Framework & Reporting Junior Risk Analyst

Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions. 

Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.

Through telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

We will consider flexible working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role.

The Role

We are seeking a motivated and conscientious individual who is interested in working in Financial Services and wishes to pursue a career in Risk Management. The successful applicant will become an integral part of the Non-Financial Risk (NFR) Framework & Reporting team within the M&G plc Risk function and be provided with the mentoring and training to develop their career.

The M&G plc Risk function is responsible for effectively advising and challenging key stakeholders, challenging risks effectively and proactively, and adding value through providing enhanced business insights to ensure that risk is managed in line with the expectations of clients, shareholders and regulators, and to support the delivery of customers’ long term needs.

The Enterprise Risk Reporting & ICARA team develops and produces internal and external risk reporting and disclosures. The team also leads, coordinates and manages a range of risk management processes including policy governance and the solvency and liquidity assessments for the Asset Management business (the ICARA).

The Framework & Reporting Junior Risk Analyst assists in the development, implementation and embedding of the risk and policy governance frameworks, training to business areas and reporting of the key components of the risk framework to executive and board risk and audit committees and for external disclosures. The role works closely with the oversight teams in delivering the risk framework.

Key Responsibilities for this Role:

Role Specific

• Lead on the delivery and ongoing development of monthly reporting and analysis to support the assessment of the control environment.
• Contribute to the delivery and ongoing development of the internal / external risk reporting undertaken on a regular basis for Board Committees and external audiences, including regulators, clients and shareholders.
• Support the delivery of the annual Operational Risk Scenario exercise and the ICARA.
• Support the team's deliverables outside of those related to current role.

Enterprise Risk Reporting & ICARA team Generic:

• Be personally accountable for adhering to required standards of conduct and identifying, assessing, managing and reporting risks within your area of responsibility, including supporting formal risk management activities and complying with M&G’s Policy Framework e.g. contributing to Risk & Control Self Assessments, identifying and managing conflicts of interest and timely closure of issues and actions.
• Demonstrate how you use our values and behaviours to deliver your personal/team objectives in support of our strategic drivers.
• Working with a large network of stakeholders across the Group to enable the delivery of key activities.
• Assisting in coordinating the development and assisting the oversight team in the delivery of training to M&G plc risk professionals, senior management and the business.

Key Knowledge, Skills & Experience:

• Knowledge - Knowledge of risk management in financial services (essential).
• Knowledge - Strong written and verbal communication skills (essential).
• Knowledge - Knowledge of enterprise risk reporting requirements, policies and standards, and risk training (desirable).
• Skills – Experience in using Microsoft Office packages - in particular Excel, PowerPoint and Word (essential).
• Skills – Ability to work with a network of stakeholders across the Group to enable the delivery of key activities (essential).
• Skills - Strong drive and delivery, committed to achieving results and delivering on time (essential).
• Skills - Curious and continually looking to seek out improvements and not just accepting the status quo (essential).
• Skills - Strong analytical thinking and a critical evaluator of information/issues (desirable).
• Experience - Experience with production and development of quantitative and qualitative reporting (essential).
• Experience - Experience with working in a second line risk team (desirable).
• Experience - Experience with the development of policies and standards (desirable).
• Experience - Experience with developing and delivering risk training (desirable).
• Experience - Experience with implementation and ongoing support of a GRC system (desirable).

Experience Level: Colleague

Recruiter: Helen Simons

What we offer:

At M&G, we’re committed to helping you thrive and supporting your wellbeing, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, while planning confidently for your future. Our UK benefits include:

• As a savings and Investments firm we are proud to offer a valuable pension scheme of 18%, with 13% made up of Employer Contributions and 5% Employee Contributions. We also offer Share Save and our Share Incentive Plan, together with access to financial wellbeing and support services - to help give you real confidence to put your money to work.

• Enjoy 38 days annual leave including bank holidays, with the opportunity to purchase up to 5 extra days and additional flexibility through our Time Off When You Need It policy – to balance your work and personal commitments.  

• Our market leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave - as supporting families is a core aspect of our inclusive culture.

• Health & Protection cover including Private Healthcare, Critical Illness cover and Life Assurance for you, with family options - for peace of mind.

To explore more about life at M&G and our full benefits offering, visit Life at M&G

We have a diverse workforce and an inclusive culture at M&G, underpinned by our policies and our employee-led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.

M&G is also proud to be a Disability Confident Leader, and we welcome applications from candidates with long-term health conditions, disabilities, or neuro-divergent conditions. 

If you need assistance or an alternative means of applying for a role due to a disability or additional need, please let us know by contacting us at: [email protected]