M&G PLC

Junior Business Risk Partner, COO

London Full time

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:

Business Risk Partners ‘BRPs’ work in collaboration with the businesses they support and act as first point of contact for a range of non-financial risk and controls matters. This role will be working within the Risk and controls team primarily supporting M&G Asset Management COO functions, but may also entail providing broader support to the M&G Asset Management Chief Controls Officer function.

The COO function sits at the heart of M&G Asset Management, playing a critical role in enabling and supporting Front Office activity across the firm. This role offers a unique opportunity to gain broad and varied exposure across the Asset Management value chain, developing a deep understanding of how the business operates in practice while working closely with stakeholders across investments, distribution and operations.

Key Responsibilities:

  • Support identification, on-going maintenance and management of risks and mitigating actions/controls in relation to the M&G Asset Management COO RCSA
  • Support identification and testing of Key Controls and providing support in relation to other assurance reviews (e.g. led by Audit or Compliance Monitoring and Testing), to ensure risk mitigation and remediation remains robust, pragmatic and proportionate
  • Support with delivery of annual AAF 01/20 internal controls report, in collaboration with external auditor.
  • Support and monitor risk and control environment, e.g. MI across risk types, KRIs, RAS and Control Environment metric monitoring, ensuring any issues identified are closed appropriately and in a timely manner.
  • Identify and manage emerging risks proactively, e.g. via trend analysis, Project/Change impact analysis, etc, supporting/ performing thematic reviews/ deep dives as required.
  • Coordination and remediation of risk events
  • Collaborate with the Business to identify issues and remedial actions. Record and manage issues and actions on MetricStream/Internal Risk systems.
  • Support and produce papers/MI for Key Management Meetings and Committees.
  • Provide risk management support, training, advice and guidance to stakeholders across the COO function.

Experience, Knowledge & Skills Required:

Desired candidate would ideally have experience in Financial Services/Asset management, ideally within first/second line risk and control or Operational roles;

Essential;

  • Excellent level of accuracy and attention to detail.
  • Ability to pick up key concepts quickly.
  • Reporting experience – working skills with excel/PowerPoint/Power BI for an executive audience.
  • Ability to work to strict deadlines - under pressure from varied stakeholders.  
  • Forward thinking, collaborative and driven.
  • An open/effective communication style.
  • Excellent planning and organizing skills.
  • Excellent stakeholder Management

Desirable but not essential;

  • Relevant qualification or experience in Asset Management
  • Operational Risk Systems such as MetricStream
  • Asset Management Operational knowledge

Recruiter: Sarah Hawkins

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: careers@mandg.com