Senior Risk Analyst

About Mandgprudential

• At M&G, 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 offer workplace adjustments to ensure you have the support you need to succeed in your role.

Responsibilities

• Lead day-to-day 2LOD oversight, challenge and Line 1 Risk engagement across assigned Life business areas and third-party relationships.
• Act as the primary Risk Framework contact for assigned business areas, supporting effective relationships with business stakeholders and first-line Risk teams.
• Act as Life NFR SME for Risk Framework application and MetricStream utilisation, providing guidance, challenge and support across the Life business.
• Lead framework oversight activities including review and challenge of RCSA, Issues, Events, KCAs, Processes and Risk Acceptances, ensuring effective identification and escalation of material concerns.
• Design and deliver Risk Framework training and support implementation of framework enhancements and continuous improvement initiatives.
• Provide independent analysis of risk information to identify emerging risks, recurring themes, control concerns and areas requiring escalation.
• Support assurance reviews, thematic assessments, project engagement and control environment assessments through planning, analysis, evidence gathering and fieldwork activities.
• Support development of Risk Opinions, Control Environment Assessments and governance outputs through analysis, drafting and insight generation.
• Coordinate engagement with specialist Risk and Compliance SMEs and support delivery of agreed actions and outcomes.
• Provide risk analysis and insight to support assurance planning, prioritisation and development of the Life NFR assurance agenda.

Requirements

• Essential Experience within Operational Risk, Non-Financial Risk, Risk & Compliance or related control disciplines in a financial services environment.
• Strong understanding of risk management frameworks, governance and risk management processes.
• Expertise in risk management systems and technology platforms, in particular MetricStream.
• Significant experience undertaking independent review and challenge of RCSA, Issues, Events, Risk Acceptances and other Risk Framework activities.
• Ability to independently assess framework outputs and identify areas requiring challenge or escalation.
• Strong business partnering and stakeholder management skills, with experience engaging directly with business stakeholders and first-line Risk teams.
• Experience designing and delivering training, governance support and Risk Framework guidance.
• Strong analytical capability with the ability to identify emerging risks, trends, recurring themes and cross-business read-across.
• Experience supporting end-to-end assurance review activities, including planning, analysis, evidence gathering and fieldwork.
• Experience supporting thematic assessments, project engagement and control environment reviews.
• Strong written communication skills with the ability to contribute to Risk Opinions, Control Environment Assessments and governance outputs.
• Experience coordinating multiple stakeholders and managing competing priorities within a regulated environment.

Preferred

• Experience in life insurance, pensions or other financial services operations.
• Experience using data analytics and reporting tools to support risk oversight and insight generation.
• Relevant professional qualification or progress towards qualification (e.g. IRM, CII, ACA, CIMA, ACCA, IIA or equivalent).

Benefits

• We’re dedicated to supporting your wellbeing and helping you thrive, both at work and beyond.
• Our benefits are designed to help you balance your professional and personal life , and financially plan for the future.

Our UK benefits include

• A valuable pension scheme of up to 18% (13% made up of employer contributions and 5% employee contributions).
• Access to our Share Save and Share Incentive Plan, alongside 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 five extra days.
• Our Time Off When You Need It policy gives you the flexibility - to balance work and personal commitments.
• Our market-leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave - because supporting families is an important part of our inclusive culture.
• Health & Protection cover includes Private Healthcare, Critical Illness cover and Life Assurance for you, with additional family options - for peace of mind.
• To explore more about life at M&G and our full benefits offering, visit Life at M&G

Diversity and inclusion

At M&G we strive to have a diverse workforce and an inclusive culture, underpinned by our policies and employee-led networks that offer networking, support and development opportunities for the diverse communities our colleagues represent.

We welcome applications from people of all backgrounds – across gender, ethnicity, age, disability, sexual orientation and more – including neurodivergent individuals, career returners and those with military service experience.

M&G is proud to be Level 3: Disability Confident Leader under the UK Government Disability Confident employer scheme, and we welcome applications from candidates with disabilities and long-term health conditions.

If you would like to participate in the initiative, you will have the opportunity to indicate this on your application.

Recruitment process

• We are committed to providing an inclusive recruitment process.
• All candidates have the opportunity to request reasonable adjustments when applying.
• If you need any additional support at any stage, please contact us at: [email protected]

Role details

Level - Experienced Colleague Recruiter - Helen Simons