Business Risk Partner - Public Fixed Income en Mgpru

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 & Control Specialist's support the First Line Business Areas with non-financial risk management and risk reporting in line with the relevant Policies, Frameworks and Standards. They act as first point of contact for the Business (Public Fixed Income), Risk, Compliance and Audit teams in relation to risk and control matters for their respective Business Area or the Business Unit. This role will be working within the 1st Line risk team for Public Markets.

Key Responsibilities:

• Support Identification and management of risks and mitigating actions/controls with the RCSA Owner (typically Head of the Business Area or Business Unit). On-going maintenance of RCSAs, associated Risk Appetite and reporting to committees/management forum.
• Organize and oversee Key Control Assessments (“KCAs”) testing in support of RCSAs through maintenance of Risk & Control Matrices; and liaise with other assurance reviews (e.g. led by Audit).
• Support Identification and management of conflicts of interest and mitigating actions/controls with the Conflict Owner. Maintain the relevant Conflicts of Interest Register in MetricStream and support deep dive activity on key areas of conflict/controls.
• Support and monitor risk and control environment, e.g. MI across risk types, KRIs, RAS and STIP metric monitoring.
• Identify and manage emerging risks proactively for their relevant Business Area, e.g. via trend analysis, Project/Change impact analysis, etc.
• Perform or support with thematic reviews/Deep dives as required.  
• Manage incident management across the Public Markets.  This person will be responsible for convene incident management meetings (of key stakeholders) to mitigate and close out open incidents.  The individual will be responsible to identify the root cause of events and agree with relevant stakeholders all appropriate actions and deadlines to prevent any reoccurrence of such incidents again.
• Support the Business with the identification of business self-identified issues and actions. Record and manage issues and actions on MetricStream/Internal Risk systems.
• Monitor, track and support the Business with timely closure of issues and actions.
• Support Head Business Risk Partners and heads of Businesses to prepare papers/MI for Key Management Meetings and Committees.
• Support the First Line with the maintenance and roll out of their risk and control framework. Provide relevant subject matter expertise to the First Line when required
• Lead and/or provide risk management support, advice and guidance for risk remediation activity, training needs and implementation/embedding of Second Line Risk Frameworks.

Key Experience, Knowledge & Skills required:

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

Essential:

• Excellent level of accuracy and attention to detail.
• 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 and driven.
• An open/effective communication style.
• Excellent planning and organizing skills.
• Stakeholder Management

Desirable but not essential:

• Relevant qualification or experience in Asset Management and Public Markets mainly Public Fixed Income.   
• Operational Risk Systems such as MetricStream
• Asset Management Operational knowledge

Recruiter: Hannah Curtis

Work Level: Experienced Colleague

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]