Senior Risk Analyst
Role Overview
The Senior Risk Analyst reports to the Senior Risk Manager – Assurance, Insight & Automation.
The role provides dedicated non-financial risk oversight and support across the Life NFR agenda.
M&G is required to operate effective risk management across its organization as a major UK listed financial services provider.
Key Skills for This Role
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Role context
The Senior Risk Analyst reports to the Senior Risk Manager – Assurance, Insight & Automation.
The role provides dedicated non-financial risk oversight and support across the Life NFR agenda.
M&G is required to operate effective risk management across its organization as a major UK listed financial services provider.
Key responsibilities
- Lead day-to-day second-line oversight, challenge, and first-line Risk engagement across assigned Life business areas and third-party relationships.
- Act as the Risk Framework contact for assigned business areas and build relationships with stakeholders and first-line Risk teams.
- Provide Life NFR subject matter expertise on framework application and MetricStream use.
- Review and challenge RCSA, Issues, Events, KCAs, Processes, and Risk Acceptances; identify and escalate material concerns.
- Deliver framework training and support enhancements and continuous improvement.
- Analyze risk information to identify emerging risks, recurring themes, control concerns, and escalation needs.
- Support assurance reviews, thematic assessments, project engagement, and control environment assessments, including fieldwork and evidence gathering.
- Contribute to Risk Opinions, Control Environment Assessments, governance outputs, assurance planning, and the Life NFR assurance agenda.
- Coordinate specialist Risk and Compliance input and support agreed actions.
Essential experience and skills
- Experience in Operational Risk, Non-Financial Risk, Risk & Compliance, or related control disciplines in financial services.
- Strong understanding of risk frameworks, governance, and risk management processes.
- Expertise with risk management systems and technology platforms, particularly MetricStream.
- Significant independent review and challenge experience across RCSA, Issues, Events, Risk Acceptances, and other framework activities.
- Strong stakeholder management, analytical, and written communication skills.
- Experience in training, governance support, end-to-end assurance reviews, thematic assessments, project engagement, and control environment reviews.
- Ability to manage multiple stakeholders and competing priorities in a regulated environment.
Desirable experience and qualifications
- Life insurance, pensions, or other financial services operations experience is desirable.
- Experience with data analytics and reporting tools is desirable.
- A relevant qualification or progress toward one is desirable, such as IRM, CII, ACA, CIMA, ACCA, IIA, or equivalent.
Flexible working
- M&G will consider flexible working arrangements and workplace adjustments for its roles.
About M&G
M&G operates in Asset Management and Life, offering savings, investment, and insurance solutions.
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