Grant Compliance Officer

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London, England, GBR
In-Office
Entry level
Insurance • Financial Services
The Role
Support compliance and administration of affordable housing grant programmes. Responsibilities include recording schemes in IMS and OPS, processing milestone claims, maintaining financial and management records, monitoring development expenditure, updating processes for regulatory changes, and collaborating with development, delivery, sales, finance, and external funding stakeholders.
Summary Generated by Built In
Company Description

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. 

Job Description

We’re looking for a Grant Compliance Officer to support the effective management of our strategic grant programmes with the Greater London Authority, Homes England and other relevant funding bodies. You’ll help ensure affordable housing projects are accurately documented and delivered in line with public funding agreements, regulatory standards and internal requirements.

This is an excellent opportunity to work collaboratively across Development, Delivery, Sales and Finance, while contributing to the delivery of high-quality affordable housing. We welcome applications from people with different backgrounds and experiences who can bring strong attention to detail, sound judgement and a collaborative approach to the role.

What you’ll be doing:

  • Supporting the Grant Compliance Manager in recording and delivering affordable housing schemes in line with funding agreements and regulatory requirements
  • Liaising with Development and Delivery Managers to ensure grant-funded schemes are recorded accurately in the IMS and OPS systems
  • Completing milestone claims accurately and promptly in accordance with grant funding requirements
  • Maintaining accurate and up-to-date management and financial information across relevant schedules and systems
  • Monitoring and recording development expenditure for grant-funded schemes in preparation for the QDE
  • Improving existing processes to reflect regulatory changes and updates to the Capital Funding Guide
  • Collaborating with Development, Delivery, Sales and Finance colleagues to support compliance with affordable housing regulations
  • Building and maintaining effective working relationships with colleagues and key stakeholders

Who we’re looking for:

  • Knowledge of social housing and the wider residential sector
  • Understanding of social housing development, housing management and relevant regulatory requirements
  • Experience of working with IMS and OPS systems
  • Effective project management and risk management skills
  • Experience in contract management and compliance
  • Strong attention to detail with a practical, solutions-focused approach
  • A proactive and adaptable mindset, with the confidence to embrace change and new opportunities
  • Commercial awareness and the ability to work collaboratively with internal colleagues and external stakeholders

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

Additional Information

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. 

Skills Required

  • Knowledge of social housing and the wider residential sector
  • Understanding of social housing development, housing management, and relevant regulatory requirements
  • Experience working with IMS and OPS systems
  • Effective project management and risk management skills
  • Experience in contract management and compliance
  • Strong attention to detail and a practical, solutions-focused approach
  • Proactive and adaptable mindset
  • Commercial awareness and ability to collaborate with internal colleagues and external stakeholders

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The Company
HQ: London
8,417 Employees

What We Do

Established in 1836, Legal & General is one of the UK’s leading financial services groups and a major global investor, with £1.2 trillion in total assets under management (as at FY23) of which c40% (circa £0.5 trillion) is international. We have a highly synergistic business model, which continues to drive strong returns. We are a leading international player in Institutional Retirement, in Retail Savings and Protection, and in both public and private markets through our Asset Management division. Across the Group, we are committed to responsible investing and dedicated to serving the long-term savings and investment needs of customers and society. As at 7 June 2024, we estimate the Group’s Solvency II coverage ratio to be 224%. As at 11 June 2024, Legal & General has a market capitalisation of £14.6 billion.

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