Head of Quants and Structured Finance Analytics - London, United Kingdom - Legal & General Investment Management

Legal & General Investment Management

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Reference

VN25889Role Type
PermanentLocation
LondonSalary
CompetitiveClosing Date
23 June 2023Your role at a glance
We're currently looking to hire a Head of Quants and Structured Finance Analytics to join Legal and General Retirement (LGRI)

An exciting role where you'll Lead the quants and structured finance analytics team, which has two principal responsibilities:
(I) support the wider investments team through model/tool development that improve the scope, speed and flexibility of analytical tools; and (II) support and further develop the analytical toolkit available to analyse/survey structured finance transactions such as Mortgage and Loan securitisations

What you'll be doing

Lead the quant team that designs, implements, enhances, and supports a variety of analytical/modelling tools used by the Investments team and wider other LGRI stakeholders in order to support Investments' management of its portfolio and new investment opportunities
Drive financial and technological innovation and improved understanding of asset modelling and risk metrics through solution delivery, providing support and direction to the wider investments team and other stakeholders across LGRI on complex issues surrounding pricing, risk management and technological and mathematical solutions to support the investments team its oversight of LGRI's investment portfolio
In collaboration with the wider Mortgage, Housing and Risk Sharing team, drive forward the analytics and securitisation capabilities across mortgages, Collateralised Loan Obligations (CLOs) and risk sharing to improve the speed and accuracy of the assessment of new and existing investments
Introduce technology/software (e.g. Intex) to improve speed, accuracy and scope of modelling and to facilitate easier interaction with market participants
Collaborate with the Risk, Operations & Finance to ensure robust model control
Build relationships with key stakeholders across LGR Investments, Finance, Risk, L&G Retail, LGIM, and external asset managers (where applicable) to achieve best use of data and technology for investments activity
To take the lead in all matters with regard to the management of employees, ensuring that management discretion is used in a consistent manner and that the area follows the Group's policies and procedures including the Partnership Agreement to maximise business performance
Be aware of our company values, including treating customers fairly, and to demonstrate the behaviours that support these values

What we're looking for

Experience in front office or quant team of a bank or asset manager with focus on analytics
Strong knowledge of main technological/software solutions available for structured finance investments
Solid grasp of main programming languages (C++, Python)
Good understanding of Solvency II and Matching Adjustment requirements for UK pension providers is helpful but not essential for this role
Experience building complex, dynamic financial models to analyse debt investment opportunities in an underwriting, investment or credit rating capacity.
Practical understanding of various concepts in financial engineering e.g. stochastic calculus, risk neutral/martingale methods, derivative pricing, financial statistics / timeseries modelling, Monte Carlo simulation
Flexible, adaptable and able to demonstrate initiative.
Strong MS Excel skills, working knowledge of C++ beneficial
Undergrade university degree or equivalent in a quantitative discipline or equivalent or work experience (or experience in a similar role)
Benefits:
When you commit to Legal & General, we'll commit to you too. That means we'll recognise and reward your hard work, your performance and your contribution.

If you join us, you'll get access to some great benefits, including private medical insurance, 30 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection.

You'll receive a car allowance of 12% of your annual salary, and you can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice.

We're also proud to offer competitive family leave.

You'll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes.

And then there are the many discounts we offer that you can take advantage of - both for our own products and at a range of high street stores and online offerings.