Non-Financial Risk Analyst, M&G
International savings and investments company
Be an early applicant
International savings and investments company
1001+ employees
Be an early applicant
1001+ employees
Company mission
To help people manage and grow their savings and investments, responsibly.
Role
Who you are
- This is a great opportunity for someone who wants to learn and grow in their career in non-financial risk management across several technical risk areas such as risk frameworks, governance, reporting, ICARA, deep dives, incidents management and RCSAs
- Some knowledge of the asset management business including its risk regulatory and technical requirements
- Working towards a professional qualification
- Membership to key external professional bodies (e.g., IOR, IRM, IA, etc.)
- Experience Level: Experienced Colleague
What the job involves
- The Non-Financial Risk team in M&G Asset Management is recruiting for a risk analyst to join the team
- The Analyst of Non-Financial Risk in Asset Management is responsible for supporting the Experienced Manager and Manager of Non-Financial Risk to execute their Non-Financial Risk responsibilities across the asset management business
- This role reports to the Head of Non-Financial Risk who ultimately supports the CRO in meeting their non-financial risk responsibilities as an SMF 4
- Support the Manager in executing a robust Non-Financial Risk Governance model
- Support the Manager in performing risk / data analysis to support the production of best-in-class risk reports on non-financial risk matters
- Monitor 1b risk reports submitted to key management committees / forums as first line risk responsibilities
- Support the Manager in maintaining appropriate Risk Framework documentation on Non-Financial Risk matters
- Support the Manager in designing, implementing and embedding key mandatory training to support the asset management business in conducting its non-financial risk responsibilities
- Support the Manager in the design, implementation and embedding of risk systems used for RCSA cycles.
- Support the Manager in data collation, review and preparation for ICARA activities
- Support the Manager and Experienced Manager in drafting risk summaries from the detailed framework documents
- Support the Manager in the identification of key deep dives, thematic reviews and assurance reviews to be undertaken in the asset management business
- Support the Manager in executing deep dives, thematic or assurance reviews.
- Review, challenge and advise on the RCSA setup and design in the asset management business
- Review and challenge on specific RCSAs undertaken by first line as directed by the Manager. Provide general advisory support where needed
- Conduct cultural monitoring around the RCSA cycle to identify key areas of concern, improvements of challenges identified (proactively and reactively) as directed by the Manager
- Provide risk system support (technical advisory) to the asset management business.
- Support the Manager in monitoring, reviewing and challenging the incidents in the business to identify (i) themes / concentrations of incidents, (ii) cultural / technical improvements, (iii) data quality improvements of cause, event and effect, (iv) quality improvements of remedial actions to prevent reoccurrence and treat customers fairly, (v) improvements in compensable events, (vi) gaps / improvements in engaging with all technical specialists during incident investigations, (vii) reportable events to regulators.
- Provide general technical advisory support on non-financial risk matters
- Know when to reach out to specific technical specialists in the business to support non-financial risk matters. E.g., supplier / third party risk, cyber risk, data privacy risk, etc
Application process
- Recruiter: Helen Simons
Salary benchmarks
Our take
Established through a merger with Prudential's UK and Europe operation in 2017, M&G has emerged as a leading savings and investment company. Combining five prominent brands under one umbrella - M&G Real Estate, M&G Investments, Pru, M&G Wealth, and Infracaptial - the company boasts a robust global financial services operation.
M&G's commitment to enhancing its platform's offerings is evident through substantial investments in service and support infrastructure. Innovations such as deep back-office integration, cloud-based customer relationship management tools, and e-signature software underscore the company's dedication to providing top-notch solutions.
Catering to a diverse clientele ranging from individuals to major enterprises, M&G continues to expand its international presence. The company's strategic focus on diversifying its thematic range and leveraging advancements in AI and Big Data reflects its proactive approach to capitalizing on emerging opportunities. Through new hires and a forward-thinking mindset, M&G is poised to maintain its position as a key player in the ever-evolving landscape of savings and investment.
Steph
Company Specialist
Insights
Company
Company benefits
- 8% non-contributory pension plus up to 5% matching
- Life Assurance & Death in Service
- Support, feedback and development programmes to help you reach your full potential
- Flexible culture and ways of working
- Focus on health & wellbeing
- 30 days holiday as standard (excluding bank holidays), with the ability to purchase an additional 5 days
- Time off when you need it includes carer's leave, faith leave, grandparent leave and career breaks
- New parents receive up to 26 weeks of full pay while on leave
- 4-week back-to-work transition for new parents: work 80% of your contractual hours, be paid for 100%
- New parents can take family leave in flexible blocks within the first year of birth/adaoption
Company values
- Care : We act with care – treating customers, clients and colleagues with the same level of respect we would expect for ourselves. And we invest with care, making choices for the long term
- Integrity: We empower our people at M&G to do the right thing, honouring our commitments to others and acting with conviction. Our business is built on trust and we don’t take that lightly
Company HQ
City of London, London, UK
Articles
Leadership
Andrea Rossi
(CEO, not founder)Co-Founder & Director at REsustain. Former CEO of AXA, and was an FC Girondins de Bordeaux Board Member.
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