Risk Solutions Analyst

M&G plc.
London, United Kingdom
28 May 2022
02 Jun 2022
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
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 and also offer work place accommodations to ensure you have what you need to effectively deliver in your role.

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 M&G Employee Assistance Programme (EAP). If you need counselling, confidential financial or legal advice. The 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.

Role Context:

The Risk Solutions team sits within the business second line risk function alongside the fixed income, equity, multi-asset and private markets investment risk teams. It has responsibility for ownership of the risk models used across the business, providing derivatives support from a valuation, collateral and risk metrics perspective and providing key risk reports to the business, clients and regulators.

Work Level Accountabilities:

Experienced Colleague:
  • Accountable for delivering expert advice or service, using specialist knowledge and subject matter expertise
  • Applies judgement to deliver outcomes, evaluating a range of potential solutions, considering the impact for customers, cost and risk
  • Manages conflicts that may impact delivery
  • Challenges upwards given knowledge of delivery and awareness of complex systems and the broader picture
  • Identifies and anticipates need for changes to continuously improve quality and efficiency of output
  • Manages resources and risks using expert judgment, know-how and experience

  • Validation and ownership of Aladdin risk models and their inputs
  • Providing risk support to the Derivatives Management Group and Fixed Income fund managers on hedging activities
  • Providing derivatives expertise across the business
  • Validating new instruments to ensure they are fully supported from a valuation & risk perspective
  • Validating investment valuation models
  • Producing key risk reports for internal business units, external clients and regulators
  • Responding to ad-hoc queries for risk metrics

Skills, Knowledge & Experience:
  • 4 years'+ experience in an investment risk, investment quant analytics or similar role at an asset management house or other financial services organisation
  • Understanding of derivatives (rates, inflation, credit) and the drivers of their valuations & risk metrics
  • Understanding of fixed income and equity risk models
  • Knowledge of VaR and UCITS/AIFMD leverage calculations would be beneficial
  • Ability to work to tight deadlines. Attention to detail. Ability to set own priorities and deadlines and respond to requests from other business areas in a timely and professional manner
  • A good degree in a finance related or quantitative subject. CFA qualified desirable.
  • Experience in VBA and SQL would be strongly preferred. Additional Python knowledge would also be welcome.
  • Experience with Aladdin highly desirable
  • Good communication skills. Comfortable in communicating ideas and analysis at different levels
  • Keen interest in learning and applying new skills

Recruiter: Tom Hunt
Work Level: Experienced Colleague
Closing Date: 31/05/2022

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

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