At a Glance
- Tasks: Support risk management in Real Assets, ensuring risks are understood and controlled.
- Company: Join a leading financial services firm with a focus on private markets.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity for career growth in a collaborative and supportive team.
- Why this job: Make a real impact by advising on risk and control solutions in a trusted role.
- Qualifications: Experience in risk management and strong analytical skills required.
The predicted salary is between 60000 - 80000 € per year.
Requirements
- Experience working in a first/second-line risk, control or governance role within a regulated financial services environment.
- Knowledge of asset management investment products, specifically Real Estate, Private Equity, Impact Investing and Infrastructure finance and operational environments would be beneficial.
- Strong understanding of risk management frameworks, tools and methodologies, including RCSAs, control design, testing and assurance.
- Experience preparing and presenting risk and control materials for senior management and governance forums.
- Proven ability to produce clear, structured and high-quality management information and analysis.
- Applies sound judgement to deliver proportionate, outcome-focused risk and control solutions.
- Operates as a trusted advisor, providing constructive, confident and well-reasoned challenge while maintaining strong stakeholder relationships.
- Takes accountability and ownership for delivering high-quality outputs and driving actions through to completion.
- Comfortable working across multiple business areas, balancing competing priorities and deadlines.
- Able to manage challenge and conflict in a professional, calm and supportive manner.
- Strong analytical, organizational and problem-solving skills, with attention to detail and accuracy.
- Demonstrates integrity, resilience and a positive, ‘can-do’ mindset, leading by example.
What the job involves
- First Line Risk teams at M&G support the First Line Business Areas with operational risk management and risk reporting in line with the relevant M&G Policies, Frameworks and Standards.
- They act as first point of contact for the Business, Operational Risk, Compliance and Audit in relation to risk and control matters for their respective Business Area or the Business Unit, in order to represent the different areas/businesses within private markets, including the acquired companies.
- The role is for a Business Risk Partner supporting the Real Assets businesses (Real Estate, Infracapital, Impact and Private Equity) within the Private Markets business area.
- The role will report into Head of Risk for Real Assets, and work closely with the rest of the Private Markets Risk team and relevant members of senior leadership team in Private Markets.
- The role supports senior leaders through delivering high-quality governance, clear insight and proportionate challenge.
- It helps enable leaders to demonstrate that risks are owned, understood, controlled and managed within M&G’s risk appetite.
- The role operates with significant visibility, acting as a trusted first-line risk and control partner to management and governance forums.
- Act as a liaison, coordination point with the Real Assets businesses within Private Markets.
- Support the management of Risk Events arising in the Real Assets businesses in line with Operational Risk requirements.
- Support the management of Real Assets related Issues and Actions to ensure alignment with the Operational Risk requirements and timely closure of issues and actions.
- Risk & Control Self-Assessment (“RCSA”) - Identify and manage top risks and mitigating actions/controls with the RCSA Owners across the Real Asset businesses.
- Represent First line risk as appropriate at the relevant Real Assets governance forums and with the relevant stakeholders including Risk support with respect to the execution of strategic projects and initiatives.
- Support and co-ordinate the annual M&G Real Estate Service Organisation Control (SOC) Report update.
- Conflicts of Interest management - Lead the identification, reporting and maintenance of the relevant Conflicts of Interest Register entries in MetricStream including monitoring mitigating actions/controls for the Real Assets businesses.
- Maintain the relevant Conflicts of Interest Register entries in MetricStream for the Real Assets businesses.
- Oversee Key Control Assessments (“KCAs”) and other control testing (e.g. led by Audit), being the key point of contact around risk and controls discussions and issues for the Real Asset businesses.
- Support remediation of control deficiencies, audit findings, regulatory issues and self-identified issues, working closely with business owners to achieve timely and sustainable outcomes.
- Contribute to the maintenance and enhancement of supporting artefacts such as risk process maps, control libraries and underlying documentation to reflect the true operating environment.
- Risk monitoring - Monitor risk and control environment, e.g. MI across conduct risk, reputational risk, financial crime, third-party suppliers, business risks, valuations, resiliency (BCPs) for Real Assets Business lines.
- Identify and manage emerging risks proactively for the Real Assets businesses via, e.g. via trend analysis, dialogue with the businesses vis a vis industry, geo-political and business developments.
- Perform or support with thematic reviews as required with focus on key emerging risks across the Real Assets businesses.
- Support with the risk management of Model and User-developed Application (“MUDA”) risks.
- Support with the identification and reporting of risk appetite working closely with senior SMEs to understand risk metrics and linkage to appetite.
- Risk Governance & Reporting – Review / enhance / prepare risk and control-related papers for governance forums as required.
- Risk and control SME advice - Support the First Line across the Real Assets businesses with the maintenance and roll out of the risk and control framework.
Business Risk Partner (Private Markets, Real Assets) in London employer: Deepstreamtech
At M&G, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation. As a Business Risk Partner in our Private Markets division, you'll benefit from a culture that values integrity and resilience, alongside opportunities for professional growth and development within the regulated financial services sector. Our commitment to employee well-being is reflected in our supportive atmosphere, where your contributions are recognised and rewarded, making M&G a truly rewarding place to advance your career.
StudySmarter Expert Advice🤫
We think this is how you could land Business Risk Partner (Private Markets, Real Assets) in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work in risk management or private markets. A casual chat can lead to opportunities you wouldn't find on job boards.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of risk management frameworks and methodologies. Be ready to discuss how you've applied these in past roles, as this will show you're the right fit for the Business Risk Partner position.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've produced high-quality management information and analysis. This will demonstrate your ability to deliver structured insights that senior management values.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Business Risk Partner (Private Markets, Real Assets) in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in risk management and governance roles. We want to see how your background aligns with the specific requirements of the Business Risk Partner position.
Showcase Your Skills:Don’t forget to emphasise your analytical, organisational, and problem-solving skills. We’re looking for someone who can produce high-quality management information, so give us examples of your past work that demonstrate these abilities.
Be Clear and Concise:When writing your application, clarity is key! Use structured language and avoid jargon where possible. We appreciate straightforward communication, especially when it comes to presenting risk and control materials.
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Deepstreamtech
✨Know Your Risk Management Frameworks
Make sure you brush up on your understanding of risk management frameworks, tools, and methodologies. Be ready to discuss how you've applied these in previous roles, especially in relation to RCSAs and control design. This will show that you’re not just familiar with the concepts but can also implement them effectively.
✨Prepare High-Quality Management Information
Since the role involves preparing and presenting risk and control materials for senior management, practice creating clear and structured reports. Use examples from your past experiences where you’ve successfully communicated complex information to stakeholders. This will demonstrate your ability to produce high-quality outputs.
✨Showcase Your Stakeholder Management Skills
Be prepared to discuss how you’ve built and maintained strong relationships with stakeholders. Think of specific instances where you’ve acted as a trusted advisor or provided constructive challenge. This will highlight your interpersonal skills and ability to navigate complex environments.
✨Demonstrate Your Problem-Solving Abilities
Expect questions that assess your analytical and problem-solving skills. Prepare examples where you’ve tackled challenges in a calm and professional manner, particularly in high-pressure situations. This will illustrate your resilience and 'can-do' mindset, which are crucial for this role.
