At M&G our vision is: to become the best loved and most successful savings and investment business and we're looking for people who are excited about joining us on our journey. We're digitally transforming and investing heavily in technology and innovation to develop new and improved customer propositions that really raise the bar for our customers. To help us achieve our vision we're looking for exceptional people who live our values and behaviours and who can inspire others; embrace change; deliver results and keep it simple.
We know that an inclusive environment makes us more accessible and ensures we attract, engage, promote and retain exceptional people. We welcome applications from all individuals regardless of age, gender/gender identity, sexual orientation, ethnicity/nationality, disability, or military service and welcome those who have taken career breaks. We will consider flexible working arrangements or home working arrangements for any of our roles.
What you can expect from us: We are committed to creating an environment where you can be exceptional at all you do. To help us deliver this, we promise to:
Challenge Your Limits by creating a stimulating working environment and providing opportunities for you to be involved in meaningful and challenging work
Support Your Aspirations with a commitment to learning and development that helps you achieve and build your experience with people who want you to succeed
Value Your Input whereby leaders and managers will involve you in key decisions, listen to your thoughts and recognise the important contribution you make
Balance Your Life through a work life partnership that focuses on making this an inclusive, diverse and friendly place to work and offers the flexibility and support that enables everyone to be at their best
How do we support our employees: All M&G plc employees will be supported in the workplace through our LifeWorks employee assistance programme which is run by Canada Life. If you need counselling, confidential financial or legal advice. T he service is available 24 hours a day, 365 days a year and offers access to qualified professionals who can provide specialist information, advice and support on many issues. It offers a broad range of services, including help with family issues, maintaining work/life balance and mental health support.
"The M&G plc Risk & Resilience function is responsible for effectively advising and challenging key stakeholders, challenging risks effectively and proactively, and adding value through providing enhanced business insights to ensure that risk is managed in line with the expectations of clients, shareholders and regulators, and to support the delivery of customers' long term needs. Operational Risk maintains the overall Operational Risk Framework, leads, coordinates and manages a range of risk management processes including overall risk reporting. The COO Oversight Senior Risk Analyst reports to the Oversight Managers for the respective areas for M&G plc. The role sits in the Operational Risk function, assisting in the operational risk oversight for the COO Functions."
Accountable for providing a quality service or product to customers and stakeholders, using skills/experience built through significant practical experience or training
For team leaders, accountable for ensuring the team the role supports is delivering a quality service or product
Works within established frameworks and procedures, with the freedom to interpret them to solve a range of problems
Delivers outputs that are clearly defined, using discretion over how to achieve them
Makes suggestions for improvements to the work of the team, based on previous experience and knowledge of similar situations
Key Responsibilities for this role:
Ensure compliance to the people policies, Group Code of Conduct and embedding desired behaviours
Be personally accountable for identifying, assessing, managing and reporting risks within your area of responsibility, including supporting formal risk management activities e.g. Risk & Control Self Assessments and timely closure of Assurance actions
Assist on the operational risk engagement with the Business Area on all operational risk matters and bring specialists in as required, including oversight of Business Area outsourcing partners.
Assist on the oversight and guidance of Business Area implementation of Operational Risk Framework including workshop facilitation - e.g. RCSA, Notifiable Events, Risk Appetite (Tolerances, Limits and Triggers) and Scenarios.
Help develop and maintain the relationship between the first line and Operational Risk that is positive, respectful and constructive including oversight of risk culture embedness.
Assist on the delivery of Business Area specific Operational Risk training
Assist in the review and challenge of Business Area led root cause analysis.
Assist in the oversight and guidance of major Business Area specific change management programmes.
Key Knowledge, Skills & Experience:
Knowledge - Knowledge of operational risk within the asset management industry (essential)
Knowledge - Knowledge of key concepts across Finance, Supplier, Data Governance, Change and Customer (desired)
Knowledge - Knowledge of key regulatory frameworks impacting the relevant business areas.
Skills - Strong presentation skills with the ability to explain and articulate asset management concepts (essential).
Skills - Strong written and verbal communication skills (essential).
Skills - Ability to lead the team and work collaboratively with other teams across the three lines of defence (essential).
Experience - Experience of working within second or first line risk teams within financial services (essential)
Experience - Operational risk experience and embedding risk frameworks in either insurance or asset management firms.
Experience - Experience working with a variety of senior stakeholders up to Board level (essential)
Experience - Experience in operational risk oversight including the embedding of an operational risk framework in the first line of defence (desired)
Relevant professional qualification (e.g. IRM Diploma in Risk Management, ACA, CIMA, ACCA, IIA) - (desirable)
Work Level: Experienced Colleague
Recruiter Name: Tom Hunt
Closing Date: 21/01/2020
We live by four behaviours at M&G and we ask all our employees to:
Inspire Others - Support and encourage each other, creating an environment where everyone can contribute and succeed
Embrace Change - Be open to change, willing to be challenged and able to adapt quickly and imaginatively to new ideas
Deliver Results - Focus on outcomes, set high standards and deliver with energy and determination
Keep it Simple - Cut through complexity and bureaucracy, be clear and decisive and never overcomplicate things