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. 

Who we are 

We are one of Europe’s largest asset managers and a major global investor across public and private markets.

Asset Management is a critical driver of our Group strategy. The business aims to work synergistically with our Institutional Retirement and Retail divisions to benefit our clients and customers, and deliver enhanced shareholder returns.  

Our investment philosophy and processes are focused on creating value over the long term. We believe that incorporating financially material sustainability criteria, when relevant to our clients, can create value and drive positive change. 

We are looking for a Senior Investment Associate / Investment Manager to join our Alternative Debt team within Private Credit. This is an exciting opportunity to contribute to a growing Emerging Markets strategy, managing investments across sovereign lending, private credit and impact-focused finance.

You’ll be working in a collaborative, high-performing environment, supporting the delivery of investment strategies that generate long-term value for clients while contributing to sustainable global outcomes. We welcome applications from individuals with diverse backgrounds and experiences who share our commitment to excellence and inclusion.

What you’ll be doing:

• Developing and maintaining origination channels and partnerships to expand investment opportunities
• Assessing potential investments against risk and return objectives and supporting due diligence and approval processes
• Managing execution and settlement activities and coordinating capital deployment with portfolio teams
• Analysing financial performance, reviewing borrower reports and conducting stress testing
• Supporting loan amendments, waivers and ongoing portfolio initiatives
• Producing investment reporting and presenting performance updates to clients
• Conducting due diligence visits and maintaining strong relationships with borrowers
• Contributing to new client opportunities and enhancing market profile through presentations and events

Who we’re looking for:

• Experience in asset management, credit risk or lending within financial institutions
• Knowledge of emerging markets lending, including sovereign, state-owned or corporate borrowers
• Understanding of development finance institutions or multilateral development bank programmes is advantageous
• Familiarity with legal documentation for complex debt transactions, including guarantees or insurance structures
• Strong numerical and analytical skills with the ability to interpret financial models
• Ability to manage multiple priorities and work effectively with a range of stakeholders
• Confident communication and presentation skills, both written and verbal
• A proactive, collaborative mindset with a commitment to continuous learning and improvement

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 many discounts we offer – both for our own products and at a range of high street stores and online
• We’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, 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.