At a Glance
- Tasks: Provide risk oversight and independent challenge on transformation projects.
- Company: Join M&G, a leading UK financial services provider with a rich history.
- Benefits: Enjoy 38 days annual leave, a generous pension scheme, and private healthcare.
- Other info: Diverse and inclusive culture with flexible working arrangements.
- Why this job: Make a real impact in risk management while working in a supportive environment.
- Qualifications: Strong understanding of UK regulatory frameworks and project delivery.
The predicted salary is between 60000 - 75000 £ per year.
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.
M&G plc, as a major UK listed financial services provider, is required to operate effective non-financial risk management across the organisation. An exciting opportunity has arisen to provide independent, forward-looking risk oversight across the transformation portfolio, particularly across the Finance function, with a focus on major programmes, delivery risk, and value realisation. The Transformation Risk Manager role is part of the second line risk team, reporting to the 'Head of Support Functions Oversight and Assurance'.
Responsibilities:
- Independent embedded assurance & deep dive reviews
- Risk engagement and oversight at programme and project level
- Provision of regular MI and reporting on Change and Transformation projects to senior stakeholder Boards and Committees
Key Responsibilities for this role:
- Provide risk oversight and independent challenge on first line identification, assessment and management of change related risks, including credibility of plans, capacity, timelines and benefits.
- Act as a trusted business partner, building strong, credible relationships and ensuring Risk & Compliance input is proportionate, value-adding, and aligned to business needs.
- Manage and coordinate Risk and Compliance second line opinions on transformation programmes across Support Functions.
- Manage and coordinate targeted transformation risk assurance reviews and deep dives in line with agreed Assurance Plan.
- Provide timely reporting and MI across Programme and Projects on progress and risk assessment to relevant governance committees.
- Review and assess the emerging risk themes across programmes.
- Work collaboratively with the wider Risk and Compliance community to ensure appropriate engagement.
- Complete strong written risk opinions provided to senior stakeholders including Board level.
Key Knowledge, Skills & Experience:
- Strong understanding of the UK regulatory framework for non-financial risk management in financial services (essential).
- A strong understanding of project/programme delivery and risk oversight frameworks, including across initiation and business case development, planning, build, implementation, monitoring, and closure stages (essential).
- Experience of building and managing strong relationships with a broad range of stakeholders (essential).
- Knowledge of Life Insurance and Asset Management (desirable).
- Professional accounting qualification (ACA, ACCA, CIMA), beneficial but not essential due to the significant proportion of finance project oversight.
- Project Management qualifications (desirable).
- Good understanding and application in cost and benefit management (desirable).
- Experience in Risk and Issues Management (desirable).
Personal Attributes:
- A promoter of risk awareness within the organisation.
- Relationship management and the ability to challenge operational experts.
- Able to work collaboratively across the immediate team and broader Risk & Compliance function.
- Strong stakeholder management skills and experience dealing with challenging stakeholders.
- Persistent and resilient in the face of challenge.
- Able to work under pressure to tight deadlines and competing priorities.
- Able to look beyond face value, ask the right questions and make links and connections across the organisation and between similar situations.
- Excellent verbal and written communication skills.
- Ability to work autonomously as role is independent of other risk disciplines.
What we offer:
At M&G, we're committed to helping you thrive and supporting your wellbeing, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, while planning confidently for your future. Our UK benefits include:
- A valuable pension scheme of 18%, with 13% made up of Employer Contributions and 5% Employee Contributions.
- Share Save and our Share Incentive Plan, together with access to financial wellbeing and support services.
- 38 days annual leave including bank holidays, with the opportunity to purchase up to 5 extra days and additional flexibility through our Time Off When You Need It policy.
- Market leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave.
- Health & Protection cover including Private Healthcare, Critical Illness cover and Life Assurance for you, with family options.
We have a diverse workforce and an inclusive culture at M&G, 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.
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
Transformation Risk Manager in Stirling employer: M&G plc
M&G plc is an exceptional employer that prioritises employee wellbeing and professional growth, offering a comprehensive benefits package including an 18% pension scheme, generous annual leave, and extensive family support policies. Our inclusive work culture fosters collaboration and innovation, ensuring that every team member feels valued and empowered to contribute to our mission of providing confidence in financial solutions. With flexible working arrangements and a commitment to diversity, M&G is dedicated to creating a supportive environment where exceptional talent can thrive.
StudySmarter Expert Advice🤫
We think this is how you could land Transformation Risk Manager in Stirling
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like M&G plc. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Transformation Risk Manager in Stirling
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to M&G plc.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on M&G plc's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at M&G plc
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with M&G plc.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at M&G plc will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former M&G plc employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.