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Senior Risk Analyst

M&G plc
Stirling, GBR
Full-time
Onsite
Discovered 4 days ago
Operational riskNon-financial riskRisk and complianceRisk management frameworksMetricStreamRCSA review and challenge

Full Job Posting

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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