Company Description
L&Gs Asset Management business is a major investor across public and private markets worldwide with 1.533 trillion in AUM. Our clients include individual savers, pension scheme members, and global institutions who invest alongside L&Gs own balance sheet.
Our ambition is to be a leading global investor innovating to solve complex challenges for our clients using the power of L&G. This is rooted in our investment philosophy and processes which are focused on creating value over the long term.
We believe that incorporating financially material sustainability criteria when relevant to our clients can generate value and drive positive change.
Job Description
The Senior Investment Associate is primarily responsible for the origination, analysis, execution, and management of alternative debt investments for L&Gs clients, including:
• Fund finance • Non-bank financials • Future flows • Securitizations • Monetizations • Insurance-wrapped • Structured real estate transactions
The role will also include supporting other Private Credit verticals and wider team initiatives such as:
• New client marketing & origination • New sector/product research • Improving operational processes and procedures
Responsibilities
Originate and filter new potential alternative debt investments according to suitability for LGIMAs clients. Origination to include liaising with borrowers, intermediaries, and sponsors as well as attending conferences and other industry events to build and maintain market connections.
Act as Deal Captain on transactions that demonstrate attractive risk-adjusted returns and meet client requirements, taking ownership of due diligence, credit ratings, documentation review, and negotiation, as well as all approval processes and execution.
Manage existing investments by reviewing borrower reporting, rating agency reports, processing, and escalating waiver requests, and producing quarterly reviews.
The role will require the candidate to work closely with colleagues in Chicago and London, working cross-border with legal, credit operations, and business management teams.
Manage key internal and external stakeholder and borrower relationships, including discussing pipeline and portfolio updates with clients.
Research new sub-sectors and products that could be appropriate investments for LGIMA clients and support internal and external education and approvals to invest in new products that we believe show attractive risk-adjusted returns.
Support preparation of marketing materials for potential clients and help the solutions team develop new products for Private Credit.
Work with junior talent in the team to develop their technical and soft skills, providing them with opportunities to learn, grow, and progress their careers.
Qualifications
The candidate is likely to have 5-7 years of investment experience in structured credit or other relevant sectors with a deep understanding of identifying and mitigating credit risks.
Direct experience originating, structuring, and executing investment-grade or sub-investment-grade debt transactions to fit within specific client mandates.
The candidate will need to be self-motivated, proactive, have strong critical thinking and analytical skills, and know how to communicate effectively in a variety of settings.
Experience working with training and leading less experienced members of the team.
Additional Information
The starting salary offer will vary based on multiple factors, including but not limited to the applicants education, job-related experience, skills, and abilities, geographic location, and market factors.
This position is also eligible to participate in the companys annual discretionary bonus plan. Full-time employees may be eligible for health insurance with an optional HSA, short-term disability, long-term disability, dental insurance, vision care, life insurance, Healthcare Dependent and Limited Care Flexible Spending Accounts, 401K, vacation, sick time, an employee assistance program, and commuter and transit programs.
Additional voluntary programs include supplemental health benefits, including accidental injury, critical illness, and hospital indemnity insurance, and pet insurance.
EOE Statement
As an EOE employer, L&G Asset Management America will extend equal opportunity to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity, ancestry, national origin, age, disability, medical condition, genetic information, marital status, pregnancy, military status, and/or any other characteristic protected under applicable federal, state, or local laws governing non-discrimination in employment.