Regulatory Engagement Manager PRA in London

Role Overview

Senior Regulatory Engagement Manager within the Risk & Compliance function, reporting to the Director of Regulatory Affairs, focuses on managing relationships with the Prudential Regulation Authority (PRA) and supporting the implementation of M&G Plc's regulatory engagement strategy.

Key Responsibilities

• Support the Director of Regulatory Affairs in delivery of the Group's proactive regulatory engagement strategy.
• Act as a trusted adviser to key contacts across the business on regulatory matters, maintaining strong relationships with stakeholders and supporting them in proactive and reactive engagements with regulators.
• Coordinate day‑to‑day interactions with the regulators' Supervisory teams, playing a key role at each stage of the regulatory engagement lifecycle.
• Maintain a record of all regulatory contacts, engagement and follow‑up actions.
• Prepare briefing notes for regulatory meetings and act as note taker to ensure an accurate record.
• Coordinate and develop high‑quality and timely responses to regulator requests and provide regular management information.
• Work with SMEs to review, provide input and guidance on materials before submission to meet regulator expectations.
• Provide guidance to business contacts on issues that may require regulator notification.
• Demonstrate sound judgment and provide high‑quality input, guidance and insight to meet regulator expectations, ensuring consistency across responses.
• Collaborate with the Regulatory Affairs team to ensure a seamless and consistent approach across M&G plc.
• Provide input to projects on regulatory impacts, ensuring timely visibility to regulators and opportunities for questions.

Qualifications

• Educated to degree level, or equivalent qualifications/experience and/or professional qualification.
• Extensive regulatory experience (essential), ideally gained through work at the PRA and/or within the industry.
• Good knowledge of regulator rules, especially PRA handbooks, and of regulatory environments in key jurisdictions (essential).
• Excellent interpersonal, written and verbal communication skills (essential).
• Ability to manage multiple and changing priorities, ensuring regulator requests are addressed timely (essential).
• Seasoned Compliance professional with a strong track record in complex, global financial services businesses.
• Significant experience in influencing and negotiating to resolve differences satisfactorily.
• Excellent analytical skills, ability to review materials, identify trends and articulate insights, including appropriate use of AI.
• Strong presentation skills to articulate concepts clearly and compellingly.
• Adept at building effective internal and external stakeholder relationships, highly collaborative.
• Delivery and outcome focused, with resilience, determination and strong initiative.
• Ability to support and develop a positive Compliance culture across the organisation.
• Alignment with M&G's values and purpose.

Key Skills & Knowledge

• Regulatory knowledge of PRA and other relevant regulators.
• Experience in stakeholder management and advisory roles.
• Project influence and operational excellence.
• Analytical and presentation expertise.
• Strong communication and negotiation skills.

Benefits

• Employer‑contributed pension scheme (18% with 13% employer contribution and 5% employee contribution).
• Share Save and Share Incentive Plan.
• Access to financial wellbeing and support services.
• 38 days annual leave (including bank holidays) with the option to purchase up to 5 additional days.
• Time Off When You Need It policy for flexible leave.
• Inspiring Families policy: comprehensive support and paid parental leave covering maternity, adoption, surrogacy and paternity.
• Health & protection cover: private healthcare, critical illness cover and life assurance for you and family options.

Equal Opportunity Statement

M&G plc is an equal opportunity employer and welcomes applications from candidates of all backgrounds, including gender, ethnicity, age, sexual orientation, nationality, disability, neuro‑divergent conditions and those returning from military service.