Quantitative Analyst

Legal & General; Greater London; On-site; GBP 55,000 - 75,000; Full time

Job summary

A leading financial services group in London is seeking a Quantitative Analyst to join their Active Strategies team. This role involves enhancing investment processes, supporting portfolio management, and utilizing strong coding skills particularly in Excel/VBA. Ideal candidates will have a degree-level qualification and solid understanding of financial markets. The position offers various benefits, including a performance-related bonus, generous pension contributions, and a welcoming work culture that emphasizes flexibility and collaboration.

Benefits

Performance-related bonus

Generous pension contribution

Healthcare Plan

At least 25 days holiday

Electric car scheme

Discounts at various retailers

Qualifications

• Degree-level qualification; CFA or equivalent financial qualification useful but not essential.
• Strong coding skills, particularly in Excel/VBA, with Python advantageous.
• Solid understanding of fixed income mathematics and statistics.

Responsibilities

• Creating systems connecting credit analysis to portfolio management.
• Maintaining tools for monitoring portfolios.
• Supporting credit market analysis for internal and external presentations.

Skills

Strong coding skills in Excel/VBA

Knowledge of statistics

Proven problem-solving skills

Collaborative mindset

Education

Degree-level qualification

Tools

Excel

VBA

Python

Job description

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.

Our global asset management business provides our clients and partners with complex, responsible investment solutions, working internationally across public and private markets.

Job Description

We're currently looking to hire a Quantitative Analyst to join L&G Asset Management and our Active Strategies team.

This is an exciting opportunity where you'll play a key role in enhancing investment processes and supporting portfolio management. This is a great opportunity to work in a collaborative and dynamic environment where your ideas can make a real impact.

What you’ll be doing:

• Creating, building and enhancing systems connecting credit analysis to portfolio construction and management
• Maintaining and improving tools for monitoring and understanding portfolios using central data sources
• Developing enhanced solutions to streamline order creation and increase portfolio management bandwidth
• Improving and maintaining tools for monitoring exposures against strategic and regulatory requirements
• Supporting credit market analysis for internal strategy meetings and external presentations
• Coordinating with other quant teams to deliver department-wide quantitative solutions
• Operating within risk, compliance and ESG requirements while promoting a strong conduct culture

Qualifications

Who we’re looking for:

• Degree‑level qualification; CFA or equivalent financial qualification useful but not essential
• Strong coding skills, particularly in Excel/VBA, with Python advantageous, and experience automating complex tasks
• Solid understanding of fixed income mathematics; familiarity with High Yield credit advantageous
• Knowledge of statistics and ability to apply quantitative techniques to large datasets
• Experience with MS Excel and VBA for data analysis and reporting
• An enthusiastic understanding of financial markets and investment principles
• Proven problem‑solving skills and ability to deliver projects effectively
• Collaborative mindset with strong communication skills to work across teams

Benefits

• 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 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.