Senior Manager

M&G India; Mumbai; On-site; INR 3,000,000 - 4,500,000; Full time

Job summary

M&G India is seeking an experienced governance and risk professional to lead oversight of performance fees and related controls in its Mumbai operations.

The role requires coordinating internal and external audits, enhancing the revenue management framework, and driving robust control documentation across Finance and Risk teams.

Responsibilities

• Lead oversight and calculation of performance-related fees
• Oversee governance of performance fee and carried interest processes, including methodology documentation and approvals
• Own and enhance the Revenue Management control framework, ensuring clear design and consistent operation
• Drive Key Control Assessments (KCA), including evidence validation and control effectiveness reviews
• Act as primary contact for Internal and External Audit, coordinating requests, walkthroughs and closure of audit actions
• Maintain and enhance process documentation (Work Instruction Templates and controls) in line with Operational Risk standards
• Manage Models and User Developed Application (MUDA) governance, including inventory, risk assessment and policy compliance
• Collaborate across Finance, Risk and business teams to design/improve controls and processes
• Support control design for new initiatives including reconciliations, invoicing controls and system implementations
• Provide regular updates to governance forums on control performance, risks and improvements
• Completing ad hoc tasks as required.

Job description

About M&G India

We are M&G India, the strategic innovation and digital hub for M&G. Established in 2003, we have offices in Mumbai and Pune.

About M&G India

We are M&G India, the strategic innovation and digital hub for M&G. Established in 2003, we have offices in Mumbai and Pune. Our teams work closely with colleagues across the Group worldwide to drive transformation, build digital capability, and support sustainable growth. By leveraging technology, AI, automation, and process excellence, we bring new ways of thinking to improve outcomes for both customers and colleagues. Grounded in a vibrant culture with strong foundations, we are central to how M&G is transforming as a business.

About M&G

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.

• Lead oversight and calculation of performance-related fees
• Oversee governance of performance fee and carried interest processes, including methodology documentation and approvals
• Own and enhance the Revenue Management control framework, ensuring clear design and consistent operation
• Drive Key Control Assessments (KCA), including evidence validation and control effectiveness reviews
• Act as primary contact for Internal and External Audit, coordinating requests, walkthroughs and closure of audit actions
• Maintain and enhance process documentation (Work Instruction Templates and controls) in line with Operational Risk standards
• Manage Models and User Developed Application (MUDA) governance, including inventory, risk assessment and policy compliance
• Collaborate across Finance, Risk and business teams to design/improve controls and processes
• Support control design for new initiatives including reconciliations, invoicing controls and system implementations
• Provide regular updates to governance forums on control performance, risks and improvements
• Completing ad hoc tasks as required.

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