Head of US High Yield & Leveraged Loans, L&G - Asset Management, America
Legal & General - Chicago, IL, United States
Posted Jun 10, 2026
Benefits
- Parental leave
- Not verified
- Non-birth-parent leave
- Not verified
- Family-building benefits
-
- Fertility benefits: Not verified
- Adoption assistance: Not verified
- Surrogacy assistance: Not verified
- Mental health support
- Offered From the posting source checked Jun 20, 2026
- Relocation assistance
- Not verified
- Childcare support
- Not verified
- Learning budget
- Not verified
- Verification
- Not verified checked Jun 7, 2026
- Salary
- $250K-$280K From the posting source checked Jun 20, 2026
- 401(k) match
- Reported from DOL Form 5500 industry filing (not employer-specific)
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Market context
- U.S. role benchmark (BLS OEWS)
- $106,409 U.S. median for this role
- Projected growth (BLS Employment Projections)
- +7.7% - Faster than average
149% above the BLS role benchmark for finance aggregate.
Matched to SOC 13-2011 - Finance aggregate by role bucket.
Source: U.S. Bureau of Labor Statistics, OEWS, May 2024 and Employment Projections, 2024-2034.
Role
Schedule
- Shift type
- Not verified
- Weekend work
- Not verified
Company
- Company stage
- Public-company From the posting source checked Jun 20, 2026
Application
- Cover letter
- Not verified
- Assessment
- Not verified
- Deadline
- Not stated
Where they hire
State eligibility is not yet verified.
About this role
Head of US High Yield & Leveraged Loans, L&G - Asset Management, America Chicago, IL, United States Company Description: L&G's Asset Management business is a major investor across public and private markets worldwide, with $1.533 trillion in AUM.* Our clients include individual savers, pension scheme members and global institutions, who invest alongside L&G's own balance sheet. Our ambition is to be a leading global investor, innovating to solve complex challenges for our clients using the power of L&G. This is rooted in our investment philosophy and processes, which are focused on creating value over the long term. We believe that incorporating financially material sustainability criteria, when relevant to our clients, can generate value and drive positive change. Job Description: The High Yield Senior Portfolio Manager will lead portfolio construction and monitoring of the high yield portfolios at LGIMA. This role includes managing the US high yield portion of the Global high yield portfolios, U.S. high yield portfolios and high yield positions in investment grade portfolios. Responsibilities Work closely with the high yield analysts on portfolio construction and monitoring. Collaborate with Global HY team in London on asset allocation and security selection. Identify and have a strong comprehension of relative-value trade ideas within specific issuer names and sectors. Develop relationships with existing Wall Street sales, trading and syndicate desks. Optimize and monitor portfolio position weighting with respect to sector, industry, issuer and security selection compared to benchmarks and targets. Bank loan experience is desired but not mandatory. Work with the Strategy
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