Regulatory, Risk & Data Reporting Analyst

M&G; Bath; On-site; GBP 45,000 - 65,000; Full time

Job summary

A leading financial services company in Bath is seeking an experienced Second Line Regulatory / Risk Reporting Analyst. This role involves providing oversight and independent review of regulatory and risk reports, supporting compliance and internal audit functions, and engaging with various stakeholders. The ideal candidate has expertise in regulatory frameworks and experience with reporting tools like Power BI, SQL, and Excel. This position offers opportunities for flexible working arrangements.

Benefits

Flexible working arrangements

Workplace accommodations

Diverse workforce and inclusive culture

Qualifications

• Understanding of relevant regulations and regulatory frameworks is essential.
• Experience using reporting tools like Power BI, SQL, and Excel is essential.
• Proven track record in preparing and submitting regulatory returns is essential.

Responsibilities

• Provide independent review and challenge of regulatory and risk reports.
• Support regulatory submissions and requests.
• Review and challenge risk MI and dashboards.

Skills

Understanding of relevant regulations and regulatory frameworks

Experience using Power BI

Experience using SQL

Experience using Excel

Attention to detail in data validation

Ability to interpret complex data sets

Proactive problem-solving

Strong interpersonal skills

Experience in fast-paced environments

Experience supporting audits

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.

Role Overview:

As a Second Line Regulatory / Risk Reporting Analyst, you will play a critical role in providing independent oversight of regulatory and risk reporting across the organisation. This includes reviewing, challenging, and enhancing the quality and accuracy of reports submitted to regulators and senior management.

You will work closely with First Line teams to ensure that reporting processes are robust, compliant with regulatory expectations, and aligned with internal risk frameworks. The role also involves horizon scanning for regulatory developments and supporting the business in understanding and responding to emerging reporting requirements.

Key Responsibilities:

Oversight & Assurance

• Provide independent review and challenge of regulatory and risk reports produced by First Line teams
• Assess the effectiveness of controls over data entry and quality, aggregation, and reporting processes
• Monitor adherence to regulatory reporting standards and internal risk policies

Regulatory Engagement

• Support the collation and review of information for regulatory submissions and requests
• Maintain awareness of regulatory developments and assess their impact on reporting obligations
• Liaise with Compliance and Legal teams to ensure alignment with regulatory expectations

Risk Reporting

• Review and challenge risk MI and dashboards to ensure accuracy, completeness, and relevance
• Support the development of risk appetite metrics and thresholds in collaboration with Risk SMEs in relation to Data
• Contribute to the enhancement of risk reporting frameworks and methodologies

Data Governance & Controls

• Evaluate data lineage and control frameworks supporting regulatory and risk reporting
• Identify and escalate data quality issues and control weaknesses
• Recommend improvements to enhance reporting accuracy and timeliness

Stakeholder Collaboration

• Work with First Line, Compliance, and Internal Audit to ensure consistent understanding of reporting requirements.
• Provide guidance and training to stakeholders on regulatory and risk reporting standards

Change and Continuous Improvement

• Own and maintain the regulatory change tracker, ensuring it is consistently updated with relevant developments. Work closely with business stakeholders to assess the impact of upcoming regulatory changes and support effective prioritisation based on business needs and regulatory timelines.
• Contribute to the development of reporting tools, templates, and automation initiatives
• Support internal projects and initiatives aimed at enhancing the risk and control environment

Key Knowledge, Skills & Experience:

• Understanding of relevant regulations and regulatory frameworks (Essential)
• Experience using reporting tools and systems like Power BI, SQL and Excel (Essential)
• Proven track record in preparing and submitting regulatory returns (Essential)
• Attention to detail in data validation and reporting to avoid compliance breaches
• Ability to interpret complex data sets and regulatory requirements to produce accurate reports
• Proactive approach to identifying and resolving reporting discrepancies or process inefficiencies
• Strong interpersonal skills to work across multiple teams
• Experience working in a fast paced environment and meeting deadlines
• Experience supporting internal and external audits, including responding to queries and implementing recommendations

Work Level: Experienced Colleague

Recruiter: Helen Simons

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]