Derivative Operations Senior Analyst

Are you looking to build your career in a fast‑paced, collaborative, and purpose‑driven environment? Join our Middle & Back Office Oversight team, where you’ll play a key role in supporting global trading activity and ensuring high‑quality operational service delivery. This is an exciting opportunity to work with a wide range of stakeholders, develop your subject‑matter expertise, and contribute to continuous improvement across our derivative operations.

What you’ll be doing:

  • Managing daily collateral and derivative operations activities in line with market and regulatory deadlines
  • Collaborating with internal teams, outsourced providers and third‑party partners to ensure accurate, timely service delivery
  • Supporting the oversight of outsourced retained services and operational processes
  • Monitoring KPIs and KRIs and escalating risks, issues or inconsistencies where needed
  • Investigating and resolving queries, ensuring clear communication with stakeholders
  • Identifying and contributing to improvements in processes, controls, and service delivery
  • Applying consistent ways of working and maintaining accurate procedures and documentation
  • Participating in service meetings, fostering strong relationships with service providers and internal partners

Who we’re looking for:

  • Experience in asset management operations, ideally within collateral management or derivative trade processing
  • Knowledge of bilateral and cleared collateral processes, with familiarity of UMR beneficial
  • Strong analytical skills with experience reviewing or collating performance or control data
  • Ability to work under pressure while meeting deadlines, KPIs and service standards
  • Clear communication skills, with confidence engaging stakeholders at various levels
  • Strong organisational, problem‑solving and prioritisation abilities
  • A collaborative approach with the ability to work independently when required
  • Adaptability, resilience and a positive attitude in a fast‑moving environment

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 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

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. 

Perks & Benefits Extracted with AI

  • Equity Compensation: The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes
  • Health Insurance: Healthcare Plan (permanent employees only)
  • Electric car scheme: 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)
  • Paid Time Off: At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday

Legal & General, established in 1836, is a top UK financial services provider offering life insurance, pensions, investments, and retirement plans to over nine million customers, promoting financial security and a positive future.

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