Your role at a glance
To be responsible for the Group’s real estate loan financing and support the Head of Funding and DCM in wider debt/loan structuring across the Group and its subsidiaries.
What you'll be doing
External Loans
- You will be responsible for ensuring that that the Group and its subsidiaries have access to external financing, optimising the cost of funding and the amount of leverage.
- You will advise which lenders to approach for each specific loan raise, assisting in the preparation of information materials for the project ensuring that proposals are communicated to prospective lenders in the clear consistent and transparent manner.
- You will provide Subject Matter Expertise (SME) on structuring on any loan proposals, working closely with the relevant subsidiary. Lead discussions between lenders and relevant subsidiary, summarise proposals received, and make recommendations on best strategy/tactics in order to ensure effective borrowing terms. Lead on the management of the due diligence process for each project from lender selection to financial close.
- Provide strategic input to the business on implications of loan proposal to the operating model of the business, including modelling assumptions
- You will provide Subject Matter Expertise on commercial points within the legal documentation on the project working closely with Group Legal.
- You will identify appropriate opportunities for incorporating ESG into loans as appropriate, in line with strategic company objectives and in collaboration with Group Sustainability.
Internal Funding and Loan Agreements
- You will oversee all intra-group loans and call accounts to ensure that these are appropriately documented, up to date and are priced on an arm-length basis in line with Group policies.
- You will oversee and advise Group entities with obtaining internal loan financing as appropriate.
Bank and lender Relationships
- You will work with the Head of Funding and DCM to maintain and expand L&G’s key bank and lender relationships. Seek out opportunities for Group entities to access lending for the Group and its subsidiaries
Treasury Approval
- You will be co-responsible for approval of Group Treasury’s daily transactions.
- To take the lead in all matters regarding the management of employees, ensuring that management discretion is used in a consistent manner and that the area follows the Group’s policies and procedures including the Partnership Agreement to maximise business performance.
- You will ensure that the appropriate Finance MI, process and systems are in place to provide support Group Treasury so that customers are treated fairly in line with Legal & General’s Customer Experience and TCF policy.
What we're looking for
- A relevant post graduate qualification is preferable.
- Strong working knowledge of loan markets/loan syndication
- A minimum of 7 years’ experience in the real-estate lending sector.
- Strong attention to detail and excellent writing skills.
- Strong commercial acumen.
- Strong sense of collective purpose and a team player.
- Strong interpersonal skills and ability to build and maintain strong relationships
Benefits
When you commit to Legal & General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.
If you join us, you’ll get access to some great benefits, including private medical insurance, 30 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. You'll receive a car allowance of 12% of your annual salary, and you can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice. We’re also proud to offer competitive family leave.
You’ll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. And then there are the many discounts we offer that you can take advantage of – both for our own products and at a range of high street stores and online offerings.
About L&G
The brand with the brolly is choosing today to change tomorrow.
Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands.
We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet.
We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.
At L&G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.
Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&G. Will you join us?
About the business area
Helping over ten million people around the world manage their savings, retirement plans and life insurance requires a lot of people behind-the-scenes. It’s up to us in L&G Group functions – which includes our tech and digital teams, Group Finance, HR, Risk and Corporate Comms to provide the essential support services that all areas of the business need, here in the UK and overseas. Simply put, we enable everyone at Legal & General to do what they do best. That means we’re helping to improve our customers’ lives, and contributing to the success of the business every day.
Our commitments to you
Great minds don’t have to think alike, so we welcome voices from all backgrounds. Bringing together people with different life experiences helps us build empathy with our customers and drive innovation.
We don’t just talk about it, we actively promote diversity and equitable opportunities for all. That means our employment decisions are made without regard to race, colour, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability or protected veteran status. In fact, we embrace every dimension of diversity to reflect the customers and communities we serve.
We think it’s important to create an inclusive environment where we can all belong, contribute and drive progress, where you can develop and grow, and be empowered. We want you to use your voice to help us build a better tomorrow.
We all work differently, and have different needs, which is why. we’re always open to discussing flexible working arrangements. Likewise, we’re committed to finding reasonable accommodations for candidates with specific needs during our recruiting process.
So whoever you are, wherever you are, whatever your story, we'd love to hear from you.
How to find out more
If this opportunity excites you but you’re not sure you meet all the requirements, or you’d like to know a bit more,please contact Craig Cooper craig1.cooper@landg.com
If you’d like to be considered for this role, please submit your application through our careers website as we’re not accepting email applications.