our Asset Management division works with our Institutional Retirement and Retail divisions to benefit our clients and customers – which include individual savers, pension scheme members and global institutions – and deliver enhanced shareholder returns.

Joining us means becoming part of a market-leading team, with capabilities across the full spectrum of asset classes, with an enduring commitment to responsible investment and creating long-term, sustainable value for our clients and partners.

Job Description

We’re currently looking to hire a Trader to join L&G Asset Management and the London-based Equity & FX trading team, which sits within the Global Trading & Liquidity Management Team.This is a great opportunity to join a dynamic global trading desk whereyou’ll specialise in the execution of equity trades, including cash, associated over the counter and exchange traded derivatives

This is an execution role with a high degree of interaction with portfolio managers and counterparties. Over time, you will be expected to expand your expertise to the trading of the additional asset classes covered by the Equity & FX trading team

This is a full-time office-based role and your role will require a flexible-working pattern as dictated by business volumes

What you’ll be doing:

• Managing and monitoring the execution of a range of Equity, FX, listed and OTC derivatives in compliance with client, legal, regulatory requirements, and risk management practices at all times
  
• Analysing market data to develop trading strategies and optimise counterparty selection. Incorporate data into decision-making processes, using transaction cost analysis to improve trading outcomes
  
• Providing investment teams with up-to-date market commentary, daily feedback where necessary and advice on traded/open positions
  
• Establishing and developing strong relationships with internal stakeholders and counterparties
  
• Assisting and work effectively with other members of the Global Trading & Liquidity Management team, specifically the Equity & FX trading teams in Hong Kong and Chicago
  
• Partnering and working with our Trading Research team to analyse, process and interpret large trading data sets to improve execution tools and client outcomes
  
• Having input towards process changes and joint ventures with stakeholders to refine efficiency, automate and add value to processes
  
• Achieving competency in all asset classes traded by the Equity & FX trading team

Qualifications

Who we’re looking for:

Education & Background

• Strong academic background; qualifications, or progress towards professional certifications such as CFA/IMC are desirable, but not required
• Demonstrate a strong academic performance in quantitative subjects

Skills & Knowledge

• Trading related experience at a buy-side or sell-side institution with experience in the execution of cash equities and good understanding of financial instruments and markets, including knowledge of market structure and the mechanics of the trading process through to settlement
• Strong analytical and quantitative skills, with a keen interest in financial markets
• Experience in usage of key trading applications, such as OMS and EMS
• Demonstrate robust problem-solving skills and ability to make data driven decisions
• Excellent interpersonal skills and experience in a collaborative team-based environment
• Proficiency in Python, or other programming languages 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
• 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.