Sustainability 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.

We are seeking a Sustainability Risk Analyst to support and enhance our second-line sustainability risk oversight across the asset management business. The ideal candidate will bring a strong foundation in sustainability/ESG risk, with the ability to translate emerging sustainability themes, regulatory expectations, and industry standards into effective risk oversight practices. This role requires a broader interest in sustainability issues, an understanding of ESG risks in public and private markets, strong analytical thinking and the ability to collaborate effectively with investment teams and senior stakeholders.

The Sustainability Risk Analyst will work closely with Investments, Stewardship & Sustainability, Product, Compliance and other second-line functions to strengthen the measurement, assessment and governance of sustainability risks across the Group.

Responsibilities

• Enhance sustainability risk oversight across asset classes by contributing to the development and refinement of analytical risk assessment frameworks.
• Support sustainability risk assessments of portfolios across public and private markets, including analysis of environmental and social risk factors, controversy exposure, transition and physical climate risks, and governance-related risks.
• Contribute to sustainability-related thematic reviews and deep dives on emerging risks, sector-specific vulnerabilities, or regulatory developments.
• Strengthen integration of sustainability factors into existing risk processes, policies, tools and methodologies.
• Assist in sustainability risk reporting to internal committees, governance bodies, and other stakeholders, ensuring clear and consistent communication of risk themes and insights.
• Collaborate with Investment, Sustainability, and Stewardship teams to ensure alignment in how sustainability considerations are identified, assessed, and monitored across strategies.
• Apply data literacy and quantitative techniques to organise, validate and interpret sustainability related datasets and portfolio level metrics used in risk oversight.
• Participate in cross‑functional sustainability initiatives aimed at improving firm-wide ESG practices, disclosures, and governance.

Skills, Knowledge & Experience

• 1 to 3 years of experience in sustainability/ESG risk, ESG research, stewardship, sustainable investing, or a related field within asset management or financial services. (Essential)
• Strong understanding of sustainability risks, such as climate-related risks (transition/physical), biodiversity risk, social risks, and governance concerns relevant to investment portfolios. (Essential)
• Familiarity with ESG data, frameworks, and standards, such as SFDR, SDR, EU Taxonomy, TCFD, ISSB, GRI, and proxy voting/stewardship principles. (Essential)
• Experience in asset management or adjacent financial sectors is advantageous.
• Ability to translate sustainability themes and regulatory requirements into practical risk oversight insights.
• Strong analytical mindset, comfortable working with ESG datasets, portfolio information and sustainability research.
• Solid communication skills, with the ability to articulate sustainability risk considerations to both technical and non‑technical stakeholders.
• Demonstrated initiative and learning mindset, with a willingness to develop new approaches and challenge existing practices.
• Prior experience working in a second line of defence risk function is a plus.
• A Bachelor's or Master’s degree in Sustainability, Environmental Studies, Economics, Finance, Public Policy, Risk, or another relevant field is advantageous.
• Quantitative - including coding (Python) - skills are advantageous. 
• Relevant ESG or sustainability-related qualifications - such as the CFA in ESG Investing or the CFA Certificate in Climate & Investing - are advantageous.

Experience Level: Experienced 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]