Assistant Portfolio Manager - 12 Month FTC

Location: London

Company

Legal & General is a UK financial services group and global investor providing asset management, retirement, protection, insurance, and pension solutions across public and private markets.

What you will do

• Assist with the design, construction, and ongoing management of Buy & Maintain portfolios, including derivative overlays.
• Manage global investment grade credit mandates within a team-based, risk-controlled framework.
• Collaborate with credit analysts, strategists, portfolio managers, implementation teams, client teams, and the Global Trading Team to shape portfolio strategy, generate investment ideas, and support new and transitioning clients.
• Manage liquidity and collateral requirements across client portfolios.
• Support client and consultant meetings and prepare marketing and reporting materials.
• Identify improvements to portfolio management processes, systems, services, and products while supporting fair treatment and positive client outcomes.

Requirements

• Strong academic or professional background, or relevant experience gained in a comparable investment role.
• Completed or in-progress CFA qualification, or an equivalent technical background in investments.
• Knowledge of global fixed income markets, including government bonds, credit, and associated interest rate, credit, and foreign exchange derivatives.
• Experience or knowledge of managing fixed income or credit portfolios.
• Some understanding of macroeconomics and the factors influencing industries and companies.
• Strong IT capability.
• Collaborative approach with the ability to engage clients, consultants, and colleagues and build effective relationships.

Nice to have

• Understanding of ESG considerations and the regulatory landscape affecting pension schemes or insurance company assets.
• Programming skills.

Culture & Benefits

• 12-month fixed-term contract within the Asset Management Buy and Maintain team.
• Annual performance-related bonus plan and share schemes.
• Pension contribution, life assurance, and healthcare plan for permanent employees.
• At least 25 days of holiday plus public holidays, increasing to 26 days after two years, with the option to buy and sell holiday.
• Family leave, electric car salary-sacrifice scheme for permanent employees, and discounts on products and stores.
• Inclusive culture with career development opportunities, flexible working options, part-time work, and job shares discussed where possible.