Junior Fixed Income Trader

Legal & General; London; On-site; GBP 45,000 - 70,000; Full time

Job summary

A leading financial services organization is seeking a candidate to join their dynamic Trading team in London. The role focuses on executing Fixed Income cash products, interacting with investment teams, and analyzing trading data. Ideal candidates should have a strong academic background, interest in financial markets, and sound analytical skills. The position offers opportunities for professional development and a competitive salary package with various benefits.

Benefits

Annual performance-related bonus plan

Generous pension contributions

Life assurance

Private medical insurance

At least 25 days holiday plus public holidays

Competitive family leave

Salary sacrifice for electric car scheme

Discounts at various stores

Modern office spaces designed for wellbeing

Qualifications

• Strong academic background required.
• Interest in financial markets preferred.
• Markets-facing experience is a plus.

Responsibilities

• Manage execution of orders in compliance with standards.
• Provide market commentary and feedback to investment teams.
• Assist with technology initiatives and system upgrades.

Skills

Attention to detail

Analytical skills

Collaboration

Education

Degree educated

Tools

Quantitative skills

Programming skills

Job description

Working within a dynamic multi-asset Trading team, the primary role will involve the execution of Fixed Income cash products in the form of Government and Corporate bonds. Over time, expand expertise to other asset classes dealt with by the team across broader Fixed Income to cover the full range of assets confidently.

What you'll be doing:

1. Managing and monitoring the execution of orders, ensuring compliance with regulatory standards, LGIM’s policies, procedures, and risk management practices at all times.
2. Providing investment teams with market commentary, daily feedback, and advice on traded/open positions.
3. Assisting other traders as necessary.
4. Building and developing strong relationships with counterparties.
5. Working with our Trading Research team to analyse, process, and interpret large trading data sets to improve client outcomes.
6. Assisting with technology initiatives, including system upgrades.
7. Achieving competency in all instruments traded by the desk over time.
8. Being aware of the Consumer Duty regulation, considering client interests at all times to ensure the delivery of good customer outcomes.
9. Practicing LGIM cultural values and behaviors to maintain a true OneLGIM culture and foster pride in the company.

Qualifications: Who we're looking for:

1. A strong academic background, degree educated.
2. Attention to detail and a strong risk management mindset, manifested in double-checking work, reconciliation, and questioning unusual activities.
3. An interest and understanding of financial markets.
4. Some markets-facing experience preferred (product, distribution, or funds).
5. Strong analytical skills.
6. Quantitative and programming skills would be advantageous.
7. Leadership qualities: strong interpersonal skills, collaborative team experience, willingness to learn new asset classes and products.

We reward performance and behavior with a comprehensive package including:

• Participation in our annual, performance-related bonus plan and share schemes.
• Generous pension contributions.
• Life assurance.
• Private medical insurance (for permanent employees).
• At least 25 days holiday plus public holidays, increasing after 2 years of service, with holiday buy/sell options.
• Competitive family leave.
• Participation in our electric car scheme via salary sacrifice.
• Discounts at various stores and online.
• Modern, collaborative office spaces designed for wellbeing.

Additional Information:

Legal & General is a leading financial services organization, recognized in 2023 for the second consecutive year. As one of the world's largest asset managers, homebuilders, pension providers, and insurers, we are committed to creating value for our customers and society. We foster an inclusive culture that values diversity, integrity, and leadership. We support flexible working arrangements and accommodations to meet candidates' needs. If you’re interested in learning more, we encourage you to apply.