Quantitative Risk Analyst - Sustainability

M&G plc; United Kingdom; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading savings and investment firm in the United Kingdom is seeking a Quantitative Risk Analyst - Sustainability to enhance sustainability risk oversight. The role requires strong quantitative and coding skills, particularly in Python, and a commitment to sustainability within asset management. Ideal candidates will possess relevant experience and strong communication skills. The position offers competitive compensation, extensive benefits including an 18% pension scheme and 38 days of leave.

Benefits

18% pension scheme

38 days annual leave including bank holidays

Private Healthcare

Qualifications

• 1 to 3 years' experience in sustainability risk modelling is a plus.
• Strong coding skills in Python essential.
• Prior experience in asset management is essential.

Responsibilities

• Contribute to developing quantitative sustainability risk analysis.
• Support design and implementation of sustainability stress tests.
• Integrate sustainability into asset management risk processes.

Skills

Sustainability risk modelling

Python

Communication

Initiative

Technical problem-solving

Education

Masters or PhD in scientific/quantitative field

Job description

Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.

Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.

Through 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:

We are seeking a Quantitative Risk Analyst - Sustainability to support our efforts in strengthening our second line sustainability risk oversight activities. The ideal candidate will have experience in working on modelling sustainability risks in the context of asset management or could leverage her/his previous experience in other applied quantitative fields. This is a highly technical role requiring a strong quantitative and coding background.

The Quantitative Risk Analyst - Sustainability will interact mostly with Investments, Stewardship & Sustainability, Product and other second line teams to collectively enhance sustainability risk measurement and representation across the Group.

The Quantitative Risk Analyst - Sustainability will report to the Head of Risk Europe with global responsibilities for Sustainability Risk, Risk Analytics & Modelling for Asset Management.

Responsibilities:

• Contribute to further developing quantitative sustainability risk analysis for our asset management business
• Support the design and implementation of specific sustainability stress tests on portfolios across public and private market investment strategies
• Support integration of sustainability into asset management risk processes and activities
• Support presentation and communication of sustainability risk assessments to internal committees, and other key stakeholders
• Support training and upskilling of investment and risk teams
• Participating in cross-functional initiatives to foster firm-wide sustainability practices

Skills, Knowledge & Experience:

• 1 to 3 years' experience in sustainability risk modelling in asset management or related field is a plus
• Strong coding skills (i.e. Python) is essential
• Prior experience in asset management is essential
• Strong entrepreneurial mindset, taking initiative to continuously learn, and, develop and implement ideas to enhance risk oversight practices
• Strong technical skills and ability to apply these skills to business problems
• Prior experience in a second line risk oversight function a plus
• Strong communication skills. Comfortable in communicating ideas and analysis at different levels
• A Masters or PhD degree in scientific/quantitative field would be advantageous

Experience Level: Experienced colleague

Recruiter: Helen Simons

What we offer:

At M&G, we're committed to helping you thrive and supporting your wellbeing, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, while planning confidently for your future. Our UK benefits include:

• As a savings and Investments firm we are proud to offer a valuable pension scheme of 18%, with 13% made up of Employer Contributions and 5% Employee Contributions.We also offer Share Save and our Share Incentive Plan, together with access to financial wellbeing and support services - to help give you real confidence to put your money to work.
• Enjoy 38 days annual leave including bank holidays, with the opportunity to purchase up to 5 extra days and additional flexibility through our Time Off When You Need It policy - to balance your work and personal commitments.
• Our market leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave - as supporting families is a core aspect of our inclusive culture.
• Health & Protection cover including Private Healthcare, Critical Illness cover and Life Assurance for you, with family options - for peace of mind.

To explore more about life at M&G and our full benefits offering, visit Life at M&G

We have a diverse workforce and an inclusive culture at M&G, 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.

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]