Business Risk Partner - Public Fixed Income

M&G; City Of London; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A leading financial services firm in the City of London is seeking a Business Risk & Control Specialist to manage non-financial risk. The candidate should have significant experience in asset management and strong stakeholder management skills. You will support the identification of risks and manage reporting processes. This role offers flexible working arrangements to suit your needs.

Qualifications

• Significant experience in Financial Services/Asset Management, ideally in risk roles.
• Excellent communication and organization skills.
• Experience in operational risk systems and asset management.

Responsibilities

• Support identification and management of risks and controls.
• Organize and oversee Key Control Assessments.
• Monitor risk and control environment.

Skills

Attention to detail

Reporting skills with Excel/PowerPoint/Power BI

Ability to work to strict deadlines

Stakeholder management

Education

Relevant qualification or experience in Asset Management

Tools

MetricStream

Job description

At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns.

Through our behaviours of 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

We have a diverse workforce and an inclusive culture at M&G plc, 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. Being a Disability Confident Leader means that candidates who meet the minimum criteria of a job, will be offered an interview if they 'opt in' to the scheme when applying.

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: [e-mail]