Risk Management Lead - M&G plc.
Risk Management Lead - M&G plc.

Risk Management Lead - M&G plc.

Stirling Full-Time 43200 - 72000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead risk management efforts, ensuring effective communication and collaboration across teams.
  • Company: Join M&G plc, a trusted international savings and investments business with over 170 years of experience.
  • Benefits: Enjoy flexible working arrangements and workplace accommodations tailored to your needs.
  • Why this job: Be part of a culture that values integrity, collaboration, and exceptional talent while making a real impact.
  • Qualifications: Bachelor's degree required; advanced degrees or certifications in risk management preferred.
  • Other info: We celebrate diversity and welcome applications from all backgrounds, including those with disabilities.

The predicted salary is between 43200 - 72000 £ per year.

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 workplace accommodations to ensure you have what you need to effectively deliver in your role.

The Life Risk Engagement Lead is a pivotal role responsible for establishing and maintaining robust relationships between the Life Business Risk Team, key stakeholders within the Life sector, colleagues in Life Technology, and the First Line GRC functions. This role ensures a comprehensive understanding of risk exposure, particularly related to IT & Digital Security, operational resilience, third-party, data, and privacy risks. The Risk Engagement Lead directs focus towards the right priorities by providing timely and relevant information to enable effective and efficient risk management across the Life business.

Key Responsibilities
  • Relationship Management: Cultivate strong relationships between the Life Business Risk Team, key stakeholders, and technology colleagues to facilitate effective communication and collaboration. Act as a liaison between different teams to ensure alignment and understanding of risk management strategies and objectives.
  • Risk Assessment and Prioritisation: Collaborate with stakeholders to ensure a comprehensive understanding of risk exposure across all in-scope risks. Communicate the current risk position at regular local and wider risk forums, providing qualitative analysis and rationale against the latest risk data. Identify and prioritise key risk areas, directing efforts towards addressing critical vulnerabilities.
  • Control Management: Oversee the implementation and execution of key controls related to IT & Digital Security risk, operational resilience, third-party engagements, data management, and privacy. Ensure early escalation to Life management and support prioritisation of remediation activities for identified control gaps.
  • Collaboration with Technology GRC Function: Work closely with colleagues within the technology First Line GRC function. Collaborate on control testing, risk identification, assessment, and reporting to strengthen risk management practices across the Life business unit.
Qualifications and Skills:
  • Bachelor's degree in business administration, finance, information technology, or a related field. Advanced degree or relevant certifications (e.g., CISA, CRISC, CISSP) preferred.
  • Proven experience in identifying, evaluating, and mitigating potential risks within the financial services industry.
  • Strong understanding of risk management principles, control frameworks, and regulatory requirements.
  • Excellent communication and interpersonal skills, with the ability to build strong relationships and influence stakeholders at all levels.
  • Analytical mindset with the ability to assess complex risk scenarios and prioritise effectively.
  • Experience in collaborating with cross-functional teams and driving initiatives to completion.
  • Sound knowledge of operational resilience, third-party risk management, and data governance (ISF, COBIT, NIST).
  • Proficiency in risk assessment methodologies, control testing, and risk reporting.
  • Ability to identify emerging risks based on various information sources and articulate the impact to the business unit.
  • Capacity to perform well under tight deadlines.

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: careers@mandg.com

Risk Management Lead - M&G plc. employer: M&G plc.

M&G plc is an exceptional employer that fosters a culture of integrity, collaboration, and inclusivity, making it an ideal place for talented individuals to thrive. With flexible working arrangements and a commitment to employee growth, M&G offers unique opportunities for professional development in the financial services sector. The company's dedication to diversity and support for employees with disabilities further enhances its reputation as a forward-thinking organisation that values every team member's contributions.
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Contact Detail:

M&G plc. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Risk Management Lead - M&G plc.

✨Tip Number 1

Familiarise yourself with M&G's core values and behaviours. Understanding their emphasis on integrity, collaboration, and effective communication will help you align your approach during interviews and discussions.

✨Tip Number 2

Network with current or former employees of M&G, especially those in risk management roles. They can provide valuable insights into the company culture and expectations, which can be beneficial for your application.

✨Tip Number 3

Stay updated on the latest trends and regulations in risk management, particularly in the financial services sector. Being knowledgeable about current issues will demonstrate your commitment and expertise during conversations with the hiring team.

✨Tip Number 4

Prepare to discuss specific examples of how you've successfully managed risks in previous roles. Highlighting your analytical skills and ability to collaborate with cross-functional teams will showcase your fit for the Risk Management Lead position.

We think you need these skills to ace Risk Management Lead - M&G plc.

Risk Management Principles
Control Frameworks
Regulatory Requirements
Stakeholder Relationship Management
Risk Assessment Methodologies
Operational Resilience
Third-Party Risk Management
Data Governance (ISF, COBIT, NIST)
Analytical Skills
Communication Skills
Interpersonal Skills
Cross-Functional Collaboration
Control Testing
Risk Reporting
Emerging Risk Identification
Ability to Work Under Tight Deadlines
CISA, CRISC, CISSP Certifications

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in risk management, particularly within the financial services sector. Emphasise your skills in relationship management, risk assessment, and control management as these are key for the Risk Management Lead role.

Craft a Compelling Cover Letter: In your cover letter, express your passion for risk management and how your background aligns with M&G's values. Mention specific experiences that demonstrate your ability to build relationships and manage risks effectively.

Highlight Relevant Qualifications: Clearly list any relevant qualifications or certifications, such as CISA, CRISC, or CISSP, in your application. This will help showcase your expertise and commitment to the field of risk management.

Showcase Your Analytical Skills: Provide examples in your application that illustrate your analytical mindset. Discuss how you've assessed complex risk scenarios in the past and the impact of your decisions on previous projects or roles.

How to prepare for a job interview at M&G plc.

✨Understand the Role and Responsibilities

Before your interview, make sure you thoroughly understand the key responsibilities of the Risk Management Lead position. Familiarise yourself with risk assessment methodologies and the specific risks mentioned in the job description, such as IT & Digital Security and operational resilience.

✨Showcase Your Relationship Management Skills

Since this role involves cultivating strong relationships, be prepared to discuss your experience in building and maintaining stakeholder relationships. Share specific examples of how you've successfully collaborated with cross-functional teams in the past.

✨Prepare for Technical Questions

Expect questions related to risk management principles and control frameworks. Brush up on relevant certifications like CISA or CRISC, and be ready to explain how you've applied these concepts in real-world scenarios.

✨Demonstrate Your Analytical Mindset

The ability to assess complex risk scenarios is crucial for this role. Prepare to discuss how you've identified and prioritised risks in previous positions, and be ready to provide examples of how your analytical skills have led to effective risk mitigation strategies.

Risk Management Lead - M&G plc.
M&G plc.
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