Supplier Relationship Manager – Middle Office and Transfer Agency Services

Posted Yesterday
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London, England, GBR
In-Office
Mid level
Insurance • Financial Services
The Role
Manage strategic supplier relationships for Middle Office and Transfer Agency services, ensuring governance, performance monitoring, risk oversight, assurance reviews, and cross-functional stakeholder engagement to improve supplier value and operational effectiveness.
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 Group Functions provide the services that all areas of the business need. This requires a talented and diverse team behind the scenes, who enable everyone at L&G to do what they do best.  

Joining us means helping to improve the lives of our customers and contributing to the success of the business every day. 

Job Description

We're looking for a Supplier Relationship Manager to join our growing Asset Management supplier management team. This is an exciting opportunity to play a key role in overseeing strategically important outsourced services, working closely with one of our most significant partners, alongside a wider ecosystem of providers.

You'll help ensure strong governance, effective supplier oversight and successful outcomes across Middle Office and Transfer Agency services. Working with stakeholders across Operations, Technology, Compliance, Operational Resilience and Procurement, you'll contribute to the delivery of critical services that support our Asset Management business.

What you’ll be doing:

What you'll be doing

  • Managing strategic supplier relationships to support strong service delivery, governance and contractual compliance
  • Partnering with operational oversight teams to ensure effective management of Middle Office and Transfer Agency services
  • Monitoring supplier performance, risks, issues and key oversight metrics to support informed decision-making
  • Coordinating governance forums, review meetings and due diligence activities across internal and supplier stakeholders
  • Supporting supplier assurance reviews, resilience assessments and ongoing compliance with supplier management frameworks
  • Building strong relationships across Operations, Compliance, IT, Procurement and Asset Management teams globally
  • Identifying opportunities to improve supplier performance, value and operational effectiveness
  • Contributing to the development of supplier management best practice and knowledge sharing across the wider team

What we're looking for

  • Experience in supplier relationship management, supplier governance, operational oversight or vendor management within financial services
  • Knowledge of Asset Management operations, particularly Middle Office outsourcing and/or Transfer Agency services
  • Strong stakeholder management skills with the ability to build relationships across teams and organisational boundaries
  • An understanding of supplier risk, governance and third-party management principles
  • Confidence working with performance data, management information and reporting activities
  • Strong communication and influencing skills, with the ability to engage stakeholders at different levels
  • Good commercial awareness and the ability to balance risk, performance and business outcomes
  • Experience within Asset Management, an outsourced service provider, or a Transfer Agency environment would be particularly valuable

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, 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. 

Skills Required

  • Experience in supplier relationship management, supplier governance, operational oversight or vendor management within financial services
  • Knowledge of Asset Management operations, particularly Middle Office outsourcing and/or Transfer Agency services
  • Strong stakeholder management skills and ability to build relationships across teams
  • Understanding of supplier risk, governance and third-party management principles
  • Confidence working with performance data, management information and reporting activities
  • Strong communication and influencing skills
  • Good commercial awareness and ability to balance risk, performance and business outcomes
  • Experience within Asset Management, an outsourced service provider, or a Transfer Agency environment
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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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