About this role
At Legal & General, we're looking for a commercially minded quantitative analyst to join our specialist private mortgage investments team. This is an exciting opportunity to work across an £8bn mortgage portfolio while helping assess and structure new investment opportunities that support long-term customer outcomes.
You'll combine technical modelling expertise with commercial judgement, working across mortgage-backed investments, securitisation structures and consumer-credit assets. Whether analysing existing transactions or evaluating new opportunities, you'll play an important role in helping shape investment decisions
What you’ll be doing:
Structuring and executing private securitisation transactions, including asset cashflow, capital structure and investor return analysisManaging periodic note issuances from private securitisation programmes, including cashflow analysis and engagement with rating agenciesAssessing new mortgage and consumer-credit investment opportunities across a range of lending assetsAnalysing rating, structural, capital and profitability impacts on prospective and existing transactionsSupporting the design, execution and ongoing management of securitisation and funding structuresProducing scenario analysis, transaction modelling and investment recommendations to support decision-makingCollaborating with portfolio management, risk, finance, legal and governance teams across the investment lifecycleContributing to covered bond, RMBS and wider structured finance initiatives, helping shape future funding and investment strategiesWho we’re looking for:
Experience in quantitative analysis, structuring, securitisation or structured financeStrong cashflow modelling and financial analysis skillsUnderstanding of residential mortgages, consumer credit, asset-backed lending or securitised productsAbility to interpret complex modelling outputs and translate findings into commercial recommendationsExperience gained within an insurer, bank, asset manager, rating agency or similar environmentStrong stakeholder management and communication skillsCuriosity and willingness to learn new asset classes, funding structures and investment productsExperience of covered bonds strongly preferredVBA, Python or R skills would be beneficialWhatever 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 schemesGenerous pension contributionLife assuranceHealthcare 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 holidayCompetitive family leaveParticipate 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 many discounts we offer – both for our own products and at a range of high street stores and onlineWe’re creating net‑zero carbon workplaces by 2030 by investing in our sustainable, modern offices across the UK, all designed to bring people together and elevate the in‑person experience 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 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.