Head of Multi Asset Class Solutions Product

Legal & General; Greater London; Hybrid; GBP 80,000 - 120,000; Full time

Benefits offered by this job

Bonus plan and share schemes

Generous pension contribution

Life assurance

Healthcare plan

Job summary

Legal & General (L&G) is seeking an experienced product leader to shape and lead multi-asset class solutions strategy. You’ll oversee the development and ongoing management of client-focused products investing across public markets, collaborating with investment teams, distribution, risk, legal and operations.

This leadership role requires deep technical knowledge, commercial judgment and inclusive people leadership to drive sustainable growth, governance and value for clients and shareholders

Qualifications

• Experience in international asset management.
• Knowledge of investment product structures across asset classes such as defined benefit/contribution.
• Ability to launch and amend pooled funds across jurisdictions.

Responsibilities

• Create and lead the product strategy for multi-asset class solutions.
• Design and deliver new products and propositions across investment vehicles.
• Lead and develop a global team and foster an inclusive culture.
• Oversee full product lifecycle including launches, reviews, amendments, mergers and closures.
• Collaborate with Investments, Distribution, Risk, Compliance, Legal, Finance and Operations to meet objectives.
• Ensure regulatory, governance, risk and Consumer Duty requirements are met.

Skills

Product strategy

Lifecycle management

Stakeholder management

Leadership

Regulatory knowledge

Education

Degree or equivalent experience

IMC/CFA/CAIA advantageous

Tools

UCITS frameworks

Non-UCITS

ETFs

AIFs

Model portfolios

Job 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.

Who we are

We are one of Europe’s largest asset managers and a major global investor across public and private markets.

Asset Management is a critical driver of our Group strategy. The business aims to work synergistically with our Institutional Retirement and Retail divisions to benefit our clients and customers, and deliver enhanced shareholder returns.

Our investment philosophy and processes are focused on creating value over the long term. We believe that incorporating financially material sustainability criteria, when relevant to our clients, can create value and drive positive change.

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.

Who we are

We are one of Europe’s largest asset managers and a major global investor across public and private markets.

Asset Management is a critical driver of our Group strategy. The business aims to work synergistically with our Institutional Retirement and Retail divisions to benefit our clients and customers, and deliver enhanced shareholder returns.

Our investment philosophy and processes are focused on creating value over the long term. We believe that incorporating financially material sustainability criteria, when relevant to our clients, can create value and drive positive change.

Job Description

We’re looking for an experienced product leader to shape and lead our multi-asset class solutions product strategy. You’ll oversee the development and ongoing management of client-focused products that invest primarily across public markets, working with investment teams, distribution channels and specialist partners across the business.

This is an influential leadership opportunity where you’ll develop market-leading propositions across a broad range of product structures and client segments. You’ll combine deep technical knowledge with commercial judgement, inclusive people leadership and a strong understanding of product governance to support sustainable growth and deliver positive outcomes for our clients.

What you’ll be doing

• Creating and leading the product development and management strategy for multi-asset class solutions
• Leading the design and delivery of new products, strategies and propositions across a range of investment vehicles
• Managing, motivating and developing a global team while building an inclusive, collaborative and high-performing culture
• Overseeing the full product lifecycle, including launches, reviews, amendments, mergers and closures
• Partnering with Investments, Distribution, Risk, Compliance, Legal, Finance and Operations to deliver commercial and client objectives
• Ensuring products and activities meet relevant regulatory, governance, risk and Consumer Duty requirements
• Providing technical leadership on product positioning, pricing, regulation, tax, distribution channels and operational matters
• Building trusted relationships with senior leaders, governance committees, boards, strategic partners and industry groups

Who we’re looking for

• Extensive experience of product strategy, development and lifecycle management within the international asset management industry
• Strong technical knowledge of products across multiple asset classes, with experience developing solutions for clients across areas such as defined benefit, defined contribution, institutional, insurance, OCIO and wealth
• A deep understanding of investment product structures, which may include UCITS, non-UCITS, ETFs, AIFs, separately managed accounts, model portfolios and unit-linked insurance products
• Experience launching, registering, operating and amending pooled investment funds across different jurisdictions
• Inclusive leadership and line management experience, with a track record of developing and empowering teams across locations
• Strong stakeholder management and influencing skills, including confidence engaging with senior leaders, boards, suppliers and strategic partners
• Commercial judgement, project leadership skills and the ability to manage complex priorities, risks and dependencies
• A degree or equivalent experience, with a relevant professional qualification such as the IMC, CFA or CAIA being advantageous

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 many discounts we offer – both for our own products and at a range of high street stores and online
• We’re creating net‑zero carbon workplaces by 2030 by investing in our sustainable, modern offices across the UK, all designed to bring people together and elevate the in‑person experience

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 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.